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8 Franklin St # 7, Marblehead MA 01945

Marblehead, MA 01945
$177,300
1
Baths
419
Sq Ft
$423
Price/Sq Ft
1900
Year Built
1
Parking
18
Days on Market
Closed Listed Feb 1, 2024 • MLS# 73198622 Copied! • Updated Jun 18, 2024

Sale Statistics

Sale Overview
Original List Price: $150,000
Final Sale Price: $177,300
Difference: +$27,300 (+18.2%)
Performance Metrics
118.2%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $358
Sale $/sq ft: $423
This property sold for $423 per square foot
Sale Summary

This property sold for 18.2% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$423/sq ft
Area Average
$5/sq ft
Difference
+9,211.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Bring your imagination! In the heart of Old Town, its close proximity to shops, places of worship, public transportation, restaurants, and the ocean along with the charm of the neighborhood make the location extremely desirable! The space needs love, but has potential to be an absolutely adorable pied-à-terre near the beach. The condo fee covers heat, gas, hot water, snow removal, landscaping, master insurance, alarm system, and exterior maintenance!! Pets under 35 lbs are allowed. 1 car parking (deeded). This unit is located in the Mary Alley Condo Trust. Don't miss this opportunity to own a piece of Marblehead!

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Recently Sold Nearby

Property History

Market Insights

55.8%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73327472
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 8, 2025
$339,000
MLS #73327472
Sold
Mar 8, 2024
$177,300
Property sold
Days on Market: 20
🏠
Listed for Sale
Feb 1, 2024
$150,000
Original listing
Agent: The Murray Brown Group Office: RE/MAX Beacon

Tax History

Year Taxes Assessment
2023 $2,017 $201,700

Financial Details

Annual Property Tax
$2,017
Tax Year 2023
HOA Fee
$305
Monthly
Assessed Value
$201,700

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 419 sq ft
Full Baths 1
Total Rooms 2

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,017
Assessed Value $201,700

HOA & Community

HOA Fee $305 Monthly
Fee Includes Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Hot Water
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Estate Sale. See Attached For Rules And Regs. Offers (if Any) Are Due Monday 2/5 @ 5pm. Be Aware That Units Being Used As Rentals Are At Minimum Of 90 Days And No Pets Allowed For Rentals. Owner Occupants May Have Pets Up To 35lb.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 7
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Full Bathrooms
1
Living Area
419 sq ft
Total Rooms
2
Stories
1
Entry Level
1

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned
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
1.4 mi
Grades PK-12
Tower School
1.6 mi
Grades PK-08
Epstein Hillel School
2.2 mi
Grades K-08
A
Lucretia and Joseph Brown School
1.5 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
2.1 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
0.4 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
1.2 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
1.1 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
1.6 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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Location

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Neighborhood

8 Franklin St # 7, Marblehead MA 01945

Marblehead, MA 01945

Listing Information

Listing Agent The Murray Brown Group
Listing Office RE/MAX Beacon
Office Phone 978-219-0011
Agent MLS ID TM329476
Office MLS ID AN8171
Listing Data Updated Jun 18, 2024 12:49 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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8 Franklin St # 7, Marblehead MA 01945 - Photo 1 8 Franklin St # 7, Marblehead MA 01945 - Photo 2 8 Franklin St # 7, Marblehead MA 01945 - Photo 3 8 Franklin St # 7, Marblehead MA 01945 - Photo 4 8 Franklin St # 7, Marblehead MA 01945 - Photo 5 8 Franklin St # 7, Marblehead MA 01945 - Photo 6 8 Franklin St # 7, Marblehead MA 01945 - Photo 7 8 Franklin St # 7, Marblehead MA 01945 - Photo 8
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