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108 Elm Street # 2, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$813,000
Est. $4,868/month
3
Beds
2.5
Baths
2,420
Sq Ft
$336
Price/Sq Ft
0.17
Acres
1875
Year Built
6
Days on Market
Closed Listed Sep 3, 2024 • MLS# 73283979 Copied!

About this home

Spacious townhouse in the center of Old Town with many extras including 3 bedrooms, 2 1/2 bathrooms, private deck and parking for 3 cars. Many recent improvements: a renovated 1/2 bathroom, refinished floors, new light fixtures, new paint throughout, new storm windows, new Washer/Dryer and stainless dishwasher. The first floor is open concept with a large foyer, living room, fire-placed dining room/ kitchen combination with stainless appliances, a new half bathroom and a private deck. The second floor has 2 bedrooms, a home office and a full bathroom. The sunny third floor offers a bedroom with skylight and a full bathroom.The lower level has untapped potential, is semi-finished with exposed stone walls and direct access to the back yard. The property offers private outdoor space as well as large common yard.Two townhouse units in the building with separate utilities, the only shared expense is Master Insurance.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1875
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,420 sq ft
Total Rooms
6
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $749,000
Final Sale Price: $813,000
Difference: +$64,000 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $310
Sale $/sq ft: $336
This property sold for $336 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$336/sq ft
Area Average
$419/sq ft
Difference
19.8%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1875
Living Area 2,420 sq ft
Lot Size 0.17 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Electric
Cooling None
Flooring Wood, Tile, Carpet, Flooring - Stone/ceramic Tile, Flooring - Hardwood, Concrete
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Fireplace Dining Room, Kitchen
Fireplaces 1
Basement Y
Laundry Dryer Hookup - Electric, Washer Hookup, Gas Dryer Hookup, In Basement, In Unit, Electric Dryer Hookup
Features Open Floorplan, Entrance Foyer, Home Office

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Deck - Wood, Garden, Screens, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Wood

Parking

Features Off Street, Deeded
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,685
Assessed Value $668,500

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Concrete
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Interior Features: Open Floorplan, Entrance Foyer, Home Office
Windows: Storm Window(s), Screens
Basement: Y
Laundry: Dryer Hookup - Electric, Washer Hookup, Gas Dryer Hookup, In Basement, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1875
Effective Year (Renovated): 1980
Structure Type: Townhouse, Half-Duplex, Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Deck - Wood, Garden, Screens, Rain Gutters
Patio & Porch: Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type: Dining Room, Kitchen
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, University

Location

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Neighborhood

Old Town

108 Elm Street # 2, Marblehead MA 01945

Marblehead, MA 01945

Walkability

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Nearby Schools

School District
Marblehead School District local
A-
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

5 schools
Devereux - Marblehead
1.1 mi
Grades PK-12
Tower School
1.2 mi
Grades PK-08
Epstein Hillel School
1.8 mi
Grades K-08
A
Lucretia and Joseph Brown School
1.1 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
A+
Glover School
1.7 mi | #63 of 824 | Score: 61.5
Improved 47 spots from last year
+3.3 above state avg
318 students Moderate
Rising School Strong Attendance
Grades PK-03
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
0.2 mi | #115 of 352 | Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students Moderate
Rising School Strong Attendance
Grades 04-08
B+
Village School
0.8 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
0.7 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

1 school
A-
Marblehead High School
1.2 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $557
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

7.9%
Price Range
7
Total Days on Market

Property Timeline

Sold
Oct 18, 2024
$813,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Sep 3, 2024
$749,000
Original listing
Agent: Traci Howe Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $749,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$336

Tax History

Year Taxes Assessment
2024 $6,685 $668,500

Financial Details

Annual Property Tax
$6,685
Tax Year 2024
Assessed Value
$668,500

Listing Information

Listing Agent Traci Howe
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID C7505718
Office MLS ID AN4472
Listing Data Updated Oct 18, 2024 10:50 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Marblehead, MA

Real-time market trends and pricing data for this area

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