$177,300
SOLD MAR 8, 2024

8 Franklin St Unit 7 Marblehead, MA 01945

-- Bed
1 Bath
419 Sq Ft
$305/mo HOA Fee

Recently Sold

$423 Per Sq Ft

18% Above List Price

5 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Walking Distance to Water
  • Marblehead High School Rated A
  • Jogging Path
  • 4-minute walk to Fountain Park

About This Home

As of April 2025

Bring your imagination! In the heart of Old Town, its close proximity to shops, places of worship, public transportation, restaurants, and the ocean along with the charm of the neighborhood make the location extremely desirable! The space needs love, but has potential to be an absolutely adorable pied-à-terre near the beach. The condo fee covers heat, gas, hot water, snow removal, landscaping, master insurance, alarm system, and exterior maintenance!! Pets under 35 lbs are allowed. 1 car parking (deeded). This unit is located in the Mary Alley Condo Trust. Don't miss this opportunity to own a piece of Marblehead!

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 02/01/2024

RE/MAX Beacon

Co-Listed By

Erica Corrigan

RE/MAX Beacon

Last Buyer's Agent

Graeme Jones

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1900

HOA Fees

  • $305 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 419 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Range
  • Basement

Parking

  • 1 Car Parking Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Walking Distance to Water
  • Near Conservation Area

Listing and Financial Details

  • Assessor Parcel Number M:0169 B:0045 L:7,2027279

Community Details

Overview

  • Association fees include heat, gas, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, reserve funds
  • 24 Units
  • Mid-Rise Condominium

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,017

Year Built

Built in 1900

Lot Details

0

HOA Fees

$305 per month

Listing Details

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

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Living Area: 419
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN8171
  • LIST PRICE PER Sq Ft: 358
  • PRICE PER Sq Ft: 423.15
  • MAIN SO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 304.84
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 7
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0169 B:0045 L:7,2027279
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 490
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2017
  • Tax Book Number: 23446

Multi Family

  • Number Of Units Total: 24
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Mar 26, 2025
Sold by
8 Franklin St Marblehead
Bought by
Zavala Sergio
Seller's Agent
Graeme Jones
Coldwell Banker Realty - Marblehead
Buyer's Agent
North Shore and More Team
eXp Realty
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Views
52
Current Estimated Value
$327,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,516
Avg. Annual Appreciation
-4.63%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Anderson Janine
Bought by
Margolis Tr Harry S

Purchase Details

Closed on
Sep 30, 2004
Sold by
Kanosky Carrie A
Bought by
Anderson Janine

Purchase Details

Closed on
Mar 6, 2003
Sold by
Turner Andrea and Turner Robert C
Bought by
Kanosky Carrie A

Purchase Details

Closed on
Mar 1, 2002
Sold by
Glabau Howard G
Bought by
Turner Andrea C and Turner Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2000
Sold by
Griffel David S
Bought by
Glabau Howard G

Purchase Details

Closed on
Dec 30, 1994
Sold by
Homer Cynthia
Bought by
Griffel David S
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 Type Sale Price Title Company
Condominium Deed $339,000 None Available
Condominium Deed $339,000 None Available
Deed -- --
Deed -- --
Deed $162,000 --
Deed $162,000 --
Deed $121,500 --
Deed $121,500 --
Deed $105,000 --
Deed $105,000 --
Deed $84,900 --
Deed $84,900 --
Deed $60,000 --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,975 Purchase Money Mortgage
Previous Owner $94,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $339,000 0.0% $809 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $339,000 -2.9% $809 / Sq Ft
01/25/2025 01/25/25 For Sale $349,000 0.0% $833 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $349,000 +96.8% $833 / Sq Ft
03/08/2024 03/08/24 Sold $177,300 +18.2% $423 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $150,000 -- $358 / 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 $2,062 $227,800 $0 $227,800
2024 $1,919 $214,200 $0 $214,200
2023 $2,017 $201,700 $0 $201,700
2022 $1,983 $188,500 $0 $188,500
2021 $1,658 $159,100 $0 $159,100
2020 $1,608 $154,800 $0 $154,800
2019 $1,600 $149,000 $0 $149,000
2018 $1,423 $129,100 $0 $129,100
2017 $1,421 $129,100 $0 $129,100
2016 $1,433 $129,100 $0 $129,100
2015 $1,588 $143,300 $0 $143,300
2014 $1,333 $120,200 $0 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73198622

MLS Property Information Network (MLS PIN)

APN: MARB-000169-000045-000007