20 days on rocket

140 Elmwood Rd, Swampscott, MA, 01907

$1,649,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
4,364 SqFt
$378/SqFt
House
Schools Nearby

Location

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140 Elmwood Rd, Swampscott$1,649,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street
Garage2 spaces
Year Built1890
HeatingCentral, Hot Water
CoolingNone
BasementYes
WaterfrontBeach
FireplaceLiving Room
MLS #73230898
Lot Size0.23 Acres
StatusActive

About 140 Elmwood Rd

Introducing a rare gem of coastal living in the historic Olmsted District: a Victorian just a stroll away from the ocean's embrace, farmers market, restaurants, and shops. This captivating residence blends classic charm with modern convenience, offering an unparalleled lifestyle experience. Nestled behind the main house lies a large carriage house, with a spacious heated artist loft as well as parking and storage. Step inside the main residence to discover exquisite hardwood floors and timeless architectural details that harken back to a bygone era. This property won an award for excellence in restoration and features an additional artist studio in the basement! Multiple decks and porches beckon you outside, as does the large yard. This home is currently configured as a two-family. Beyond its aesthetic appeal, it's a savvy investment opportunity, with rental units poised to generate substantial income or just keep it as one magnificent and large single family!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1890
  • Living Area: 4,364 SqFt

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Listing Agent: The Pallotta Group

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Flooring - Hardwood
  • Interior: Gallery, Study
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • Exterior: Porch, Deck, Barn/Stable

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Swampscott High School, Public District Grades 9-12
  • Swampscott Middle School, Public District Grades 5-8
  • Hadley, Public District Grades KG-4
  • Clarke, Public District Grades KG-4

Other

Directions Information:

  • Directions: Monument to Elmwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,649,000
  • Price Per SqFt: $378/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $13,000
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Swampscott, MA.

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Swampscott, MA

City

Med. Sold Price

$695K

Med. Price/SqFt

$387

Avg. Days On Market

16

# of Sold Homes

14

140 Elmwood Rd vs Swampscott

20 DAYS ON ROCKET

+4 Days

$1,649,000

+$954K More

$378/SqFt

-$9 Less

KEY TAKEAWAY

This property is $954K more than the Median Sold Price and $9/SqFt less than other homes in Swampscott, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73230898

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Listing Agent: The Pallotta Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/22/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$13,000$942,000
2020$11,532$806,400
2019$11,876$781,300
2018$11,843$740,200
2017$12,102$693,500

History based on county public records data.

Payment Calculator

$8,298

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,010

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5856896
8
/10

  • Hadley

  • 24 Redington St

  • 0.12 miles

  • Public District Grades KG-4

school-card-donut-5856897
2
/10

  • Clarke

  • 100 Middlesex Ave

  • 0.33 miles

  • Public District Grades KG-4

Middle School

school-card-donut-5856898
6
/10

  • Swampscott Middle School

  • 207 Forest Ave

  • 0.71 miles

  • Public District Grades 5-8

High School

school-card-donut-5856899
7
/10

  • Swampscott High School

  • 200 Essex St

  • 0.66 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $151,471. Residents of Swampscott, MA typically earn between $100k-200k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 Elmwood Rd

What is the listing price of this property?

The listing price of 140 Elmwood Rd property is $1,649,000.

What type of property is this?

The property 140 Elmwood Rd is a house located in Swampscott, Massachusetts, 01907.

Is this property for sale now?

Active Listing: 140 Elmwood Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 140 Elmwood Rd are:
Hadley: GreatSchools Rating 8/10
Clarke: GreatSchools Rating 2/10
Swampscott Middle School: GreatSchools Rating 6/10
Swampscott High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,000 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 140 Elmwood Rd has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 140 Elmwood Rd is 4,364 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 140 Elmwood Rd is 1890.

Rocket Homes›Massachusetts›Essex County›Swampscott›01907›140 Elmwood Rd

This home is located at 140 Elmwood Rd in Swampscott, MA and zip code 01907. This 4,364 square foot home, which was built in 1890, sits on a 0.23 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $1,649,000.

Over 8 listings were sold over their listed price in April 2024 in Swampscott, MA. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Swampscott, MA increased by 31.6% between March 2024 and April 2024. In April 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $695,000.

From Rocket Homes Real Estate and based on county public records data.

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