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159 Elm St. # 1, Marblehead MA 01945

Marblehead, MA 01945
$635,000
Est. $3,824/month
2
Beds
1.5
Baths
1,080
Sq Ft
$588
Price/Sq Ft
1735
Year Built
29
Days on Market
Closed Listed Aug 5, 2025 • MLS# 73413994 Copied!

About this home

In-Town Charmer with Garden Oasis. Live in the heart of Marblehead—steps to Marblehead Harbor, shops, movie theatre, museum, and dining! This beautifully maintained charming home offers sunny living spaces, pumpkin pine floors, a renovated stainless and granite kitchen, open floor plan, 2 fireplaces* and a dreamy private brick patio surrounded by gardens. Flexible layout includes 2 bedrooms, renovated 1.5 baths, in-unit laundry, skylights, and tons of closet space. Ample parking for 2 cars right at your door! All-gas systems = comfort + efficiency. Loads of storage in the many in unit closets as well as the full head height basement area for bikes and seasonal storage. Conveniently set back away from the street. Charm, location & lifestyle all in one! Pet friendly. No Monthly HOA fee. 2 units in the Condominium ownership pay Homeowners Insurance, Landscaping and snow removal. 1/3 paid by Unit 1 and 2/3 paid by unit 2.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1735
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,080 sq ft
Total Rooms
4
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $645,000
Final Sale Price: $635,000
Difference: $10,000 (-1.6%)
Performance Metrics
98.4%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $597
Sale $/sq ft: $588
This property sold for $588 per square foot
Sale Summary

This property sold for 1.6% below the original asking price.

With only 29 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
$588/sq ft
Area Average
$448/sq ft
Difference
+31.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1735
Living Area 1,080 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Fireplaces 2
Basement Y
Laundry Closet/cabinets - Custom Built, Flooring - Stone/ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Assigned, Deeded
Total Spaces 2

Utilities

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

Financial

Annual Tax $4,959
Assessed Value $547,400

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows: Storm Window(s)
Basement: Y
Laundry: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1735
Effective Year (Renovated): 1986
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

159 Elm St. # 1, 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
Devereux - Marblehead
0.8 mi
Grades PK-12
A
Lucretia and Joseph Brown School
0.9 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
Tower School
1.0 mi
Grades PK-08
M

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
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
B+
Village School
0.6 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

2 schools
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
B+
Salem Academy Charter School
1.8 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
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Principal, interest, taxes & insurance
Loan Amount
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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 $413
Homeowners Insurance $200
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
31
Total Days on Market

Property Timeline

Sold
Sep 30, 2025
$635,000
Property sold
Days on Market: 31
🏠
Listed for Sale
Aug 5, 2025
$645,000
Original listing
Agent: Steven White Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Aug 5, 2025 New Listing Added $645,000

Market Statistics

Days on Market
29 days
Price per Sq Ft
$588

Tax History

Year Taxes Assessment
2025 $4,959 $547,400

Financial Details

Annual Property Tax
$4,959
Tax Year 2025
HOA Fee
$0
Per month
Assessed Value
$547,400

Listing Information

Listing Agent Steven White
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C7364305
Office MLS ID M95385
Listing Data Updated Sep 30, 2025 4:15 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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Market Analytics for Marblehead, MA

Real-time market trends and pricing data for this area

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