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22 Banks Ter

Swampscott, MA 01907

3 bd 2 ba 2,164 sqft Built 1922 Lot 6,273 sqft single_family
Most recent sale
$895,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $895,000 MLS #72981526
May 13, 2022 Listed $799,900 MLS #72981526
Jan 31, 2005 Sold $409,000 MLS #70118231
Nov 17, 2004 Listed $420,000 MLS #70118231
Oct 29, 2002 Sold $416,000 Public Record
Jul 31, 1997 Sold $180,900 Public Record
Nov 8, 1991 Sold $176,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $456,100 $356,400 $812,500 $9,319
2024 $445,500 $339,000 $784,500 $9,014
2023 $406,100 $304,200 $710,300 $8,339
2022 $273,000 $260,800 $533,800 $6,849
2021 $247,000 $243,400 $490,400 $6,768
2020 $242,900 $217,300 $460,200 $6,581
2019 $242,900 $195,600 $438,500 $6,665
2018 $228,300 $178,200 $406,500 $6,504
2017 $212,300 $166,900 $379,200 $6,617
2016 $212,300 $166,900 $379,200 $6,572
2015 $212,300 $166,900 $379,200 $6,503
2014 $186,200 $139,100 $325,300 $6,083
2006 $210,800 $208,600 $419,400 $5,112
2005 $195,700 $208,600 $404,300 $4,565
2004 $197,000 $165,200 $362,200 $4,390
2003 $152,200 $122,600 $274,800 $3,715

Property facts

Year built
1922
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,164 sqft
Lot size
6,273 sqft
ZIP code
01907
City
Swampscott
Street
Banks Ter
Coordinates
42.47416, -70.91131

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,276
Gross rental yield
8.41%
Implied cap rate
5.47%
Trend-extrapolated value

Frequently asked questions

When did 22 Banks Ter last sell?
22 Banks Ter most recently sold on Jul 15, 2022 for $895,000.
What is the current tax assessment for 22 Banks Ter?
The most recent total assessment for 22 Banks Ter (year 2025) is $812,500 with $9,319 in property tax.
How does 22 Banks Ter's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $895,000.
When was 22 Banks Ter built?
22 Banks Ter was built in 1922.
How does 22 Banks Ter compare to others on Banks Ter?
We track 3 other properties on Banks Ter. Browse the list under "Other properties on Banks Ter" to compare beds, baths, and sale history.
What are the property facts for 22 Banks Ter?
22 Banks Ter is a 3 bed, 2 bath, 2,164 sqft, 6,273 sqft lot single_family.
Is 22 Banks Ter a flip candidate?
No — 22 Banks Ter does not appear in our flips dataset.
Is 22 Banks Ter a tax-appeal candidate?
No — 22 Banks Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q2
$1.01M
2026 Q3
$1.02M
ZIP 01907 — Median Price History + Forecast

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