NOT LISTED FOR SALE

60 Prospect St Marblehead, MA 01945

Estimated Value: $549,000 - $1,301,000

2 Beds
1 Bath
910 Sq Ft
$989/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $430,000 $473 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,107/month

5 Days on Market

Highlights

  • Antique Architecture
  • No HOA
  • Shops
  • Marblehead High School Rated A-
  • Tandem Parking
  • 4-minute walk to Seaside Park

About This Home

As of September 2023

Great opportunity for a contractor & investor. Original structure is 2 bedrooms, 1 bathroom, 910 SF with a concrete basement foundation. This property has not been occupied since 2015 and is condemned by the town. No interior access will be permitted until on or after the sale September 9, 2023. Terrific central location close to downtown Marblehead, baseball field, and Public Schools. Buyer responsible for their own due diligence. Will not qualify for conventional financing, being sold As-Is, CASH - or Rehab Loan only. Property is owned outright by a 3rd party company. Please allow 48 hour response time when presenting an offer.

Last Agent to Sell the Property

Liz Walters

Coldwell Banker Realty - Marblehead Listed on: 05/02/2023

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Liz Walters

Coldwell Banker Realty - Marblehead Listed on: 05/02/2023

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1880

Lot Details

  • 5,749 Sq Ft Lot
  • Level Lot
  • Property is zoned CR

Home Design

  • 910 Sq Ft Home
  • Antique Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Location

  • Property is near schools

Schools

  • Brown Elementary School
  • Village/Vets Middle School
  • Marblehead High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 2023571

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Antique
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 910
  • Spa YN: No
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 2023571
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5749
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5200

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Marblehead High
  • Elementary School: Brown School
  • Middle Or Junior School: Village/Vets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Mpm Companies Llc
Bought by
Maley William
Current Estimated Value
$900,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$744,872
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,277

Purchase Details

Closed on
Sep 19, 2022
Sold by
Patterson Kerri
Bought by
Webster Parking Llc
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
Maley William $1,275,000 None Available
Maley William $1,275,000 None Available
Maley William $1,275,000 None Available
Webster Parking Llc $298,137 None Available
Webster Parking Llc $298,137 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maley William $750,000
Closed Maley William $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $430,000 +1.2% $473 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $425,000 -- $467 / 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 $4,857 $536,700 $529,300 $7,400
2024 $5,953 $664,400 $576,400 $88,000
2023 $5,199 $519,900 $447,000 $72,900
2022 $4,765 $452,900 $382,300 $70,600
2021 $4,676 $448,800 $341,100 $107,700
2020 $5,031 $484,200 $388,200 $96,000
2019 $4,569 $425,400 $329,400 $96,000
2018 $4,558 $413,600 $317,600 $96,000
2017 $4,295 $390,100 $294,100 $96,000
2016 $4,086 $368,100 $270,500 $97,600
2015 $3,949 $356,400 $258,800 $97,600
2014 $3,663 $330,300 $235,300 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73105575

MLS Property Information Network (MLS PIN)

APN: MARB-000110-000039