NOT LISTED FOR SALE
11 Beds
8 Baths
6,584 Sq Ft
3,110 Sq Ft Lot

Sale Details

Date Sold: August 29, 2024

Last sale price $3,025,000 $459 Per Sq Ft

31 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • 4-minute walk to Crocker Park
  • Marblehead High School Rated A-
  • 4 Fireplaces

About This Home

As of August 2024

7-unit multifamily with direct ocean frontage on Marblehead Harbor. Well-maintained, recent improvements, and off-street parking. Excellent opportunity for owner/occupant, condo-conversion, high-end short-term furnished rentals, and more. Very rare opportunity to acquire a water front apartment building in an outstanding North Shore community. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

Last Agent to Sell the Property

Carl Christie

Carl Christie Listed on: 03/11/2024

Last Buyer's Agent

Haley Paster Scimone

Gibson Sotheby's International Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,276

Year Built

  • Built in 1936

Lot Details

  • 3,110 Sq Ft Lot
  • Waterfront

Parking

  • 8 Car Parking Spaces

Property Views

  • Ocean
  • Harbor
  • Scenic Vista

Home Design

  • Stone Foundation

Interior Spaces

  • 6,584 Sq Ft Home
  • 4 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Mooring

Listing and Financial Details

  • Total Actual Rent $18,673
  • Assessor Parcel Number 2026028

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Operating Expense $72,041
  • Net Operating Income $152,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,276

Year Built

Built in 1936

Lot Details

3,110 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1936
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 4
  • Total Bedrooms: 11
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full
  • Living Area: 6584
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN6071
  • MAIN SO: AN4471

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Dock/Mooring, Frontage, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2026028
  • Zoning: 111
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3110
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 28276

Multi Family

  • Net Operating Income: 152039
  • Number Of Units Total: 7
  • Operating Expense: 72041
  • Total Actual Rent: 18673
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
  • Waterview: Dock/Mooring, Harbor, Ocean

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

Closed on
Mar 16, 2026
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2026
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2025
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2025
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2024
Closed on
Aug 29, 2024
Sold by
Bought by
Seller's Agent
Carl Christie
Carl Christie
Buyer's Agent
Haley Paster Scimone
Gibson Sotheby's International Realty
List Price
$3,250,000
Sold Price
$3,025,000
Premium/Discount to List
-$225,000
-6.92%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,518,750
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 23, 2018
Closed on
Aug 22, 2018
Sold by
Bought by
Seller's Agent
David Hark
The Drumlin Group Inc.
Buyer's Agent
Kathy Sullivan
RE/MAX Beacon
List Price
$2,900,000
Sold Price
$2,620,000
Premium/Discount to List
-$280,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Dec 1, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$815,000 --
$2,100,000 --
-- --
-- --
$1,425,000 --
$1,350,000 --
$712,000 --
$700,000 --
$3,025,000 None Available
$2,620,000 --
$1,338,500 --
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
Previous Owner $487,000
Previous Owner $3,518,750
Previous Owner $1,170,000
Previous Owner $500,000
Previous Owner $1,440,000
Previous Owner $669,000
Previous Owner $477,000
Previous Owner $400,000
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
08/29/2024 08/29/24 Sold $3,025,000 -6.9% $459 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $3,250,000 +24.0% $494 / Sq Ft
08/22/2018 08/22/18 Sold $2,620,000 -9.7% $398 / Sq Ft View Prior Sale
06/09/2018 06/09/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $2,900,000 0.0% $440 / Sq Ft
11/28/2014 11/28/14 Rented $3,000 -6.3% --
10/29/2014 10/29/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $3,200 -- --
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 $34,652 $3,828,900 $2,113,500 $1,715,400
2024 $29,907 $3,337,800 $2,113,500 $1,224,300
2023 $27,962 $2,796,200 $1,625,800 $1,170,400
2022 $28,276 $2,687,800 $1,517,400 $1,170,400
2021 $25,974 $2,492,700 $1,322,300 $1,170,400
2020 $25,654 $2,469,100 $1,463,200 $1,005,900
2019 $25,414 $2,366,300 $1,430,700 $935,600
2018 $18,398 $1,669,500 $1,170,600 $498,900
2017 $17,760 $1,613,100 $1,121,800 $491,300
2016 $17,905 $1,613,100 $1,121,800 $491,300
2015 $18,091 $1,632,800 $1,170,600 $462,200
2014 $18,055 $1,628,000 $1,170,600 $457,400
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73210785

MLS Property Information Network (MLS PIN)
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