FeaturesBathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
LevelFirst
40-R Prospect St # 3, Marblehead MA 01945
Marblehead, MA 01945
$459,900
$449,000
Est. $3,003/month
About this home
~ Looking for a Summer Escape or Investment Opportunity in Marblehead? ~ This ideally located, single-level, two-bedroom condominium in the heart of downtown offers a low-maintenance lifestyle with a PRIVATE entrance, PRIVATE patio, and PRIVATE garden setting. Featuring 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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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.4%
Price Range
Property Timeline
Pending Sale
Jun 26, 2026
Offer accepted, sale pending
Status: Active under contract
Jun 24, 2026
Active → Active Under Contract
Showing Instructions Updated
Jun 5, 2026
New showing requirements
Price Reduced
Jun 3, 2026
$449,000
$10,900
(-2.37%)
From $459,900 to $449,000 (-2.4%)
Listed for Sale
Apr 29, 2026
$459,900
Original listing
Agent: Zoe Karademos
Office: Coldwell Banker Realty - Marblehead
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/24/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/05/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/03/2026 | ↓ Price Reduced | $449,000 | $10,900 | - | From $459,900 to $449,000 (-2.4%) |
| 04/29/2026 | 🏠 Listed for Sale | $459,900 | - | - | Original listing |
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
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
HOA & Community
HOA Fee
$197 Monthly
Fee Includes
Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
Pets
Yes
MA Disclosures
Seller Disclosures
New Windows 2023, Exterior Painted 2024.gas Furnace 2010, Hot Water Elec 2018, Bedroom Exterior Door Has Loose Molding, Fireplace Is Ornamental.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
3
Sq Ft Source
Public Record
Sq Ft Disclosures
Cubi Casa Measurement is 650sqft
Documents
None
County
Essex
Total market time (incl. prior listings)
76 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
590 sq ft above grade
FeaturesFlooring - Hardwood
LevelFirst
FeaturesFlooring - Hardwood
LevelFirst
FeaturesFlooring - Hardwood, Exterior Access
LevelFirst
FeaturesWalk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
LevelFirst
FeaturesBathroom - Full, Closet, Flooring - Hardwood
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPatio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
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
Elementary Schools
3 schools
Devereux - Marblehead
0.6 mi
Grades PK-12
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
Tower School
0.8 mi
Grades PK-08
Middle Schools
3 schools
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
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
High Schools
3 schools
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
B+
Salem Academy Charter School
1.9 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
2.7 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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After down payment
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Over life of loan
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Including down payment
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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
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Rate Impact
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Payment Over Time
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.
Location
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Neighborhood
40-R Prospect St # 3, Marblehead MA 01945
Marblehead, MA 01945
Listing Information
Listing Agent
Zoe Karademos
Listing Office
Coldwell Banker Realty - Marblehead
Office Phone
781-631-9511
Agent MLS ID
C8000311
Office MLS ID
AN6221
Listing Data Updated
Jul 14, 2026 3:30 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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