8 Franklin St Unit 16 Marblehead, MA 01945
1
Bed
1
Bath
896
Sq Ft
$429/mo
HOA Fee
Highlights
- No Units Above
- Wood Flooring
- Hot Water Heating System
- Marblehead High School Rated A
- Window Unit Cooling System
- 4-minute walk to Fountain Park
About This Home
As of November 2022Your seaside pied-à-terre awaits! Wake up to ocean views from your bedroom and enjoy a cup of coffee on your lovely little private deck! This spacious, one bedroom condo is move in ready and offers great natural light, an updated kitchen and bath, and hardwood floors. Plus, two bonuses hard to find in old town: in unit laundry and off street parking! Conveniently located just steps from nearby shops, restaurants, Marblehead's beautiful harbor, and Gas House Beach!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 06/01/2022
Last Buyer's Agent
Steven Petruzello
eXp Realty License #456016755
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,604
Year Built
- Built in 1900
Lot Details
- No Units Above
HOA Fees
- $429 Monthly HOA Fees
Interior Spaces
- 896 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0045 L:16,2027285
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 22 Units
- Low-Rise Condominium
- Mary Alley Condominium Community
Pet Policy
- Call for details about the types of pets allowed
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,213
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
Similar Home in Marblehead, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2022
Holly Cameron
William Raveis R.E. & Home Services
(561) 703-6664
14 in this area
39 Total Sales
-
S
Buyer's Agent in 2022
Steven Petruzello
eXp Realty
-
Seller's Agent in 2015
Lise Danforth
Coldwell Banker Realty - Marblehead
(978) 853-2228
21 in this area
40 Total Sales
-
B
Buyer's Agent in 2015
Brian Skidmore
RE/MAX
(617) 834-3227
9 in this area
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72990530
APN: MARB-000169-000045-000016
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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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