NOT LISTED FOR SALE

42R Prospect St Marblehead, MA 01945

Estimated Value: $809,233 - $882,000

3 Beds
2.5 Baths
1,724 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $550,000 $319 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,032/month

5 Days on Market

Highlights

  • Marina
  • Waterfront
  • Deck
  • Marblehead High School Rated A
  • Colonial Architecture
  • Property is near public transit

About This Home

As of May 2018

This beautifully updated antique home consists of a main living space upstairs and a separate entry investment property for short stays. The main floor is open concept and includes a new kitchen and allows everyone to be a part of the action. The beautiful kitchen island ties the entire space together and offers ease of living with seating and storage. On the first floor features the kitchen, living room, eating area and a half bath. Access to the deck is also found off of the main floor. The second floor consist of 2 bedrooms, each with their own staircase, that connect with the bathroom. The lower level is a separate area and consists of one bedroom, a full bathroom and a living area that includes cabinetry with a sink and a washer. There is No Interior Access from the lower area to the main living space. Lower level income as an AirBnB: First year 14K Second year 20K. Open Sunday 4/8/2018 12:30-2:00. Regular showings start Wednesday.

Last Agent to Sell the Property

Bryan Ruocco

LPT Realty, LLC Listed on: 04/07/2018

LPT Realty, LLC

Co-Listed By

Amy Ruocco

LPT Realty, LLC

Last Buyer's Agent

Amanda Brawley

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Waterfront
  • Sloped Lot
  • Property is zoned SF

Home Design

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

Interior Spaces

  • 1,724 Sq Ft Home
  • French Doors
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Shared Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bell Elementary School
  • Veteran/Charter Middle School
  • Marblehead High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2023564

Community Details

Recreation

  • Marina
  • Park
  • Jogging Path

Additional Features

  • Downtown Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,392

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Antique
  • Year Built: 1910
  • Buyer Agency Type: %
  • Subdivision Name: Downtown
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Door Features: French Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Living Area: 1724
  • MAIN LO: C58300
  • MAIN SO: C58300

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck - Wood, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School

Lot Info

  • Parcel Number: 2023564
  • Zoning: SF
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Sloped
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 3789

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5392.27

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Marblehead
  • Elementary School: Bell
  • Middle Or Junior School: Veteran/Charter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
May 31, 2018
Sold by
Credle-Clark Catherine J and Credle-Clark Shannon J
Bought by
Whann Deirdre
Seller's Agent
Bryan Ruocco
LPT Realty, LLC
Buyer's Agent
Amanda Brawley
RE/MAX Beacon
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$849,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,808
Avg. Annual Appreciation
5.96%
Original Mortgage
$350,000
Outstanding Balance
$300,714
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$549,094

Purchase Details

Listed on
May 12, 2015
Closed on
Nov 2, 2015
Sold by
Pechtold Gudrun J and Pechtold Markus K
Bought by
Credle-Clark Shannon J and Credle-Clark Catherine J
Seller's Agent
Sussi Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Bryan Ruocco
LPT Realty, LLC
List Price
$519,000
Sold Price
$478,000
Premium/Discount to List
-$41,000
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$469,342
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2010
Sold by
Oflynn Paul and Laustsen Sacha
Bought by
Pechtold Gudrun J and Pechtold Markus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,555
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Capuano John O
Bought by
Oflynn Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whann Deirdre $550,000 --
Credle-Clark Shannon J $478,000 --
Pechtold Gudrun J $485,000 --
Pechtold Gudrun J $485,000 --
Oflynn Paul $398,750 --
Oflynn Paul $398,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whann Deirdre $350,000
Previous Owner Credle-Clark Shannon J $469,342
Previous Owner Oflynn Paul $478,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $550,000 0.0% $319 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $549,900 +15.0% $319 / Sq Ft
10/30/2015 10/30/15 Sold $478,000 0.0% $277 / Sq Ft View Prior Sale
09/14/2015 09/14/15 Off Market $478,000 -- --
09/14/2015 09/14/15 Pending -- -- --
07/25/2015 07/25/15 Price Changed $495,000 -2.8% $287 / Sq Ft
06/07/2015 06/07/15 Price Changed $509,000 -1.9% $295 / Sq Ft
05/12/2015 05/12/15 For Sale $519,000 -- $301 / 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 $6,913 $763,900 $498,600 $265,300
2024 $7,198 $803,300 $542,900 $260,400
2023 $6,356 $635,600 $421,000 $214,600
2022 $5,976 $568,100 $360,100 $208,000
2021 $5,498 $527,600 $321,300 $206,300
2020 $5,715 $550,000 $365,600 $184,400
2019 $5,312 $494,600 $310,200 $184,400
2018 $5,329 $483,600 $299,200 $184,400
2017 $5,080 $461,400 $277,000 $184,400
2016 $4,875 $439,200 $254,800 $184,400
2015 $4,744 $428,200 $243,800 $184,400
2014 $4,447 $401,000 $221,600 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72305174

MLS Property Information Network (MLS PIN)

APN: MARB-000110-000032