NOT LISTED FOR SALE

2 Jersey St Marblehead, MA 01945

Estimated Value: $923,000 - $1,010,000

6 Beds
2 Baths
3,360 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $463,000 $138 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,933/month

93 Days on Market

About This Home

As of October 2014

Downtown location, good sized 2-family with two 3BR units, separate heat, and electricity. Four car parking. Coin-op washer/dryer. Small yard. Both units currently rented. Offered "as is." Photos are of the second floor unit. Common Hot Water, common water & sewer. Open House 6/29/14.

Last Agent to Sell the Property

Brian Skidmore

RE/MAX Beacon Listed on: 06/23/2014

RE/MAX Beacon

Last Buyer's Agent

Jean Guenette Kelly

NorthLight Homes License #449538640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,294

Year Built

1972

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Gentle Slope
  • Other Agent: 1.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
  • Electric: 110 Volts, Circuit Breakers, Other (See Remarks)
  • Basement: Partial, Concrete Floor

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Oct 24, 2014
Sold by
Bates Casey E and Bates Gregory R
Bought by
Occhiuto Theodore
Seller's Agent
Brian Skidmore
RE/MAX Beacon
Buyer's Agent
Jean Guenette Kelly
NorthLight Homes
List Price
$489,000
Sold Price
$463,000
Premium/Discount to List
-$26,000
-5.32%
Current Estimated Value
$979,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,044
Avg. Annual Appreciation
6.87%
Original Mortgage
$231,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bates Casey E and Bates Gregory R
Bought by
Bates Casey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,810
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2011
Sold by
Jersey Street Rt
Bought by
Bates Casey E and Bates Gregory R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,220
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2011
Sold by
Mellon Bank
Bought by
Jersey Street Rt

Purchase Details

Closed on
Jun 10, 2010
Sold by
Alberino James J and Bank Of New York Mello
Bought by
Bank Of New York Mello

Purchase Details

Closed on
Jun 5, 2003
Sold by
Schauer Rachel I and Schauer Cory B
Bought by
Alberino James J and Alberino June D

Purchase Details

Closed on
Dec 15, 1999
Sold by
S & R Rt
Bought by
Schauer Cory B and Schauer Rachel I
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
Occhiuto Theodore $463,000 --
Bates Casey E -- --
Bates Casey E $350,000 --
Jersey Street Rt $250,000 --
Bank Of New York Mello $327,375 --
Alberino James J $549,000 --
Schauer Cory B $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Occhiuto Theodore $368,000
Closed Occhiuto Theodore $231,500
Previous Owner Schauer Cory B $337,810
Previous Owner Schauer Cory B $325,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $463,000 -5.3% $138 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $489,000 -- $146 / 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 $7,294 $806,000 $486,900 $319,100
2024 $6,199 $691,800 $465,300 $226,500
2023 $6,603 $660,300 $443,600 $216,700
2022 $5,948 $565,400 $362,500 $202,900
2021 $5,722 $549,100 $346,200 $202,900
2020 $5,656 $544,400 $346,200 $198,200
2019 $5,499 $512,000 $313,800 $198,200
2018 $5,403 $490,300 $292,100 $198,200
2017 $5,041 $457,900 $259,700 $198,200
2016 $5,097 $459,200 $248,900 $210,300
2015 $4,770 $430,500 $238,000 $192,500
2014 -- $389,800 $205,600 $184,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71703714

MLS Property Information Network (MLS PIN)

APN: MARB-000117-000044-B000000