$233,000
SOLD MAY 7, 2015

8 Franklin St Unit 16 Marblehead, MA 01945

1 Bed
1 Bath
896 Sq Ft
1900 Built

Recently Sold

$260 Per Sq Ft

3% Below List Price

55 Days on Market

About This Home

As of November 2022

Wake up each morning to a year round water view and ocean breezes! Beautifully renovated 1 bedroom condo in Old Town Marblehead with private outdoor balcony, parking and in unit laundry! This meticulous, newly painted, third floor unit includes wainscotting, hardwood and tile floors, updated bathroom and kitchen and custom built in storage throughout. Bright and sunny unit in the heart of old town- shopping, restaurants, beaches, Fort Sewall, the harbor and more are right outside your door. Pets allowed (with restrictions). Building is professionally managed. Fantastic views of historic old town and the water.

Last Agent to Sell the Property

Lise Danforth

Coldwell Banker Realty - Marblehead Listed on: 03/13/2015

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Brian Skidmore

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,455

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, House of Worship
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Bathroom #1: Third Floor, 7+X5+
  • Kitchen: Third Floor, 9X8
  • Living Room: Third Floor, 17X12
  • Master Bedroom: Third Floor, 17X9+
  • Master Bedroom Description: Closet/Cabinets - Custom Built, Flooring - Wood, Balcony - Exterior, Wainscoting

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Assigned
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: Mary Alley Condominiums
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 22
  • Unit Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Nov 16, 2022
Sold by
Marcus Sandra
Bought by
Anderson Margaret
Seller's Agent
Holly Cameron
William Raveis R.E. & Home Services
Buyer's Agent
Steven Petruzello
eXp Realty
List Price
$379,000
Sold Price
$332,000
Premium/Discount to List
-$47,000
-12.4%
Views
130
Current Estimated Value
$441,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,459
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Perham Donna M
Bought by
Marcus Sandra

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 7, 2015
Sold by
Girling Kathryn S and Girling Gerard
Bought by
Perham Donna M
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Brian Skidmore
RE/MAX Beacon
List Price
$239,900
Sold Price
$233,000
Premium/Discount to List
-$6,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Ferraresso Ginger and Ferraresso Michael
Bought by
Starzyk Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2000
Sold by
Valeiko Christine J
Bought by
Ferraresso Michael and Mroczkowski Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
Pierce Louise
Bought by
Valeiko Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1991
Sold by
Haley Richard W
Bought by
Pierce Louise
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Condominium Deed $332,000 None Available
Not Resolvable $252,500 --
Not Resolvable $233,000 --
Deed $230,000 --
Deed $172,000 --
Deed $112,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,000 Purchase Money Mortgage
Previous Owner $172,000 Purchase Money Mortgage
Previous Owner $98,000 Purchase Money Mortgage
Previous Owner $81,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $332,000 -2.1% $371 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $339,000 -5.6% $378 / Sq Ft
07/20/2022 07/20/22 Price Changed $359,000 -5.3% $401 / Sq Ft
06/01/2022 06/01/22 For Sale $379,000 +62.7% $423 / Sq Ft
05/07/2015 05/07/15 Sold $233,000 0.0% $260 / Sq Ft
03/20/2015 03/20/15 Off Market $233,000 -- --
03/13/2015 03/13/15 For Sale $239,900 -- $268 / 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 $3,455 $381,800 $0 $381,800
2024 $3,398 $379,200 $0 $379,200
2023 $3,666 $366,600 $0 $366,600
2022 $3,604 $342,600 $0 $342,600
2021 $3,012 $289,100 $0 $289,100
2020 $2,981 $286,900 $0 $286,900
2019 $2,960 $275,600 $0 $275,600
2018 $2,633 $238,900 $0 $238,900
2017 $2,630 $238,900 $0 $238,900
2016 $2,703 $243,500 $0 $243,500
2015 $2,384 $215,200 $0 $215,200
2014 $2,001 $180,400 $0 $180,400
Source: Public Records

Agents Affiliated with this Home

  • Holly Cameron

    Seller's Agent in 2022

    Holly Cameron

    William Raveis R.E. & Home Services

    (561) 703-6664

    14 in this area

    39 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Steven Petruzello

    eXp Realty

    Section Image
  • Lise Danforth

    Seller's Agent in 2015

    Lise Danforth

    Coldwell Banker Realty - Marblehead

    (978) 853-2228

    21 in this area

    40 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    Brian Skidmore

    RE/MAX

    (617) 834-3227

    9 in this area

    13 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71801191

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000016

Massachusetts Essex County Marblehead 01945

8 Franklin St Unit 16, Marblehead, MA

This home is located at 8 Franklin St Unit 16, Marblehead, MA 01945 and is currently priced at $233,000, approximately $260 per square foot. This property was built in 1900. 8 Franklin St Unit 16 is a home located in Essex County with nearby schools including Marblehead High School, Marblehead Community Charter Public School, and Devereux School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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