NOT LISTED FOR SALE

18 Guernsey St Marblehead, MA 01945

Estimated Value: $749,000 - $967,000

4 Beds
2 Baths
1,908 Sq Ft
$456/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $567,000 $297 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,234/month

4 Days on Market

About This Home

As of September 2017

Well located 2 family, walk to town, shops, restaurants, schools and bus. Ample on-site parking for 2 cars per unit. Spacious units and yard area. Each unit offers 2 good sized bedrooms with closets, expansive eat-in kitchen and large living/family room. Laundry in walk-out lower level that also offers good storage. Utilities have been updated....Burnham forced hot water by gas heating systems (individual to each unit) and separate gas hot water heaters. Individual circuit breaker panels. Common panel as well. 1st floor tenant would like to remain. TAW 30 day notice. 2nd floor unit is currently vacant. Unit 2 rent is projected at $1900 per month plus utilities. Solid updates throughout the property. Well cared for. Move in ready in low inventory market.

Last Agent to Sell the Property

Steven White

William Raveis R.E. & Home Services Listed on: 04/03/2017

William Raveis R.E. & Home Services

Last Buyer's Agent

Krista Finigan

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,216

Year Built

1975

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 1321
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Private School, Public School
  • Electric: Circuit Breakers, Individually Metered
  • Flooring: Tile, Hardwood
  • Basement: Full, Walk Out
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: M59500
  • Main So: K95001
  • Estimated Sq Ft: 1908.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Gutters
  • Foundation: Poured Concrete
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 240
  • Sewer: 1000

Condo/Co-op/Association

  • Total Units: 2

Schools

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

Lot Info

  • Assessor Parcel Number: 117 48A 0
  • Zoning: GR
  • Acre: 0.12
  • Lot Size: 5357.00

Multi Family

  • Expenses Year End: 12/16
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 3279
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Sep 14, 2017
Sold by
Gbm Properties Llc
Bought by
Rietti Francesco and Rietti Patricia M
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Krista Finigan
Coldwell Banker Realty - Marblehead
List Price
$540,000
Sold Price
$567,000
Premium/Discount to List
$27,000
5%
Current Estimated Value
$870,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,391
Avg. Annual Appreciation
5.45%
Original Mortgage
$425,250
Outstanding Balance
$355,400
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$514,991

Purchase Details

Closed on
May 6, 2016
Sold by
Donarumo Rt
Bought by
Gbm Properties Llc

Purchase Details

Closed on
Aug 12, 2008
Sold by
Donarumo Andrew C and Donarumo Deirdre E
Bought by
Donarumo Tr Deirdre

Purchase Details

Closed on
Aug 18, 1995
Sold by
Pilot Agnes
Bought by
Donarumo Andrew and Donarumo Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rietti Francesco $567,000 --
Gbm Properties Llc -- --
Gbm Properties Llc -- --
Gbm Properties Llc -- --
Gbm Properties Llc -- --
Donarumo Tr Deirdre -- --
Donarumo Tr Deirdre -- --
Donarumo Andrew $188,000 --
Donarumo Andrew $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rietti Francesco $425,250
Closed Rietti Francesco $425,250
Previous Owner Donarumo Andrew $83,000
Previous Owner Donarumo Andrew $131,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Sold $567,000 +5.0% $297 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $540,000 -- $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 $7,216 $797,400 $523,300 $274,100
2024 $6,243 $696,800 $500,100 $196,700
2023 $6,645 $664,500 $476,800 $187,700
2022 $5,983 $568,700 $389,600 $179,100
2021 $5,744 $551,200 $372,100 $179,100
2020 $5,640 $542,800 $372,100 $170,700
2019 $5,456 $508,000 $337,300 $170,700
2018 $5,160 $468,200 $314,000 $154,200
2017 $4,771 $433,300 $279,100 $154,200
2016 $4,558 $410,600 $267,500 $143,100
2015 $4,457 $402,300 $255,800 $146,500
2014 $4,039 $364,200 $221,000 $143,200
Source: Public Records

Agents Affiliated with this Home

  • Steven White

    Seller's Agent in 2017

    Steven White

    William Raveis R.E. & Home Services

    (781) 690-6433

    78 in this area

    105 Total Sales

    Steven White
    Section Image
  • Krista Finigan

    Buyer's Agent in 2017

    Krista Finigan

    Coldwell Banker Realty - Marblehead

    (781) 910-4332

    14 in this area

    14 Total Sales

    Krista Finigan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72139750

MLS Property Information Network (MLS PIN)

APN: MARB-000117-000048-A000000

Massachusetts Essex County Marblehead 01945

18 Guernsey St, Marblehead, MA

This home is located at 18 Guernsey St, Marblehead, MA 01945 since 03 April 2017 and is currently estimated at $870,391, approximately $456 per square foot. This property was built in 1975. 18 Guernsey St is a home located in Essex County with nearby schools including Marblehead High School, Marblehead Community Charter Public School, and Devereux School.

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