NOT LISTED FOR SALE

8 High St Unit 3 Marblehead, MA 01945

Estimated Value: $521,000 - $622,090

3 Beds
1 Bath
1,063 Sq Ft
1892 Built

Last Sold March 28, 2014

Last sale price $285,500 $269 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,508/month

29 Days on Market

About This Home

As of March 2014

Beautifully maintained and updated 3 bedroom condo in the heart of Old Town. Walk to all conveniences and enjoy the best that Marblehead has to offer from this top floor penthouse unit of a pristine 3-family home with views of Abbot Hall and peeks of the harbor/lighthouse. Spacious living room, eat-in kitchen, full bath, 3 bedrooms (or 2 bedrooms plus family room with built-ins). The entire building is owner occupied and each unit has 2 car deeded parking. Enjoy the outdoors from the fenced yard (common use) with gas grill and perennial gardens. Recent improvements include new exterior paint, walkway and roof (scheduled to be replaced in May 2014). Drop your bags and move right in to this delightful Old Town gem.

Last Agent to Sell the Property

Cressy Team

Coldwell Banker Realty - Marblehead Listed on: 01/13/2014

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

David Restic

Property Services Network

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,410

Year Built

1892

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1892

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Interior Amenities: French Doors
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wood, Main Level

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Fenced Yard, Garden Area, Gutters, Stone Wall

Garage/Parking

  • Parking: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 5
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Condominium Name: 8 High Street Condominium Trust
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: No
  • No Units: 3
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 28, 2014
Sold by
Cook Declan M and Tremblay Paul
Bought by
Restic-Metcalf Chelsie
Seller's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
Buyer's Agent
David Restic
Property Services Network
List Price
$299,000
Sold Price
$285,500
Premium/Discount to List
-$13,500
-4.52%
Current Estimated Value
$576,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,023
Avg. Annual Appreciation
6.30%
Original Mortgage
$228,400
Outstanding Balance
$173,168
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$403,355

Purchase Details

Closed on
Oct 14, 1997
Sold by
Smith Karl L and Frary Kendra C
Bought by
Cook Declan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1996
Sold by
Rubin Margaret S and Rubin David S
Bought by
Smith Karl L and Frary Kendra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1990
Sold by
Rope Rt
Bought by
Rubin David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
9.61%
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
Restic-Metcalf Chelsie $285,500 --
Cook Declan M $146,500 --
Smith Karl L $139,000 --
Rubin David S $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restic-Metcalf Chelsie $228,400
Previous Owner Rubin David S $112,000
Previous Owner Rubin David S $117,200
Previous Owner Rubin David S $125,100
Previous Owner Rubin David S $134,100
Closed Rubin David S $14,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $285,500 0.0% $269 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/31/2014 01/31/14 Off Market $285,500 -- --
01/13/2014 01/13/14 For Sale $299,000 -- $281 / 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 $5,410 $597,800 $0 $597,800
2024 $5,413 $604,100 $0 $604,100
2023 $5,269 $526,900 $0 $526,900
2022 $5,313 $505,000 $0 $505,000
2021 $5,189 $498,000 $0 $498,000
2020 $4,486 $431,800 $0 $431,800
2019 $4,085 $380,400 $0 $380,400
2018 $4,192 $380,400 $0 $380,400
2017 $3,304 $300,100 $0 $300,100
2016 $3,037 $273,600 $0 $273,600
2015 $2,861 $258,200 $0 $258,200
2014 $2,743 $247,300 $0 $247,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71622480

MLS Property Information Network (MLS PIN)

APN: MARB-000150-000076-000003