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5 Independence Way # C, Marblehead MA 01945

Marblehead, MA 01945
$775,000
Est. $5,500/month
2
Beds
1.5
Baths
1,200
Sq Ft
$646
Price/Sq Ft
1971
Year Built
9
Days on Market
Closed Listed Jan 21, 2025 • MLS# 73327711 Copied!

About this home

Experience coastal charm at this well-maintained 2-bedroom, 1.5-bath townhouse-style condo in desirable Glover Landing. The first floor features a cozy kitchen and a spacious open dining/living area with a fireplace and oversized sliders leading to a private covered deck—perfect for entertaining or enjoying breathtaking harbor views. Upstairs, you'll find two generously sized bedrooms, including a main bedroom with double closets and stunning harbor vistas, as well as a full bath and in-unit laundry. Additional highlights include wood flooring throughout, a pull-down attic for seasonal storage, 1 assigned parking space, and a separate storage area.As a Glover Landing resident, you'll enjoy amenities such as a private beach, a clubroom for events, a dock, beautifully landscaped grounds, and on-site maintenance. Embrace the ultimate seaside lifestyle and all the charm Marblehead has to offer!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,200 sq ft
Total Rooms
4
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $795,000
Final Sale Price: $775,000
Difference: $20,000 (-2.5%)
Performance Metrics
97.5%
List to Sale Ratio
Sold below asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $663
Sale $/sq ft: $646
This property sold for $646 per square foot
Sale Summary

This property sold for 2.5% below the original asking price.

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

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$646/sq ft
Area Average
$435/sq ft
Difference
+48.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 1,200 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Third Floor
Features Entry Hall

Exterior

Construction None
Architecture None
Roof None
Features Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $6,497
Assessed Value $725,100

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entry Hall
Windows:
Basement: N
Laundry: Third Floor
Security:

Construction & Materials

Year Built: 1971
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School

Location

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Neighborhood

5 Independence Way # C, 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

5 schools
Devereux - Marblehead
0.8 mi
Grades PK-12
Tower School
1.1 mi
Grades PK-08
Epstein Hillel School
1.5 mi
Grades K-08
A
Lucretia and Joseph Brown School
1.0 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
1.5 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
0.7 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
0.5 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
1.0 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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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 $541
Homeowners Insurance $200
HOA Fee $840/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

2.5%
Price Range
10
Total Days on Market

Property Timeline

Sold
Feb 27, 2025
$775,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Jan 21, 2025
$795,000
Original listing
Agent: Niamh A. Callahan Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Jan 21, 2025 New Listing Added $795,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$646

Tax History

Year Taxes Assessment
2024 $6,497 $725,100

Financial Details

Annual Property Tax
$6,497
Tax Year 2024
HOA Fee
$840
Monthly
Assessed Value
$725,100

Listing Information

Listing Agent Niamh A. Callahan
Listing Office J. Barrett & Company
Agent MLS ID C0003256
Office MLS ID AN0125
Listing Data Updated Feb 28, 2025 6:26 AM EST
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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