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40 Lee Street, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$880,000
Est. $4,684/month
2
Beds
2.5
Baths
1,240
Sq Ft
$710
Price/Sq Ft
0.04
Acres
1710
Year Built
Single Family Residence
Type
9
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73171332

About this home

Welcome to 40 Lee Street, a captivating coastal retreat that seamlessly blends timeless elegance with modern comforts boasting loads of updates including new custom kitchen, 2.5 new baths, new HE heat, new 200A electrical and so much more. This stunning 2+ bedroom residence offers a lifestyle of unparalleled charm and sophistication, perfectly situated in Old Town, this home enjoys a prime location within walking distance to picturesque beaches, historic sites including Crocker Park, Fort Sewall, Gas House Beach, Old Burial Hill (just to name a few), boutique shops, and renowned restaurants, providing the ideal backdrop for a vibrant coastal lifestyle. A true testament to timeless craftsmanship, this home features meticulous attention to detail with custom millwork, 2 oversized fireplaces, high-end finishes, and architectural sophistication throughout, last but not least...1 car parking. Come see! OPEN Saturday 10/21 & Sunday 10/22 @ 11:30-1PM.

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $880,000
Difference: +$81,000 (+10.1%)
Performance Metrics
110.1%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $644
Sale $/sq ft: $710
This property sold for $710 per square foot
Sale Summary

This property sold for 10.1% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1710
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,240 sq ft
Total Rooms
5

Interior Features

Flooring
Wood, Tile, Hardwood, Pine, Flooring - Hardwood
Heating
Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Home Office
Laundry Features
Closet - Walk-in, Flooring - Wall to Wall Carpet, Remodeled, Second Floor
Window Features
Storm Window(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Antique
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters
Has Spa
No
Waterfront Features
Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.04 acres
Lot Size
1,650 sq ft
Lot Size Area
0.0400
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Driveway

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision
Old Town
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,993
Tax Year
2023
Tax Assessed Value
$699,300
Parcel Number
2024899
Zoning
CR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Attached Property
Yes
Disclosures
List of all the updates during ownership is attached in MLS. This is a single family with one common all.Copy of Insurance policy available upon request.
Exclusions
3 Matching Window Treatments On The 2nd Floor.

Location

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Neighborhood

Old Town

40 Lee Street, Marblehead MA 01945

Marblehead, MA 01945

Walkability

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Schools

Middle School
Mvm
Rating information coming soon
High School
Mhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $583
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.2%
Price Range
11
Total Days on Market

Property Timeline

✓
Sold
Nov 30, 2023
$880,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Oct 18, 2023
$799,000
Original listing
Agent: Judith Toner Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Oct 18, 2023 New Listing Added $799,000 —

Market Statistics

Days on Market
9 days
Price per Sq Ft
$710

Tax History

Year Taxes Assessment
2023 $6,993 $699,300

Financial Details

Annual Property Tax
$6,993
Tax Year 2023
Assessed Value
$699,300

Listing Information

Listing Agent Judith Toner
Listing Office The Proper Nest Real Estate
Agent MLS ID C7505741
Office MLS ID AN7859

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