NOT LISTED FOR SALE

5 Cedar St Marblehead, MA 01945

Estimated Value: $846,177 - $923,000

2 Beds
2 Baths
1,980 Sq Ft
$440/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $750,000 $379 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,133/month

11 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Open Floorplan
  • Marblehead High School Rated A-
  • Medical Services
  • 5-minute walk to Gatchell Playground

About This Home

As of June 2022

Lovingly maintained+move in ready, this sweet home has it all! 2+ bed, 2 full bath, multi level gambrel features an open concept main floor, w large, fireplaced living room w/bow window, allowing ample natural light. Offering a terrific flow for entertaining/family mealtime, the updated kitchen opens to the dining room w/ sliders onto a mahogany deck, which enjoys the perfect amount of sun+shade, the convenience of a gas grill+connection, and overlooks the back yard. This main level is complete w/a full bath. Upstairs, 2 ample sized bedrooms w/vaulted ceilings. Another full bath-with 2 separate shower stalls-enjoys natural light via the skylight overhead. Brick accent from the ascending fireplace flue adds a pretty detail to the hallway between the bedrooms, which holds a large bank of closets+laundry. In the lower level, a large finished room w/wood stove, many windows, egress to yard, lends itself to many uses- family/guest/play room or office! 1 car garage, central air! A gem!

Last Agent to Sell the Property

Liz Carlson

Coldwell Banker Realty - Marblehead Listed on: 03/22/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Maggie Slavet

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,732

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned SR

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Dutch Architecture
  • Split Level Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,980 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Stove
  • Insulated Windows
  • Bay Window
  • Picture Window
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area
  • Exterior Basement Entry
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • 2 Full Bathrooms
  • Pedestal Sink
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Schools

  • Glover Elementary School
  • MMS Middle School
  • MHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 2021783

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,732

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Gambrel /Dutch
  • Year Built: 1979
  • Levels: Multi/Split
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Hardwood, Engineered Hardwood
  • Interior Amenities: Central Vacuum
  • Door Features: Insulated Doors, Storm Door(s)
  • 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, Utility Connections Outdoor Gas Grill Hookup
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Vaulted Ceiling(s), Window(s) - Bay/Bow/Box, Closet - Double
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Vaulted Ceiling(s), Closet, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall, Bathroom - With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile, Remodeled
  • Room Dining Room Features: Bathroom - Full, Deck - Exterior, Exterior Access, Open Floorplan, Slider
  • Room Dining Room Level: Main
  • Room Family Room Level: Basement
  • Room Family Room Features: Wood / Coal / Pellet Stove, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting
  • Room Kitchen Level: Main
  • Room Kitchen Features: Bathroom - Full, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Remodeled, Slider, Gas Stove
  • Laundry Features: Second Floor, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture, Exterior Access
  • Living Area: 1980
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN6181
  • MAIN SO: AN4471

Exterior Features

  • Exterior Features: Sprinkler System
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

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: Under, Storage, Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Outdoor Gas Grill Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Wood Stove
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School

Lot Info

  • Parcel Number: 2021783
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 5009

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6732

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Mhs
  • Elementary School: Glover
  • Middle Or Junior School: Mms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 15, 2022
Sold by
Hersey Julia M and Hersey Malcolm A
Bought by
Moran Lauren and Moran Matthew E
Seller's Agent
Liz Carlson
Coldwell Banker Realty - Marblehead
Buyer's Agent
Maggie Slavet
RE/MAX Beacon
List Price
$699,999
Sold Price
$750,000
Premium/Discount to List
$50,001
7.14%
Current Estimated Value
$870,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,794
Avg. Annual Appreciation
4.30%
Original Mortgage
$600,000
Outstanding Balance
$559,775
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,019

Purchase Details

Closed on
Sep 9, 2002
Sold by
Kelley Christopher D and Kelley Amy P
Bought by
Hersey Malcolm A and Hersey Julia M

Purchase Details

Closed on
Sep 13, 1996
Sold by
Five Cedar Street Rt
Bought by
Kelley Christoher D and Kelley Amy P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moran Lauren $750,000 None Available
Hersey Malcolm A $430,000 --
Hersey Malcolm A $430,000 --
Kelley Christoher D $199,000 --
Kelley Christoher D $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Lauren $600,000
Previous Owner Kelley Christoher D $294,000
Previous Owner Kelley Christoher D $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $750,000 +7.1% $379 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $699,999 -- $354 / 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 $6,838 $755,600 $517,500 $238,100
2024 $6,596 $736,200 $517,500 $218,700
2023 $6,857 $685,700 $471,500 $214,200
2022 $6,669 $633,900 $425,500 $208,400
2021 $6,246 $599,400 $391,000 $208,400
2020 $5,935 $571,200 $391,000 $180,200
2019 $5,764 $536,700 $356,500 $180,200
2018 $5,508 $513,700 $333,500 $180,200
2017 $5,403 $490,700 $310,500 $180,200
2016 $5,191 $467,700 $287,500 $180,200
2015 $4,958 $447,500 $264,500 $183,000
2014 $4,637 $418,100 $241,500 $176,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72955997

MLS Property Information Network (MLS PIN)

APN: MARB-000052-000015-A000000