NOT LISTED FOR SALE

2 Foster St Marblehead, MA 01945

Estimated Value: $2,875,469 - $3,687,000

5 Beds
6 Baths
5,835 Sq Ft
$566/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $2,150,000 $368 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $19,687/month

548 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Waterfront
  • Marblehead High School Rated A-
  • Medical Services
  • 0.53 Acre Lot

About This Home

As of August 2024

AUCTION BIDDING OPEN: Bidding ends July 18th. Previously Listed $3.75M. Current High Bid $1.9M. No Reserve. Showings Saturday and Sunday 2-4pm, and Daily By Appt. Redgate is a lovely Marblehead Neck home situated on picturesque Marblehead harbor. This modern prestigious shingle-style home was featured in Traditional Home Magazine. The location coupled with the high ceilings and oversized windows make this architecturally designed modern shingle-style home an East Coast gem. It boasts a dramatic Great Room, spacious kitchen with a dining area taking advantage of the 180-degree views of the harbor. All three bedrooms in the main house are flooded with natural light and harbor views. The primary suite occupies the entire third floor, with a sitting room, an expansive harbor-facing deck, a walk-in closet, and two bathrooms. Warm wood floors and airy open spaces make this home perfect for entertaining. In addition to the spacious main house, there is an attached 2 BR Gardener’s Cottage

Last Agent to Sell the Property

Traci Howe

Sagan Harborside Sotheby's International Realty Listed on: 01/17/2023

Sagan Harborside Sotheby's International Realty

Co-Listed By

Jodi Gildea

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Traci Howe

Sagan Harborside Sotheby's International Realty Listed on: 01/17/2023

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,120

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Waterfront
  • Stone Wall
  • Level Lot
  • Sprinkler System
  • Property is zoned LSR

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Harbor

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5,835 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Stained Glass
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Sitting Room
  • Sunken Living Room
  • Dining Area
  • Den
  • Exterior Basement Entry
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Pedestal Sink
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio

Location

  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Whole House Fan
  • 6 Cooling Zones
  • 7 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Tax Block 5A
  • Assessor Parcel Number 907 5A 0,2028014

Community Details

Overview

  • No Home Owners Association
  • Marblehead Neck Subdivision
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,120

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Shingle
  • Year Built: 1986
  • Subdivision Name: Marblehead Neck
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Flooring - Wood, Flooring - Hardwood
  • Interior Amenities: Bathroom - Full, Soaking Tub, Bathroom - Tiled With Shower Stall, Bathroom - With Shower Stall, Cathedral Ceiling(s), Closet, Dining Area, Attic Access, Closet - Double, Wet bar, Breakfast Bar / Nook, Recessed Lighting, Sunken, Crown Molding, Decorative Molding, Closet/Cabinets - Custom Built, Balcony - Interior, Open Floorplan, Window Seat, Bathroom, Inlaw Apt., Den, Sitting Room, Great Room, Central Vacuum
  • Door Features: French Doors
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Exterior Access, Closet - Double
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Exterior Access, Recessed Lighting, Closet - Double
  • Room Bedroom3 Level: Main,First
  • Room Bedroom4 Level: Main,First
  • Room Bedroom4 Features: Closet, Flooring - Hardwood, Flooring - Wood, Exterior Access
  • Room Bedroom5 Level: Main,First
  • Room Bedroom5 Features: Closet, Flooring - Hardwood, Flooring - Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Flooring - Wood, Window(s) - Stained Glass, Balcony / Deck, Balcony - Interior, Balcony - Exterior, French Doors, Deck - Exterior, Exterior Access, Closet - Double
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 3 Features: Bathroom - Half, Pedestal Sink
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wood, Open Floorplan, Recessed Lighting, Crown Molding
  • Room Dining Room Level: Second
  • Room Family Room Level: Second
  • Room Family Room Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Balcony - Interior, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Crown Molding
  • Room Kitchen Level: Second
  • Room Kitchen Features: Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, French Doors, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
  • Laundry Features: Dryer Hookup - Electric, Washer Hookup, Main Level, Electric Dryer Hookup, Exterior Access, Sink, First Floor, Gas Dryer Hookup
  • Living Area: 5835
  • Spa Features: Bath
  • Spa YN: No
  • Window Features: Skylight(s), Skylight, Window(s) - Bay/Bow/Box
  • MAIN LO: AN4471
  • MAIN SO: AN4471
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Balcony / Deck, Deck, Deck - Wood, Patio, Sprinkler System, Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Exterior, Deck, Deck - Wood, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Dock/Mooring, Frontage, Direct Access, Walk to, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Storage, Workshop in Garage, Off Street, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Ductless, Whole House Fan
  • Heating: Baseboard, Natural Gas, Fireplace
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 7
  • COOLING ZONES: 6

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 907 5A 0,2028014
  • Zoning: LSR
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23217
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 41120.13
  • Tax Block: 5A
  • Tax Lot: 0

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Harbor, Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Aug 9, 2024
Sold by
Two Foster Street Nt and Lavoie
Bought by
J & N Re Company Llc
Seller's Agent
Traci Howe
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Traci Howe
Sagan Harborside Sotheby's International Realty
List Price
$5,000,000
Sold Price
$2,150,000
Premium/Discount to List
-$2,850,000
-57%
Views
2007
Current Estimated Value
$3,302,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,490
Avg. Annual Appreciation
36.18%

Purchase Details

Closed on
Aug 20, 1992
Sold by
Dobroth Margaret
Bought by
Lavoie Norman W and Lavoie Abby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & N Re Company Llc $2,150,000 None Available
Lavoie Norman W $1,362,500 --
Lavoie Norman W $1,362,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavoie Norman W $500,000
Previous Owner Lavoie Norman W $1,000,000
Previous Owner Lavoie Norman W $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $2,150,000 +13.2% $368 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $1,900,000 -49.3% $326 / Sq Ft
02/23/2024 02/23/24 Price Changed $3,750,000 -3.8% $643 / Sq Ft
07/13/2023 07/13/23 Price Changed $3,900,000 -13.3% $668 / Sq Ft
04/27/2023 04/27/23 Price Changed $4,500,000 -10.0% $771 / Sq Ft
01/17/2023 01/17/23 For Sale $5,000,000 -- $857 / 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 $29,014 $3,206,000 $2,463,900 $742,100
2024 $41,120 $4,589,300 $3,519,900 $1,069,400
2023 $42,738 $4,273,800 $3,331,000 $942,800
2022 $44,074 $4,189,500 $3,262,300 $927,200
2021 $43,005 $4,127,200 $3,262,300 $864,900
2020 $38,087 $3,665,700 $2,833,100 $832,600
2019 $38,447 $3,579,800 $2,747,200 $832,600
2018 $39,449 $3,579,800 $2,747,200 $832,600
2017 $39,590 $3,595,800 $2,747,200 $848,600
2016 $37,436 $3,372,600 $2,524,000 $848,600
2015 $38,066 $3,435,600 $2,524,000 $911,600
2014 $38,101 $3,435,600 $2,524,000 $911,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73071243

MLS Property Information Network (MLS PIN)

APN: MARB-000907-000005-A000000