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$427,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 590 Sq. Ft.
  • Updated 12 days ago
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~ Looking for a Summer Escape or Investment Opportunity in Marblehead? ~ This ideally located, single-level, two-bedroom condominium in the heart of downtown offers a low-maintenance lifestyle with a PRIVATE entrance, PRIVATE patio, and PRIVATE garden setting. Featuring hardwood floors, a fireplaced living and dining area, in-unit laundry, and ample storage. Enjoy the perfect blend of modern convenience and old-world charm, along with two-car parking. This special opportunity is perfect as a year-round residence or care-free retreat near the harbor, beaches, shopping, and restaurants. Enjoy the best of the costal community of Marblehead.

Full Property Details for 40 R Prospect St #3

General

  • Sold For: $427,000
  • HOA FEE: $197/month
  • Taxes: $4,027 (2026)
  • Status: Closed
  • Type: Condo
  • Source: MLSPin
  • MLS ID: 73508871
  • Added to Site: 105 day(s) ago

Interior

  • Number of Rooms: 4
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Flooring: Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1
  • Bathroom 1: Full Bathroom, Linen Closet, Stone/Ceramic Tile Flooring, First

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Yes, First
  • Bedroom 2: Hardwood Flooring, Exterior Access, First

Other Rooms

  • Living Room: Walk-In Closet(s), Hardwood Flooring, Bay/Bow/Box Window(s), Exterior Access, First
  • Kitchen: Hardwood Flooring, First
  • Dining Room: Hardwood Flooring, First
  • Laundry: First Floor, In Unit

Exterior

  • Exterior Features: Patio, Fenced Yard, Garden, Stone Wall

Parking

  • Total Spaces: 2
  • Parking Features: Off Street, Assigned, Paved

Location

  • County: Essex
  • Driving Directions: Pleasant to Prospect. Unit is in back of building. Driveway on Cottage St

Community

  • Pets Allowed: Yes
  • Management Type: Owner Association

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Natural Gas
  • Heating Fuel: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Y
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 590
  • Sq. Ft. Source: Public Records
  • Living Area: 590 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Fence: Yes
  • Fencing (Description): Security, Fenced

Water Features

  • Water Front Desc.: Harbor, Ocean, 1/2 to 1 Mile To Beach

Financial Considerations

  • Price Per Sq. Ft.: $723.73
  • Association Fee: $197
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,027.48
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: New Windows 2023, Exterior Painted 2024.Gas Furnace 2010, Hot Water Elec 2018, Bedroom exterior door has loose molding, Fireplace is ornamental.
  • Property ID: M:0110 B:0031 L:3, 2023563

Meet the listing agent

Meet the listing agent
— 40 R Prospect St #3 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 40 R Prospect St #3

School District:Marblehead School District
NameGradesDistance
Village School
93 Village Street, Marblehead, MA 01945
4-60.5 mi
Marblehead Veterans Middle School
217 Pleasant Street, Marblehead, MA 01945
7-80.2 mi
Marblehead High School
2 Humphrey Street, Marblehead, MA 01945
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 R Prospect St #3

Date
Details
Price
Change
Source
7/29/2026
Sold
$427,000
-4.9%
MLS
6/03/2026
Price Reduced
$449,000
-2.37%
MLS
4/28/2026
Listed
$459,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ryan DeLisle

40-R Prospect St #3, Marblehead, MA 01945 (MLS# 73508871) is a Condo property that was sold at $427,000 on July 29, 2026. This property was listed by Zoe Karademos from our Marblehead Office.Want to learn more about 40-R Prospect St #3? Do you have questions about finding other Condo real estate for sale in Marblehead? You can browse all Marblehead real estate or contact a Coldwell Banker agent to request more information.