NOT LISTED FOR SALE

9 New Ocean St Swampscott, MA 01907

Estimated Value: $831,000 - $979,000

7 Beds
2 Baths
3,509 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $561,151 $160 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,785/month

9 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • 3-minute walk to Kings Beach
  • Swampscott High School Rated A-
  • Porch

About This Home

As of May 2019

DELEADED Two-Family! Rare opportunity to live in a UNIQUE "PHILLY STYLE" TWO-FAMILY...This Philadelphia Style home features a first floor apartment with stairs to 2 bedrooms on the second floor. The Philly layout is highly desired--the first floor apartment is more spacious and feels less like an apartment and more like a home! It offers the feeling of separation of living and sleeping areas that a duplex brings (see floor plans in MLS Documents). The 8 room, 4-5 bedroom top unit shares the other half of the second floor and occupies all of the third floor. Added to the great layout is the very appealing location--leave your car at home and walk very short distance to the train and, in your free time, King's Beach, Downtown and Olmsted Historic District are moments away! 2 Car garage and Parking is plentiful. Both units have independent outdoor space on front and back porches.

Last Listed By

Linda Hayes

William Raveis R.E. & Home Services Listed on: 01/22/2019

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,615

Year Built

  • Built in 1910

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0001 B:0141 L:0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,615

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 156.71
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: C58300
  • Main So: AN1745
  • Estimated Sq Ft: 3509.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Covered Patio/Deck, Gutters
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, House of Worship, Public School, T-Station

Schools

  • High School: Newer

Lot Info

  • Assessments: 481000.00
  • Acre: 0.11
  • Lot Size: 4851.00
  • Page: 247
  • Parcel Number: M:0001 B:0141 L:0
  • Zoning: A3
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 4
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7311.00
  • Assessor Parcel Number: 2165165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 1, 2019
Sold by
Moltz Sandra S and Wasserman Stephen A
Bought by
Sdv Rt 8
Seller's Agent
Linda Hayes
William Raveis R.E. & Home Services
Buyer's Agent
Andy Mass
Mass Realty Properties
List Price
$549,900
Sold Price
$561,151
Premium/Discount to List
$11,251
2.05%
Total Days on Market
9
Current Estimated Value
$909,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,578
Avg. Annual Appreciation
9.23%
Original Mortgage
$420,863
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1989
Sold by
Boggs Deborah Anne
Bought by
Wasserman Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
10.49%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sdv Rt 8 $561,151 --
Wasserman Stephen A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sdv Rt 8 $600,000
Closed Sdv Rt 8 $500,000
Closed Sdv Rt 8 $420,863
Previous Owner Boggs Deborah Anne $200,000
Previous Owner Moltz Sandra S $50,000
Previous Owner Wasserman Stephen A $176,800
Previous Owner Boggs Deborah Anne $207,000
Previous Owner Boggs Deborah Anne $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $561,151 +2.0% $160 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $549,900 -- $157 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,615 $749,800 $221,300 $528,500
2023 $8,349 $711,200 $204,900 $506,300
2022 $8,381 $653,200 $172,200 $481,000
2021 $8,112 $587,800 $147,600 $440,200
2020 $7,512 $525,300 $131,200 $394,100
2019 $7,311 $481,000 $114,800 $366,200
2018 $7,341 $458,800 $106,600 $352,200
2017 $6,628 $379,800 $77,900 $301,900
2016 $6,142 $354,400 $66,400 $288,000
2015 $6,078 $354,400 $66,400 $288,000
2014 $5,937 $317,500 $66,400 $251,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72444480

MLS Property Information Network (MLS PIN)

APN: SWAM-000001-000141