NOT LISTED FOR SALE

4 Commercial St Marblehead, MA 01945

Estimated Value: $977,000 - $1,147,998

3 Beds
2.5 Baths
2,600 Sq Ft
$408/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $630,000 $242 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,659/month

61 Days on Market

Highlights

  • Spa
  • City View
  • Colonial Architecture
  • Marblehead High School Rated A
  • Waterfront
  • 4-minute walk to Seaside Park

About This Home

As of June 2018

This fascinating antique, built circa 1849, has had many updates over the years plus a two story addition in the back of the house. 4 Commercial Street is located in the Shipyard District of Marblehead with easy access to stores, coffee shops, restaurants, the bus stop, Seaside Park (with its basketball courts, tennis courts, the town baseball field, a fitness trail, and great winter sledding hill), Devereux Beach (with a children’s playground, beach side restaurant, beach fishing, and waves for surfing), as well as the inner part of Marblehead’s famous harbor (town kayak storage racks). The two story addition created a private master suite, one half level up from the main floor, and a ground level family room, one half level down from the main floor. Hidden behind the rear fence is a “Secret Garden” –a magical back yard with tall evergreens, unusual specimen trees, a flat grass area, as well as gravel patio for outdoor entertaining. Don’t miss this very special, unique property!

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 03/20/2018

Compass

Last Buyer's Agent

Amy Ruocco

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,252

Year Built

  • Built in 1849

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned BR

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Stone Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Beamed Ceilings
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Home Office
  • City Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Soaking Tub
  • Bathtub with Shower

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Public/Private Elementary And Middle School
  • Public High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2023898

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,252

Year Built

Built in 1849

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Antique
  • Year Built: 1849
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0%
  • Transaction Broker Type: %
  • Year Built Details: Approximate,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, Flooring - Hardwood
  • Interior Amenities: Beamed Ceilings, Cable Hookup, Home Office, Finish - Sheetrock
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Range Hood, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet, Cable Hookup
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Wood, Recessed Lighting
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Room Kitchen Level: First
  • Room Kitchen Features: Beamed Ceilings, Flooring - Stone/Ceramic Tile, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: Main
  • Room Living Room Features: Skylight, Cathedral Ceiling(s), Flooring - Hardwood
  • Room Office Level: First
  • Room Office Features: Ceiling - Beamed, Flooring - Hardwood, Cable Hookup
  • Basement: Partial, Partially Finished, Interior Entry, Garage Access, Concrete
  • Accessibility Features: No
  • Living Area: 2600
  • Spa YN: Yes
  • Window Features: Insulated Windows, Storm Window(s), Screens
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 245.96
  • PRICE PER Sq Ft: 242.31
  • MAIN SO: C58300

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber, Asphalt/Composition Shingles
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Beach Access, Harbor, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Under, Garage Door Opener, Paved Drive, Off Street, Stone/Gravel
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
  • Cooling: None
  • Heating: Central, Forced Air, Electric Baseboard, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Private School, Public School

Lot Info

  • Parcel Number: 2023898
  • Zoning: BR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 4791
  • PAGE: 350

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6252
  • Tax Book Number: 25132

MLS Schools

  • High School: Public
  • Elementary School: Public/Private
  • Middle Or Junior School: Public/Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 28, 2018
Sold by
Franklin Shan E and Franklin Stephanie S
Bought by
Manning David
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Amy Ruocco
LPT Realty, LLC
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Total Days on Market
61
Current Estimated Value
$1,061,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,500
Avg. Annual Appreciation
7.78%
Original Mortgage
$504,000
Outstanding Balance
$442,234
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$617,666

Purchase Details

Closed on
Nov 30, 2005
Sold by
Stunzi Anne Carey
Bought by
Franklin Shan E and Franlin Stephanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
6.14%
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
Manning David $630,000 --
Franklin Shan E $608,000 --
Franklin Shan E $608,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning David $100,000
Open Manning David $504,000
Closed Manning David $504,000
Previous Owner Franklin Shan E $534,800
Previous Owner Franklin Shan E $539,750
Previous Owner Stunzi Paul F $465,750
Previous Owner Stunzi Paul F $486,400
Previous Owner Stunzi Paul F $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $630,000 -1.5% $242 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $639,500 -5.3% $246 / Sq Ft
03/20/2018 03/20/18 For Sale $675,000 -- $260 / 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 $8,398 $928,000 $517,500 $410,500
2024 $8,602 $960,000 $563,500 $396,500
2023 $7,550 $755,000 $437,000 $318,000
2022 $7,191 $683,600 $373,800 $309,800
2021 $6,654 $638,600 $333,500 $305,100
2020 $6,821 $656,500 $379,500 $277,000
2019 $6,216 $578,800 $322,000 $256,800
2018 $6,252 $567,300 $310,500 $256,800
2017 $5,993 $544,300 $287,500 $256,800
2016 $5,786 $521,300 $264,500 $256,800
2015 $6,199 $559,500 $253,000 $306,500
2014 $5,732 $516,900 $230,000 $286,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72295748

MLS Property Information Network (MLS PIN)

APN: MARB-000115-000020