NOT LISTED FOR SALE

8 Ferry Ln Unit 7 Marblehead, MA 01945

Estimated Value: $726,931 - $919,000

2 Beds
2 Baths
1,329 Sq Ft
1947 Built

Last Sold September 09, 2020

Last sale price $587,500 $442 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,865/month

254 Days on Market

Highlights

  • Marina View
  • Wood Flooring
  • Central Air
  • Marblehead High School Rated A
  • Security Service
  • 2-minute walk to Crocker Park

About This Home

As of September 2020

Front row on Marblehead Harbor! This amazing 2 bedroom unit in Tucker's Wharf Condominium Association is impeccable and updated for today's living, ready to move right in. The high-end finishes are obvious throughout including the kitchen, 2 full bathrooms and the built-ins. Imagine waking up and watching the ever-changing sunrise over one of the most beautiful harbors in the world. Watch the daily activity of the waterfront and enjoy the lifestyle of living in Marblehead's renowned Historic District, with the largest concentration of Pre-Revolutionary War homes in the country, amazing shops and dining. The condo includes a great home office space and a very comfortable open floor plan with high ceilings and plenty of windows to enjoy the view. Just outside your front door is your own harbor front patio and additional parking.

Last Agent to Sell the Property

Jack Attridge

William Raveis R.E. & Home Services Listed on: 11/30/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Jack Attridge

William Raveis R.E. & Home Services Listed on: 11/30/2019

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 1947

Property Views

  • Marina
  • Harbor

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Oil Water Heater

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:0148 B:061A L:7

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,178

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 525.96
  • Comp Based On: Net Sale Price
  • Year Built: 1947
  • Lead Paint: Unknown
  • Unit Building: 7
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1947

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Security System
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Ceiling - Vaulted, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access, Recessed Lighting
  • Bedroom 2: On Level: First Floor, Ceiling - Vaulted, Closet, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: First Floor
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Ceiling - Vaulted, Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Exterior Access, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floor Plan, Recessed Lighting
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Ceiling - Vaulted, Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Exterior Access, Open Floor Plan, Recessed Lighting
  • No Living Levels: 3
  • Main Lo: M59500
  • Main So: M59500
  • Estimated Sq Ft: 1329.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Ocean, Harbor
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterfront Flag: Yes
  • Waterview Features: Harbor, Marina
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Wood
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Oil, Hydro Air
  • Hot Water: Oil

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Marina
  • HOA Fees: 535.00
  • Association Fee Includes: Heat, Hot Water, Master Insurance
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: Tucker's Wharf Condominium

Lot Info

  • Assessments: 855900.00
  • Page: 83
  • Parcel Number: M:0148 B:061A L:7
  • Zoning: HIST

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 8893.00
  • Assessor Parcel Number: 2026061

Multi Family

  • No Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2019
Closed on
Sep 4, 2020
Sold by
David Belf Becker Ret
Bought by
Crosby Ft
Seller's Agent
Jack Attridge
William Raveis R.E. & Home Services
Buyer's Agent
Jack Attridge
William Raveis R.E. & Home Services
List Price
$759,000
Sold Price
$587,500
Premium/Discount to List
-$171,500
-22.6%
Current Estimated Value
$820,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,983
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Newhall 2Nd William F and Newhall Suzanne S
Bought by
Suzanne S Newhall Ret and Newhall Suzanne S

Purchase Details

Closed on
Jan 25, 2013
Sold by
Becker David B and Belf-Becker Jackie
Bought by
David B Becker Ret and Becker David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,630
Interest Rate
3.44%

Purchase Details

Closed on
Aug 30, 2007
Sold by
Palmer Noelle
Bought by
Belf-Becker Jackie and Becker David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Crosby Ft $587,500 None Available
Suzanne S Newhall Ret -- --
David B Becker Ret -- --
Belf-Becker Jackie $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belf-Becker Jackie $337,630
Previous Owner Belf-Becker Jackie $380,000
Previous Owner Belf-Becker Jackie $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $587,500 -16.0% $442 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $699,000 -6.7% $526 / Sq Ft
06/17/2020 06/17/20 Price Changed $749,000 -1.3% $564 / Sq Ft
06/01/2020 06/01/20 For Sale $759,000 +29.2% $571 / Sq Ft
05/30/2020 05/30/20 Off Market $587,500 -- --
02/11/2020 02/11/20 Price Changed $759,000 -1.3% $571 / Sq Ft
01/31/2020 01/31/20 For Sale $769,000 0.0% $579 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
11/30/2019 11/30/19 For Sale $769,000 -- $579 / 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 $6,178 $682,700 $0 $682,700
2024 $6,073 $677,800 $0 $677,800
2023 $6,601 $660,100 $0 $660,100
2022 $6,018 $572,100 $0 $572,100
2021 $8,048 $772,400 $0 $772,400
2020 $9,205 $885,900 $0 $885,900
2019 $9,140 $851,000 $0 $851,000
2018 $7,447 $675,800 $0 $675,800
2017 $7,441 $675,800 $0 $675,800
2016 $7,574 $682,300 $0 $682,300
2015 $7,280 $657,000 $0 $657,000
2014 $7,597 $685,000 $0 $685,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72597733

MLS Property Information Network (MLS PIN)

APN: MARB-000148-000061-A000007