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Town-Owned Green Street House Back On The Market

Selectmen agreed to offer the house at 57 Green St. for $70,000.

After trying last fall to sell the town-owned home at 57 Green St., the Board of Selectmen Wednesday night agreed to put the 840-square-foot house and the 2,425-square-foot lot on sale for $70,000.

"I think there will be interest at that level," said Rebecca Curran, the town's chief procurement officer and town planner.

The town had tried to sell the house, which is half of a duplex. Marblehead acquired the property through tax foreclosure for $137,500. The attached house has a number of "deferred maintenance issues," she said.

Because the brown, wood-sided home, built in 1850, is attached to another house, it presents some "unique" challenges, Curran said.

She said the offers the town received last fall were below the minimum set by the town, based on its appraised value. After the house did not generate any acceptable offers, Curran talked with the appraisers, who came up with the lower price.

The town will again advertise the house at 57 Green St. in the next few weeks.

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