$375,000
SOLD OCT 15, 2018

4 Elm Place Marblehead, MA 01945

3 Beds
1 Bath
1,808 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

17% Below List Price

3 Days on Market

About This Home

As of September 2019

This late Victorian home on a quiet dead end street in downtown Marblehead has only been owned by two families since it was built in 1906. The high ceilings and large rooms on both floors offer plenty of opportunity to reimagine the interior in contemporary or classic style. The large terraced garden, 3 car driveway and detached garage are a plus in this central location which is adjacent to Old Town, restaurants, shops and Marblehead harbor. A wonderful contractor's delight! Motivated sellers, offered as is.

Last Agent to Sell the Property

Cynthia Kilbarger

RE/MAX 360 License #454003279 Listed on: 09/25/2018

Last Buyer's Agent

Lorena Hubbard

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,460

Year Built

  • Built in 1906

Lot Details

  • Property is zoned UR

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0128 B:0032 L:0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,460

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Victorian
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 248.89
  • Comp Based On: Net Sale Price
  • Year Built: 1906
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: C58300
  • Main So: AC2354
  • Estimated Sq Ft: 1808.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 3
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Hot Water Baseboard, Hot Water Radiators, Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, House of Worship

Lot Info

  • Assessments: 533700.00
  • Acre: 0.20
  • Lot Size: 8720.00
  • Page: 62
  • Parcel Number: M:0128 B:0032 L:0
  • Zoning: UR
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 5881.00
  • Assessor Parcel Number: 2024673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Sep 27, 2019
Sold by
Jp Raimo Development Corp
Bought by
Kenney Kay E and Kenney Thomas B
Seller's Agent
Lorena Hubbard
RE/MAX Andrew Realty Services
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Current Estimated Value
$1,028,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,220
Avg. Annual Appreciation
6.77%
Original Mortgage
$657,000
Outstanding Balance
$582,966
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$487,196

Purchase Details

Listed on
Sep 25, 2018
Closed on
Oct 15, 2018
Sold by
Bergemann Christopher S and Bowker Juliete L
Bought by
Jp Raimo Development C
Seller's Agent
Cynthia Kilbarger
RE/MAX 360
Buyer's Agent
Lorena Hubbard
RE/MAX Andrew Realty Services
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.15%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Not Resolvable $730,000 --
Not Resolvable $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $657,000 New Conventional
Closed $657,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $730,000 -2.7% $404 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $749,900 -3.2% $415 / Sq Ft
06/10/2019 06/10/19 Price Changed $775,000 -3.0% $429 / Sq Ft
06/05/2019 06/05/19 For Sale $799,000 +113.1% $442 / Sq Ft
10/15/2018 10/15/18 Sold $375,000 -16.7% $207 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $450,000 -- $249 / 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 $8,460 $934,800 $576,100 $358,700
2024 $8,093 $903,200 $550,500 $352,700
2023 $8,187 $818,700 $524,900 $293,800
2022 $7,518 $714,600 $428,900 $285,700
2021 $7,068 $678,300 $409,700 $268,600
2020 $6,271 $603,600 $409,700 $193,900
2019 $6,007 $559,300 $371,300 $188,000
2018 $5,881 $533,700 $345,700 $188,000
2017 $5,452 $495,200 $307,200 $188,000
2016 $5,355 $482,400 $294,400 $188,000
2015 $5,138 $463,700 $281,600 $182,100
2014 $4,659 $420,100 $243,200 $176,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72400740

MLS Property Information Network (MLS PIN)

APN: MARB-000128-000032