NOT LISTED FOR SALE

31 Summer St Marblehead, MA 01945

Estimated Value: $653,123 - $932,000

2 Beds
1 Bath
924 Sq Ft
$887/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $480,000 $519 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,112/month

12 Days on Market

Highlights

  • Waterfront
  • Cape Cod Architecture
  • Property is near public transit
  • Marblehead High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2015

Charming 2 bedroom Cape with wonderful views of Abbot Hall, located in the heart of “Old Town”. New Kitchen with new stainless steel appliances, granite counters, lovely dining room with china cabinet, recessed lighting throughout, new furnace, electric updated 200 amp, all new JB sash windows, mahogany deck, French drain, veneer stone wall, ample closet space, all hardwood floors, fireplaced living room, ADT Alarm security system. This is the perfect home for summer get-aways, pied-a-terre or downsizing!

Last Agent to Sell the Property

Lynda Murray

Coldwell Banker Realty - Marblehead Listed on: 09/15/2015

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Maria Vidano

Sky Village Group, Inc. License #449551185

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1940

Lot Details

  • 871 Sq Ft Lot
  • Waterfront
  • Gentle Sloping Lot
  • Property is zoned GR

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 924 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Laundry in Basement

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 2025251

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,385

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1940
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 176
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 176
  • Master Bathroom Features: No
  • Bathroom 1 Features: Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 121
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 135
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 231
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Partial, Sump Pump
  • Accessibility Features: No
  • Living Area: 924
  • Window Features: Insulated Windows
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 540.04
  • PRICE PER Sq Ft: 519.48
  • MAIN SO: AN5261

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: None
  • Heating: Steam, Oil
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2025251
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 871.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 1263
  • PAGE: 238

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3384.94
  • Tax Book Number: 26537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 30, 2015
Sold by
Sandra Forziati Llc
Bought by
Moore Edward J
Seller's Agent
Lynda Murray
Coldwell Banker Realty - Marblehead
Buyer's Agent
Maria Vidano
Sky Village Group, Inc.
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Total Days on Market
12
Current Estimated Value
$820,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,031
Avg. Annual Appreciation
6.10%
Original Mortgage
$457,875
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2007
Sold by
Treiber Elizabeth K and Treiber Sarah
Bought by
Sandra Forziati Llc

Purchase Details

Closed on
Jul 27, 2001
Sold by
Gibboni Vincent P
Bought by
Moore Brian and Moore Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1993
Sold by
Smith Charles S
Bought by
Gibboni Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.51%
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
Moore Edward J $480,000 --
Sandra Forziati Llc $368,000 --
Moore Brian $311,000 --
Gibboni Vincent $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Edward J $417,500
Closed Moore Edward J $457,875
Previous Owner Gibboni Vincent $335,000
Previous Owner Gibboni Vincent $248,800
Previous Owner Gibboni Vincent $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $480,000 0.0% $519 / Sq Ft
09/27/2015 09/27/15 Off Market $480,000 -- --
09/27/2015 09/27/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $499,000 -- $540 / 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 $6,111 $675,300 $406,300 $269,000
2024 $5,360 $598,200 $406,300 $191,900
2023 $5,529 $552,900 $350,000 $202,900
2022 $5,407 $514,000 $312,500 $201,500
2021 $5,291 $507,800 $306,300 $201,500
2020 $4,874 $469,100 $300,000 $169,100
2019 $4,822 $449,000 $281,300 $167,700
2018 $4,603 $417,700 $250,000 $167,700
2017 $4,461 $405,200 $237,500 $167,700
2016 $3,602 $324,500 $212,500 $112,000
2015 $3,385 $305,500 $200,000 $105,500
2014 $3,365 $303,400 $200,000 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71904599

MLS Property Information Network (MLS PIN)

APN: MARB-000133-000036