NOT LISTED FOR SALE

8 Franklin St Unit 6A Marblehead, MA 01945

Estimated Value: $306,000 - $375,000

1 Bed
1 Bath
402 Sq Ft
1900 Built

Last Sold March 08, 2017

Last sale price $160,000 $398 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,062/month

151 Days on Market

About This Home

As of March 2017

Centrally located in Old Town Marblehead around the corner from the harbor, walking distance to Grace Olivers and Gas House Beaches, Crocker Park, Little Harbor (for kayaking and SUP), restaurants, and more, this studio condo is a great opportunity for those looking to transition from renting to ownership or the perfect weekend/vacation getaway for the city dweller. This unit has extra high ceilings, hardwood floors, exposed brick, a private deck to enjoy morning coffee or evening dinner, convenient one-car deeded parking and a condo fee that includes heat and hot water. Live the ultimate Marblehead lifestyle.

Last Agent to Sell the Property

Michael Cannuscio

The Agency Marblehead Listed on: 08/13/2016

Last Buyer's Agent

Susan Brunelli

Coldwell Banker Realty - Westwood

Coldwell Banker Realty - Westwood

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,208

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Back, Ground, Garden
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 2
  • Amenities: Public Transportation, Shopping, Park, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wood
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Deck
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Radiators, Gas
  • 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
  • Pets Allowed: Yes
  • No Units: 22
  • Unit Building: 6A

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Marblehead

Lot Info

  • Assessor Parcel Number: M:0169 B:0045 L:6A
  • Zoning: CR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Day John
Bought by
Veligor June M
Current Estimated Value
$340,106

Purchase Details

Listed on
Aug 13, 2016
Closed on
Mar 8, 2017
Sold by
Picardo Ronald
Bought by
Day John
Seller's Agent
Michael Cannuscio
The Agency Marblehead
Buyer's Agent
Susan Brunelli
Coldwell Banker Realty - Westwood
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$112,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Kanosky Carrie A
Bought by
Picardo Ronald

Purchase Details

Closed on
Oct 22, 2002
Sold by
Frazier Bernard
Bought by
Kanosky Carrie

Purchase Details

Closed on
Jun 1, 2001
Sold by
Burton Wayne M and Burton Elizabeth M
Bought by
Frazier Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1999
Sold by
Leahy Mary L and Homer Cynthia L
Bought by
Burton Wayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Veligor June M $245,000 None Available
Day John $160,000 --
Picardo Ronald $160,000 --
Kanosky Carrie $147,000 --
Frazier Bernard $82,500 --
Burton Wayne M $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Day John $112,000
Previous Owner Burton Wayne M $100,000
Previous Owner Burton Wayne M $74,250
Previous Owner Burton Wayne M $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $160,000 -5.8% $398 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $169,900 +6.2% $423 / Sq Ft
12/31/2016 12/31/16 Off Market $160,000 -- --
12/03/2016 12/03/16 For Sale $169,900 0.0% $423 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $169,900 -- $423 / 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 $2,208 $244,000 $0 $244,000
2024 $2,175 $242,700 $0 $242,700
2023 $2,175 $217,500 $0 $217,500
2022 $2,139 $203,300 $0 $203,300
2021 $1,789 $171,700 $0 $171,700
2020 $1,626 $156,500 $0 $156,500
2019 $1,621 $150,900 $0 $150,900
2018 $1,441 $130,800 $0 $130,800
2017 $1,440 $130,800 $0 $130,800
2016 $1,452 $130,800 $0 $130,800
2015 $1,607 $145,000 $0 $145,000
2014 $1,350 $121,700 $0 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72052932

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000006A