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40-R Prospect St # 40R, Marblehead MA 01945

Marblehead, MA 01945
$459,900
Est. $3,058/month
2
Beds
1
Baths
590
Sq Ft
$779
Price/Sq Ft
1920
Year Built
Condominium
Type
5 hours 15 minutes
Time on Market
Active Open House Listed Apr 29, 2026 • MLS# 73508871 Copied!

About this home

Welcome to one of Marblehead’s best-kept secrets. This ideally located, single-level, two-bedroom condominium in the heart of downtown offers a low-maintenance lifestyle with a private entrance, patio, and lush garden setting. The home features hardwood floors, a fireplaced living and dining area, in-unit laundry, and ample storage. Enjoy the perfect blend of modern convenience and old-world charm, along with two-car parking. This special opportunity is perfect as a year-round residence or care-free retreat near the harbor, beaches, shopping, and restaurants. Enjoy the best of the costal community of Marblehead.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
590 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Open House Schedule

02
May
Saturday, May 2
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 590 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Fenced Yard, Garden, Stone Wall
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Patio

Parking

Features Off Street, Assigned, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,027
Assessed Value $470,500

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard, Garden, Stone Wall
Patio & Porch: Patio
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House of Worship, Marina

Location

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Neighborhood

40-R Prospect St # 40R, 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
0.6 mi
Grades PK-12
Tower School
0.8 mi
Grades PK-08
Epstein Hillel School
1.3 mi
Grades K-08
A
Lucretia and Joseph Brown School
0.7 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
1.3 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+
Village School
0.6 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
B+
Marblehead Community Charter Public School
0.7 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
A-
Marblehead Veterans Middle School
0.2 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
0.7 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $336
Homeowners Insurance $200
HOA Fee $197/mo
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

Property Timeline

🏠
Listed for Sale
Apr 29, 2026
$459,900
Original listing
Agent: Zoe Karademos Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Apr 29, 2026 New Listing Added $459,900 —

Market Statistics

Time on Market
5 hours 15 minutes
Price per Sq Ft
$779

Tax History

Year Taxes Assessment
2026 $4,027 $470,500

Financial Details

Annual Property Tax
$4,027
Tax Year 2026
HOA Fee
$197
Monthly
Assessed Value
$470,500

Listing Information

Listing Agent Zoe Karademos
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C8000311
Office MLS ID AN6221
Listing Data Updated Apr 28, 2026 9:34 PM 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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40-R Prospect St # 40R, Marblehead MA 01945 - Photo 1 40-R Prospect St # 40R, Marblehead MA 01945 - Photo 2 40-R Prospect St # 40R, Marblehead MA 01945 - Photo 3 40-R Prospect St # 40R, Marblehead MA 01945 - Photo 4 40-R Prospect St # 40R, Marblehead MA 01945 - Photo 5
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