8 Franklin St # 7, Marblehead MA 01945
Marblehead, MA 01945
$177,300
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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
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 7 similar properties sold within 0.5 miles in the last 90 days
This Property
$423/sq ft
Area Median
$486/sq ft
Difference
12.9%
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!
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Public Records & Permits
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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
| 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 |
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
1
Living Area
419 sq ft
Total Rooms
2
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Display Options
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:
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 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
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
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
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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