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23 Arnold Terrace # 23, Marblehead MA 01945

Marblehead, MA 01945
$590,000
Est. $3,933/month
2
Beds
2
Baths
1,819
Sq Ft
$324
Price/Sq Ft
1988
Year Built
61
Days on Market
Closed Listed Mar 27, 2024 • MLS# 73216999 Copied!

About this home

Discover unparalleled elegance in this Move In Ready 1800 square foot, 2-bedroom, 2-bathroom condo nestled in the historic coastal town of Marblehead. This exquisite property flawlessly combines modern luxury with the area's charming historic ambiance, offering an expansive floor plan which can easily be made into a 3 bedroom and includes 600 square feet of a beautifully finished lower level. The heart of the home is a renovated first-floor kitchen, boasting contemporary upgrades and a bath that exemplify refined living. Each serene bedroom is an oasis of comfort, enhanced by the installation of mini-splits, ensuring perfect climate control for all seasons. The hardwood flooring throughout is the perfect touch. The recent addition of a new composite deck expands outdoor living possibilities and provides an ideal space for relaxation or entertaining against the backdrop of Marblehead's picturesque landscapes.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,819 sq ft
Total Rooms
5
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $590,000
Difference: $39,900 (-6.3%)
Performance Metrics
93.7%
List to Sale Ratio
Sold below asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $346
Sale $/sq ft: $324
This property sold for $324 per square foot
Sale Summary

This property sold for 6.3% below the original asking price.

The property spent 61 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$324/sq ft
Area Average
$535/sq ft
Difference
39.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,819 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Baseboard, Heat Pump, Natural Gas
Cooling Ductless
Flooring Tile, Hardwood, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Dryer Hookup - Electric, In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Features Closet, Bonus Room, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Deck - Composite, Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Composite

Parking

Features Deeded
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,526
Assessed Value $505,100

Interior Features

Flooring: Tile, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Bonus Room, Internet Available - Unknown
Windows:
Basement: Y
Laundry: Dryer Hookup - Electric, In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Heat Pump, Natural Gas
Heating Zones: 3
Cooling: Ductless
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Composite, Rain Gutters, Professional Landscaping
Patio & Porch: Deck, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Walk/Jog Trails, House of Worship, Marina, Public School

Location

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Neighborhood

23 Arnold Terrace # 23, 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

3 schools
A
Lucretia and Joseph Brown School
1.2 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
Devereux - Marblehead
1.3 mi
Grades PK-12
Tower School
1.3 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
0.3 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
0.8 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
0.9 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

2 schools
A-
Marblehead High School
1.4 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
B+
Salem Academy Charter School
1.5 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
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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 $377
Homeowners Insurance $200
HOA Fee $372/mo
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

1.7%
Price Range
62
Total Days on Market

Property Timeline

Sold
Jun 18, 2024
$590,000
Property sold
Days on Market: 62
🏠
Listed for Sale
Mar 27, 2024
$599,900
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
Mar 27, 2024 New Listing Added $599,900

Market Statistics

Days on Market
61 days
Price per Sq Ft
$324

Tax History

Year Taxes Assessment
2024 $4,526 $505,100

Financial Details

Annual Property Tax
$4,526
Tax Year 2024
HOA Fee
$372
Monthly
Assessed Value
$505,100

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507
Listing Data Updated Jun 18, 2024 1:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Marblehead, MA

Real-time market trends and pricing data for this area

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