NOT LISTED FOR SALE

7 Prospect Ct Marblehead, MA 01945

Estimated Value: $459,000 - $500,861

2 Beds
1.5 Baths
922 Sq Ft
$521/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $375,000 $407 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,064/month

6 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Marblehead High School Rated A
  • Property is near public transit
  • 5-minute walk to Seaside Park

About This Home

As of February 2023

Sweat Equity Seekers looking for a Winter Project?? This 2 bedroom 1.5 Bath townhouse is centrally located to Downtown Marblehead offering easy access to shops, parks, beach and restaurants. Some Interior features include hardwood flooring throughout with a brick fireplace in the living room. Unfinished basement awaiting your Personal touches!! Please read Firms Remarks, Proof of funds required with all offers.

Last Agent to Sell the Property

Meghan Maraghy

Listed on: 01/06/2023

Last Buyer's Agent

Beth Jacobs

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1970

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 922 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 1 Car Parking Space
  • Deeded Parking

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Deck
  • End Unit
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2023881

Community Details

Overview

  • Association fees include insurance, ground maintenance, snow removal
  • 12 Units
  • Old Town Condominium Community

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,112

Year Built

Built in 1970

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1970
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: 20
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Disposal,Refrigerator, Tankless Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood, Open Floorplan, Recessed Lighting
  • Basement: Y
  • Living Area: 922
  • Stories Total: 2
  • MAIN LO: AN7081
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 2023881
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4112.27

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jan 11, 2023
Sold by
Federal Natl Mtg Assn
Bought by
Cascade Funding Mtg T
Seller's Agent
Meghan Maraghy
Buyer's Agent
Beth Jacobs
Coldwell Banker Realty - Marblehead
List Price
$375,000
Sold Price
$375,000
Views
189
Current Estimated Value
$479,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,965
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Jan 27, 2003
Sold by
Cyr Hugh H
Bought by
Easthope Carol

Purchase Details

Closed on
Oct 2, 1992
Sold by
The Welch Ft
Bought by
Cyr Hugh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Cascade Funding Mtg T -- None Available
Easthope Carol $275,000 --
Cyr Hugh H $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyr Hugh H $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $375,000 0.0% $407 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $375,000 -- $407 / 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 $3,562 $393,600 $0 $393,600
2024 $3,850 $429,700 $0 $429,700
2023 $4,080 $408,000 $0 $408,000
2022 $4,112 $390,900 $0 $390,900
2021 $3,685 $353,600 $0 $353,600
2020 $3,906 $375,900 $0 $375,900
2019 $3,449 $321,100 $0 $321,100
2018 $2,774 $251,700 $0 $251,700
2017 $2,771 $251,700 $0 $251,700
2016 $2,338 $210,600 $0 $210,600
2015 $2,523 $227,700 $0 $227,700
2014 $2,451 $221,000 $0 $221,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068669

MLS Property Information Network (MLS PIN)

APN: MARB-000115-000007-000007