NOT LISTED FOR SALE

5 Cottage St Marblehead, MA 01945

Estimated Value: $656,000 - $796,112

2 Beds
1 Bath
1,040 Sq Ft
$706/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $305,000 $293 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,479/month

7 Days on Market

About This Home

As of July 2013

Nice - cozy home, located on a quiet street, near shops, restaurants and park, needs some TLC. Recent (5+years), improvements includes, new wiring throughout the house, new skylight, hard wired smoke detectors, roof and rafters. Large shed behind the house. Nice side sun deck. Yard and garden areas. Accepting backup offers until contingencies are met.

Last Agent to Sell the Property

Frank Martin

Sagan Harborside Sotheby's International Realty License #454005900 Listed on: 05/14/2013

Last Buyer's Agent

Scott Laramie

Cornerlot License #454006528

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,143

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
  • Energy: Storm Windows
  • Flooring: Wood
  • Basement: Full, Bulkhead, Sump Pump, Concrete Floor

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood, Storage Shed, Garden Area

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2013
Closed on
Jul 26, 2013
Sold by
Hagood John H and Hagood Gregory M
Bought by
Gallagher Jonathan D
Seller's Agent
Frank Martin
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Scott Laramie
Cornerlot
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$733,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,778
Avg. Annual Appreciation
7.51%
Original Mortgage
$244,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Kellogg 3Rd James F and Kellogg Katherine C
Bought by
Cairns Tr Walter James
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 Buyer Sale Price Title Company
Gallagher Jonathan D $305,000 --
Cairns Tr Walter James $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Jonathan D $172,000
Closed Gallagher Jonathan D $244,000
Previous Owner Kellogg James F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $305,000 +1.7% $293 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $299,900 -- $288 / 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 $6,143 $678,800 $507,400 $171,400
2024 $6,460 $721,000 $552,500 $168,500
2023 $5,685 $568,500 $428,500 $140,000
2022 $5,286 $502,500 $366,500 $136,000
2021 $4,815 $462,100 $327,000 $135,100
2020 $5,105 $491,300 $372,100 $119,200
2019 $4,671 $434,900 $315,700 $119,200
2018 $4,669 $423,700 $304,500 $119,200
2017 $4,416 $401,100 $281,900 $119,200
2016 $4,282 $385,800 $259,300 $126,500
2015 $4,151 $374,600 $248,100 $126,500
2014 $3,697 $333,400 $225,500 $107,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71524884

MLS Property Information Network (MLS PIN)

APN: MARB-000110-000025