26 Summer St # 5, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$420,000
$395,000
Est. $2,848/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
807
Sq Ft
$489
Price/Sq Ft
1870
Year Built
20
Days on Market
For Sale Price Drop -$25,000 Listed Sep 22, 2026 • MLS# 73580884 Copied! • Updated Oct 12, 2026

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About this home

Perfect for downsizers, first-time home buyers, or those looking for an affordable Marblehead getaway, this single-level condo is tucked away on a quiet street in the heart of historic Old Town. Enjoy easy and proximate access to the harbor, Crocker Park, Crosby’s Market, and Old Town shops and restaurants. The flexible floor plan includes 2 bedrooms and 1 bath, open living and dining areas, and an eat-in kitchen. Additional conveniences include on-site laundry, bike storage, and shared outdoor space. The Association shares 3 parking spaces, adjacent to a public lot. Parking may also be available for rent at the nearby Masonic Hall. The building received a new roof and insulation in 2020. The condo fee includes hot water, water/sewer, exterior maintenance, trash and snow removal, and master insurance. Whether you’re looking for a primary residence or a well-located Marblehead landing spot, this is low-maintenance living in one of the town’s most desirable and walkable neighborhoods. No dogs permitted; smoking is prohibited.

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Recently Sold Nearby

Price & Status History

Market Insights

1
Price Changes
6%
Price Range

Property Timeline

↓
Price Reduced
Oct 12, 2026
$395,000 $25,000 (-5.95%)
From $420,000 to $395,000 (-6.0%)
•
Back On Market
Sep 28, 2026
Active
📋
Status: Active under contract
Sep 27, 2026
Active → Active Under Contract
🏠
Listed for Sale
Sep 22, 2026
$420,000
Original listing
Agent: Emily Gaffney Office: RE/MAX Beacon

Tax History

Year Taxes Assessment
2026 $3,263 $381,300

Financial Details

Annual Property Tax
$3,263
Tax Year 2026
HOA Fee
$379
Monthly
Assessed Value
$381,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1870
Living Area 807 sq ft
Stories 3
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, In Building, Gas Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Garden, Screens, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Gas Dryer
Annual Tax $3,263
Assessed Value $381,300

HOA & Community

HOA Fee $379 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Laundry, Storage
Optional Fee Includes None
Owner-Occupied Units 10
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures Dishwasher Needs Repair.
Possession None
Accepted Financing None
Structure Type ["Garden","Low-Rise"]
Unit/Building 5
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
807 sq ft
Total Rooms
4
Stories
3
Entry Level
1

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Storm Window(s), Screens
Basement: Y
Laundry: In Basement, In Building, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1870
Structure Type: Garden, Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Utilities & Systems

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:
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
1.0 mi
Grades PK-12
A
Lucretia and Joseph Brown School
1.1 mi | #150 of 825 | Score: 57.0
Dropped 49 spots from last year
-1.2 below state avg
438 students Moderate
Grades PK-03
Tower School
1.2 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
0.3 mi | #109 of 352 | Score: 48.5
Improved 100 spots from last year
-9.7 below state avg
226 students Moderate
Rising School
Grades 04-08
A-
Marblehead Veterans Middle School
0.7 mi | #88 of 352 | Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students Moderate
Grades 07-08
B+
Village School
0.8 mi | #265 of 825 | Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students Less Diverse
Strong Attendance
Grades 04-06
H

High Schools

3 schools
A-
Marblehead High School
1.2 mi | #82 of 346 | Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students Moderate
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
2.0 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
3.0 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $272
Homeowners Insurance $200
HOA Fee $379/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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.

Location

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Neighborhood

Old Town

26 Summer St # 5, Marblehead MA 01945

Marblehead, MA 01945

Listing Information

Listing Agent Emily Gaffney
Listing Office RE/MAX Beacon
Office Phone 781-631-2330
Agent MLS ID CN208949
Office MLS ID AN8510
Listing Data Updated Oct 12, 2026 11:19 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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Steve Novak Real Estate
Steve Novak Real Estate
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