$525,000
SOLD JAN 23, 2018

159 Elm St Unit 2 Marblehead, MA 01945

3 Beds
2 Baths
1,732 Sq Ft
1700 Built

Recently Sold

$303 Per Sq Ft

1% Below List Price

35 Days on Market

About This Home

As of June 2025

Set back off of the road offering a bit of solitude and privacy, this wonderful antique townhouse offers the charm of the 1700's combined with the layout of its 1985 conversion and the upgrades that the present owner has completed over her 25 years of occupancy. Similar to a single family home, each of the two attached condominium townhouses have their own entry stairs and doors, separate yards, and designated parking spaces. The location is convenient to both sections of town - “old and new” - it's only steps to Starbucks ,the bus stop, stores, theaters, and great restaurants. The town bike trail and several conservation areas, are nearby as well. The first floor has a sun filled living room open to the kitchen and a separate dining room. The second floor has either two bedrooms or a bedroom and den with a shared bathroom (complete with laundry) and the third floor has a second master bedroom, private bath, walk in closet, and a deck overlooking the back yard and gardens.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 11/14/2017

Compass

Last Buyer's Agent

Mindy McMahon

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,921

Year Built

1700

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1700

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Insulation: Mixed
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Bedroom 3: Third Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Third Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • No Living Levels: 3
  • Main Lo: K95001
  • Main So: K95001

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Unit Features: Deck, Deck - Wood, Patio, Garden Area, Gutters, Stone Wall
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned, Stone/Gravel
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Association Fee Includes: N/A
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 2

Schools

  • Elementary School: Public/Private
  • Middle School: Public/Private
  • High School: Public

Lot Info

  • Zoning: SR
  • Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 27, 2025
Sold by
Roberts Madelyn P and Roberts Alexander
Bought by
Otcasek Derek and Otcasek Madison
Seller's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
Buyer's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
List Price
$785,000
Sold Price
$836,000
Premium/Discount to List
$51,000
6.5%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.36%

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 23, 2018
Sold by
Kelley Patricia A
Bought by
Harriman Madelyn
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
List Price
$528,000
Sold Price
$525,000
Premium/Discount to List
-$3,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$498,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Robinson Karen K and Kelley Patricia A
Bought by
Kelley Patricia A

Purchase Details

Closed on
May 27, 1992
Sold by
Rosen Mark A and Estey Paula
Bought by
Kelley Patricia A

Purchase Details

Closed on
Aug 1, 1988
Sold by
Cruse Stephen L
Bought by
Rosen Mark A
Source: Public Records

Similar Homes in Marblehead, MA

  • 8 Prospect St Unit 2, Marblehead, MA 01945

    $524,900

    • 2 Beds
    • 1 Bath
    • 1,055 Sq Ft
    • 8 Prospect St
    • Unit 2
    • Marblehead, MA

    Centrally located in seaside Marblehead, this top floor 2 bedroom, 1 full bath condo offers oodles of antique charm, gorgeous original wide plank flooring, and two fireplaces. Enjoy a well equipped stainless steel and granite kitchen, and the convenience of an adjacent laundry room. The tiled bathroom offers a tub/shower combination. A walk up attic, deeded to the unit, has the option of being

    Willis + Tierney Compass

    Section Image
  • 35 Commercial St Unit A, Marblehead, MA 01945

    $575,000

    • 2 Beds
    • 1.5 Baths
    • 1,014 Sq Ft
    • 35 Commercial St
    • Unit A
    • Marblehead, MA

    Make the Shipyard District your home. This turn-key 2 bedroom, 1.5 bath condo unit is perfect for an easy living lifestyle. The first floor offers an open-concept kitchen, 1/2 bath, and nicely-sized living room. The beautiful hardwood floors bring in the old with the new. Upstairs, you will find 2 bedrooms, a full, updated bathroom, laundry area, along with plenty of closets. Assigned parking

    Jacqueline Polimeni Coldwell Banker Realty - Marblehead

    Section Image
  • 95 Front St Unit 6, Marblehead, MA 01945

    $639,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 95 Front St
    • Unit 6
    • Marblehead, MA

    Unmatched harbor views and the best of Old Town Marblehead at your doorstep. This top-floor, completely remotely condo in a 7-unit, owner-occupied building offers breathtaking vistas of Marblehead Harbor, the lighthouse, and the Atlantic. The open concept living area features wood floors, space for dining and relaxing, and access to a private deck with some of the finest water views in town. The

    Haley Paster Scimone Sagan Harborside Sotheby's International Realty

    Section Image

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 $525,000 --
Deed -- --
Deed $180,000 --
Deed $242,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 Stand Alone Refi Refinance Of Original Loan
Closed $485,700 Stand Alone Refi Refinance Of Original Loan
Closed $498,750 New Conventional
Previous Owner $155,000 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $836,000 +6.5% $483 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $785,000 +49.5% $453 / Sq Ft
01/23/2018 01/23/18 Sold $525,000 -0.6% $303 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $528,000 0.0% $305 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $528,000 -- $305 / 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 $6,921 $764,700 $0 $764,700
2024 $6,851 $764,600 $0 $764,600
2023 $6,389 $638,900 $0 $638,900
2022 $6,132 $582,900 $0 $582,900
2021 $5,993 $575,100 $0 $575,100
2020 $5,171 $497,700 $0 $497,700
2019 $4,776 $444,700 $0 $444,700
2018 $4,288 $389,100 $0 $389,100
2017 $4,067 $369,400 $0 $369,400
2016 $3,775 $340,100 $0 $340,100
2015 $3,854 $347,800 $0 $347,800
2014 $3,697 $333,400 $0 $333,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72255542

MLS Property Information Network (MLS PIN)

APN: MARB-000128-000014-000002