NOT LISTED FOR SALE

8 Pitman Rd Marblehead, MA 01945

Estimated Value: $855,923 - $1,067,000

3 Beds
3 Baths
1,958 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $459,500 $235 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,473/month

20 Days on Market

About This Home

As of July 2014

Great home ideally located off West Shore Drive features hardwood floors, 3 bedrooms and oversized family room. Windows were recently replaced and exterior paint was completed within last 2 years. Wonderful lush back yard. Located near Gerry playground and Stramski Way beach; a small beach that looks out to the Salem Harbor. Stramski Beach is popular for docking boats, including a row of pram racks for smaller boats; it also features a grassy area just before the beach with several picnic tables/benches. Enjoy this beautiful location, and this stunning home! First showings at Open House this Sunday, May 18th from 12p-2p.

Last Agent to Sell the Property

Paul Herrick

Herrick Lutts Realty Partners Listed on: 05/14/2014

Last Buyer's Agent

Claire Dembowski

RE/MAX 360 License #454000334

RE/MAX 360

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,837

Year Built

1970

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Shopping, Walk/Jog Trails, Medical Facility, Public School
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Basement: Full, Walk Out, Interior Access, Garage Access, Finished
  • Bedroom 2: First Floor, 10X13
  • Bedroom 3: First Floor, 12X10
  • Bathroom #1: First Floor, 5X10
  • Bathroom #2: First Floor, 5X5
  • Kitchen: First Floor, 13X10
  • Laundry Room: Basement, 7X9
  • Living Room: First Floor, 17X17
  • Master Bedroom: First Floor, 14X13
  • Master Bedroom Description: Bathroom - Half, Closet, Flooring - Wood
  • Dining Room: First Floor, 13X10
  • Family Room: Basement, 16X25

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 4
  • Hot Water: Electric, Tankless

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 10, 2014
Sold by
Jon D Papps T
Bought by
Mundo Catherine N
Seller's Agent
Paul Herrick
Herrick Lutts Realty Partners
Buyer's Agent
Claire Dembowski
RE/MAX 360
List Price
$459,500
Sold Price
$459,500
Current Estimated Value
$921,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,731
Avg. Annual Appreciation
6.37%
Original Mortgage
$367,600
Outstanding Balance
$279,581
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$641,650

Purchase Details

Closed on
Sep 14, 2009
Sold by
Papps Jon D and Papps Deborah Collins
Bought by
Papps Tr Jon D
Source: Public Records

Range of Values:

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Average Value
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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
Mundo Catherine N $459,500 --
Papps Tr Jon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papps Tr Jon D $25,000
Open Mundo Catherine N $367,600
Previous Owner Papps Tr Jon D $52,000
Previous Owner Papps Tr Jon D $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $459,500 0.0% $235 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/21/2014 05/21/14 Off Market $459,500 -- --
05/14/2014 05/14/14 For Sale $459,500 -- $235 / 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 $6,837 $755,500 $501,300 $254,200
2024 $6,379 $711,900 $538,900 $173,000
2023 $6,567 $656,700 $470,000 $186,700
2022 $6,296 $598,500 $413,600 $184,900
2021 $6,068 $582,300 $401,000 $181,300
2020 $5,884 $566,300 $388,500 $177,800
2019 $5,812 $541,200 $363,400 $177,800
2018 $5,826 $528,700 $350,900 $177,800
2017 $5,344 $485,400 $313,300 $172,100
2016 $5,109 $460,300 $288,200 $172,100
2015 $4,921 $444,100 $275,700 $168,400
2014 $4,365 $393,600 $238,100 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71681574

MLS Property Information Network (MLS PIN)

APN: MARB-000154-000020