NOT LISTED FOR SALE

64 Front St Marblehead, MA 01945

Estimated Value: $1,133,434 - $1,266,000

3 Beds
3 Baths
2,376 Sq Ft
$500/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,100,000 $463 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,205/month

18 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Park
  • Marblehead High School Rated A
  • Wood Flooring
  • 2-minute walk to Crocker Park

About This Home

As of September 2023

Out of a long-term ownership, here is a rare opportunity for an investor, developer, or landlord a 3-unit building has separate electric & gas utilities, 3 parking spaces, yard, & storage building. This Old Town property is conveniently located & is adjacent to the Town Landing, Crocker Park, restaurants shopping & bus stops. With the Town Dock & launch service, you can reach your mooring in Marblehead Harbor or put in your kayak. Each unit consists of 1 bedroom, 1 bath, living/dining area. Units 1 & 2 have small side rooms. Unit 1 features a large deck & unit 3 (top floor) has sweeping views of Marblehead Harbor. Large yard with Storage Unit & 3 car parking. Could be utilized in many ways: 3 one bedroom APTs (current use), a duplex & single bedroom unit, a single-family dwelling, condo's or AirBNB. Some renovations are required due to a pipe freeze up. Vacant and ready for your plans. Property is sold in as is, where is condition with no warranties. Buyer to do their due diligence.

Last Listed By

David White

OwnerEntry.com Listed on: 04/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,742

Year Built

  • Built in 1900

Lot Details

  • 4,800

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,376 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck

Additional Features

  • 4,800 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:0148 B:0014 L:0,2025969

Community Details

Recreation

  • Park

Additional Features

  • 3 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,742

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood
  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Disposal,Refrigerator), Unit 3(Range,Dishwasher,Disposal,Refrigerator)
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Living Area: 2376
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3697
  • LIST PRICE PER Sq Ft: 505.05
  • PRICE PER Sq Ft: 462.96
  • MAIN SO: AN3697

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0148 B:0014 L:0,2025969
  • Zoning: H
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4800
  • Lot Size Units: Acres
  • PAGE: 379
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8742
  • Tax Book Number: 23823

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2005
Sold by
Keegan William E
Bought by
Sorgi Lawrence and Sorrentino Elizabeth
Total Days on Market
18
Current Estimated Value
$1,187,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Sorgi Lawrence $800,000 --
Sorgi Lawrence $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pullen Nicola $600,000
Closed Pullen Nicola $600,000
Closed Sorgi Lawrence $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,100,000 -8.3% $463 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,200,000 -- $505 / 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 $10,834 $1,197,100 $758,900 $438,200
2024 $9,188 $1,025,500 $743,000 $282,500
2023 $8,742 $874,200 $640,100 $234,100
2022 $8,316 $790,500 $571,500 $219,000
2021 $8,118 $779,100 $560,100 $219,000
2020 $7,831 $753,700 $548,600 $205,100
2019 $7,726 $719,400 $514,300 $205,100
2018 $7,299 $662,300 $457,200 $205,100
2017 $7,040 $639,400 $434,300 $205,100
2016 $6,590 $593,700 $388,600 $205,100
2015 $6,465 $583,500 $365,800 $217,700
2014 $6,370 $574,400 $365,800 $208,600
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73103648

MLS Property Information Network (MLS PIN)

APN: MARB-000148-000014