NOT LISTED FOR SALE

8 Franklin St Unit 19 Marblehead, MA 01945

Estimated Value: $276,000 - $296,000

1 Bed
1 Bath
430 Sq Ft
1900 Built

Last Sold March 07, 2023

Last sale price $199,000 $463 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,769/month

2 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Marblehead High School Rated A
  • Jogging Path
  • 4-minute walk to Fountain Park

About This Home

As of March 2023

Whether looking for a vacation spot or a place to downsize, you can't beat this location. This studio unit has an updated kitchen and separate living and sleeping areas. Marblehead Harbor, Gashouse Beach, adored local restaurants and quaint shops are all around you. Deep into Old Town Marblehead, you'll be surrounded by beautiful antique homes and historic sites. This lower level unit has a separate entrance and a dedicated parking space right outside your door. The condo fee is $258/mo which covers heat, gas, hot water, snow removal, landscaping and exterior maintenance. Pets under 35 lbs allowed. Don't miss this opportunity to own a piece of Marblehead!

Last Listed By

Lise Danforth

Coldwell Banker Realty - Marblehead Listed on: 01/06/2023

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1900

Lot Details

  • Near Conservation Area

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Deeded Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2027282

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 22 Units
  • Mary Alley Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,012

Year Built

Built in 1900

Lot Details

0

Listing Details

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

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Below Grade,Back)
  • Fireplace YN: No
  • Appliances: Range,Disposal,Refrigerator, Gas Water Heater, Utility Connections for Gas Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 430
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 462.79
  • PRICE PER Sq Ft: 462.79
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 285.78
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, University
  • UNIT BUILDING: 19
  • MANAGEMENT: Owner Association

Fee Information

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

Lot Info

  • Parcel Number: 2027282
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 519
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2012
  • Tax Book Number: 38926

Multi Family

  • Number Of Units Total: 22
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
D Lawrence Fadjo 2023 Ret and Fadjo
Bought by
8 Franklin St Marblehead
Total Days on Market
2
Current Estimated Value
$289,256

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 20, 2023
Sold by
Pisa Kelly and Pisa Renzo
Bought by
Fadjo
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
List Price
$199,000
Sold Price
$199,000
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.90%
Original Mortgage
$176,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 4, 2023
Sold by
Carbonneau Jr Donald Est and Ozdiker
Bought by
Pisa Kelly and Pisa Renzo
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
List Price
$199,000
Sold Price
$199,000
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2017
Sold by
Fowler John T Est and Fowler
Bought by
Day John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hersey Keith P and Maier Rebecca P
Bought by
Warren John J and Warren Randi Rome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1997
Sold by
Simpson Jeanetta H and Kelly Thomas R
Bought by
Maier Rebecca P and Hersey Keith P

Purchase Details

Closed on
Oct 27, 1994
Sold by
George Susan
Bought by
Simpson Jeanetta and Kelly Thomas R

Purchase Details

Closed on
Oct 1, 1993
Sold by
Elmer Brumble Rt and Soule Floyd
Bought by
Cudlitz Carl

Purchase Details

Closed on
Feb 5, 1993
Sold by
National Grand Bank
Bought by
Elmer Brumble Rt

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 Buyer Sale Price Title Company
8 Franklin St Marblehead -- None Available
8 Franklin St Marblehead -- None Available
Fadjo $235,000 None Available
L & Yazmin Fadjo 2019 Ret $235,000 None Available
Pisa Kelly $199,000 None Available
Pisa Kelly $199,000 None Available
Day John $120,000 --
Day John $120,000 --
Warren John J $113,000 --
Warren John J $113,000 --
Maier Rebecca P $40,000 --
Maier Rebecca P $40,000 --
Simpson Jeanetta $34,000 --
Simpson Jeanetta $34,000 --
Cudlitz Carl $17,000 --
Cudlitz Carl $17,000 --
Elmer Brumble Rt $10,000 --
Elmer Brumble Rt $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L & Yazmin Fadjo 2019 Ret $176,250
Previous Owner Carbonneau Donald $140,000
Previous Owner Rand K & Linda K Peck Ret $127,500
Previous Owner Day John $90,000
Previous Owner Elmer Brumble Rt $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $199,000 0.0% $463 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $199,000 +7.6% $463 / Sq Ft
09/11/2020 09/11/20 Sold $185,000 -5.1% $430 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/18/2020 07/18/20 Price Changed $195,000 -2.0% $453 / Sq Ft
05/12/2020 05/12/20 For Sale $199,000 0.0% $463 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $199,000 +17.1% $463 / Sq Ft
04/09/2019 04/09/19 Sold $170,000 +9.7% $497 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $155,000 0.0% $453 / Sq Ft
01/01/2018 01/01/18 Rented $1,000 0.0% --
12/07/2017 12/07/17 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $1,000 0.0% --
05/01/2012 05/01/12 Sold $91,500 -3.7% $213 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
01/10/2012 01/10/12 Price Changed $95,000 -4.9% $221 / Sq Ft
10/11/2011 10/11/11 For Sale $99,900 -- $232 / 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 $1,988 $219,700 $0 $219,700
2024 $1,955 $218,200 $0 $218,200
2023 $2,057 $205,700 $0 $205,700
2022 $2,022 $192,200 $0 $192,200
2021 $1,691 $162,300 $0 $162,300
2020 $1,420 $136,700 $0 $136,700
2019 $1,413 $131,600 $0 $131,600
2018 $1,257 $114,100 $0 $114,100
2017 $1,256 $114,100 $0 $114,100
2016 $1,289 $116,100 $0 $116,100
2015 $1,254 $113,200 $0 $113,200
2014 $1,054 $95,000 $0 $95,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068650

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000019