NOT LISTED FOR SALE

8 Franklin St Unit 1 Marblehead, MA 01945

Estimated Value: $281,000 - $296,000

1 Bed
1 Bath
425 Sq Ft
$244/mo HOA Fee

Last Sold October 18, 2017

Last sale price $155,000 $365 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,949/month

14 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Window Unit Cooling System
  • Marblehead High School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Fountain Park

About This Home

As of October 2017

Wonderful opportunity in Old Town Marblehead. This 2 room studio offers a fully applianced separate kitchen as well as an additional small space that could be used for storage or more living space. The main room is spacious enough for a bed, desk and sitting area - there are many possibilities. This condominium features high ceilings, has been freshly painted inside, has a window air conditioner and is conveniently located in the front of the building on the first floor. The condo fee includes heat and hot water and the unit offers one car deeded parking and is located near shopping, Grace Olivers and Gas House beaches, restaurants, public transportation and much more.

Last Agent to Sell the Property

Stephanie Moio

William Raveis R.E. & Home Services Listed on: 09/06/2017

William Raveis R.E. & Home Services

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1900

HOA Fees

  • $244 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 425 Sq Ft Home
  • 1-Story Property
  • Insulated Windows

Kitchen

  • Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Utilities

  • Window Unit Cooling System
  • Central Heating
  • 1 Heating Zone
  • Hot Water Heating System

Additional Features

  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2027278

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 22 Units
  • Mary A. Alley Condominium Community

Amenities

  • Shops

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,438

Year Built

Built in 1900

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Disposal,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet
  • Living Area: 425
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 388.24
  • PRICE PER Sq Ft: 364.71
  • MAIN SO: C77800

Exterior Features

  • Construction Materials: Frame
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central, Hot Water
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 243.65
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 2027278
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 34

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1438
  • Tax Book Number: 19465

Multi Family

  • Number Of Units Total: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Scimone Branden and Paster Haley S
Bought by
Bhns Llc
Current Estimated Value
$289,751

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 18, 2017
Sold by
Zampino Adam D and Foss-Zampino Michelle C
Bought by
Scimone Branden and Paster Haley
Seller's Agent
Stephanie Moio
William Raveis R.E. & Home Services
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$116,250
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bhns Llc -- --
Scimone Branden $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scimone Branden $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $155,000 -6.1% $365 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/16/2017 09/16/17 Price Changed $165,000 -5.7% $388 / Sq Ft
09/05/2017 09/05/17 For Sale $175,000 -- $412 / 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 $2,028 $224,100 $0 $224,100
2024 $1,995 $222,700 $0 $222,700
2023 $2,086 $208,600 $0 $208,600
2022 $2,050 $194,900 $0 $194,900
2021 $1,715 $164,600 $0 $164,600
2020 $1,647 $158,500 $0 $158,500
2019 $1,639 $152,600 $0 $152,600
2018 $1,439 $130,600 $0 $130,600
2017 $1,438 $130,600 $0 $130,600
2016 $1,450 $130,600 $0 $130,600
2015 $1,317 $118,900 $0 $118,900
2014 $1,107 $99,800 $0 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Moio

    Seller's Agent in 2017

    Stephanie Moio

    William Raveis R.E. & Home Services

    (978) 248-8657

    10 in this area

    32 Total Sales

    Stephanie Moio
    Section Image
  • Haley Paster Scimone

    Buyer's Agent in 2017

    Haley Paster Scimone

    Sagan Harborside Sotheby's International Realty

    (781) 367-5523

    68 in this area

    104 Total Sales

    Haley Paster Scimone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72223223

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000001

Massachusetts Essex County Marblehead 01945

8 Franklin St Unit 1, Marblehead, MA

This home is located at 8 Franklin St Unit 1, Marblehead, MA 01945 since 06 September 2017 and is currently estimated at $289,751, approximately $681 per square foot. This property was built in 1900. 8 Franklin St Unit 1 is a home located in Essex County with nearby schools including Marblehead High School, Marblehead Community Charter Public School, and Devereux School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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