NOT LISTED FOR SALE

5 Taft St Marblehead, MA 01945

Estimated Value: $916,000 - $963,000

4 Beds
2.5 Baths
2,113 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $740,000 $350 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,582/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • No HOA
  • Marblehead High School Rated A
  • Wood Flooring
  • 3-minute walk to Bud Orne Field & Playground

About This Home

As of July 2022

A surprisingly spacious 9 Room Colonial on a great side street! Inviting front to back Living Room with a large picture window overlooking the tree-lined street, hardwood floors & a wood-burning fireplace. The well proportioned Dining Room has great light. Although older, the Kitchen is in remarkably good condition with a deep pantry closet for storage--some updates needed but definitely workable as is! The Sun Room was added in the 1990s and is accessed through the kitchen--it affords a nice, bright additional first-floor living space with direct access to the yard. There are 4 bedrooms all on the 2nd floor and 2.5 baths! The lower level has a large multi-use room to suit whatever your lifestyle demands. This home has been well maintained over the years with the addition of a new gas-fired Navian heating system. You can enjoy the pretty, private yard, the short stroll into town, or---best of all--send the kids to play at the beloved Bud Orne Playground!

Last Agent to Sell the Property

Linda Hayes

William Raveis R.E. & Home Services Listed on: 05/17/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Liz Walters

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,307

Year Built

  • Built in 1968

Lot Details

  • 4,500 Sq Ft Lot
  • Property is zoned SR

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,113 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0137 B:0031 L:0,2025539

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,307

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1968
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Home Office
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Tank Water Heaterless
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - 3/4
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Laminate
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: Basement
  • Room Office Features: Fireplace
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 2113
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 343.11
  • PRICE PER Sq Ft: 350.21
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas, Fireplace(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Park, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0137 B:0031 L:0,2025539
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 417

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6307
  • Tax Book Number: 5531

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 8, 2022
Sold by
Erv T
Bought by
Petelea Iuliana C and Zirin Simon A
Seller's Agent
Linda Hayes
William Raveis R.E. & Home Services
Buyer's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
Current Estimated Value
$931,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,298
Avg. Annual Appreciation
7.35%
Original Mortgage
$592,000
Outstanding Balance
$560,905
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,393

Purchase Details

Closed on
Mar 4, 2016
Sold by
Vandam E Roger and Vandam Edward R
Bought by
Erv T

Purchase Details

Closed on
May 28, 1968
Bought by
Erv T
Source: Public Records

Range of Values:

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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
Petelea Iuliana C $740,000 None Available
Erv T -- --
Erv T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petelea Iuliana C $592,000
Previous Owner Erv T $100,000
Previous Owner Erv T $50,000
Previous Owner Erv T $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $740,000 +2.1% $350 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $725,000 -- $343 / 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 $7,495 $828,200 $509,600 $318,600
2024 $6,860 $765,600 $487,000 $278,600
2023 $6,890 $689,000 $464,300 $224,700
2022 $6,307 $599,500 $379,400 $220,100
2021 $6,037 $579,400 $362,400 $217,000
2020 $5,963 $573,900 $362,400 $211,500
2019 $5,714 $532,000 $328,400 $203,600
2018 $5,614 $509,400 $305,800 $203,600
2017 $5,234 $475,400 $271,800 $203,600
2016 $5,113 $460,600 $260,500 $200,100
2015 $5,029 $453,900 $249,100 $204,800
2014 $4,535 $408,900 $215,200 $193,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72982953

MLS Property Information Network (MLS PIN)

APN: MARB-000137-000031