NOT LISTED FOR SALE

1 Driftwood Rd Marblehead, MA 01945

Estimated Value: $2,555,000 - $3,595,000

5 Beds
3 Baths
4,264 Sq Ft
$718/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $1,930,000 $453 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $17,945/month

7 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Wood Flooring
  • Marblehead High School Rated A
  • Landscaped Professionally
  • Balcony

About This Home

As of November 2018

Direct WATERFRONT, featured in Marblehead Magazine! Cul de sac location in the Cliffs with amazing views of Salem Harbor. Completely remodeled in 2007. Desirable single level living in bright, open floor plan. Chef's kitchen with Wolf stove, Subzero fridge, custom cabinets, and soap stone island with prep sink and disposal. Family, living, and dining rms, plus 3 bdrms and full bath complete the main floor. Master has en suite bath (rain shower and side jets), balcony and walk-in closet. All overlooking in-ground heated pool, manicured yard (with sprinklers), and harbor. Lower level is ideal for guests, visiting family, or teens, with full kitchen, 2 beds, 1 bath, dining and living areas, and office. Other special features include radiant floor heat, surround sound, Wayne alarm, Buderus boiler, cedar closet, and spacious 2-car garage with outlet for electric car. Enjoy coffee from your deck and then walk your Kayak down to the water from your private steps. A must see harbor front home!

Last Agent to Sell the Property

Emily Gaffney

Coldwell Banker Realty - Marblehead Listed on: 08/14/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Emily Gaffney

Coldwell Banker Realty - Marblehead Listed on: 08/14/2018

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,691

Year Built

  • Built in 1964

Lot Details

  • Kennel
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Garden
  • Property is zoned SSR

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • Wired For Sound
  • Decorative Lighting
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Covered Deck
  • Patio
  • Storage Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Radiant Heating System
  • Water Treatment System
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 140220

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,691

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary, Ranch
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 457.32
  • Comp Based On: Net Sale Price
  • Year Built: 1964
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Fireplaces: 3
  • Flooring: Hardwood, Stone / Slate
  • Interior Amenities: Security System, Cable Available, Wired for Surround Sound
  • Appliances: Range, Dishwasher, Disposal, Compactor, Microwave, Refrigerator, Washer, Dryer, Water Treatment, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Balcony - Exterior, Main Level, Cable Hookup, Slider
  • Bedroom 2: On Level: First Floor, Flooring - Hardwood, Main Level, Cable Hookup
  • Bedroom 3: On Level: First Floor, Closet, Flooring - Hardwood, Cable Hookup
  • Bedroom 4: On Level: Basement, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Basement, Closet, Flooring - Hardwood
  • Full Bathrooms: 3
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level, Recessed Lighting
  • Bathroom 2: On Level: Basement, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 11
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Main Level, Deck - Exterior, Slider
  • Family Room: On Level: First Floor, Fireplace, Ceiling - Cathedral, Flooring - Hardwood, Main Level, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: First Floor, Skylight, Flooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Basement, Closet, Flooring - Vinyl, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: First Floor, Fireplace, Ceiling - Cathedral, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Main Level, Recessed Lighting
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out, Interior Access, Slab
  • Other Room 1: Name: Kitchen, On Level: Basement, Flooring - Hardwood, Dining Area, Pantry, Countertops - Upgraded, Open Floor Plan, Recessed Lighting, Second Dishwasher, Gas Stove
  • Other Room 2: Name: Great Room, On Level: Basement, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting
  • Other Room 3: Name: Home Office, On Level: Basement, Flooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Slider
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 4264.00

Exterior Features

  • Beach Ownership: Association
  • Waterfront: Ocean, Harbor, Frontage, Direct Access, Private
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Frontage: 68.00
  • Waterfront Flag: Yes
  • Waterview Features: Harbor, Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Patio, Covered Patio/Deck, Balcony, Pool - Inground Heated, Storage Shed, Professional Landscaping, Sprinkler System, Decorative Lighting, Garden Area, Kennel, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2
  • Garage Parking: Detached, Garage Door Opener, Side Entry
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Heating: Hot Water Baseboard, Radiant, Gas
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Home Own Association: Yes

Schools

  • Elementary School: Public
  • Middle School: Veterans
  • High School: MHS

Lot Info

  • Assessments: 1238900.00
  • Acre: 0.39
  • Lot Size: 17380.00
  • Page: 356
  • Parcel Number: 140220
  • Zoning: SSR
  • Lot Description: Paved Drive, Easements, Gentle Slope, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 13628.00
  • Assessor Parcel Number: 2022401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 14, 2018
Sold by
Driftwood Nt
Bought by
Rockett Edward and Rockett Joan
Seller's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
Buyer's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
List Price
$1,950,000
Sold Price
$1,930,000
Premium/Discount to List
-$20,000
-1.03%
Current Estimated Value
$3,061,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,131,156
Avg. Annual Appreciation
6.88%
Original Mortgage
$880,000
Outstanding Balance
$554,333
Interest Rate
4.7%
Mortgage Type
Unknown
Estimated Equity
$2,506,823

Purchase Details

Closed on
Jun 30, 1998
Sold by
Daly Richard F and Daly Jean C
Bought by
Driftwood Nt and Peckham Thomas E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rockett Edward $1,930,000 --
Driftwood Nt $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockett Edward $880,000
Previous Owner Driftwood Nt $940,000
Previous Owner Driftwood Nt $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $1,930,000 -1.0% $453 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $1,950,000 -- $457 / 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 $22,691 $2,507,300 $1,583,300 $924,000
2024 $20,921 $2,334,900 $1,741,600 $593,300
2023 $19,603 $1,960,300 $1,377,500 $582,800
2022 $19,591 $1,862,300 $1,235,000 $627,300
2021 $18,151 $1,741,900 $1,108,300 $633,600
2020 $17,128 $1,648,500 $1,187,500 $461,000
2019 $14,155 $1,318,000 $1,029,100 $288,900
2018 $13,653 $1,238,900 $950,000 $288,900
2017 $13,465 $1,223,000 $934,100 $288,900
2016 $12,495 $1,125,700 $823,300 $302,400
2015 $13,009 $1,174,100 $870,800 $303,300
2014 $13,854 $1,249,200 $950,000 $299,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72378893

MLS Property Information Network (MLS PIN)

APN: MARB-000076-000014