108 Elm Street # 2, Marblehead MA 01945

Marblehead, MA 01945 • Old Town

$813,000

Beds

2.5

Baths

2,420

Sq Ft

$336

Price/Sq Ft

0.17

Acres

1875

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Sep 3, 2024 • MLS# 73283979 Copied! • Updated Oct 18, 2024

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Sale Statistics

Sale Overview

Original List Price: $749,000

                            Final Sale Price:
                            $813,000
                        

Difference: +$64,000 (+8.5%)

Performance Metrics

108.5%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $310

                            Sale $/sq ft:
                            $336
                        

This property sold for $336 per square foot

Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property

$336/sq ft

Area Median

$519/sq ft

Difference

35.2%

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

About this home

Spacious townhouse in the center of Old Town with many extras including 3 bedrooms, 2 1/2 bathrooms, private deck and parking for 3 cars. Many recent improvements: a renovated 1/2 bathroom, refinished floors, new light fixtures, new paint throughout, new storm windows, new Washer/Dryer and stainless dishwasher. The first floor is open concept with a large foyer, living room, fire-placed dining room/ kitchen combination with stainless appliances, a new half bathroom and a private deck. The second floor has 2 bedrooms, a home office and a full bathroom. The sunny third floor offers a bedroom with skylight and a full bathroom.The lower level has untapped potential, is semi-finished with exposed stone walls and direct access to the back yard. The property offers private outdoor space as well as large common yard.Two townhouse units in the building with separate utilities, the only shared expense is Master Insurance.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

7.9%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Oct 18, 2024

$813,000

Property sold

Days on Market: 7

🏠

Listed for Sale

Sep 3, 2024

$749,000

Original listing

Agent: Traci Howe Office: Sagan Harborside Sotheby's International Realty

Date	Event	Price	Change	$/sqft	Details
10/18/2024	✓ Sold	$813,000	-	-	Property sold
09/03/2024	🏠 Listed for Sale	$749,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$6,685	$668,500

Financial Details

Annual Property Tax

$6,685

Tax Year 2024

Assessed Value

$668,500

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1875

Living Area 2,420 sq ft

Lot Size 0.17 acres

Bedrooms 3

Full Baths 2

Half Baths 1

Total Rooms 6

Interior

Heating Forced Air, Electric

Cooling None

Flooring Wood, Tile, Carpet, Flooring - Stone/ceramic Tile, Flooring - Hardwood, Concrete

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood

Fireplace Dining Room, Kitchen

Fireplaces 1

Basement Y

Laundry Dryer Hookup - Electric, Washer Hookup, Gas Dryer Hookup, In Basement, In Unit, Electric Dryer Hookup

Features Open Floorplan, Entrance Foyer, Home Office

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Deck, Deck - Wood, Garden, Screens, Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Deck, Deck - Wood

Parking

Features Off Street, Deeded

Total Spaces 3

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,685

Assessed Value $668,500

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes Landscaping

Owner-Occupied Units 2

MA Disclosures

Seller Disclosures Third Floor Is Electric Heat. Fireplace Has Not Been Used By Current Owners. The Basement Is Semi-finished With Walk Out To Back Lawn.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Townhouse","Half-Duplex","Attached"]

Unit/Building 2

Sq Ft Source Public Record

Sq Ft Disclosures Semi-finished basement area of approximately 596 square feet.

Documents Master Deed, Unit Deed, Floor Plans (3)

County Essex

Total market time (incl. prior listings) 7 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1875

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

2,420 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Concrete

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood

Interior Features: Open Floorplan, Entrance Foyer, Home Office

Windows: Storm Window(s), Screens

Basement: Y

Laundry: Dryer Hookup - Electric, Washer Hookup, Gas Dryer Hookup, In Basement, In Unit, Electric Dryer Hookup

Security:

Construction & Materials

Year Built: 1875

Effective Year (Renovated): 1980

Structure Type: Townhouse, Half-Duplex, Attached

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Electric

Heating Zones: 2

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Deck - Wood, Garden, Screens, Rain Gutters

Patio & Porch: Deck, Deck - Wood

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 3

Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1

Fireplace Type: Dining Room, Kitchen

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, University

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Old Town

108 Elm Street # 2, Marblehead MA 01945

Marblehead, MA 01945

Listing Information

Listing Agent Traci Howe

Listing Office Sagan Harborside Sotheby's International Realty

Office Phone 781-631-8800

Agent MLS ID C7505718

Office MLS ID AN4472

Listing Data Updated Oct 18, 2024 10:50 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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