$775,000
SOLD FEB 27, 2025

5 Independence Way Unit C Marblehead, MA 01945

2 Beds
1.5 Baths
1,200 Sq Ft
$840/mo HOA Fee

Recently Sold

$646 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Open Floorplan
  • Marblehead High School Rated A-
  • Waterfront
  • 4-minute walk to Hammond Park

About This Home

As of February 2025

Experience coastal charm at this well-maintained 2-bedroom, 1.5-bath townhouse-style condo in desirable Glover Landing. The first floor features a cozy kitchen and a spacious open dining/living area with a fireplace and oversized sliders leading to a private covered deck—perfect for entertaining or enjoying breathtaking harbor views. Upstairs, you'll find two generously sized bedrooms, including a main bedroom with double closets and stunning harbor vistas, as well as a full bath and in-unit laundry. Additional highlights include wood flooring throughout, a pull-down attic for seasonal storage, 1 assigned parking space, and a separate storage area.As a Glover Landing resident, you'll enjoy amenities such as a private beach, a clubroom for events, a dock, beautifully landscaped grounds, and on-site maintenance. Embrace the ultimate seaside lifestyle and all the charm Marblehead has to offer!

Last Agent to Sell the Property

Niamh Callahan

J. Barrett & Company Listed on: 01/21/2025

Last Buyer's Agent

Niamh Callahan

J. Barrett & Company Listed on: 01/21/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • No Units Above

HOA Fees

  • $840 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Harbor

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Light Fixtures
  • Picture Window
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Dual Closets

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:0131 B:0019 L:5C,2025015

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 116 Units
  • Glover Landing Community
  • Near Conservation Area

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,497

Year Built

Built in 1971

Lot Details

0

HOA Fees

$840 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1971
  • Entry Level: 2
  • Year Built Details: Approximate
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Entry Hall
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, Lighting - Overhead
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wood, Window(s) - Picture, Closet - Double
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Room Dining Room Features: Flooring - Wood, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Lighting - Overhead
  • Laundry Features: Third Floor
  • Room Living Room Level: Second
  • Room Living Room Features: Closet, Flooring - Wood, Balcony - Exterior, Open Floorplan, Slider
  • Basement: N
  • Living Area: 1200
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: C95243
  • MAIN SO: C95243

Exterior Features

  • Exterior Features: Covered Patio/Deck
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Patio And Porch Features: Covered
  • Waterfront Features: Beach Front, Harbor, Ocean, Sound, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Association)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 840
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0131 B:0019 L:5C,2025015
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6497

Multi Family

  • Number Of Units Total: 116
  • Basement Included Sq Ft: No
  • Waterview: Harbor, Ocean, Sound, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Feb 26, 2025
Sold by
Franklin E Huntress Jr Lt and Huntress
Bought by
Zamir Leah and Zamir Mark
Seller's Agent
Niamh Callahan
J. Barrett & Company
Buyer's Agent
Niamh Callahan
J. Barrett & Company
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Views
42
Current Estimated Value
$785,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,634
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Jul 7, 1992
Sold by
Rosenburg Muriel F
Bought by
Hildreth Richard R
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 Type Sale Price Title Company
Fiduciary Deed $775,000 None Available
Fiduciary Deed $775,000 None Available
Fiduciary Deed $775,000 None Available
Deed $235,000 --
Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $775,000 -2.5% $646 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $795,000 -- $663 / 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 $6,941 $767,000 $0 $767,000
2024 $6,497 $725,100 $0 $725,100
2023 $6,805 $680,500 $0 $680,500
2022 $6,344 $603,000 $0 $603,000
2021 $5,837 $560,200 $0 $560,200
2020 $5,876 $565,500 $0 $565,500
2019 $5,627 $523,900 $0 $523,900
2018 $5,813 $527,500 $0 $527,500
2017 $5,406 $491,000 $0 $491,000
2016 $5,237 $471,800 $0 $471,800
2015 $4,891 $441,400 $0 $441,400
2014 $4,738 $427,200 $0 $427,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73327711

MLS Property Information Network (MLS PIN)

APN: MARB-000131-000019-000005C