NOT LISTED FOR SALE

31 Prospect St Unit 1 Marblehead, MA 01945

Estimated Value: $382,880 - $479,000

1 Bed
1 Bath
775 Sq Ft
$225/mo HOA Fee

Last Sold January 15, 2019

Last sale price $293,500 $379 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,859/month

37 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Marblehead High School Rated A
  • Wood Flooring
  • 5-minute walk to Seaside Park

About This Home

As of January 2019

Iconic Victorian built in 1880 sitting high and proud. First level unit with private entrance and 2 car deeded parking on same level. True single level living with high ceilings, wood floors, white kitchen with granite and stainless, and vintage built in china cabinet. Updated white tile bath with linen closet. Gorgeous living room with decorative fireplace (non working), built in china cabinet, and hardwood floors. Spacious bedroom and separate office all with hardwood floors. Good closet space, extra storage in basement. Large mudroom entry way. Pet friendly and well run association. Lovely little patio area adjacent to unit and covered front porch. Walk to town restaurants and shops. Great pied a terre, downsizing, or first time buyer opportunity. Parking and access to unit off Rowland Street, driveway just after Rhodes School elderly housing.

Last Agent to Sell the Property

Jane Clayton

William Raveis R.E. & Home Services Listed on: 11/05/2018

William Raveis R.E. & Home Services

Last Buyer's Agent

Mary Stewart

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1880

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Mud Room
  • Home Office
  • Wood Flooring
  • Laundry in Basement

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Deeded Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Marblehead Elementary And Middle School
  • Marblehead High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4593618

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal
  • 5 Units
  • 31 Prospect Street Condominim Community

Amenities

  • Common Area
  • Shops
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,050

Year Built

Built in 1880

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Flooring - Hardwood
  • Interior Amenities: Closet, Office, Mud Room
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Hardwood
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Office Level: First
  • Room Office Features: Closet, Flooring - Hardwood
  • Living Area: 775
  • Stories Total: 1
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 400
  • PRICE PER Sq Ft: 378.71
  • MAIN SO: an6181

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Frame
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Storage
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4593618
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 173
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3050
  • Tax Book Number: 26086

Multi Family

  • Number Of Units Total: 5
  • NO UNITS OWNER OCC: 3

MLS Schools

  • High School: Marblehead
  • Elementary School: Marblehead
  • Middle Or Junior School: Marblehead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 10, 2019
Sold by
Commendatore Lisa
Bought by
Cwt Rt
Seller's Agent
Jane Clayton
William Raveis R.E. & Home Services
Buyer's Agent
Mary Stewart
Compass
List Price
$325,000
Sold Price
$293,500
Premium/Discount to List
-$31,500
-9.69%
Total Days on Market
37
Current Estimated Value
$425,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,970
Avg. Annual Appreciation
5.09%
Original Mortgage
$234,800
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2006
Sold by
Minidis Craig
Bought by
Commendatore Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2005
Sold by
Popadic Mark and Popadic Rachel
Bought by
Minidis Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cwt Rt $293,500 None Available
Commendatore Lisa $254,000 --
Minidis Craig $241,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cwt Rt $232,000
Closed Cwt Rt $234,800
Previous Owner Minidis Craig $203,200
Previous Owner Minidis Craig $50,800
Previous Owner Minidis Craig $192,800
Previous Owner Minidis Craig $48,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $293,500 -5.3% $379 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/19/2018 11/19/18 Price Changed $310,000 -4.6% $400 / Sq Ft
11/05/2018 11/05/18 For Sale $325,000 -- $419 / 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 $2,955 $326,500 $0 $326,500
2024 $2,873 $320,700 $0 $320,700
2023 $3,034 $303,400 $0 $303,400
2022 $3,034 $288,400 $0 $288,400
2021 $2,967 $284,700 $0 $284,700
2020 $3,088 $297,200 $0 $297,200
2019 $2,975 $277,000 $0 $277,000
2018 $3,053 $277,000 $0 $277,000
2017 $2,811 $255,300 $0 $255,300
2016 $2,875 $259,000 $0 $259,000
2015 $2,695 $243,200 $0 $243,200
2014 $2,586 $233,200 $0 $233,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72420016

MLS Property Information Network (MLS PIN)

APN: MARB-000110-000060-000001