8 Franklin St # 7, Marblehead MA 01945

Marblehead, MA 01945

$177,300

Baths

419

Sq Ft

$423

Price/Sq Ft

1900

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Feb 1, 2024 • MLS# 73198622 Copied! • Updated Jun 18, 2024

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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

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 4 similar properties sold within 0.5 miles in the last 90 days

This Property

$423/sq ft

Area Median

$698/sq ft

Difference

39.4%

This property sold below the area median, potentially representing good value for the buyer.

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

75%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73327472

Full transaction history available when tracking began

🏷️

Previously Sold

Apr 8, 2025

$339,000

MLS #73327472

View Listing →

✓

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

Previous Transaction - MLS #30416835

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 14, 2000

$84,900

MLS #30416835

View Listing →

Date	Event	Price	Change	$/sqft	Details
04/08/2025	🏷️ Previously Sold	$339,000	-	-	MLS #73327472
03/08/2024	✓ Sold	$177,300	-	-	Property sold
02/01/2024	🏠 Listed for Sale	$150,000	-	-	Original listing
07/14/2000	🏷️ Previously Sold	$84,900	-	-	MLS #30416835

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

Parking

Features Assigned

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

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

MA Disclosures

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.

Additional Details

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

Sold

Year Built

1900

Full Bathrooms

Living Area

419 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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

Nearby Schools

School information not available for this location.

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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