NOT LISTED FOR SALE

26 Summer St Unit 1 Marblehead, MA 01945

Estimated Value: $280,000 - $467,000

1 Bed
1 Bath
455 Sq Ft
1870 Built

Last Sold December 19, 2016

Last sale price $165,000 $363 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,129/month

16 Days on Market

About This Home

As of December 2016

Located in the heart of Marblehead's historic old town and just steps away from the Boston Yacht Club, shops, and many restaurants. This one bedroom condo has been well taken care of and is in move-in condition with hardwood floors, significant closet space and a brand new heating system. In addition, there is a common laundry facility in the building, bike storage on level, additional storage in the attic, and two deeded parking space for the building. This harbor town is delightful and offers excellent school systems, sports, activities and is only short commute to Boston.

Last Listed By

Laurie Hamilton

RE/MAX Innovative Properties Listed on: 10/05/2016

RE/MAX Innovative Properties

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,215

Year Built

1870

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Appliances: Wall Oven, Dishwasher, Microwave, Refrigerator
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Beach Ownership: Public

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 26 Summer Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Snow Removal, Extra Storage, Garden Area
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 12
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Gerry/Coffin
  • Middle School: Village/Vet
  • High School: Marblehead

Lot Info

  • Assessor Parcel Number: M:0133 B:0031 L:1
  • Zoning: CR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Dec 20, 2016
Sold by
Steen Harford K
Bought by
Smith Kyle S and Smith Rachel R
Seller's Agent
Laurie Hamilton
RE/MAX Innovative Properties
Buyer's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Total Days on Market
16
Current Estimated Value
$347,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,155
Avg. Annual Appreciation
11.18%
Original Mortgage
$156,750
Outstanding Balance
$128,960
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$274,741

Purchase Details

Closed on
Jul 28, 2011
Sold by
Convincer Four Seasons
Bought by
Steen Harford K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2011
Sold by
Convicer Evelyn X
Bought by
Convicer Four Seasons

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2007
Sold by
Convicer Evelyn
Bought by
Convicer Evelyn

Purchase Details

Closed on
Sep 28, 2007
Sold by
Ludwig Susan J
Bought by
Convincer Evelyn

Purchase Details

Closed on
Jan 29, 2002
Sold by
Francoeur David A and Gomberg Warren
Bought by
Ludwig Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1995
Sold by
Burke Elizabeth M
Bought by
Francoeur David A

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
Smith Kyle S $165,000 --
Steen Harford K $125,000 --
Convicer Four Seasons -- --
Convicer Evelyn -- --
Convincer Evelyn $176,000 --
Ludwig Susan J $155,000 --
Francoeur David A $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kyle S $156,750
Previous Owner Francoeur David A $100,000
Previous Owner Convicer Four Seasons $90,000
Previous Owner Francoeur David A $105,000
Previous Owner Francoeur David A $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $165,000 -8.3% $363 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $179,900 -- $395 / 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 $2,215 $244,700 $0 $244,700
2024 $2,184 $243,700 $0 $243,700
2023 $2,164 $216,400 $0 $216,400
2022 $2,018 $191,800 $0 $191,800
2021 $1,945 $186,700 $0 $186,700
2020 $1,883 $181,200 $0 $181,200
2019 $1,544 $143,800 $0 $143,800
2018 $1,646 $149,400 $0 $149,400
2017 $1,340 $121,700 $0 $121,700
2016 $1,413 $127,300 $0 $127,300
2015 $1,525 $137,600 $0 $137,600
2014 $1,369 $123,400 $0 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72077494

MLS Property Information Network (MLS PIN)

APN: MARB-000133-000031-000001