NOT LISTED FOR SALE

12 Old Salem Rd Marblehead, MA 01945

Estimated Value: $1,133,000 - $1,351,000

4 Beds
2 Baths
2,385 Sq Ft
$514/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $525,000 $220 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $7,301/month

52 Days on Market

Highlights

  • Waterfront
  • 0.38 Acre Lot
  • Deck
  • Marblehead High School Rated A
  • Cape Cod Architecture
  • 2-minute walk to Forest River Trails

About This Home

As of October 2015

Classic expanded New England Cape with loads of curb appeal. Built in 1926 with hardwood floors, crown moldings, fireplace living room. Spacious family room addition off the back with french doors to large (16,700 sq.ft. flat lot). Desirable neighborhood. Unique opportunity to renovate to your own design.

Last Agent to Sell the Property

Jane Clayton

William Raveis R.E. & Home Services Listed on: 08/04/2015

William Raveis R.E. & Home Services

Last Buyer's Agent

Janice Sullivan

LAER Realty Partners

LAER Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 1926

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Level Lot
  • Property is zoned SR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Deeded Parking

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,385 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Den

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Marblehead Elementary And Middle School
  • Marblehead High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2021074

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,985

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1926
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Flooring - Hardwood
  • Interior Amenities: Closet, Den
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer,Range Hood, Water Heater(Separate Booster), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet, Balcony - Interior
  • Room Bedroom3 Area: 130
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 120
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 196
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 121
  • Room Family Room Level: First
  • Room Family Room Features: Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access
  • Room Family Room Area: 506
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Breakfast Bar / Nook, Exterior Access, Peninsula
  • Room Kitchen Area: 121
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 195
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Partially Finished, Interior Entry, Bulkhead
  • Accessibility Features: No
  • Living Area: 2385
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 251.15
  • PRICE PER Sq Ft: 220.13
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 126
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Paved Drive, Deeded, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2021074
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16552.8
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 16727
  • PAGE: 89

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5985
  • Tax Book Number: 6698

MLS Schools

  • High School: Marblehead
  • Elementary School: Marblehead
  • Middle Or Junior School: Marblehead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Oct 5, 2015
Sold by
Est Fowler John T and Fowler Darcy
Bought by
Kennedy Glenn J and Shepard Karen A
Seller's Agent
Jane Clayton
William Raveis R.E. & Home Services
Buyer's Agent
Janice Sullivan
LAER Realty Partners
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Current Estimated Value
$1,226,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,216
Avg. Annual Appreciation
8.84%
Original Mortgage
$472,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy Glenn J $525,000 --
Kennedy Glenn J $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kennedy Glenn J $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $525,000 0.0% $220 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
08/20/2015 08/20/15 Off Market $525,000 -- --
08/04/2015 08/04/15 For Sale $599,000 -- $251 / 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 $9,594 $1,060,100 $623,900 $436,200
2024 $8,491 $947,700 $655,100 $292,600
2023 $10,494 $1,049,400 $733,100 $316,300
2022 $9,371 $890,800 $577,100 $313,700
2021 $8,957 $859,600 $545,900 $313,700
2020 $8,471 $815,300 $545,900 $269,400
2019 $8,058 $750,300 $483,500 $266,800
2018 $7,842 $711,600 $452,300 $259,300
2017 $7,129 $647,500 $421,100 $226,400
2016 $6,098 $549,400 $389,900 $159,500
2015 $5,970 $538,800 $389,900 $148,900
2014 $5,777 $520,900 $374,300 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71883928

MLS Property Information Network (MLS PIN)

APN: MARB-000034-000033