Rachel Hillman Foy
Hillman Homes
(774) 806-8325
138 Total Sales
1 in Marblehead
$640,000 Price
9 State St Marblehead, MA 01945
Marblehead AreaEstimated Value: $1,869,031
6
Beds
6.5
Baths
6,104
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Jogging Path
- Marblehead High School Rated A-
- Wood Flooring
- 3-minute walk to Crocker Park
About This Home
As of March 20239 State Street, often referred to as "The Oakum Bay Building", consists of a combination of one bedroom and studio rental units plus the offices, workshops, and the third floor loft workshop previously used for Ralph Hulsman's boat canvas company. The building is well located on State Street, less than 1/8th of a mile to the harbor and in the center of the downtown commercial area. The driveway widens in the rear of the building offering parking space for many of the tenants. There is also a 2-car garage that is currently rented @ $200/month. Several of the tenants are long standing residents, attesting to the value of the location. The building was built in the late 1700's, quite possibly as a single family home, and still retains some of the charm of that era-starting with the well worn front wide pine steps. There are 2 gas heating systems, FHA and FHW (2021- Navian), a 75 gallon gas hot water tank, and three circuit breaker electrical boards. The roof was replaced in 2017.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,727
Year Built
- Built in 1770
Lot Details
- 5,104 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- 6,104 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Basement
- Partial Basement
- Interior Basement Entry
Schools
- Public/Private Elementary And Middle School
- Public High School
Utilities
- No Cooling
- Heating Available
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Range Hood
- Rain Gutters
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $5,050
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
- Assessor Parcel Number 2026155
Community Details
Overview
- 6 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $6,000
- Insurance Expense $5,200
- Water Sewer Expense $4,800
- Operating Expense $23,200
- Net Operating Income $86,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2022
Closed on
Mar 6, 2023
Sold by
Bought by
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$1,695,000
Sold Price
$1,525,000
Premium/Discount to List
-$170,000
-10.03%
Views
60
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
$344,031
Avg. Annual Appreciation
6.15%
Original Mortgage
$1,143,750
Outstanding Balance
$1,094,773
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$774,258
Purchase Details
Listed on
Oct 23, 2021
Closed on
Nov 23, 2021
Sold by
Bought by
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Eleanor Dubin
Coldwell Banker Realty - Marblehead
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$1,111,500
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 19, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marblehead, MA
-
Rachel Hillman Foy
-
Laurie Cappuccio
Laurie Cappuccio
(978) 705-5656
81 Total Sales
1 in Marblehead
$635,000 Price
-
Margaret Belmonte
Margaret Belmonte
Leading Edge Real Estate
(351) 208-9854
40 Total Sales
1 in Marblehead
$781,000 Price
-
The Baker Team .
The Baker Team .
Keller Williams Realty
(781) 661-5797
98 Total Sales
2 in Marblehead
$1,800,000 Price Range
-
Carol St. Pierre
Carol St. Pierre
Tache Real Estate, Inc.
(781) 776-5893
40 Total Sales
1 in Marblehead
$1,100,000 Price
-
Diane Cadogan Hughes
Diane Cadogan Hughes
Barrett Sotheby's International Realty
(781) 776-5452
73 Total Sales
1 in Marblehead
$768,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,525,000 | None Available | ||
| $1,400,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,143,750 | ||
| Previous Owner | $1,111,500 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $310,000 | ||
| Previous Owner | $40,000 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $278,000 | ||
| Previous Owner | $224,000 | ||
| Previous Owner | $67,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/06/2023 03/06/23 | Sold | $1,525,000 | -10.0% | $250 / Sq Ft | |
| 01/12/2023 01/12/23 | Pending | -- | -- | -- | |
| 12/14/2022 12/14/22 | For Sale | $1,695,000 | +21.1% | $278 / Sq Ft | |
| 11/23/2021 11/23/21 | Sold | $1,400,000 | +8.1% | $229 / Sq Ft | View Prior Sale |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- | |
| 10/23/2021 10/23/21 | For Sale | $1,295,000 | -- | $212 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,480 | $1,489,500 | $704,500 | $785,000 |
| 2024 | $13,117 | $1,464,000 | $679,000 | $785,000 |
| 2023 | $12,210 | $1,221,000 | $585,700 | $635,300 |
| 2022 | $10,727 | $1,019,700 | $551,700 | $468,000 |
| 2021 | $10,048 | $964,300 | $496,300 | $468,000 |
| 2020 | $10,277 | $989,100 | $521,100 | $468,000 |
| 2019 | $10,062 | $936,900 | $496,300 | $440,600 |
| 2018 | $9,960 | $903,800 | $463,200 | $440,600 |
| 2017 | $9,769 | $887,300 | $446,700 | $440,600 |
| 2016 | $10,310 | $928,800 | $446,700 | $482,100 |
| 2015 | $10,019 | $904,200 | $446,700 | $457,500 |
| 2014 | $9,756 | $879,700 | $446,700 | $433,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Stewart
M
Seller's Agent in 2023
Mary Stewart
Compass
(781) 820-5676
134 Total Sales
-
Mitch Levine
Buyer's Agent in 2023
Mitch Levine
RE/MAX
(781) 883-6460
33 Total Sales
-
E
Buyer's Agent in 2021
Eleanor Dubin
Coldwell Banker Realty - Marblehead
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73065015
APN: MARB-000149-000067
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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