NOT LISTED FOR SALE

2 Commercial St Unit 3 Marblehead, MA 01945

Estimated Value: $570,000 - $664,392

3 Beds
1 Bath
1,348 Sq Ft
$240/mo HOA Fee

Last Sold March 15, 2024

Last sale price $547,000 $406 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,019/month

3 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Jogging Path
  • Marblehead High School Rated A
  • Bonus Room
  • 4-minute walk to Seaside Park

About This Home

As of March 2024

OPEN HOUSE CANCELLED - OFFER ACCEPTED Charming condo centrally located in the Shipyard district. Easy access to the harbor, park, shopping, and restaurants. Top floor 2-level living drenched in sunlight. Gleaming hardwood floors and a fresh coat of paint throughout. First level features a bright living room, eat-in kitchen with stainless steel appliances, in unit washer dryer, primary and second bedrooms and full bath with jacuzzi tub. Top level features open airy 500 sqft of lofted space, great for additional bedrooms or home offices. New roof, gutters & flashing 2023, Hot water heater 2022, basement storage and 3 car tandem parking round out the property. Marblehead living at its best!

Last Agent to Sell the Property

Brooke Pickering

Lamacchia Realty, Inc. Listed on: 02/14/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1800

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,348 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Stone Wall
  • Property is near schools

Listing and Financial Details

  • Legal Lot and Block 3 / 0019
  • Assessor Parcel Number M:0115 B:0019 L:3,2023897

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units
  • Wilson's Barn Condo Association Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,374

Year Built

Built in 1800

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1800
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1.0%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Bonus Room
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Area: 210
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 143
  • Master Bathroom Features: No
  • Bathroom 1 Area: 88
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 66
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Recessed Lighting
  • Room Kitchen Area: 195
  • Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 196
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup
  • Basement: N
  • Living Area: 1348
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 355.34
  • PRICE PER Sq Ft: 405.79
  • MAIN SO: AN6181
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Porch, Rain Gutters, Stone Wall
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Hot Water, Oil, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 240
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association, No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0115 B:0019 L:3,2023897
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 414
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5374
  • Tax Block: 0019
  • Tax Book Number: 32795
  • Tax Lot: 3
  • Tax Map Number: 0115

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 14, 2024
Sold by
Bassion Realty Mgmt Llc
Bought by
Fabiano Michael and Trullo Kelsey M
Seller's Agent
Brooke Pickering
Lamacchia Realty, Inc.
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$479,000
Sold Price
$547,000
Premium/Discount to List
$68,000
14.2%
Views
56
Current Estimated Value
$614,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,098
Avg. Annual Appreciation
9.51%
Original Mortgage
$437,600
Outstanding Balance
$432,002
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,698

Purchase Details

Closed on
Aug 7, 2015
Sold by
Bassion Todd
Bought by
Bassion Realty Managem

Purchase Details

Closed on
May 28, 1993
Sold by
Ross Rosemary and Boroda Sanuel
Bought by
Welling Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fabiano Michael $547,000 None Available
Bassion Realty Managem -- --
Welling Ellen $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabiano Michael $437,600
Previous Owner Welling Ellen $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $547,000 +14.2% $406 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $479,000 0.0% $355 / Sq Ft
02/27/2015 02/27/15 Rented $1,975 0.0% --
01/28/2015 01/28/15 Under Contract -- -- --
01/09/2015 01/09/15 For Rent $1,975 -- --
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 $5,511 $608,900 $0 $608,900
2024 $5,513 $615,300 $0 $615,300
2023 $5,374 $537,400 $0 $537,400
2022 $5,418 $515,000 $0 $515,000
2021 $5,292 $507,900 $0 $507,900
2020 $5,189 $499,400 $0 $499,400
2019 $2,995 $278,900 $0 $278,900
2018 $3,073 $278,900 $0 $278,900
2017 $2,929 $266,000 $0 $266,000
2016 $2,691 $242,400 $0 $242,400
2015 $2,464 $222,400 $0 $222,400
2014 $2,575 $232,200 $0 $232,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73202435

MLS Property Information Network (MLS PIN)

APN: MARB-000115-000019-000003