K
Seller's Agent in 2025
Kaitlin Martel
Martel Real Estate
8 Franklin St Unit 18 Marblehead, MA 01945
1
Bed
1
Bath
397
Sq Ft
$231/mo
HOA Fee
Highlights
- Tile Flooring
- Marblehead High School Rated A
- 4-minute walk to Fountain Park
About This Home
As of August 2022Have you ever thought of living on a boat? Then you'll love this cozy little condo adorned with custom light oak woodwork and an incredibly efficient design. This fully remodeled studio unit in the Mary Alley Condominium building includes a fireplace, built-in bookcases, a murphy bed, recessed lighting, tile floors, new windows, built-in AC and in-unit laundry- all meticulously designed into 397 square feet. The space is divided into a living area, full kitchen, dining area and a bathroom. When it's time for bed just pull down the murphy bed for the night. This little gem checks off the boxes! One car parking included. The monthly condo fee of $230 includes your heat and hot water. Perfect for a weekend getaway spot, snow birds or anyone looking to pare down and enjoy life by the harbor and everything historic Marblehead has to offer.
Last Agent to Sell the Property
Coldwell Banker Realty - Marblehead Listed on: 09/04/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,085
Year Built
- Built in 1900
HOA Fees
- $231 per month
Kitchen
- Range
- Microwave
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Tile Flooring
- Year Round Access
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2022
Closed on
Aug 12, 2022
Sold by
Wright Ft 2011
Bought by
Gammons Phillip and Gammons Ruth
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Kaitlin Martel
Martel Real Estate
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Purchase Details
Listed on
Sep 4, 2018
Closed on
Oct 30, 2018
Sold by
Maerz Eileen P
Bought by
Wright Ft 2011
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Purchase Details
Listed on
May 21, 2013
Closed on
Sep 8, 2014
Sold by
Newman Michael S and Newman Linda M
Bought by
Maerz Eileen P
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
List Price
$159,900
Sold Price
$141,000
Premium/Discount to List
-$18,900
-11.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Purchase Details
Closed on
Sep 3, 2008
Sold by
Buchanan Judith L and Buchanan Stephen M
Bought by
Newman Michael S
Purchase Details
Closed on
Jun 27, 2005
Sold by
Gallucci Aurise and Gallucci Thomas E
Bought by
Buchanan Judith L and Buchanan Stephen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2002
Sold by
Durel Thomas J and Taylor Megan J
Bought by
Gallucci Aurise and Gallucci Thomas E
Purchase Details
Closed on
Aug 1, 2000
Sold by
Kelly Nancy M and Kelly Thomas R
Bought by
Durel Thomas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 1999
Sold by
Marblehead Rt and Denegenis Suzanne H
Bought by
Kelly Thomas R and Kelly Ancy M
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 | $226,000 | None Available | |
| Not Resolvable | $160,000 | -- | |
| Deed | $141,000 | -- | |
| Deed | $136,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $117,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $51,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,000 | Purchase Money Mortgage | |
| Previous Owner | $48,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Price Changed | $285,000 | -3.4% | $718 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $295,000 | +30.5% | $743 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $226,000 | +0.4% | $569 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $225,000 | 0.0% | $567 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | For Sale | $225,000 | +40.6% | $567 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $160,000 | +0.6% | $403 / Sq Ft |
| 10/04/2018 10/04/18 | Pending | -- | -- | -- |
| 10/01/2018 10/01/18 | Price Changed | $159,000 | -11.2% | $401 / Sq Ft |
| 09/04/2018 09/04/18 | For Sale | $179,000 | +27.0% | $451 / Sq Ft |
| 09/08/2014 09/08/14 | Sold | $141,000 | 0.0% | $355 / Sq Ft |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- |
| 08/14/2014 08/14/14 | Off Market | $141,000 | -- | -- |
| 05/02/2014 05/02/14 | Price Changed | $144,900 | -3.3% | $365 / Sq Ft |
| 12/06/2013 12/06/13 | Price Changed | $149,900 | -5.1% | $378 / Sq Ft |
| 10/04/2013 10/04/13 | Price Changed | $157,900 | -1.3% | $398 / Sq Ft |
| 05/21/2013 05/21/13 | For Sale | $159,900 | -- | $403 / 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 | $2,085 | $230,400 | $0 | $230,400 |
| 2024 | $2,053 | $229,100 | $0 | $229,100 |
| 2023 | $2,097 | $209,700 | $0 | $209,700 |
| 2022 | $2,061 | $195,900 | $0 | $195,900 |
| 2021 | $1,725 | $165,500 | $0 | $165,500 |
| 2020 | $1,434 | $138,000 | $0 | $138,000 |
| 2019 | $1,432 | $133,300 | $0 | $133,300 |
| 2018 | $1,273 | $115,500 | $0 | $115,500 |
| 2017 | $1,272 | $115,500 | $0 | $115,500 |
| 2016 | $1,303 | $117,400 | $0 | $117,400 |
| 2015 | $1,280 | $115,500 | $0 | $115,500 |
| 2014 | $1,077 | $97,100 | $0 | $97,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller's Agent in 2022
Lise Danforth
Coldwell Banker Realty - Marblehead
-
E
Buyer's Agent in 2018
Emily Gaffney
Coldwell Banker Realty - Marblehead
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72388160
APN: MARB-000169-000045-000018
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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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