NOT LISTED FOR SALE

78 E Orchard St Marblehead, MA 01945

Estimated Value: $1,131,000 - $1,603,000

3 Beds
2 Baths
1,656 Sq Ft
$881/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $665,000 $402 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $8,740/month

57 Days on Market

About This Home

As of July 2015

Goldthwait neighborhood! OVER 1/2 ACRE LOT. Walk to Beaches, harbor, downtown shops & restaurants.Three bedroom Cape with 2 full baths. (1 on each level) Hardwood flooring & wood burning fireplace.Updated kitchen with nine foot beamed ceilings, skylights,Five Star six burner range & double ovens. Kitchen access to Trek deck & beautiful yard with blue stone patio & fire pit, screened in Gazebo, & organic garden. Oversized two car garage with additional parking for 6 cars, plus boat storage.Upgraded utilities include:Burnham forced hot water by gas heating system; stainless steel Super Stor hot water heater & circuit breaker electric panel. State of the Art Basement Technologies system in place & operating. Full basement offers plenty of storage & opportunities for additional finished space. Remarkable sized lot at 29,403 sq. ft. (.67 acres) includes many perennials & mature plantings. Property values ($1,000,000+) in the neighborhood offer room to improve or add on if desired.

Last Agent to Sell the Property

Steven White

William Raveis R.E. & Home Services Listed on: 04/28/2015

William Raveis R.E. & Home Services

Last Buyer's Agent

Joan Regan

Century 21 North East

Century 21 North East

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Hardwood
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Basement: Full, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 12X11
  • Bedroom 3: Second Floor, 15X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 15X13
  • Laundry Room: First Floor
  • Living Room: First Floor, 24X12
  • Master Bedroom: Second Floor, 19X12
  • Master Bedroom Description: Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor, 24X12

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Fenced Yard, Gazebo, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Oil
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 89 26 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jul 9, 2015
Sold by
Spendolini Brian T and Benz Jennifer K
Bought by
Tolan Stephen K
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Joan Regan
Century 21 North East
List Price
$668,500
Sold Price
$665,000
Premium/Discount to List
-$3,500
-0.52%
Current Estimated Value
$1,459,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,541
Avg. Annual Appreciation
7.76%
Original Mortgage
$532,000
Outstanding Balance
$414,537
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,045,004

Purchase Details

Listed on
Feb 29, 2012
Closed on
Jun 7, 2012
Sold by
Beneficial Massachuset
Bought by
Spendolini Brian T
Seller's Agent
Martha Dastous
RE/MAX Bentley's
Buyer's Agent
Phil Bourgeault
Sagan Harborside Sotheby's International Realty
List Price
$519,900
Sold Price
$482,500
Premium/Discount to List
-$37,400
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$473,760
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Snow John P and Snow Milagros J
Bought by
Beneficial Massachuset
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tolan Stephen K $665,000 --
Spendolini Brian T $482,500 --
Beneficial Massachuset $697,812 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolan Stephen K $532,000
Previous Owner Beneficial Massachuset $473,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2015 07/09/15 Sold $665,000 0.0% $402 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
05/04/2015 05/04/15 Off Market $665,000 -- --
04/28/2015 04/28/15 For Sale $668,500 +38.5% $404 / Sq Ft
06/07/2012 06/07/12 Sold $482,500 -3.1% $291 / Sq Ft View Prior Sale
05/09/2012 05/09/12 Pending -- -- --
04/05/2012 04/05/12 Price Changed $497,900 -4.2% $301 / Sq Ft
02/29/2012 02/29/12 For Sale $519,900 -- $314 / 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 $13,290 $1,468,500 $977,300 $491,200
2024 $13,695 $1,528,500 $1,052,500 $476,000
2023 $11,198 $1,119,800 $736,700 $383,100
2022 $11,226 $1,067,100 $691,600 $375,500
2021 $11,066 $1,062,000 $691,600 $370,400
2020 $10,349 $996,100 $646,500 $349,600
2019 $9,593 $893,200 $556,300 $336,900
2018 $9,760 $885,700 $548,800 $336,900
2017 $7,590 $689,400 $541,300 $148,100
2016 $9,520 $857,700 $681,600 $176,100
2015 $8,070 $728,300 $561,300 $167,000
2014 -- $645,100 $481,100 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71825434

MLS Property Information Network (MLS PIN)

APN: MARB-000089-000025