Lisa Licata-Schepici
Responds Quickly
L.L.S. Realty LLC
(351) 666-4792
60 Total Sales
1 in Marblehead
$430,000 Price
160 Washington St Marblehead, MA 01945
Marblehead AreaEstimated Value: $798,445
3
Beds
2
Baths
1,918
Sq Ft
$416/Sq Ft
Est. Value
About This Home
As of September 2016This is a rare and unique opportunity to own a classic "Old Town" building with retail space and a 2+BR residential unit on the second and third floor. This building is well maintained, recently renovated, and fully rented. The building currently produces a Net Annual Income of $29,800 and a Cap rate of 6% with opportunities to enhance rental income this fall. Excellent investment opportunity. Financials available upon request.
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Property Details
Home Type
Multi-Family
Year Built
1710
Lot Details
871 Sq Ft Lot
Listing Details
- Lot Description: Other (See Remarks)
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Unknown
- Insc: 1950
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1710
Interior Features
- Has Basement: Yes
- Number of Rooms: 5
- Electric: Circuit Breakers
- Basement: Partial
- Total Levels: 3
Exterior Features
- Foundation: Fieldstone
- Beach: Harbor
- Beach Ownership: Public
Garage/Parking
- Parking: Rented
- Parking Spaces: 1
Utilities
- Heat Zones: 2
- Hot Water: Oil
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Assessor Parcel Number: M:0133 B:0006 L:0
- Zoning: CR
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/15
- Foundation: 000
- Heat Units: 1
- Total Bedrooms: 3
- Total Floors: 3
- Total Full Baths: 1
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 5
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2016
Closed on
Sep 19, 2016
Sold by
Bought by
Seller's Agent
Team Harborside
Buyer's Agent
Tim Dittrich
The Agency Marblehead
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,445
Avg. Annual Appreciation
5.98%
Purchase Details
Closed on
Sep 26, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 28, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marblehead, MA
-
Lisa Licata-Schepici
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
1 in Marblehead
$720,000 Price
-
Justin Blankenship
Justin Blankenship
Fiv Realty Co
(781) 417-3370
64 Total Sales
1 in Marblehead
$885,000 Price
-
Mostafa Elbadaoui
Mostafa Elbadaoui
United Brokers
(857) 305-4613
41 Total Sales
1 in Marblehead
$710,000 Price
-
David Leone
David Leone
Gibson Sotheby's International Realty
(781) 404-3597
29 Total Sales
1 in Marblehead
$840,000 Price
-
North Shore and More Team
North Shore and More Team
eXp Realty LLC - Corporate Office
(339) 444-2882
35 Total Sales
4 in Marblehead
$318K - $1.7M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | -- | ||
| $570,500 | -- | ||
| $300,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $344,000 | ||
| Previous Owner | $52,000 | ||
| Previous Owner | $120,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2016 09/19/16 | Sold | $450,000 | -5.2% | $235 / Sq Ft |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $474,900 | -- | $248 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,037 | $556,600 | $348,600 | $208,000 |
| 2024 | $4,874 | $544,000 | $336,000 | $208,000 |
| 2023 | $4,719 | $471,900 | $289,800 | $182,100 |
| 2022 | $4,788 | $455,100 | $273,000 | $182,100 |
| 2021 | $4,523 | $434,100 | $252,000 | $182,100 |
| 2020 | $4,641 | $446,700 | $264,600 | $182,100 |
| 2019 | $4,553 | $423,900 | $252,000 | $171,900 |
| 2018 | $5,026 | $456,100 | $235,200 | $220,900 |
| 2017 | $5,956 | $541,000 | $226,800 | $314,200 |
| 2016 | $6,005 | $541,000 | $226,800 | $314,200 |
| 2015 | $5,824 | $525,600 | $226,800 | $298,800 |
| 2014 | $5,658 | $510,200 | $226,800 | $283,400 |
Source: Public Records
Agents Affiliated with this Home
-
Team Harborside
T
Seller's Agent in 2016
Team Harborside
(617) 816-1909
126 Total Sales
-
Tim Dittrich
T
Buyer's Agent in 2016
Tim Dittrich
The Agency Marblehead
(781) 248-3836
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72028148
APN: MARB-000133-000006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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