NOT LISTED FOR SALE

140 Elm St Unit 6 Marblehead, MA 01945

Estimated Value: $574,000 - $635,000

2 Beds
2 Baths
1,200 Sq Ft
$312/mo HOA Fee

Last Sold October 26, 2021

Last sale price $525,000 $438 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,926/month

11 Days on Market

About This Home

As of October 2021

Rare opportunity!! Dramatic loft-style duplex with two bedrooms plus lofted bonus room , two and a half baths and soaring ceilings in the historic Story School Condominium Complex! The 2017 renovation of this pristine, turn-key home features custom cabinets, luxury level appliances including Fisher-Paykel, Bosch and the most current finishes and fixtures in the bathrooms.The skylights and the huge windows allow for great natural sunlight throughout the unit creating an airy and open feel and allowing for wonderful views of the huge common garden areas. There is a washer and dryer in the unit, abundant closet and storage space and beautiful hardwood floors in the living area and bedrooms. Two parking spaces are included with this fabulous home ,located on the cusp of Old Town close to shopping, public transportation, the cultural and historic amenities of the town and the beautiful Marblehead waterfront and beaches!

Last Agent to Sell the Property

Joanna Hochman

Gibson Sotheby's International Realty Listed on: 09/09/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Lubeck Rausch Team

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,921

Year Built

  • 1900

HOA Fees

  • $312 per month

Community Details

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,921

Year Built

1900

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Directions: GPS
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Loft, Duplex
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater
  • Entry Location: Unit Placement(Upper)
  • Master Bathroom Features: No
  • MAIN LO: BB5918
  • MAIN SO: M59500
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet
  • Stories: 2

Exterior Features

  • Exterior Features: Garden, Professional Landscaping
  • Common Walls: Corner
  • Construction Type: Brick
  • Waterfront Features: Beach Front, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - Off Site
  • Association Fee: 312.05
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, House of Worship, Public School
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: R

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 4240.94
  • Tax Book Number: 35900
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 26, 2021
Sold by
Jane A Nussbaum Ret 2020
Bought by
Sheridan Katherine
Seller's Agent
Joanna Hochman
Gibson Sotheby's International Realty
Buyer's Agent
Lubeck Rausch Team
William Raveis R.E. & Home Services
Sold Price
$525,000
Current Estimated Value
$608,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,590
Avg. Annual Appreciation
3.68%
Original Mortgage
$420,000
Outstanding Balance
$383,831
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,759

Purchase Details

Closed on
Jul 10, 2020
Sold by
Nussbaum Jane A
Bought by
Jane A Nussbaum Ret

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 17, 2016
Sold by
Page Carolan E
Bought by
Nussbaum Jane A
Seller's Agent
Lynne Breed
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Joanna Hochman
Gibson Sotheby's International Realty
List Price
$345,000
Sold Price
$375,000
Premium/Discount to List
$30,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Listed on
Sep 22, 2013
Closed on
Oct 30, 2013
Sold by
Rosen Gayle
Bought by
Page Carolan E
Seller's Agent
Brian Skidmore
RE/MAX Beacon
Buyer's Agent
Lynne Breed
Sagan Harborside Sotheby's International Realty
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$236,250
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1992
Sold by
Baybank
Bought by
Rosen Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1992
Sold by
Murtha John D
Bought by
Baybank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheridan Katherine $525,000 None Available
Jane A Nussbaum Ret -- None Available
Nussbaum Jane A $375,000 --
Page Carolan E $315,000 --
Rosen Gayle $139,900 --
Baybank $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheridan Katherine $420,000
Previous Owner Page Carolan E $236,250
Previous Owner Baybank $135,000
Previous Owner Baybank $124,900
Previous Owner Baybank $125,900
Previous Owner Baybank $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $525,000 +5.0% $438 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/13/2021 09/13/21 For Sale -- -- --
09/09/2021 09/09/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $499,999 +33.3% $417 / Sq Ft
06/17/2016 06/17/16 Sold $375,000 +8.7% $313 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $345,000 +9.5% $288 / Sq Ft
10/30/2013 10/30/13 Sold $315,000 0.0% $263 / Sq Ft View Prior Sale
10/16/2013 10/16/13 Pending -- -- --
10/04/2013 10/04/13 Off Market $315,000 -- --
09/22/2013 09/22/13 For Sale $339,000 -- $283 / 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 $4,921 $543,800 $0 $543,800
2024 $4,842 $540,400 $0 $540,400
2023 $5,056 $505,600 $0 $505,600
2022 $4,431 $421,200 $0 $421,200
2021 $4,241 $407,000 $0 $407,000
2020 $3,887 $374,100 $0 $374,100
2019 $3,866 $360,000 $0 $360,000
2018 $3,967 $360,000 $0 $360,000
2017 $3,361 $305,300 $0 $305,300
2016 $3,389 $305,300 $0 $305,300
2015 $3,324 $300,000 $0 $300,000
2014 $2,969 $267,700 $0 $267,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72892194

MLS Property Information Network (MLS PIN)

APN: MARB-000128-000028-000006