NOT LISTED FOR SALE

27 Lincoln Ave Marblehead, MA 01945

Estimated Value: $787,000 - $891,000

5 Beds
2.5 Baths
2,267 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $705,000 $311 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,118/month

108 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Park
  • Marblehead High School Rated A
  • Tandem Parking
  • Laundry Room

About This Home

As of October 2022

JUST REDUCED! Great opportunity to own this spacious 2 family home close to Old Town and Marblehead's Downtown with access to shops, restaurants, theaters and public transportation. Both units have eat-in kitchens and wood flooring. This property has an open porch on1st & 2nd level and an oversized 2 car garage - with loft for extra storage.. Heat 3 yrs old and newer windows. Separate utilities.

Last Agent to Sell the Property

Kate Fabrizio

J. Barrett & Company Listed on: 04/27/2022

Last Buyer's Agent

Christine Tierney

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,827

Year Built

  • Built in 1900

Lot Details

  • 5,150 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,267 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near schools

Schools

  • Veterns Middle School
  • Marblehead High School

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $950
  • Rent includes unit 1(water), unit 2(none)
  • Assessor Parcel Number 2025904
  • Tax Block 0030

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,827

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Laminate, Unit 2(Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Country Kitchen), Unit 2(Ceiling Fans,Storage,Bathroom With Tub & Shower,Country Kitchen), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Walk-Out Access, Concrete
  • Living Area: 2267
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 308.73
  • PRICE PER Sq Ft: 310.98
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Rain Gutters, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 50
  • Patio And Porch Features: Deck - Roof
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Sessx
  • HEAT UNITS: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Park, Public School, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(None)

Lot Info

  • Parcel Number: 2025904
  • Zoning: U
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5150
  • Lot Size Units: Acres
  • PAGE: 309
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5827.24
  • Tax Block: 0030
  • Tax Book Number: 5547
  • Tax Map Number: 0146

Multi Family

  • Gross Income: 11400
  • Net Operating Income: 11400
  • Number Of Units Total: 2
  • Total Actual Rent: 950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Marblehead H.S.
  • Middle Or Junior School: Veterns Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Sep 29, 2022
Sold by
Moore Shirley P
Bought by
Krypel Amy and Krypel Scott
Seller's Agent
Kate Fabrizio
J. Barrett & Company
Buyer's Agent
Christine Tierney
Compass
List Price
$759,900
Sold Price
$705,000
Premium/Discount to List
-$54,900
-7.22%
Views
8
Current Estimated Value
$821,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,796
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Aug 1, 1968
Bought by
Moore Shirley P
Source: Public Records

Range of Values:

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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
Krypel Amy $705,000 None Available
Krypel Amy $705,000 None Available
Moore Shirley P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Shirley P $40,000
Previous Owner Moore Shirley P $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $705,000 +0.7% $311 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $699,900 -6.7% $309 / Sq Ft
07/06/2022 07/06/22 Price Changed $749,900 -1.3% $331 / Sq Ft
06/27/2022 06/27/22 For Sale $759,900 0.0% $335 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $759,900 -5.0% $335 / Sq Ft
04/27/2022 04/27/22 For Sale $799,900 -- $353 / 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 $6,845 $756,300 $519,900 $236,400
2024 $6,212 $693,300 $496,800 $196,500
2023 $6,859 $685,900 $473,700 $212,200
2022 $6,165 $586,000 $387,000 $199,000
2021 $5,926 $568,700 $369,700 $199,000
2020 $5,806 $558,800 $369,700 $189,100
2019 $5,629 $524,100 $335,000 $189,100
2018 $5,521 $501,000 $311,900 $189,100
2017 $5,135 $466,400 $277,300 $189,100
2016 $5,490 $494,600 $265,700 $228,900
2015 $5,357 $483,500 $254,200 $229,300
2014 $4,918 $443,500 $219,500 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72972437

MLS Property Information Network (MLS PIN)

APN: MARB-000146-000030