NOT LISTED FOR SALE

8 Mechanic St Marblehead, MA 01945

Estimated Value: $1,051,000 - $1,164,000

3 Beds
2 Baths
1,957 Sq Ft
$557/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $754,000 $385 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,547/month

7 Days on Market

Highlights

  • Marina
  • Medical Services
  • Fireplace in Primary Bedroom
  • Marblehead High School Rated A
  • Waterfront
  • Property is near public transit

About This Home

As of June 2021

Charming antique with 2-car parking, situated in the heart of Old Town! The first floor of this well loved home offers an eat in kitchen, full bath with shower, a dining room that opens into a family room, and a separate, more formal living room that could also be used as a first floor bedroom. The main bedroom on the second floor has beautiful pine floors and decorative molding. Two additional bedrooms, a generous size full bath, and a sunlit laundry room complete the second floor. There is presently one finished room on the third level, with the balance of this space waiting for your finishing creative touches. Put your master bedroom on the 3rd floor and have views of Marblehead Harbor! This home is close to the charming shops and restaurants of Old Town, and also within a short distance of Marblehead Harbor, Gas House Beach, Fort Sewall and Crocker Park. A diamond in the rough!

Last Agent to Sell the Property

Emily Gaffney

Coldwell Banker Realty - Marblehead Listed on: 04/23/2021

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Paul Nameche

Jebb Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,027

Year Built

  • Built in 1728

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Stone Wall
  • Garden
  • Property is zoned Hist

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,957 Sq Ft Home
  • Wainscoting
  • Decorative Lighting
  • Light Fixtures
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Linen Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Coffin Elementary School
  • Veterans Middle School
  • MHS High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 149 36,2026110

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,027

Year Built

Built in 1728

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Antique
  • Year Built: 1728
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Pine, Wood Laminate
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Balcony - Exterior, Lighting - Overhead
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet - Linen, Flooring - Hardwood, Lighting - Sconce
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Room Dining Room Features: Closet, Flooring - Laminate, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Closet, Flooring - Laminate
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Flooring - Laminate, Pantry, Countertops - Stone/Granite/Solid, Exterior Access
  • Laundry Features: Closet - Linen, Flooring - Vinyl, Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, Beadboard, Second Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Lighting - Sconce
  • Basement: Walk-Out Access, Dirt Floor, Unfinished
  • Accessibility Features: No
  • Living Area: 1957
  • Window Features: Storm Window(s), Screens
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 372.51
  • PRICE PER Sq Ft: 385.28
  • MAIN SO: AN1871

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Garden, Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 85
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, University

Lot Info

  • Parcel Number: 149 36,2026110
  • Zoning: Hist
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 3049
  • PAGE: 424

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8027
  • Tax Book Number: 24521

MLS Schools

  • High School: Mhs
  • Elementary School: Coffin
  • Middle Or Junior School: Veterans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 9, 2021
Sold by
Prohaska Amy J and Prohaska John D
Bought by
Donovan Dakota and Donovan Raymond Anthony
Seller's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
Buyer's Agent
Paul Nameche
Jebb Realty, LLC
List Price
$729,000
Sold Price
$754,000
Premium/Discount to List
$25,000
3.43%
Current Estimated Value
$1,090,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,786
Avg. Annual Appreciation
9.16%
Original Mortgage
$678,600
Outstanding Balance
$621,038
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,090

Purchase Details

Closed on
May 30, 2000
Sold by
Disend Donna L
Bought by
Rickards Reese B and Arden-Rickard Eliabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Donovan Dakota $754,000 None Available
Rickards Reese B $749,900 --
Rickards Reese B $749,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Dakota $678,600
Closed Donovan Dakota $678,600
Previous Owner Rickards Reese B $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $754,000 +3.4% $385 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $729,000 0.0% $373 / Sq Ft
11/24/2018 11/24/18 Rented $2,500 -10.7% --
10/19/2018 10/19/18 For Rent $2,800 +7.7% --
07/11/2017 07/11/17 Rented $2,600 +4.0% --
07/10/2017 07/10/17 Under Contract -- -- --
06/30/2017 06/30/17 For Rent $2,500 -- --
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 $9,172 $1,013,500 $703,100 $310,400
2024 $8,870 $989,900 $703,100 $286,800
2023 $8,304 $830,400 $605,800 $224,600
2022 $8,218 $781,200 $540,900 $240,300
2021 $8,028 $770,400 $530,100 $240,300
2020 $7,443 $716,400 $519,200 $197,200
2019 $7,346 $684,000 $486,800 $197,200
2018 $6,941 $629,900 $432,700 $197,200
2017 $6,697 $608,300 $411,100 $197,200
2016 $6,272 $565,000 $367,800 $197,200
2015 $6,018 $543,100 $346,200 $196,900
2014 $5,936 $535,300 $346,200 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72819719

MLS Property Information Network (MLS PIN)

APN: MARB-000149-000036