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218 Washington St # 5, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$385,000
Est. $2,614/month
1
Beds
1
Baths
635
Sq Ft
$606
Price/Sq Ft
1742
Year Built
12
Days on Market
Closed Listed May 27, 2025 • MLS# 73379977 Copied!

About this home

Charming Old Town Marblehead Pied-à-Terre! This quiet penthouse unit offers the perfect blend of character and convenience. Just steps from shops, restaurants, the theater, harbor and beach, this bright and inviting home features wide plank pine and custom tile floors, exposed brick and two decorative fireplaces. The efficient galley kitchen opens to a spacious living area and good sized bedroom. You'll appreciate additional amenities including central AC, 1-car deeded parking and common outdoor living area. Pets and short-term rentals are permitted. Ideal for investment and/or for your own coastal getaway. Move right in!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1742
Bedrooms
1
Full Bathrooms
1
Living Area
635 sq ft
Total Rooms
3
Stories
3
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $379,000
Final Sale Price: $385,000
Difference: +$6,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $597
Sale $/sq ft: $606
This property sold for $606 per square foot
Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$606/sq ft
Area Average
$471/sq ft
Difference
+28.6%

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 1742
Living Area 635 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas, Electric
Cooling Central Air
Flooring Tile, Pine
Appliances Range, Disposal, Microwave, Refrigerator
Fireplace Living Room, Master Bedroom
Fireplaces 2
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Garden, Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,628
Assessed Value $290,400

Interior Features

Flooring: Tile, Pine
Appliances: Range, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Storm Window(s), Screens
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1742
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Special Features

Fireplaces: 2
Fireplace Type: Living Room, Master Bedroom
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Private School, Public School, University

Location

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Neighborhood

Old Town

218 Washington St # 5, 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
1.6 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
0.5 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
0.7 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 $219
Homeowners Insurance $200
HOA Fee $248/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

1.6%
Price Range
86
Total Days on Market

Property Timeline

Sold
Jun 23, 2025
$385,000
Property sold
Days on Market: 86
🏠
Listed for Sale
May 27, 2025
$379,000
Original listing
Agent: Emily Gaffney Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
May 27, 2025 New Listing Added $379,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$606

Tax History

Year Taxes Assessment
2025 $2,628 $290,400

Financial Details

Annual Property Tax
$2,628
Tax Year 2025
HOA Fee
$248
Monthly
Assessed Value
$290,400

Listing Information

Listing Agent Emily Gaffney
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN208949
Office MLS ID AN6221
Listing Data Updated Jul 1, 2025 11:56 AM 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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Market Analytics for Marblehead, MA

Real-time market trends and pricing data for this area

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