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25 Nicholson Street

25 Nicholson Street, Marblehead, MA 01945
Property in Marblehead
Sold Sep 25, 2017
$890,000
$712,000 by Bank Of America Na
Mortgage Due Sep 25, 2047
Sold May 13, 2015
$775,000
$620,000 by Marblehead Savings Bank
Mortgage Due May 13, 2045
25 Nicholson Street has been categorized by the local assessors in Marblehead, MA as a residential type of property. The building on the property was first built in 1860 and is 164 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 25 Nicholson Street has 2,886 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,740 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a historical style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 Nicholson Street sold most recently in Jan 1, 1970 for a total of $890,000. If you work out the math, that's approximately a cost of $308.39 per sqft. Before that, the property was also sold for $775,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,844 in taxes each year. 25 Nicholson Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,433,500. If we break it down further, the land itself was valued at $741,600. Improvements to the property, however, were assessed at a total of $691,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Detached Garage
Off Street Parking

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,028
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,740
  • Total Building Area: 2,886
  • Gross Building Area: 4,326
  • Building Area: 2,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,886
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CONN ALASDAIR T
  • Previous Owner : ALLEN GORDON R
  • Previous Owner 2: ALLEN JACQUELINE O
  • Owner Before Previous Owner: GOETZ GEORGE E
  • Owner Before Previous Owner 2: GOETZ MARIROSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203301

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0129 B:0041 L:0
  • Block: 41
  • Municipality: MARBLEHEAD
  • Latitude: 42.502
  • Longitude: -70.8551

    Address

  • Full Address: 25 Nicholson St
  • Address - House Number: 25
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C024
  • 4-Digit Zip Code: 3306
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,844

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,305,109
  • High Value: 1,578,728
  • Low Value: 1,031,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $712,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 25, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $712,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 25, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,433,500
  • Assessed Land Value: $741,600
  • Assessed Improvements Value: $691,900

    Sales

  • Current Sale Recording Date: Sep 25, 2017
  • Current Sale Transaction ID: 1736766945
  • Current Sale Price: $890,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 163
  • Previous Sale Recording Date: May 13, 2015
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 25, 2017
  • First Mortgage Loan Amount: $712,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 25, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: MARBLEHEAD SAVINGS BANK
  • Previous Mortgage Transaction Date: May 13, 2015
  • Previous Mortgage Loan Amount: $620,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 13, 2045

About Marblehead



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Frequently Asked Questions

What neighborhood is 25 Nicholson Street located in?
The 25 Nicholson Street is a located in the neighborhood of Marblehead in Marblehead, Marblehead.
What is the average sales price for listings in 25 Nicholson Street?
The average sales price for units in 25 Nicholson Street is $0 currently.

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