NOT LISTED FOR SALE

5 Independence Way Unit D Marblehead, MA 01945

Estimated Value: $1,229,508 - $1,420,000

3 Beds
2 Baths
1,800 Sq Ft
1971 Built

Last Sold May 27, 2016

Last sale price $732,450 $407 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,763/month

312 Days on Market

About This Home

As of May 2016

Harborviews from this spacious 3 bedroom at desirable Glover Landing. Most desirable layout with 1200 sq. feet on first level of unit with a 600 sq. foot master suite on upper level. Open concept dining/living room with fireplace, custom built-ins, hardwood floors and slider to renovated 14 x 5'6" deck overlooking Jimmy's cove and the harbor. On the same level are 2 bedrooms with hardwood floors, one bedroom with fireplace and wall of windows offering water views, full tile bath and laundry. Upstairs is a wonderful private master suite with gorgeous harbor views, wonderful all new deck, spacious sitting/dressing area, and private bath with jacuzzi tub and steam. New roof,siding, and decks. heat/AC new in 2008. Attic area offers lots of storage. Storage unit, 1 car parking, association beach, dock, and wardroom for entertaining.

Last Agent to Sell the Property

Patricia Kane

William Raveis R.E. & Home Services License #454002648 Listed on: 06/02/2015

Last Buyer's Agent

Catherine St Pierre

Aluxety

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,381

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, End
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • Fireplaces: 2
  • Has Basement: No
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Insulation: Partial
  • Bedroom 2: Second Floor, 14X15
  • Bedroom 3: Second Floor, 14X12
  • Bathroom #1: Second Floor
  • Bathroom #2: Third Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor, 14X13
  • Master Bedroom: Third Floor, 9X14
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
  • Dining Room: Second Floor, 9X11
  • Oth1 Room Name: Sitting Room
  • Oth1 Dimen: 11X16
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Oth1 Level: Third Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Unit Features: Deck, Deck - Composite
  • Waterfront: Harbor, Direct Access, Private
  • Beach Ownership: Association
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Assigned, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Glover Landing Condominium Trust
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Beach Rights, Dock/Mooring, Extra Storage, Refuse Removal
  • Management: Professional - On Site, Owner Association
  • Pets Allowed: Yes
  • No Units: 116
  • Unit Building: D

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Marblehead
  • Middle School: Marblehead
  • High School: Marblehead

Lot Info

  • Zoning: CR

Multi Family

  • Waterview: Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Celli Lynne M and Natola Peter R
Bought by
Bowen Peter and Bowen Sandra K
Current Estimated Value
$1,301,127

Purchase Details

Listed on
Jun 2, 2015
Closed on
May 27, 2016
Sold by
Finkelstein Robert S and Finkelstein Cheryl L
Bought by
Celli Lynne M and Natola Peter R
Seller's Agent
Patricia Kane
William Raveis R.E. & Home Services
Buyer's Agent
Catherine St Pierre
Aluxety
List Price
$739,900
Sold Price
$732,450
Premium/Discount to List
-$7,450
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$549,337
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 1979
Bought by
Finkelstein Robert S and Finkelstein Cheryl L
Source: Public Records

Range of Values:

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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
Bowen Peter $910,000 None Available
Celli Lynne M $732,450 --
Finkelstein Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celli Lynne M $549,337
Previous Owner Finkelstein Robert S $402,500
Previous Owner Finkelstein Robert S $417,000
Previous Owner Finkelstein Robert S $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $732,450 -1.0% $407 / Sq Ft
04/17/2016 04/17/16 For Sale $739,900 0.0% $411 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
06/02/2015 06/02/15 For Sale $739,900 -- $411 / 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 $10,381 $1,147,100 $0 $1,147,100
2024 $9,719 $1,084,700 $0 $1,084,700
2023 $10,056 $1,005,600 $0 $1,005,600
2022 $9,373 $891,000 $0 $891,000
2021 $8,625 $827,700 $0 $827,700
2020 $8,712 $838,500 $0 $838,500
2019 $8,345 $777,000 $0 $777,000
2018 $8,619 $782,100 $0 $782,100
2017 $7,954 $722,400 $0 $722,400
2016 $7,703 $694,000 $0 $694,000
2015 $7,194 $649,300 $0 $649,300
2014 $6,969 $628,400 $0 $628,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71848974

MLS Property Information Network (MLS PIN)

APN: MARB-000131-000019-000005D