$265,000
SOLD SEP 21, 2012

1 Morgan Ln Marblehead, MA 01945

4 Beds
2 Baths
2,240 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

45% Below List Price

324 Days on Market

About This Home

As of April 2013

Approved Short Sale. Beautiful, large single family home on quiet dead-end street, with updated kitchens, new counter tops and new wood floors. This unique home has a separate in-law suite. Main living level dining room offers sliding glass door onto deck and fenced in yard with in-ground swimming pool. Walk to ocean/beach, with deeded beach rights. Convenient to parks, schools and downtown. Full walk-out 1120 sqft. basement. Significant mold like growth in basement.

Last Agent to Sell the Property

Thomas Cafarella

Cameron Real Estate Group Listed on: 11/02/2011

Cameron Real Estate Group

Last Buyer's Agent

Thomas Cafarella

Cameron Real Estate Group Listed on: 11/02/2011

Cameron Real Estate Group

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,913

Year Built

1971

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Private School, Public School
  • Electric: 200 Amps
  • Flooring: Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck, Patio, Inground Pool, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Hot Water: Oil
  • Water/Sewer: City/Town Water
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 16, 2013
Sold by
Ocean City Dev Llc
Bought by
Weed Steven and Weed Michele
Seller's Agent
Thomas Cafarella
Cameron Real Estate Group
Buyer's Agent
Stephanie Curran
William Raveis R.E. & Home Services
List Price
$474,900
Sold Price
$530,000
Premium/Discount to List
$55,100
11.6%
Current Estimated Value
$1,111,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,962
Avg. Annual Appreciation
6.13%
Original Mortgage
$465,750
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2011
Closed on
Sep 21, 2012
Sold by
Morgan Charles W and Morgan Pauline A
Bought by
Ocean City Dev Llc
Seller's Agent
Thomas Cafarella
Cameron Real Estate Group
Buyer's Agent
Thomas Cafarella
Cameron Real Estate Group
List Price
$480,000
Sold Price
$265,000
Premium/Discount to List
-$215,000
-44.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
237.38%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $530,000 --
Not Resolvable $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,750 Stand Alone Refi Refinance Of Original Loan
Closed $465,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $530,000 +11.6% $193 / Sq Ft
03/12/2013 03/12/13 For Sale $474,900 +79.2% $173 / Sq Ft
09/21/2012 09/21/12 Sold $265,000 -19.7% $118 / Sq Ft
04/14/2012 04/14/12 Price Changed $330,000 -7.0% $147 / Sq Ft
03/22/2012 03/22/12 Price Changed $355,000 -4.1% $158 / Sq Ft
03/19/2012 03/19/12 Price Changed $370,000 -5.1% $165 / Sq Ft
02/21/2012 02/21/12 Price Changed $390,000 -8.2% $174 / Sq Ft
02/10/2012 02/10/12 Price Changed $425,000 -5.6% $190 / Sq Ft
12/30/2011 12/30/11 Price Changed $450,000 -3.2% $201 / Sq Ft
11/19/2011 11/19/11 Price Changed $465,000 -3.1% $208 / Sq Ft
11/02/2011 11/02/11 For Sale $480,000 -- $214 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,913 $874,400 $495,100 $379,300
2024 $7,784 $868,700 $532,300 $336,400
2023 $7,338 $733,800 $464,200 $269,600
2022 $7,072 $672,200 $408,500 $263,700
2021 $6,834 $655,900 $396,100 $259,800
2020 $6,607 $635,900 $383,700 $252,200
2019 $6,456 $601,100 $359,000 $242,100
2018 $6,487 $588,700 $346,600 $242,100
2017 $6,073 $551,600 $309,500 $242,100
2016 $5,847 $526,800 $284,700 $242,100
2015 $5,468 $493,500 $272,300 $221,200
2014 $4,907 $442,500 $235,200 $207,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71307280

MLS Property Information Network (MLS PIN)

APN: MARB-000124-000026