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8 Franklin St # 7, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$339,000
Est. $2,391/month
1
Baths
419
Sq Ft
$809
Price/Sq Ft
1900
Year Built
51
Days on Market
Closed Listed Jan 19, 2025 • MLS# 73327472 Copied!

About this home

Discover the perfect blend of modern comfort and historic charm in this beautifully completely renovated studio condo located in Marblehead's sought-after Old Town. Thoughtfully updated, this partially furnished space features a brand-new kitchen equipped with top-of-the-line appliances and a sleek, contemporary bathroom designed for ultimate convenience. With its prime location, you’ll enjoy easy access to Marblehead's picturesque streets, quaint shops, and waterfront attractions. This studio offers an ideal retreat for those seeking a stylish and hassle-free living experience in one of New England's most cherished coastal towns

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Full Bathrooms
1
Living Area
419 sq ft
Total Rooms
3
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $349,000
Final Sale Price: $339,000
Difference: $10,000 (-2.9%)
Performance Metrics
97.1%
List to Sale Ratio
Sold below asking price
51
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $833
Sale $/sq ft: $809
This property sold for $809 per square foot
Sale Summary

This property sold for 2.9% below the original asking price.

The property spent 51 days on market before selling.

Nearby Sales Comparison

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

This Property
$809/sq ft
Area Average
$534/sq ft
Difference
+51.4%

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 1900
Living Area 419 sq ft
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water, Natural Gas, Ductless
Cooling Ductless
Flooring None
Appliances Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range
Fireplace None
Basement N
Laundry In Unit
Features Internet Available - Unknown

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Features Assigned
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,062
Assessed Value $227,800

Interior Features

Flooring:
Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Interior Features: Internet Available - Unknown
Windows: Insulated Windows, Storm Window(s)
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Structure Type: Townhouse
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas, Ductless
Heating Zones: 1
Cooling: Ductless
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Composite
Patio & Porch: Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Location

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Neighborhood

Old Town

8 Franklin St # 7, 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
1.4 mi
Grades PK-12
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
Tower School
1.6 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
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
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
H

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
Learn about these ratings

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 $172
Homeowners Insurance $200
HOA Fee $305/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

52
Total Days on Market

Property Timeline

Sold
Apr 8, 2025
$339,000
Property sold
Days on Market: 52
🏠
Listed for Sale
Jan 19, 2025
$339,000
Original listing
Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Jan 19, 2025 New Listing Added $339,000

Market Statistics

Days on Market
51 days
Price per Sq Ft
$809

Tax History

Year Taxes Assessment
2025 $2,062 $227,800

Financial Details

Annual Property Tax
$2,062
Tax Year 2025
HOA Fee
$305
Per month
Assessed Value
$227,800

Listing Information

Listing Agent Graeme Jones
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN202726
Office MLS ID AN6221
Listing Data Updated Apr 8, 2025 4:41 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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