NOT LISTED FOR SALE

218 Washington St Unit 2 Marblehead, MA 01945

Estimated Value: $242,000 - $453,000

1 Bed
1 Bath
402 Sq Ft
1742 Built

Last Sold June 30, 2016

Last sale price $145,000 $361 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,807/month

223 Days on Market

About This Home

As of June 2016

Your pied-à-terre by the ocean. An adorable studio condo right in the heart of historic Marblehead. Once the residence of Captain Ben Andrews, the Master of the Revolutionary War schooner USS Hannah, this attractive brick building has bore witness to American life since c.1746. Attractive and practical as it is currently, a smart renovation could take full advantage of the high ceiling and plentiful light from the 3 large windows. Sited near Abbot Hall, this property provides an excellent starting point to explore the boutiques, restaurants, coffee shops, yacht clubs, and harbor side parks of this charming waterfront town. **Currently rented, 24hr notice needed for all showings. New roof 2013. Rented parking available.**

Last Agent to Sell the Property

Brian Skidmore

RE/MAX Beacon Listed on: 07/14/2015

RE/MAX Beacon

Last Buyer's Agent

Amanda Brawley

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,947

Year Built

1742

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1742

Interior Features

  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 1
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School
  • Electric: 110 Volts, Circuit Breakers
  • Flooring: Marble
  • Interior Amenities: Cable Available
  • No Living Levels: 1

Exterior Features

  • Beach Ownership: Public

Garage/Parking

  • Parking: Rented
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Electric Baseboard
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Hannah Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 8
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: CR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jun 30, 2016
Sold by
Broumand Sharzad
Bought by
Roberts Anna
Seller's Agent
Brian Skidmore
RE/MAX Beacon
Buyer's Agent
Amanda Brawley
RE/MAX Beacon
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$313,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,710
Avg. Annual Appreciation
8.51%
Original Mortgage
$116,000
Outstanding Balance
$92,603
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$221,107

Purchase Details

Closed on
Feb 26, 2004
Sold by
Newhall Suzanne S and Newhall William F
Bought by
Broumand Sharzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1996
Sold by
Kelleher Mary B
Bought by
Newhall Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1993
Sold by
Mclaughlin John F
Bought by
Blangeard Catherine O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roberts Anna $145,000 --
Broumand Sharzad $115,000 --
Newhall Suzanne $40,000 --
Blangeard Catherine O $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Anna $116,000
Previous Owner Blangeard Catherine O $99,800
Previous Owner Blangeard Catherine O $97,750
Previous Owner Blangeard Catherine O $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $145,000 -2.7% $361 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $149,000 +2.8% $371 / Sq Ft
09/15/2015 09/15/15 Off Market $145,000 -- --
07/14/2015 07/14/15 For Sale $149,000 -- $371 / 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 $1,947 $215,100 $0 $215,100
2024 $1,917 $213,900 $0 $213,900
2023 $1,930 $193,000 $0 $193,000
2022 $1,792 $170,300 $0 $170,300
2021 $1,763 $169,200 $0 $169,200
2020 $1,562 $150,300 $0 $150,300
2019 $1,559 $145,200 $0 $145,200
2018 $1,546 $140,300 $0 $140,300
2017 $1,178 $107,000 $0 $107,000
2016 $1,188 $107,000 $0 $107,000
2015 $1,238 $111,700 $0 $111,700
2014 $1,211 $109,200 $0 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71873203

MLS Property Information Network (MLS PIN)

APN: MARB-000129-000086-000002