Last Sold Price
7 beds3,191 sqft$180/sqft
29-31 Banks Rd, Swampscott, MA 01907

Description

Looking for a 2 family home just blocks to sandy beaches, fantastic restaurants and the commuter rail? Here it is! This property features a 2-car garage, recently replaced roof, updated windows and a great back yard. Wood floors, beautifully detailed molding, and great light make up both units. Unit 1 is a 2 bed 1 full bath unit that takes up the first floor and is currently rented through the end of July of 2019 for $1700 per month. Unit 2 is a multi-floor unit with 2 bedrooms, 1 full bath, an eat-in...Looking for a 2 family home just blocks to sandy beaches, fantastic restaurants and the commuter rail? Here it is! This property features a 2-car garage, recently replaced roof, updated windows and a great back yard. Wood floors, beautifully detailed molding, and great light make up both units. Unit 1 is a 2 bed 1 full bath unit that takes up the first floor and is currently rented through the end of July of 2019 for $1700 per month. Unit 2 is a multi-floor unit with 2 bedrooms, 1 full bath, an eat-in kitchen, washer and dryer hook up on the 2nd floor, and 3 bedrooms with an additional full bath on the 3rd floor. Unit 2 will be vacant starting October 1.
LISTING CLOSED: 11/19/2018 12:00 AM

  1. Listed by Lutts Oman Group • Sagan Harborside Sotheby's International Realty
  2. Listed by Debra Oman • Sagan Harborside Sotheby's International Realty
  3. Listed by Rachel Lutts • Sagan Harborside Sotheby's International Realty

Property Details for 29-31 Banks Road

Status
MLS #
72395097
Days on Market
38
Taxes
$9,251 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1920
Town
Swampscott
Area
MA-Swampscott
Garage Spaces
2
Open Parking Spaces
5.00
Parking Spaces Total
5

Recent comparable sales

Median sold price

$1,025,000

Avg days on market

22

Sale-to-list ratio

98.5%

Swampscott, MA

9 comparable properties found

a front view of a house with a yard
1/29
1

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Sold 03/31/25

6
Bedrooms
2,940
Square Feet
0.16
Acres
$930,000 | 65-67 Stetson Avenue, Swampscott, MA 01907
1/40
2

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Sold 06/27/25

6
Bedrooms
3,600
Square Feet
0.12
Acres
$1,025,000 | 23 Ingalls Terrace, Swampscott, MA 01907
1/29
3

$1,025,000

Sold 07/11/25

7
Bedrooms
2,575
Square Feet
0.13
Acres
a front view of a house with a porch
1/38
4

$1,065,000

Sold 12/31/25

6
Bedrooms
3,388
Square Feet
0.13
Acres
a view of a house with large windows
1/43
5

$1,345,000

Sold 10/22/25

5
Bedrooms
2,864
Square Feet
0.14
Acres
a front view of a house with a yard
1/28
6

$850,000

Sold 05/14/26

6
Bedrooms
2,692
Square Feet
0.16
Acres
front view of a house
1/24
7

$710,000

Sold 08/06/25

4
Bedrooms
2,046
Square Feet
0.09
Acres
$1,135,000 | 3 Cedar Hill Terrace, Swampscott, MA 01907
1/43
8

$1,135,000

Sold 05/12/25

5
Bedrooms
3,793
Square Feet
0.11
Acres
a front view of a house with a yard
1/39
9

$860,000

Sold 12/20/24

6
Bedrooms
2,575
Square Feet
0.12
Acres

Location

Listing Courtesy of Sagan Harborside Sotheby's International Realty, Lutts Oman Group; Sagan Harborside Sotheby's International Realty, Debra Oman; Sagan Harborside Sotheby's International Realty, Rachel Lutts

Sold By Compass, Gayle Winters

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Building Information for 29-31 Banks Road

Stories3Residences2Year Built1920Building Size-Lot Size0.15 AC / 6,678 SF

Payment Calculator

$3,694 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,923

Property Taxes

$771

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 29-31 Banks Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 3191.0
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Post & Beam
  • Lot Description: Level
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Unit 2 will be vacant October 1 2018. Unit 1 lease through July 2019. Some knob and tube wiring. Some asbestos.
Tax Information
  • Tax ID: M:0016 B:0042 L:0,2167468
  • Assessments: $578,200
  • Book: 5385
  • Tax Year: 2018
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 29-31 Banks Road

DateEvent & SourcePriceAppreciation
Nov 19, 2018

Sold

MLS PIN #72395097

$575,000
Oct 6, 2018

Contingent

MLS PIN #72395097

Sep 13, 2018

Listed (Active)

MLS PIN #72395097

$569,000
DateEvent & SourcePrice
11/19/2018

Sold

MLS PIN #72395097

$575,000
10/06/2018

Contingent

MLS PIN #72395097

09/13/2018

Listed (Active)

MLS PIN #72395097

$569,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 29-31 Banks Road

Taxable ValueLand$344,700Additions$520,600Total$865,300
Tax Record2024$9,942 ($828 / month)
Home Facts
Baths3Total Finished SqFt3,191 SqFtAbove Grade Finished SqFt3,191 SqFtUnfinished Basement SqFt1,360 SqFtStories2Lot Size6,665 SqFtStyleDuplexYear Built1920ZoningA-2CountyESSEXAPNSWAM M:0016 B:0042 L:0

Schools near 29-31 Banks Road

This home is within Swampscott School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
Swampscott Middle School
Public5 to 8

Swampscott High School
Public9 to 12

Clarke Elementary School
PublicK to 4

Hadley Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 29-31 Banks Road, Swampscott, MA 01907
$575,000
7
3,191
6,678
3
3,191
6,678
2
2,628
5,171
$255,000
3
1.5
1,353
4,870
$375,000
5
2,074
6,141
3
1.5
1,157
8,102

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sagan Harborside Sotheby's International Realty, Lutts Oman Group; Sagan Harborside Sotheby's International Realty, Debra Oman; Sagan Harborside Sotheby's International Realty, Rachel Lutts

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.