NOT LISTED FOR SALE

2 Cypress St Marblehead, MA 01945

Estimated Value: $1,163,000 - $1,333,587

5 Beds
3 Baths
2,592 Sq Ft
$490/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $637,000 $246 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,565/month

85 Days on Market

About This Home

As of February 2014

Don't miss the opportunity to own this 4/5 bedroom center entrance colonial - a delightful mix of traditional charm and detail combined with modern renovation. Carpentry or painting has changed every room and the kitchen and two of the bathrooms have been renovated. The 1920's ceilings are in excess of 8 feet and the oversized windows (with new storm windows) let in a generous amount of sunlight. Located on a corner lot close to the Glover School district. This home offers many amenities that should be seen.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 12/03/2013

Compass

Last Buyer's Agent

Maggie Slavet

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,948

Year Built

1929

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Mixed
  • Interior Amenities: French Doors
  • Basement: Full, Walk Out, Interior Access, Garage Access, Concrete Floor
  • Bedroom 2: Second Floor, 11X13
  • Bedroom 3: Second Floor, 10X12
  • Bedroom 4: Second Floor, 12X12
  • Bedroom 5: Third Floor, 12X17
  • Bathroom #1: First Floor, 4X5
  • Bathroom #2: Second Floor, 8X8
  • Bathroom #3: Third Floor, 3X7
  • Kitchen: First Floor, 12X16
  • Laundry Room: Basement
  • Living Room: First Floor, 13X23
  • Master Bedroom: Second Floor, 11X13
  • Master Bedroom Description: Closet, Flooring - Wood
  • Dining Room: First Floor, 12X13
  • Family Room: Third Floor, 19X21

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Deck, Patio, Invisible Fence, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Under
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 28, 2014
Sold by
Nicosia Joseph and Nicosia Jennifer
Bought by
Hayes Ryan M and Hayes Amanda T
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Maggie Slavet
RE/MAX Beacon
List Price
$674,500
Sold Price
$637,000
Premium/Discount to List
-$37,500
-5.56%
Current Estimated Value
$1,270,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,397
Avg. Annual Appreciation
6.45%
Original Mortgage
$470,350
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2008
Sold by
Marrs Tr Diane K and Marrs Richard P
Bought by
Nicosia Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.17%
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
Hayes Ryan M $637,000 --
Nicosia Joseph $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Ryan M $470,350
Previous Owner Nicosia Joseph $363,000
Previous Owner Nicosia Joseph $380,000
Previous Owner Nicosia Joseph $75,000
Previous Owner Nicosia Joseph $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $637,000 0.0% $246 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
01/15/2014 01/15/14 Off Market $637,000 -- --
12/03/2013 12/03/13 For Sale $674,500 -- $260 / 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 $9,948 $1,099,200 $588,400 $510,800
2024 $9,701 $1,082,700 $588,400 $494,300
2023 $9,316 $931,600 $536,100 $395,500
2022 $9,164 $871,100 $483,800 $387,300
2021 $8,611 $826,400 $444,600 $381,800
2020 $8,366 $805,200 $444,600 $360,600
2019 $8,079 $752,200 $405,300 $346,900
2018 $8,002 $726,100 $379,200 $346,900
2017 $7,706 $699,900 $353,000 $346,900
2016 $7,415 $668,000 $326,900 $341,100
2015 $6,469 $583,800 $300,700 $283,100
2014 $5,851 $527,600 $274,600 $253,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71613308

MLS Property Information Network (MLS PIN)

APN: MARB-000040-000016