NOT LISTED FOR SALE

127 Elm St Unit 129 Marblehead, MA 01945

Estimated Value: $721,000 - $951,000

6 Beds
2 Baths
2,369 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $345,000 $146 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,283/month

10 Days on Market

About This Home

As of December 2015

Great potential in this two-family home close to downtown. First floor is a 2-bedroom (plus office) garden-style apartment in good condition, separate heat, central air. Townhouse style apartment on the second and third floors has two/three bedrooms, needs lots of updating. Full basement, single car garage in rear. Separate heating systems (gas, hot water). This building appears to have been two townhouse style units at one time, each with 4 bedrooms (2 on the second floor and 2 on the third floor) . Both sets of stairs are intact. Possibility to convert back.

Last Agent to Sell the Property

Christine Cowden

Compass Listed on: 09/22/2015

Compass

Last Buyer's Agent

Matthew Newhall

Century 21 Tradition - Georgetown License #454004906

Century 21 Tradition - Georgetown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 18, 2015
Sold by
Porter Jean D
Bought by
Mcdonald Gregory G
Seller's Agent
Christine Cowden
Compass
Buyer's Agent
Matthew Newhall
Century 21 Tradition - Georgetown
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Total Days on Market
10
Current Estimated Value
$841,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,154
Avg. Annual Appreciation
9.32%
Original Mortgage
$276,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1997
Sold by
Porter Ft
Bought by
Porter Benjamin K and Porter Jean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1997
Sold by
A & M Rt
Bought by
Gale Richard and Tunstall Anne
Source: Public Records

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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
Mcdonald Gregory G $345,000 --
Porter Benjamin K $191,300 --
Porter Benjamin K $191,300 --
Gale Richard $215,000 --
Gale Richard $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Gregory G $324,500
Closed Mcdonald Gregory G $70,000
Closed Mcdonald Gregory G $276,000
Previous Owner Doucette Raymond E $184,000
Previous Owner Doucette Raymond E $3,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $345,000 -13.5% $146 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $399,000 -- $168 / 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 $6,749 $745,700 $521,100 $224,600
2024 $5,856 $653,600 $497,900 $155,700
2023 $6,220 $622,000 $474,800 $147,200
2022 $5,549 $527,500 $387,900 $139,600
2021 $5,316 $510,200 $370,600 $139,600
2020 $5,220 $502,400 $370,600 $131,800
2019 $5,022 $467,600 $335,800 $131,800
2018 $4,898 $444,500 $312,700 $131,800
2017 $4,511 $409,700 $277,900 $131,800
2016 $4,521 $407,300 $266,300 $141,000
2015 $4,296 $387,700 $254,800 $132,900
2014 $3,844 $346,600 $220,000 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71908272

MLS Property Information Network (MLS PIN)

APN: MARB-000134-000013