NOT LISTED FOR SALE

8 Franklin St Unit 2 Marblehead, MA 01945

Estimated Value: $352,000 - $401,000

1 Bed
1 Bath
606 Sq Ft
1900 Built

Last Sold June 30, 2017

Last sale price $215,000 $355 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,203/month

9 Days on Market

About This Home

As of June 2017

Centrally located In the heart of historic Old Town Marblehead, a short walk to the harbor, beaches - Gracie Olivers and Gas House, restaurants and shops. Private one bedroom, first floor condo with spacious deck - great for entertaining. Large living room and bedroom with high ceilings, hardwood floors throughout and period details like crown molding and chair rails. Separate area for dining or home office and galley kitchen. Enjoy your coffee on your second covered porch. Deeded one car parking. Great for a weekend getaway, simplified independent one-level living or to transition from renting to owning. Condo fee includes heat and hot water. A reasonably priced way to enjoy all that Old Town has to offer.

Last Agent to Sell the Property

Jody Watts

RE/MAX 360 Listed on: 05/16/2017

RE/MAX 360

Last Buyer's Agent

Jacqueline Polimeni

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,852

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Back, Garden
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Doors
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: First Floor
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C58300
  • Main So: K95001

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Composite, Covered Patio/Deck
  • Beach Ownership: Public

Garage/Parking

  • Parking: Deeded, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Mary A. Alley Condominium
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 22
  • Unit Building: 2

Lot Info

  • Assessor Parcel Number: 169 45 2
  • Zoning: CR
  • Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Demario Carol and Vanhorsten Craig
Bought by
Craig J Vanhorsten T
Current Estimated Value
$370,673

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 30, 2017
Sold by
White Julie M
Bought by
Vanhorsten Craig and Demario Carol
Seller's Agent
Jody Watts
RE/MAX 360
Buyer's Agent
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jul 25, 2008
Sold by
Karademos Kristen Lee and Karademos Michael
Bought by
White Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,216
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2005
Sold by
Crawford Christopher L and Crawford Lindy B
Bought by
Karademos Michael and Karademos Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,243
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2001
Sold by
Williams-Larkn Heather and Larkin Paul
Bought by
Crawford Christopher J and Crawford Lindy B

Purchase Details

Closed on
Jul 19, 2000
Sold by
Lubrano Giuseppe and Lubrano Virginia
Bought by
Williams Heather and Larkin Paul

Purchase Details

Closed on
Mar 31, 1998
Sold by
Curran Elizabeth M
Bought by
Lubrano Giuseppe and Lubrano Virginia

Purchase Details

Closed on
Mar 12, 1996
Sold by
Hansen Kathryn Kallas and Coyle Kathryn Kallas
Bought by
Curran Elizabeth M
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 Buyer Sale Price Title Company
Craig J Vanhorsten T -- None Available
Vanhorsten Craig $215,000 --
White Julie M $212,500 --
Karademos Michael $198,150 --
Crawford Christopher J $170,000 --
Williams Heather $139,000 --
Lubrano Giuseppe $106,200 --
Curran Elizabeth M $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curran Elizabeth M $212,338
Previous Owner Curran Elizabeth M $209,216
Previous Owner Curran Elizabeth M $188,243
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $215,000 -6.5% $355 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $230,000 -- $380 / 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 $2,852 $315,100 $0 $315,100
2024 $2,806 $313,200 $0 $313,200
2023 $2,886 $288,600 $0 $288,600
2022 $2,837 $269,700 $0 $269,700
2021 $2,373 $227,700 $0 $227,700
2020 $2,319 $223,200 $0 $223,200
2019 $2,310 $215,100 $0 $215,100
2018 $2,054 $186,400 $0 $186,400
2017 $2,052 $186,400 $0 $186,400
2016 $2,069 $186,400 $0 $186,400
2015 $2,040 $184,100 $0 $184,100
2014 $1,715 $154,600 $0 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72164978

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000002