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2 Highland Ter, Marblehead MA 01945

Marblehead, MA 01945
$960,000
Est. $5,611/month
4
Beds
3
Baths
2,372
Sq Ft
$405
Price/Sq Ft
0.10
Acres
1938
Year Built
20
Days on Market
Closed Listed Jul 19, 2021 • MLS# 72867945 Copied!

About this home

Incredible opportunity to own a 2-family Victorian home located in the heart of Downtown Marblehead. Perfect Investment, owner occupied or multi-generational living opportunity with a larger unit on the top 2 floors and a ground level bedroom that could be converted to a handicap accessible in-law suite. Many renovations and highlights throughout including a wrap-around porch overlooking a beautifully landscaped yard, paver patio and driveway that can hold 6+ cars. Gleaming hardwood floors throughout, gas fireplace, rooftop deck and a renovated kitchen with center island and granite counters. The 1st floor unit includes 2 bedrooms and 2-car parking. The larger unit on the 2nd & 3rd floor includes a spacious renovated kitchen, dining room, living room, 2 bedrooms, 2 full baths, office area, private deck and 3-car parking. The lower level also includes laundry and ample storage. Many updates throughout including roof (2017) furnace (2015) New composite deck & front porch (2010 & 2013).

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1938
Bedrooms
4
Full Bathrooms
3
Living Area
2,372 sq ft
Total Rooms
10
Stories
4
Levels
4

Sale Statistics

Sale Overview
Original List Price: $874,900
Final Sale Price: $960,000
Difference: +$85,100 (+9.7%)
Performance Metrics
109.7%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $369
Sale $/sq ft: $405
This property sold for $405 per square foot
Sale Summary

This property sold for 9.7% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1938
Living Area 2,372 sq ft
Lot Size 0.10 acres
Bedrooms 4
Full Baths 3
Total Rooms 10

Interior

Heating None
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator, Washer, Dryer, Dishwasher, Wine Refrigerator
Fireplace Gas
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry None
Features Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Kitchen, Dining Room, Office/den

Exterior

Construction None
Architecture None
Roof None
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Features Off Street, Driveway
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,677
Assessed Value $640,800

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Wine Refrigerator
Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Kitchen, Dining Room, Office/Den
Windows: Skylight(s)
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1938
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Driveway

Special Features

Fireplaces: 1
Fireplace Type: Gas
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Marina

Location

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Neighborhood

2 Highland Ter, 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
1.4 mi
Grades K-08
A
Lucretia and Joseph Brown School
0.6 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
0.4 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
0.6 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
0.8 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 $556
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

18.6%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73495358
Full transaction history available when tracking began
🏷️
Previously Sold
May 12, 2026
$1,075,000
MLS #73495358
Sold
Sep 15, 2021
$960,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jul 19, 2021
$874,900
Original listing
Agent: Lubeck Rausch Team Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
May 12, 2026 Sold $1,075,000
May 12, 2026 Sold $1,075,000
Jul 19, 2021 New Listing Added $874,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$405

Tax History

Year Taxes Assessment
2021 $6,677 $640,800

Financial Details

Annual Property Tax
$6,677
Tax Year 2021
Assessed Value
$640,800

Listing Information

Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM315429
Office MLS ID M95385
Listing Data Updated Sep 15, 2021 2:34 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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Market Analytics for Marblehead, MA

Real-time market trends and pricing data for this area

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