NOT LISTED FOR SALE

37 Franklin St Marblehead, MA 01945

Estimated Value: $1,735,000 - $1,924,000

2 Beds
2.5 Baths
1,650 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,850,000 $1,121 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,028/month

22 Days on Market

Highlights

  • Ocean View
  • Spa
  • Open Floorplan
  • Marblehead High School Rated A
  • Waterfront
  • 3-minute walk to Fort Sewall

About This Home

As of June 2024

Beautiful harbor front home in the heart of Old Town with stunning views out to the harbor and beyond including Corithian Yacht Club, Chandler Hovey Park, Childrens Island out to Halfway Rock. Completely renovated and reframed from studs out in 2014. Steps to Fort Sewall, Gas House Beach, shops and restaurants. This house has it all! Beautiful chef's kitchen overlooking harbor with Wolf and Sub-Zero appliances, living room includes a wet bar with fridge and icemaker for entertaining. Large mudroom with 2 spacious closets and a large built-in bench/seating area with drawers. Two large bedrooms and 2.5 bathrooms. The master suite features expansive water views, vaulted ceiling, large walk-in closet and an on-suite master bathroom with oversized marble shower. Guest bedroom has its own bathroom with jetted tub and large vanity with marble counter tops. This home has 3 car parking and a large back yard with an attached shed and surrounded by mature privet hedge for privacy.

Last Agent to Sell the Property

Paul Lynch

Law Office of Paul M. Lynch Listed on: 04/23/2024

Last Buyer's Agent

Christine Cowden

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,341

Year Built

  • Built in 1728

Lot Details

  • 3,931 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Property is zoned CR

Property Views

  • Ocean
  • Harbor

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Spray Foam Insulation
  • Shingle Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Living Room with Fireplace
  • Dining Area
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Linen Closet
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Patio
  • Outdoor Storage

Location

  • Property is near public transit

Schools

  • Lucretia Brown Elementary School
  • Mvm Middle School
  • MHS High School

Utilities

  • Two cooling system units
  • Humidity Control
  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number M:0167 B:0030 L:0,2027207

Community Details

Recreation

  • Jogging Path
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,341

Year Built

Built in 1728

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Antique
  • Year Built: 1728
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: n/a
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Wet Bar, Wired for Sound, Internet Available - DSL
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater, Water Heater, Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Range, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Bathroom - Full, Closet, Flooring - Hardwood, Hot Tub / Spa, Crown Molding
  • Room Bedroom2 Area: 141.75
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet, Attic Access, Crown Molding
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 247
  • Master Bathroom Features: Yes
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Gas Stove, Peninsula, Lighting - Pendant, Crown Molding
  • Room Kitchen Area: 117
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor
  • Room Living Room Level: First
  • Room Living Room Area: 288
  • Room Living Room Features: Flooring - Hardwood, Wet Bar, Cable Hookup, Open Floorplan, Recessed Lighting
  • Basement: Partial, Sump Pump, Concrete
  • Accessibility Features: No
  • Living Area: 1650
  • Spa YN: No
  • Window Features: Storm Window(s)
  • MAIN LO: AN4028
  • LIST PRICE PER Sq Ft: 1181.82
  • PRICE PER Sq Ft: 1121.21
  • MAIN SO: AN2383
  • Insulation: Full, Spray Foam

Exterior Features

  • Exterior Features: Patio, Storage
  • Construction Materials: Conventional (2x4-2x6)
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Dual
  • Heating: Forced Air, Humidity Control, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0167 B:0030 L:0,2027207
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3931
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16341
  • Tax Book Number: 0
  • Tax Lot: 30
  • Tax Map Number: 167

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Harbor, Ocean

MLS Schools

  • High School: Mhs
  • Elementary School: Lucretia Brown
  • Middle Or Junior School: Mvm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 21, 2024
Sold by
Lynch Debra J
Bought by
Lynch Paul M and Lynch Debra H
Seller's Agent
Paul Lynch
Law Office of Paul M. Lynch
Buyer's Agent
Christine Cowden
Compass
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
66
Current Estimated Value
$1,821,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,253
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Paul Thomas C and Paul Janet M
Bought by
Lynch Debra J
Source: Public Records

Range of Values:

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Average Value
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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
Lynch Paul M -- None Available
Lynch Debra J $590,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,850,000 -5.1% $1,121 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,950,000 -- $1,182 / 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 $16,431 $1,815,600 $1,366,800 $448,800
2024 $16,341 $1,823,800 $1,366,800 $457,000
2023 $14,169 $1,416,900 $1,051,400 $365,500
2022 $14,395 $1,368,300 $981,300 $387,000
2021 $12,943 $1,242,100 $855,100 $387,000
2020 $12,030 $1,157,800 $841,100 $316,700
2019 $12,234 $1,139,100 $822,400 $316,700
2018 $11,730 $1,064,400 $747,700 $316,700
2017 $11,376 $1,033,200 $716,500 $316,700
2016 $10,117 $911,400 $604,600 $306,800
2015 $10,389 $937,600 $630,800 $306,800
2014 $10,750 $969,300 $672,900 $296,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73227428

MLS Property Information Network (MLS PIN)

APN: MARB-000167-000030