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1 Loring Ave # 410, Swampscott MA 01907

Swampscott, MA 01907
$440,000
Est. $3,381/month
2
Beds
2
Baths
1,350
Sq Ft
$326
Price/Sq Ft
0.00
Acres
1986
Year Built
68
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247680 Copied!

About this home

Huge price reduction. MOTIVATED SELLER is purchasing property and must sell NOW! This must-see, beautifully maintained building offers all the amenities that today's buyer is searching for. Conveniently located to Vinnin Square this quiet rear-facing 4th-floor unit offers a spacious open floor plan featuring a fully applianced kitchen with an abundance of cabinet and counter space. New washer, dryer, and hot water heater. Large bedrooms. Beautiful inside pool, exercise room, community room for personal entertaining (with reservation), storage area, and elevator. Enjoy your morning coffee on your cozy deck. Two deeded parking spaces,(1) inside the heated garage and (1) outdoor space by the front entrance. $581.00 condo fee includes water, sewer, master insurance, indoor pool, elevator, landscaping, maintenance and snow removal. Steps to shopping and restaurants. Open house for Wednesday evening, July 31st from 6 to 7 pm has been canceled!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
2
Full Bathrooms
2
Living Area
1,350 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $539,900
Final Sale Price: $440,000
Difference: $99,900 (-18.5%)
Performance Metrics
81.5%
List to Sale Ratio
Sold below asking price
68
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $400
Sale $/sq ft: $326
This property sold for $326 per square foot
Sale Summary

This property sold for 18.5% below the original asking price.

The property spent 68 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$326/sq ft
Area Average
$185/sq ft
Difference
+75.9%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,350 sq ft
Lot Size 0.0000
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump, Electric
Cooling Heat Pump
Flooring Tile, Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Features Internet Available - Unknown, Elevator, Other

Exterior

Construction Brick, Stone
Architecture None
Roof Other
Features Deck
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Off Street, Deeded
Total Spaces 2

Utilities

Electric 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,500
Assessed Value $331,700

Interior Features

Flooring: Tile, Wood Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown, Elevator, Other
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1986
Structure Type: Garden
Exterior Materials: Brick, Stone
Roof: Other
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 3
Cooling: Heat Pump
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Other (See Remarks)

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Heated Garage, Off Street, Deeded

Location

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Neighborhood

1 Loring Ave # 410, 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 $375
Homeowners Insurance $200
HOA Fee $581/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

2.2%
Price Range
70
Total Days on Market

Property Timeline

Sold
Aug 30, 2024
$440,000
Property sold
Days on Market: 70
🏠
Listed for Sale
Jun 5, 2024
$450,000
Original listing
Agent: Carol Fumicello Office: Clements Realty Group

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $450,000

Market Statistics

Days on Market
68 days
Price per Sq Ft
$326

Tax History

Year Taxes Assessment
2023 $4,500 $331,700

Financial Details

Annual Property Tax
$4,500
Tax Year 2023
HOA Fee
$581
Monthly
Assessed Value
$331,700

Listing Information

Listing Agent Carol Fumicello
Listing Office Clements Realty Group
Agent MLS ID C4365596
Office MLS ID C95263
Listing Data Updated Aug 30, 2024 3:24 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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