NOT LISTED FOR SALE

87 Lafayette St Marblehead, MA 01945

Estimated Value: $1,039,460 - $1,239,000

3 Beds
2.5 Baths
2,348 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $955,000 $407 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,558/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Air
  • Marblehead High School Rated A-
  • No HOA
  • 1-minute walk to Glabicky Field

About This Home

As of May 2023

Welcome to 87 Lafayette, a charming 3-bedroom, 2.5 bathroom center entrance colonial home with timeless appeal. The inviting main level features a spacious living room, perfect for relaxing or entertaining guests, a dining room located just off the kitchen which provides ample space for meals or dinner parties, and a kitchen that boasts plenty of counter space and modern appliances, making it a dream for any home cook. Off the spacious kitchen are sliding doors to a deck and patio overlooking the large and private fenced in backyard. Upstairs the main bedroom features a newly renovated en-suite and plenty of closet space. The other 2 nicely sized bedrooms share an additional bathroom. Additional highlights of this home are central air conditioning, a one car garage, and a convenient location to playgrounds, Glover School, Salem and Swampscott.

Last Agent to Sell the Property

Brandon Collins

William Raveis R.E. & Home Services Listed on: 03/13/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Team Zabar-Shulkin

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1938

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned SR

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,348 Sq Ft Home
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M:0053 B:0040 L:0,2021823

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,149

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1938
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Finished
  • Living Area: 2348
  • MAIN LO: M59500
  • MAIN SO: AN4471

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0053 B:0040 L:0,2021823
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7149

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 12, 2023
Sold by
Ladd George C and Ladd Kelly M
Bought by
Brown Hannah and Schiano Michael
Seller's Agent
Brandon Collins
William Raveis R.E. & Home Services
Buyer's Agent
Team Zabar-Shulkin
Sagan Harborside Sotheby's International Realty
List Price
$899,000
Sold Price
$955,000
Premium/Discount to List
$56,000
6.23%
Views
90
Current Estimated Value
$1,124,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,615
Avg. Annual Appreciation
6.36%
Original Mortgage
$764,000
Outstanding Balance
$740,823
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,792

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 25, 2020
Sold by
Vaucher Marc E
Bought by
Ladd George C and Ladd Kelly M
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Brandon Collins
William Raveis R.E. & Home Services
List Price
$679,000
Sold Price
$700,000
Premium/Discount to List
$21,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$599,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Tramo Mark J
Bought by
Vaucher Marc E

Purchase Details

Closed on
Apr 30, 2002
Sold by
Dicenso David A and Dicenso Kathleen M
Bought by
Tramo Mark J

Purchase Details

Closed on
Apr 30, 1999
Sold by
Chapman William D and Chapman Elizabeth A
Bought by
Dicenso David A and Dicenso Kathleen M

Purchase Details

Closed on
Aug 19, 1993
Sold by
Dusenberry Thomas R and Dusenberry Deborah
Bought by
Chapman William D and Chapman Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Hannah $955,000 None Available
Ladd George C $700,000 None Available
Vaucher Marc E $431,000 --
Vaucher Marc E $431,000 --
Tramo Mark J $449,000 --
Tramo Mark J $449,000 --
Dicenso David A $315,000 --
Dicenso David A $315,000 --
Chapman William D $212,000 --
Chapman William D $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Hannah $764,000
Previous Owner Ladd George C $599,000
Previous Owner Chapman William D $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $955,000 +6.2% $407 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $899,000 +28.4% $383 / Sq Ft
07/31/2020 07/31/20 Sold $700,000 +3.1% $298 / Sq Ft View Prior Sale
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $679,000 -- $289 / 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 $8,123 $897,600 $530,000 $367,600
2024 $7,467 $833,400 $477,000 $356,400
2023 $7,647 $764,700 $477,000 $287,700
2022 $7,149 $679,600 $397,500 $282,100
2021 $6,476 $621,500 $371,000 $250,500
2020 $6,370 $613,100 $397,500 $215,600
2019 $6,211 $578,300 $371,000 $207,300
2018 $5,935 $538,600 $331,300 $207,300
2017 $5,346 $485,600 $278,300 $207,300
2016 $5,096 $459,100 $251,800 $207,300
2015 $5,233 $472,300 $265,000 $207,300
2014 $4,842 $436,600 $238,500 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73087092

MLS Property Information Network (MLS PIN)

APN: MARB-000053-000040