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51 New Ocean St. # 3, Swampscott MA 01907

Swampscott, MA 01907
$500,000
Est. $3,408/month
2
Beds
2
Baths
1,054
Sq Ft
$474
Price/Sq Ft
1920
Year Built
25
Days on Market
Closed Listed Feb 14, 2024 • MLS# 73202452 Copied!

About this home

PRICED UNDER ASSESSED VALUE. The penthouse unit at 51 New Ocean Street was beautifully renovated in 2015 and offers an abundance of natural light, hardwood flooring and a generously sized living room that opens to the dining room, separated by a double sided glass, gas fireplace. The granite and stainless steel kitchen has a European flair. The primary bedroom boasts an en-suite bathroom and is ideally situated at the opposite end to the second bedroom, allowing for optimal privacy. You can enjoy your morning coffee or after dinner drinks on the front porch which is exclusive to the unit. This location offers close proximity to the commuter rail and many of Swampscott's beaches and fine dining restaurants. 2 car tandem parking deeded as "exclusive use".

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,054 sq ft
Total Rooms
5
Stories
1
Entry Level
3
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $500,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $474
Sale $/sq ft: $474
This property sold for $474 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$474/sq ft
Area Average
$404/sq ft
Difference
+17.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,054 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Other
Fireplace Dining Room, Living Room
Fireplaces 1
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Tandem
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,800
Assessed Value $504,800

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Other
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2015
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem

Special Features

Fireplaces: 1
Fireplace Type: Dining Room, Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, House of Worship, Public School, T-Station

Location

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Neighborhood

51 New Ocean St. # 3, Swampscott MA 01907

Swampscott, MA 01907

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $483
Homeowners Insurance $200
HOA Fee $196/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

0%
Price Range
27
Total Days on Market

Property Timeline

Sold
May 6, 2024
$500,000
Property sold
Days on Market: 27
🏠
Listed for Sale
Feb 14, 2024
$499,900
Original listing
Agent: Paula Pickett Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Feb 14, 2024 New Listing Added $499,900

Market Statistics

Days on Market
25 days
Price per Sq Ft
$474

Tax History

Year Taxes Assessment
2024 $5,800 $504,800

Financial Details

Annual Property Tax
$5,800
Tax Year 2024
HOA Fee
$196
Monthly
Assessed Value
$504,800

Listing Information

Listing Agent Paula Pickett
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C5545847
Office MLS ID AN6221
Listing Data Updated May 6, 2024 1:24 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Swampscott, MA

Real-time market trends and pricing data for this area

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