Seller's Agent in 2022
Diane Mayo
Lamacchia Realty, Inc.
(978) 500-0657
1 in this area
47 Total Sales
8 Lee St Marblehead, MA 01945
Estimated Value: $912,000 - $1,118,000
2
Beds
2
Baths
1,527
Sq Ft
$663/Sq Ft
Est. Value
Highlights
- Marina
- Scenic Views
- Property is near public transit and schools
- Marblehead High School Rated A-
- Waterfront
- 1-minute walk to Crocker Park
About This Home
As of April 2022Welcome to Lee Street! Beautiful setting to convert this two unit home back into a single family with a yard in Old Town.This multi family is also being sold with 0 Lee Street, which is a .04 acre lot of undevelopable land, offering a large front yard. This home is 2 units, one on the first floor and one on the second floor. Each unit has 1 bedroom with double closets, 1 full bath with tub/shower combo, spacious living room with large fireplace, and kitchen with gas stove. Hardwood floors throughout and so many opportunities. Located in Old Town, close to shops and restaurants, the Boston Yacht Club, and Crocker Park. Don’t miss the chance to call Marblehead “home”!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,328
Year Built
- Built in 1700
Lot Details
- 2,614 Sq Ft Lot
- Waterfront
- Fenced
- Gentle Sloping Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,527 Sq Ft Home
- Property has 1 Level
- 4 Fireplaces
- Wood Burning Fireplace
- Scenic Vista Views
- Storm Windows
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Block Basement Construction
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating Available
- 60 Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,500
- Tax Block 0072
- Assessor Parcel Number M:0132 B:0072 L:0,2025155
Community Details
Overview
- 2 Units
- Near Conservation Area
Recreation
- Marina
- Park
Building Details
- Net Operating Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2021
Closed on
Apr 25, 2022
Sold by
Marianne Magruder
Bought by
Andrew Maercklein and Andrew Marybeth Maercklein
Seller's Agent
Diane Mayo
Lamacchia Realty, Inc.
Buyer's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
List Price
$899,000
Sold Price
$785,000
Premium/Discount to List
-$114,000
-12.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,797
Avg. Annual Appreciation
6.89%
Original Mortgage
$588,750
Outstanding Balance
$547,650
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$464,147
Purchase Details
Closed on
Dec 27, 2002
Sold by
Eastern Bank&Trust and Vidler Lucreita E
Bought by
Magurder Marianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Andrew Maercklein | $785,000 | None Available | |
| Magurder Marianne | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Andrew Maercklein | $588,750 | |
| Previous Owner | Magurder Marianne | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2022 04/25/22 | Sold | $785,000 | -12.7% | $514 / Sq Ft |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $899,000 | -- | $589 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,176 | $1,013,900 | $850,700 | $163,200 |
| 2024 | $9,472 | $1,057,100 | $914,500 | $142,600 |
| 2023 | $7,176 | $717,600 | $638,000 | $79,600 |
| 2022 | $6,948 | $660,500 | $584,900 | $75,600 |
| 2021 | $6,328 | $607,300 | $531,700 | $75,600 |
| 2020 | $7,587 | $730,200 | $659,300 | $70,900 |
| 2019 | $7,386 | $687,700 | $616,800 | $70,900 |
| 2018 | $6,641 | $602,600 | $531,700 | $70,900 |
| 2017 | $6,518 | $592,000 | $521,100 | $70,900 |
| 2016 | $6,098 | $549,400 | $478,500 | $70,900 |
| 2015 | $6,087 | $549,400 | $478,500 | $70,900 |
| 2014 | $6,075 | $547,800 | $478,500 | $69,300 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Mayo
-
Hilary Foutes
Buyer's Agent in 2022
Hilary Foutes
Sagan Harborside Sotheby's International Realty
(781) 254-3840
14 in this area
53 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72908697
APN: MARB-000132-000072
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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