NOT LISTED FOR SALE

40 Lee St Marblehead, MA 01945

Estimated Value: $903,000 - $1,043,000

2 Beds
2.5 Baths
1,240 Sq Ft
$771/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $880,000 $710 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,954/month

1 Day on Market

Highlights

  • Marina
  • Golf Course Community
  • Medical Services
  • Marblehead High School Rated A
  • Water Access
  • 4-minute walk to Crocker Park

About This Home

As of November 2023

Welcome to 40 Lee Street, a captivating coastal retreat that seamlessly blends timeless elegance with modern comforts boasting loads of updates including new custom kitchen, 2.5 new baths, new HE heat, new 200A electrical and so much more. This stunning 2+ bedroom residence offers a lifestyle of unparalleled charm and sophistication, perfectly situated in Old Town, this home enjoys a prime location within walking distance to picturesque beaches, historic sites including Crocker Park, Fort Sewall, Gas House Beach, Old Burial Hill (just to name a few), boutique shops, and renowned restaurants, providing the ideal backdrop for a vibrant coastal lifestyle. A true testament to timeless craftsmanship, this home features meticulous attention to detail with custom millwork, 2 oversized fireplaces, high-end finishes, and architectural sophistication throughout, last but not least...1 car parking. Come see! OPEN Saturday 10/21 & Sunday 10/22 @ 11:30-1PM.

Last Listed By

Judy Toner

The Proper Nest Real Estate Listed on: 10/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1710 | Remodeled

Lot Details

  • 1,650 Sq Ft Lot
  • Near Conservation Area
  • Level Lot
  • Property is zoned CR

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Exterior Basement Entry
  • Storm Windows

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mvm Middle School
  • MHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 2024899

Community Details

Overview

  • No Home Owners Association
  • Old Town Subdivision

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,993

Year Built

Built in 1710 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Antique
  • Year Built: 1710
  • Buyer Agency: 2.5
  • Subdivision Name: Old Town
  • Transaction Broker: 1
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Hardwood, Pine, Flooring - Hardwood
  • Interior Amenities: Home Office
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Countertop Range,Refrigerator,Washer,Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bathrooms: 1
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Remodeled
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Hardwood, Remodeled
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 3 Features: Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 3 Level: Third
  • Room Family Room Level: Main,First
  • Room Family Room Features: Bathroom - Half, Beamed Ceilings, Flooring - Hardwood, Exterior Access, Open Floorplan, Remodeled
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Beamed Ceilings, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Remodeled
  • Laundry Features: Closet - Walk-in, Flooring - Wall to Wall Carpet, Remodeled, Second Floor
  • Room Office Level: Third
  • Room Office Features: Flooring - Hardwood
  • Living Area: 1240
  • Spa YN: No
  • Window Features: Storm Window(s)
  • MAIN LO: AN6899
  • LIST PRICE PER Sq Ft: 644.35
  • PRICE PER Sq Ft: 709.68
  • MAIN SO: AN4471
  • Insulation: Partial, Blown In

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: 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
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2024899
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1650
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 509
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6993
  • Tax Book Number: 34902

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Mhs
  • Middle Or Junior School: Mvm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2021
Sold by
Reagan Leslie S and Reagan Steven J
Bought by
40 Lee Rt and Reagan
Total Days on Market
1
Current Estimated Value
$955,910

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 6, 2016
Sold by
Fisher Katherine J
Bought by
40 Lee Rt and Fisher
Seller's Agent
Kyle Kaagan
Gibson Sotheby's International Realty
Buyer's Agent
Judy Toner
The Proper Nest Real Estate
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Oct 23, 2014
Sold by
Fisher Katherine J
Bought by
40 Lee Street T and 40 Fisher

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
40 Lee Rt -- None Available
40 Lee Rt -- None Available
40 Lee Rt -- --
40 Lee Rt -- --
40 Lee Street T -- --
40 Lee Street T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 Lee St Marblehead Rt $680,381
Closed 40 Lee St Marblehead Rt $680,381
Previous Owner Reagan Steven J $368,000
Previous Owner Fisher Donald M $544,185
Previous Owner Fisher Donald M $85,000
Previous Owner Fisher Donald M $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $880,000 +10.1% $710 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $799,000 +73.7% $644 / Sq Ft
05/06/2016 05/06/16 Sold $460,000 -2.1% $387 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $470,000 -- $395 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,420 $819,900 $509,400 $310,500
2024 $7,421 $828,200 $536,300 $291,900
2023 $6,993 $699,300 $462,000 $237,300
2022 $6,966 $662,200 $412,500 $249,700
2021 $6,173 $592,400 $404,300 $188,100
2020 $5,716 $550,100 $396,000 $154,100
2019 $5,643 $525,400 $371,300 $154,100
2018 $5,335 $484,100 $330,000 $154,100
2017 $5,736 $521,000 $313,500 $207,500
2016 $5,174 $466,100 $280,500 $185,600
2015 $4,982 $449,600 $264,000 $185,600
2014 $4,912 $442,900 $264,000 $178,900
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73171332

MLS Property Information Network (MLS PIN)

APN: MARB-000130-000044