NOT LISTED FOR SALE

8 Selman St Marblehead, MA 01945

Estimated Value: $963,000 - $1,238,000

3 Beds
3 Baths
1,790 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $810,000 $453 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,380/month

14 Days on Market

Highlights

  • Harbor Views
  • Wood Flooring
  • 4-minute walk to Fort Sewall
  • Marblehead High School Rated A-
  • Balcony

About This Home

As of May 2021

Looking for a well-located property in Old Town with some water views?  Well, look no further. This 3-story building is currently zoned as a multi-family but has potential to convert back to it's former Single Family status (at buyer's due diligence with zoning approval). Situated just a stone's throw away from beautiful Marblehead Harbor and walking distance to all Old Town shops and restaurants as well as the bus line for easy commuting in and out of town. This fabulous property boasts 3 floors with three (1) bedroom apartments on each level including a living room, kitchen, full bath and private exterior balcony off the back bedroom on each floor. Walk across the street for dinner, kayak from the beach, enjoy Fort Sewall park and so much more. Long-term, reliable tenants on month-to-month lease agreements with 1-car parking for each unit, common washer/dryer, a shared driveway and shared garage with the neighbor at 10 Selman St.

Last Agent to Sell the Property

Cressy Team

Coldwell Banker Realty - Marblehead Listed on: 03/30/2021

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Conrad Rousseau

Conrad E. Rousseau III

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1870

Lot Details

  • Year Round Access
  • Property is zoned HIST

Parking

  • 1 Car Garage

Property Views

  • Harbor Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Radiator
  • Heating System Uses Oil
  • Water Holding Tank

Additional Features

  • Basement

Home Details

Home Type

Single Family

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Antique
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 474.86
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1870

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • No Bedrooms: 3
  • Full Bathrooms: 3
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: C95243
  • Main So: NB3667
  • Estimated Sq Ft: 1790.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Harbor
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Balcony, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 60 Amps/Less
  • Heating: Hot Water Radiators, Oil
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School

Lot Info

  • Assessments: 830400.00
  • Acre: 0.06
  • Lot Size: 2613.00
  • Page: 586
  • Zoning: HIST
  • Lot Description: Easements, Shared Drive, Level, Scenic View(s)

Tax Info

  • Taxes: 8653.00
  • Assessor Parcel Number: 2027213
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 28, 2021
Sold by
Buell David D and Buell Jeffrey T
Bought by
Dunne Conor O
Seller's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
Buyer's Agent
Conrad Rousseau
Conrad E. Rousseau III
List Price
$899,000
Sold Price
$810,000
Premium/Discount to List
-$89,000
-9.9%
Current Estimated Value
$1,086,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,947
Avg. Annual Appreciation
6.53%
Original Mortgage
$648,000
Outstanding Balance
$585,065
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,882

Purchase Details

Closed on
Sep 29, 2015
Sold by
Buell Ft
Bought by
Buell David D and Buell Jeffrey T

Purchase Details

Closed on
Apr 14, 2009
Sold by
Buell David Dutton
Bought by
Buell Tr David Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dunne Conor O $810,000 None Available
Dunne Conor O $810,000 None Available
Buell David D -- --
Buell David D -- --
Buell David D -- --
Buell Tr David Douglas -- --
Buell Tr David Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunne Conor O $648,000
Closed Dunne Conor O $648,000
Previous Owner Buell Tr David Douglas $100,000
Previous Owner Buell Tr David Douglas $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $810,000 -4.7% $453 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $850,000 -5.5% $475 / Sq Ft
03/30/2021 03/30/21 For Sale $899,000 -- $502 / 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 $9,030 $997,800 $693,600 $304,200
2024 $8,239 $919,500 $693,600 $225,900
2023 $8,095 $809,500 $597,500 $212,000
2022 $8,465 $804,700 $533,500 $271,200
2021 $8,653 $830,400 $522,900 $307,500
2020 $8,171 $786,400 $512,200 $274,200
2019 $8,203 $763,800 $480,200 $283,600
2018 $7,829 $710,400 $426,800 $283,600
2017 $7,509 $682,000 $405,500 $276,500
2016 $7,123 $641,700 $362,800 $278,900
2015 $6,107 $551,200 $341,500 $209,700
2014 $6,041 $544,700 $341,500 $203,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72805961

MLS Property Information Network (MLS PIN)

APN: MARB-000167-000037