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50 Puritan Lane

50 Puritan Lane, Swampscott, MA 01907
Property in Swampscott
Sold Jun 30, 2020
$1,480,000
$1,184,000 by Citizens Bank Of Rhode Island
Mortgage Due Jun 30, 2050
Sold Feb 28, 2019
$940,000
$500,000 by Bank Of America Na
Mortgage
50 Puritan Lane has been categorized by the local assessors in Swampscott, MA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 50 Puritan Lane has 3,292 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,254 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 10, 2020 for $1,480,000. That's $449.57 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2019 for $940,000. 50 Puritan Lane was last assessed in 2023. The total value of the property was assessed at $1,467,100. Specifically, the land the property is located on was valued at $529,800. While improvements on the property were assessed at a total of $937,300. 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 $17,224. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Outdoor Space

Garden

Parking

Attached Garage
Off Street Parking

Location

Corner Lot

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,488
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,254
  • Total Building Area: 3,292
  • Gross Building Area: 6,332
  • Building Area: 3,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,292
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.442
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOFGREN MARGARET C
  • Current Owner 2: LOFGREN PRESTON
  • Previous Owner : SCHWARTZ GLENN P
  • Previous Owner 2: SCHWARTZ IRENE A
  • Owner Before Previous Owner: SOLONE NANCY A
  • Owner Before Previous Owner 2: SOLONE THOMAS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A1

Geography

  • Parcel: SWAM M:0024 B:0072 L:0
  • Block: 72
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4641
  • Longitude: -70.899

    Address

  • Full Address: 50 Puritan Ln
  • Address - House Number: 50
  • Address - Street Name: Puritan
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C001
  • 4-Digit Zip Code: 2710
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,224
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,663,312
  • High Value: 1,947,437
  • Low Value: 1,379,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,184,000
  • First Open Lien Mortgage Lender: CITIZENS BANK OF RHODE ISLAND
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $1,184,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,467,100
  • Assessed Land Value: $529,800
  • Assessed Improvements Value: $937,300

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11772061259
  • Current Sale Price: $1,480,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20200630007040
  • Previous Sale Recording Date: Feb 28, 2019
  • Previous Sale Contract Date: Feb 25, 2019
  • Previous Sale Amount: $940,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK OF RHODE ISLAND
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $1,184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 28, 2019
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Swampscott



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Frequently Asked Questions

What neighborhood is 50 Puritan Lane located in?
The 50 Puritan Lane is a located in the neighborhood of Swampscott in Swampscott, Swampscott.
What is the average sales price for listings in 50 Puritan Lane?
The average sales price for units in 50 Puritan Lane is $0 currently.

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