NOT LISTED FOR SALE

5 Foss Terrace Unit 1 Marblehead, MA 01945

Estimated Value: $644,000 - $794,223

3 Beds
1.5 Baths
1,280 Sq Ft
$559/Sq Ft Est. Value

Highlights

  • Marina
  • Open Floorplan
  • No HOA
  • Marblehead High School Rated A
  • Solid Surface Countertops
  • Jogging Path

About This Home

As of June 2023

LOCATION! LOCATION! LOCATION!!! If you know Marblehead, you know!! Updated 3 bedroom, 1 1/2 bath attached house in a very quiet neighborhood is available now!!! This newly renovated home features new flooring and carpets, updated kitchen and baths with townhouse style living!! Other features include exclusive outdoor space, 2 car off street parking, exclusive basement storage and is so very close to EVERYTHING!! Tenant pays all utilities and must have excellent credit and references. No smoking please.

Last Agent to Rent the Property

Merry Fox Team

MerryFox Realty Listed on: 05/13/2023

Co-Listed By

Maggie Gibson

MerryFox Realty

Last Renter's Agent

Merry Fox Team

MerryFox Realty Listed on: 05/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,044

Year Built

  • Built in 1970

Lot Details

  • 4,570

Parking

  • 2 Car Parking Spaces

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,280 Sq Ft Home
  • Open Floorplan
  • Picture Window
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Patio
  • 4,570 Sq Ft Lot
  • Property is near schools

Listing and Financial Details

  • Rent includes water, sewer, trash collection, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 2026857

Community Details

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,044

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 1970
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Oven,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Double Vanity
  • Room Dining Room Features: Flooring - Laminate, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Stainless Steel Appliances
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Laminate, Window(s) - Picture, Open Floorplan
  • Living Area: 1280
  • Spa YN: No
  • MAIN LO: C95279
  • MAIN SO: C95279

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront Features: 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Bike Path, Marina, Public School
  • Rent Includes: Water, Sewer, Trash Collection, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2026857
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4570
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Burns Paul H Est and Burns
Bought by
Arrieta Arrieta-Rodriguez C and Arrieta Carrie G
Current Estimated Value
$715,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$406,321
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,235

Purchase Details

Closed on
Aug 23, 1971
Bought by
Burns Paul H
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
Arrieta Arrieta-Rodriguez C $525,000 None Available
Burns Paul H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrieta Arrieta-Rodriguez C $420,000
Previous Owner Burns Paul H $15,000
Previous Owner Burns Paul H $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Rented $3,500 -11.4% --
05/31/2023 05/31/23 Under Contract -- -- --
05/13/2023 05/13/23 For Rent $3,950 -- --
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 $6,044 $667,800 $510,700 $157,100
2024 $5,539 $618,200 $488,000 $130,200
2023 $5,736 $573,600 $465,300 $108,300
2022 $5,127 $487,400 $380,200 $107,200
2021 $4,902 $470,400 $363,200 $107,200
2020 $4,831 $465,000 $363,200 $101,800
2019 $4,628 $430,900 $329,100 $101,800
2018 $4,498 $408,200 $306,400 $101,800
2017 $4,075 $370,100 $272,400 $97,700
2016 $4,000 $360,400 $261,000 $99,400
2015 $3,866 $348,900 $249,700 $99,200
2014 $3,491 $314,800 $215,600 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73111051

MLS Property Information Network (MLS PIN)

APN: MARB-000163-000020-B000000