NOT LISTED FOR SALE

20 Prospect St Marblehead, MA 01945

Estimated Value: $903,000 - $997,000

2 Beds
1.5 Baths
1,283 Sq Ft
$737/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $960,000 $748 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,614/month

82 Days on Market

Highlights

  • Guest House
  • Covered Deck
  • Wood Flooring
  • Marblehead High School Rated A
  • Antique Architecture
  • 5-minute walk to Hammond Park

About This Home

As of September 2024

OH MONDAY AUG 5, 12-1:30p & 4p - 6p! Located in downtown Marblehead & all this seaside town has to offer right outside your doorstep, this perfect home is the epitome of easy living! Fully renovated down to the studs, this coastal home is completely turn key. Step right into a prosperous CASH COW investment opportunity grossing over $90,000 for 2023 and boasting a top 5% of all Airbnb homes ranking.The first floor consists of a lovely living room with wet bar, half bath and spotless eat-in kitchen with gas cooking, stainless steel appliances & quartz countertops. Take your dining to the covered deck that overlooks a lovely backyard. Upstairs is the primary suite with built-ins & a beautiful full bathroom. Also on this floor is another bedroom area & laundry. The lowest level is a walkout & features a fireplaced family room. There is an additional building that could be another sleeping space or home office. Central heat and air-conditioning, fully fenced in yard & off-street parking!

Last Agent to Sell the Property

Willis + Tierney

Compass Listed on: 05/16/2024

Compass

Co-Listed By

Christine Tierney

Compass

Last Buyer's Agent

Lindsey McCarthy

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1858

Lot Details

  • 2,250 Sq Ft Lot
  • Fenced Yard
  • Garden
  • Property is zoned One Fam

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,283 Sq Ft Home
  • Wet Bar
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 1 Car Parking Space
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2023891

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,291

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Antique
  • Year Built: 1858
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Home Office-Separate Entry, Wet Bar
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Family Room Level: Basement
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, Electric Dryer Hookup
  • Room Living Room Level: First
  • Room Office Level: First
  • Basement: Finished, Walk-Out Access, Interior Entry
  • Accessibility Features: No
  • Living Area: 1283
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Deck, Patio, Covered Patio/Deck, Fenced Yard, Garden, Guest House
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2023891
  • Zoning: One Fam
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2250
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6291

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Sep 10, 2024
Sold by
Lester Kevin and Lester Meredith
Bought by
Serafin Brian and Serafin Lindsey
Seller's Agent
Willis + Tierney
Compass
Buyer's Agent
Lindsey McCarthy
Coldwell Banker Realty - Marblehead
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Views
55
Current Estimated Value
$946,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,982
Avg. Annual Appreciation
-1.17%
Original Mortgage
$672,000
Outstanding Balance
$663,645
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,373

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 1, 2023
Sold by
S & S Realty Invs Llc
Bought by
Lester Kevin and Lester Meredith
Seller's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Willis + Tierney
Compass
List Price
$875,000
Sold Price
$975,000
Premium/Discount to List
$100,000
11.43%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.49%
Original Mortgage
$682,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 30, 2022
Sold by
Cushman Cecily N and Koopman Benjamin D
Bought by
S & S Realty Invs Llc
Seller's Agent
Traci Howe
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$679,000
Sold Price
$750,000
Premium/Discount to List
$71,000
10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%
Original Mortgage
$562,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2019
Sold by
Slocum Cottage Rt
Bought by
Cushman Cecily N

Purchase Details

Closed on
Oct 23, 2008
Sold by
Zarelli Deborah M and Zarelli Robert A
Bought by
Slocum Cottage Rt

Purchase Details

Closed on
May 1, 2003
Sold by
Jones Christie Ann and Jones Stephen D
Bought by
Zarelli Robert A and Zarelli Deborah M

Purchase Details

Closed on
Oct 17, 2000
Sold by
Reed Janice L
Bought by
Jones Stephen D and Jones Christie Ann

Purchase Details

Closed on
May 29, 1998
Sold by
Nazzaro Carl L and Mcclorey Sheila A
Bought by
Reed Janice L

Purchase Details

Closed on
Dec 30, 1992
Sold by
Crespi Charles L and Crespi Dorothy
Bought by
Nazzaro Carl L and Mcclorey Sheila
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Serafin Brian $960,000 None Available
Lester Kevin $975,000 None Available
S & S Realty Invs Llc $750,000 None Available
Cushman Cecily N $435,000 --
Cushman Cecily N $435,000 --
Slocum Cottage Rt -- --
Zarelli Robert A $279,000 --
Jones Stephen D $190,500 --
Reed Janice L $155,000 --
Nazzaro Carl L $127,000 --
Slocum Cottage Rt -- --
Zarelli Robert A $279,000 --
Jones Stephen D $190,500 --
Reed Janice L $155,000 --
Nazzaro Carl L $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serafin Brian $672,000
Previous Owner Lester Kevin $682,500
Previous Owner S & S Realty Invs Llc $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $960,000 -3.9% $748 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $999,000 +4.1% $779 / Sq Ft
05/26/2024 05/26/24 Off Market $960,000 -- --
05/16/2024 05/16/24 For Sale $1,100,000 +12.8% $857 / Sq Ft
09/01/2023 09/01/23 Sold $975,000 +11.4% $821 / Sq Ft View Prior Sale
07/24/2023 07/24/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $875,000 +16.7% $737 / Sq Ft
06/30/2022 06/30/22 Sold $750,000 +10.5% $632 / Sq Ft View Prior Sale
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $679,000 -- $572 / 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 $7,840 $866,300 $474,200 $392,100
2024 $6,291 $702,100 $516,300 $185,800
2023 $5,566 $556,600 $400,400 $156,200
2022 $5,210 $495,200 $342,500 $152,700
2021 $4,766 $457,400 $305,600 $151,800
2020 $4,663 $448,800 $347,700 $101,100
2019 $4,254 $396,100 $295,000 $101,100
2018 $4,249 $385,600 $284,500 $101,100
2017 $4,013 $364,500 $263,400 $101,100
2016 $3,813 $343,500 $242,400 $101,100
2015 $3,876 $349,800 $231,800 $118,000
2014 $3,468 $312,700 $210,700 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239503

MLS Property Information Network (MLS PIN)

APN: MARB-000115-000015