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2 Palmer Avenue

2 Palmer Avenue, Swampscott, MA 01907
Property in Swampscott
Sold Feb 19, 2016
$750,000
$600,000 by Citibank Na
Mortgage Due Feb 19, 2036
Sold Sep 16, 2013
$640,000
$576,000 by Us Bank Na
Mortgage Due Sep 16, 2043
Local assessors in Swampscott, MA have categorized 2 Palmer Avenue as a residential type of property. The home was built in 1911 and is 113 years old. The property's lot size has been calculated to be 9,627 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2 Palmer Avenue has a total of 2,859 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gambrel style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 1, 1970 for $750,000. That's $262.33 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $640,000. 2 Palmer Avenue was last assessed in 2023. The total value of the property was assessed at $971,500. Specifically, the land the property is located on was valued at $345,600. While improvements on the property were assessed at a total of $625,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,405. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Detached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,236
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,627
  • Total Building Area: 2,859
  • Gross Building Area: 5,367
  • Building Area: 2,859
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,859
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PENNY MICHELLE
  • Previous Owner : FOUGERE DAVID F
  • Previous Owner 2: CASSIDY PATRICK J
  • Owner Before Previous Owner: GEROLIUM SUZETTE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A1

Geography

  • Parcel: SWAM M:0029 B:0014 L:0
  • Block: 14
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4739
  • Longitude: -70.8937

    Address

  • Full Address: 2 Palmer Ave
  • Address - House Number: 2
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 2307
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,405

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,127,018
  • High Value: 1,305,036
  • Low Value: 949,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Feb 19, 2016
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 19, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $971,500
  • Assessed Land Value: $345,600
  • Assessed Improvements Value: $625,900

    Sales

  • Current Sale Recording Date: Feb 19, 2016
  • Current Sale Transaction ID: 1913629212
  • Current Sale Price: $750,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 57
  • Previous Sale Recording Date: Sep 16, 2013
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Feb 19, 2016
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 19, 2036

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Sep 16, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $576,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 16, 2043

About Swampscott



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Frequently Asked Questions

What neighborhood is 2 Palmer Avenue located in?
The 2 Palmer Avenue is a located in the neighborhood of Swampscott in Swampscott, Swampscott.
What is the average sales price for listings in 2 Palmer Avenue?
The average sales price for units in 2 Palmer Avenue is $0 currently.

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