NOT LISTED FOR SALE

8 Franklin St Unit 6 Marblehead, MA 01945

Estimated Value: $450,000 - $702,000

1 Bed
1 Bath
1,072 Sq Ft
$508/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $270,000 $252 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,267/month

Highlights

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

About This Home

As of May 2021

Unfurnished Rental - (Look for RED dot in aerial photos for location) Top floor 1 Bedroom with over 1,000sf of interior living space, Heat Included, a ~400sf private deck, two car parking and in-unit W/D. Nicely updated kitchen and shower bath, bedroom has walk-in closet. Loft for storage, guest room, or office. Great light throughout the day. Super location, just one block from historic Marblehead Harbor, less than a 1/3 mile walk to the beach, Fort Sewall, the Barnacle Restarant, Crosby’s Food Market, and more. Excellent credit and references needed. First, Last, Security Deposit and agent fee due at Lease signing. No pets preferred, sorry.

Last Agent to Rent the Property

Brian Skidmore

RE/MAX Beacon Listed on: 04/03/2021

RE/MAX Beacon

Last Renter's Agent

Brian Skidmore

RE/MAX Beacon Listed on: 04/03/2021

RE/MAX Beacon

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,333

Year Built

  • 1900

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Year Round Access
  • Deck

Property Details

Property Type

Other

Est. Annual Taxes

$4,333

Year Built

1900

Lot Details

0

Rental Info

  • Available Now: Yes
  • Deposit Required: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Rent Fee Includes: Heat, Hot Water, Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance
  • Sec Deposit: 2000.00

Listing Details

  • Property Type: Residential Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 1.96
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 6
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 4
  • Laundry Features: In Unit
  • Main Lo: AN4471
  • Main So: AN4471
  • Estimated Sq Ft: 1072.00

Exterior Features

  • Beach Miles To: 1/2 to 1 Mile
  • Exterior Features: Deck - Roof

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Oil, Hot Water Baseboard

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, T-Station, University
  • Condo Association: Yes

Tax Info

  • Assessor Parcel Number: 2027281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Sherlock Ventures Llc
Bought by
Witty Jonathan L and Witty Merrill C
Current Estimated Value
$526,171

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
Outstanding Balance
$84,675
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,931

Purchase Details

Closed on
Dec 1, 2021
Sold by
Lion River Properties Llc
Bought by
Sherlock Ventures Llc

Purchase Details

Closed on
Dec 15, 2015
Sold by
Oestreicher Lee D and Miranda-Naon Alejandra
Bought by
Lion River Properties

Purchase Details

Listed on
Jan 28, 2014
Closed on
Jan 27, 2014
Sold by
Gallucci Thomas E and Gallucci Aurise A
Bought by
Oestreicher Lee D
Seller's Agent
Daniel Devan
Gibson Sotheby's International Realty
Buyer's Agent
Daniel Devan
Gibson Sotheby's International Realty
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Jun 3, 2011
Sold by
Rand Daniel M
Bought by
Gallucci Thomas E and Gallucci Aurise A

Purchase Details

Closed on
Jul 9, 2001
Sold by
Rand Gregory
Bought by
Rand Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1995
Sold by
Hansen Harold L
Bought by
Rand Gregory A
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
Witty Jonathan L $392,000 None Available
Sherlock Ventures Llc $392,000 None Available
Lion River Properties -- --
Oestreicher Lee D $270,000 --
Gallucci Thomas E $200,000 --
Rand Daniel M $80,000 --
Rand Gregory A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witty Jonathan L $90,000
Previous Owner Rand Gregory A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2021 05/15/21 Rented $2,175 +3.6% --
05/04/2021 05/04/21 Under Contract -- -- --
04/03/2021 04/03/21 For Rent $2,100 +50.0% --
01/28/2014 01/28/14 Rented $1,400 -6.7% --
01/28/2014 01/28/14 For Rent $1,500 0.0% --
01/27/2014 01/27/14 Sold $270,000 0.0% $252 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
12/20/2013 12/20/13 Off Market $270,000 -- --
12/02/2013 12/02/13 Price Changed $288,500 -3.4% $269 / Sq Ft
11/01/2013 11/01/13 Price Changed $298,500 -8.2% $278 / Sq Ft
10/08/2013 10/08/13 For Sale $325,000 -- $303 / 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 $4,333 $478,800 $0 $478,800
2024 $4,260 $475,500 $0 $475,500
2023 $4,548 $454,800 $0 $454,800
2022 $4,471 $425,000 $0 $425,000
2021 $3,738 $358,700 $0 $358,700
2020 $3,700 $356,100 $0 $356,100
2019 $3,676 $342,300 $0 $342,300
2018 $3,269 $296,600 $0 $296,600
2017 $3,266 $296,600 $0 $296,600
2016 $3,292 $296,600 $0 $296,600
2015 $2,551 $230,200 $0 $230,200
2014 $2,140 $193,000 $0 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72808305

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000006