NOT LISTED FOR SALE

2 Gallison Ave Marblehead, MA 01945

Estimated Value: $2,882,697 - $3,720,000

4 Beds
4 Baths
5,000 Sq Ft
$655/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $1,800,000 $360 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $19,221/month

206 Days on Market

About This Home

As of June 2015

Originally built in 1915, this stately turn of the century "home on the hill" is being meticulously restored by Fine Period Homes from the craftsman style red cedar roofing, exterior and bracketed entrys to the period style windows and front columns. Situated on over 1/2 acre of land in the Goldthwait neighborhood, this 4 plus bedroom, 3.5 bathroom home offers today's living throughout. State-of-the art stainless steel and granite eat-in kitchen/family room combination, all new baths, luxurious master bedroom suite, dramatic great room with home theatre features pre-wired. High ceilings and rich hardwoods complement this thoughtful restoration that includes spacious rooms, 3 fireplaces and open floor plan. All new systems, plumbing, wiring, central air-conditioning and multi zone heat. Expansive yard and garden areas with private patio area off the kitchen. Mature trees and classic stone work complete this outstanding residence. Short walk to Gallison Beach and downtown Marblehead.

Last Agent to Sell the Property

Steven White

William Raveis R.E. & Home Services Listed on: 11/24/2014

William Raveis R.E. & Home Services

Last Buyer's Agent

Team Harborside

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1915

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Polyicynene Foam
  • Interior Amenities: Cable Available
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor, 22X13
  • Bedroom 3: Second Floor, 16X11
  • Bedroom 4: Second Floor, 14X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 19X19
  • Laundry Room: Second Floor
  • Living Room: First Floor, 28X18
  • Master Bedroom: Second Floor, 21X15
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Remodeled
  • Dining Room: First Floor, 17X16
  • Family Room: First Floor, 15X11

Exterior Features

  • Roof: Wood Shingles, Shake
  • Frontage: 115.00
  • Construction: Frame
  • Exterior: Shingles, Stone
  • Exterior Features: Patio, Gutters, Garden Area, Stone Wall
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jun 17, 2015
Sold by
2 Gallison Avenue Llc
Bought by
Williams Price and Williams Dominque
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$3,272,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,472,674
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,200,000
Outstanding Balance
$925,124
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,347,550

Purchase Details

Listed on
Feb 25, 2014
Closed on
Mar 19, 2014
Sold by
Eastbourne Rt and Ives
Bought by
Schluter Douglas and Schluter Carolyn I
Seller's Agent
Carmel Harney
William Raveis R.E. & Home Services
Buyer's Agent
Steven White
William Raveis R.E. & Home Services
List Price
$1,385,000
Sold Price
$1,285,000
Premium/Discount to List
-$100,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.95%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Ives Charles C and Ives Marianne G
Bought by
Schluter Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Williams Price $1,800,000 --
Schluter Douglas -- --
2 Gallison Avenue Llc $1,285,000 --
Schluter Douglas -- --
Schluter Douglas $990,000 --
Schluter Douglas $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Price $1,200,000
Closed Williams Price $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2015 06/18/15 Sold $1,800,000 0.0% $360 / Sq Ft
05/26/2015 05/26/15 Off Market $1,800,000 -- --
11/24/2014 11/24/14 For Sale $1,895,000 +47.5% $379 / Sq Ft
03/19/2014 03/19/14 Sold $1,285,000 0.0% $382 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
03/05/2014 03/05/14 Off Market $1,285,000 -- --
02/25/2014 02/25/14 For Sale $1,385,000 -- $411 / 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 $25,310 $2,796,700 $1,290,900 $1,505,800
2024 $26,245 $2,929,100 $1,475,300 $1,453,800
2023 $23,661 $2,366,100 $1,198,700 $1,167,400
2022 $22,096 $2,100,400 $959,000 $1,141,400
2021 $21,706 $2,083,100 $959,000 $1,124,100
2020 $19,520 $1,878,700 $811,400 $1,067,300
2019 $19,316 $1,798,500 $774,500 $1,024,000
2018 $19,007 $1,724,800 $700,800 $1,024,000
2017 $18,381 $1,669,500 $645,500 $1,024,000
2016 $19,084 $1,719,300 $753,700 $965,600
2015 $13,548 $1,222,700 $753,700 $469,000
2014 -- $1,354,100 $753,700 $600,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71771982

MLS Property Information Network (MLS PIN)

APN: MARB-000064-000001