$160,000
SOLD OCT 30, 2018

8 Franklin St Unit 18 Marblehead, MA 01945

1 Bed
1 Bath
397 Sq Ft
$231/mo HOA Fee

Recently Sold

$403 Per Sq Ft

11% Below List Price

30 Days on Market

Highlights

  • Tile Flooring
  • Marblehead High School Rated A
  • 4-minute walk to Fountain Park

About This Home

As of August 2022

Have 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

Lise Danforth

Coldwell Banker Realty - Marblehead Listed on: 09/04/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Emily Gaffney

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,085

Year Built

Built in 1900

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 400.50
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 18
  • Unit Level: 1
  • Unit Placement: Below Grade
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 2
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 397.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, House of Worship, University
  • HOA Fees: 230.94
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Mary Alley Condminium

Lot Info

  • Assessments: 115500.00
  • Page: 217
  • Zoning: CR

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 1271.00
  • Assessor Parcel Number: 2027279

Multi Family

  • No Units: 22
  • No Units Owner Occ: 8

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
10.85%

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/05/2025 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

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 $2,085 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72388160

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000018