NOT LISTED FOR SALE

7 Mechanic St Unit 1 Marblehead, MA 01945

Estimated Value: $1,047,000 - $1,697,000

5 Beds
4 Baths
2,553 Sq Ft
$569/Sq Ft Est. Value

About This Home

As of March 2013

Located in the heart of “Old Town Marblehead” this antique has been renovated throughout, combining the original charm and today’s modern conveniences. Enjoy living close to stores, restaurants and the harbor.

Last Agent to Rent the Property

Mary Stewart

Compass Listed on: 12/07/2012

Compass

Last Renter's Agent

Mary Stewart

Compass Listed on: 12/07/2012

Compass

Property Details

Home Type

Other

Est. Annual Taxes

$12,037

Year Built

1784

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Month Req: Yes
  • For Sale: Yes
  • Insurance Required: Yes
  • Last Month Req: Yes
  • Lead Paint: Unknown
  • References Req: Yes
  • Rental Terms: Lease
  • Rent Includes: Parking
  • Security Deposit: 4000.00
  • Term Of Rental: 18
  • Unit In Building: 1
  • Unit Level: 1

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Year Built: 1784

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Private School, Public School

Exterior Features

  • Exterior Features: Deck - Wood, Patio, Gutters, Sprinkler System, Screens, Fenced Yard, Garden Area

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Heating: Gas

Schools

  • Elementary School: Public/Private
  • Middle School: Public/Private
  • High School: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Hinrichsen Jens and Hinrichsen Mona
Bought by
Poitevin Pedro and Teasdale Sarah
Current Estimated Value
$1,451,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Outstanding Balance
$766,640
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$625,201

Purchase Details

Closed on
Jun 23, 2014
Sold by
Larkin Stephen J and Larkin Rachel J
Bought by
Hinrichsen Jens and Hinrichsen Mona

Purchase Details

Closed on
May 26, 2000
Sold by
Humphrey Bruce E and Humphrey Susan D
Bought by
Larkin Stephen J and Larkin Rachel J

Purchase Details

Closed on
Apr 12, 1999
Sold by
Coosa Rt
Bought by
Lebel Sylvain
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Poitevin Pedro $1,080,000 None Available
Hinrichsen Jens $905,000 --
Larkin Stephen J $330,000 --
Larkin Stephen J $330,000 --
Lebel Sylvain $157,500 --
Lebel Sylvain $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poitevin Pedro $864,000
Closed Poitevin Pedro $864,000
Previous Owner Hinrichsen Jens $814,500
Previous Owner Lebel Sylvain $413,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Rented $4,000 0.0% --
02/13/2013 02/13/13 Under Contract -- -- --
12/07/2012 12/07/12 For Rent $4,000 -- --
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 $12,037 $1,330,000 $717,900 $612,100
2024 $11,549 $1,288,900 $717,900 $571,000
2023 $10,754 $1,075,400 $618,500 $456,900
2022 $10,905 $1,036,600 $552,300 $484,300
2021 $10,894 $1,045,500 $541,200 $504,300
2020 $10,779 $1,037,400 $530,200 $507,200
2019 $10,785 $1,004,200 $497,000 $507,200
2018 $10,458 $949,000 $441,800 $507,200
2017 $10,205 $926,900 $419,700 $507,200
2016 $9,798 $882,700 $375,500 $507,200
2015 $9,535 $860,600 $353,400 $507,200
2014 $6,179 $557,200 $353,400 $203,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71463467

MLS Property Information Network (MLS PIN)

APN: MARB-000149-000034