NOT LISTED FOR SALE

257 Ocean Ave Marblehead, MA 01945

Estimated Value: $5,154,643 - $5,973,000

5 Beds
4 Baths
6,156 Sq Ft
$919/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2017

Last sale price $2,500,000 $406 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $33,689 / mo

258 Days on Market

About This Home

As of November 2017

A breathtaking 1.7 acres with approximately 320 feet of oceanfront access makes this estate one of Marblehead Neck's largest and most desirable waterfront properties. Overlooking Tinker's island and the Boston skyline, waterviews abound from every room. Gracious turn of the century home with 5 bedrooms, 3 full and one half bathrooms. The estate also includes a carriage house with 2 bedrooms, deck space and a 3 car garage, as well as ample grounds, patios and a clay tennis court.

Last Agent to Sell the Property

Sagan McGuirk Team

Sagan Harborside Sotheby's International Realty Listed on: 01/17/2017

Last Buyer's Agent

Julie Sagan

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

1.77 Acres

Listing Details

  • Lot Description: Paved Drive, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Fireplaces: 4
  • Number of Rooms: 11
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Partial
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor
  • No Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Oth1 Room Name: Play Room
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Full
  • Oth3 Room Name: Den
  • Oth3 Dscrp: Flooring - Wood
  • Main Lo: C77800
  • Main So: C77800
  • Estimated Sq Ft: 6156.00

Exterior Features

  • Waterfront Property: Yes
  • Exterior: Shingles
  • Exterior Features: Patio
  • Foundation: Fieldstone
  • Waterfront: Ocean
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 3
  • Parking: Paved Driveway
  • Parking Spaces: 10

Utilities

  • Heat Zones: 1
  • Hot Water: Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: Res
  • Acre: 1.77
  • Lot Size: 76948.00

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2023
Sold by
Kapsalis Steven
Bought by
Carter Marilyn and Kapsalis Steven
Current Estimated Value
$5,657,548

Purchase Details

Listed on
Jan 17, 2017
Closed on
Nov 15, 2017
Sold by
Stirling Joshua
Bought by
Kapsalis Steven
Seller's Agent
Sagan McGuirk Team
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Julie Sagan
Sagan Harborside Sotheby's International Realty
List Price
$2,925,000
Sold Price
$2,500,000
Premium/Discount to List
-$425,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 27, 2014
Closed on
Aug 1, 2014
Sold by
Wilson Gregory and Wilson Lisa C
Bought by
Stirling Joshua and Stirling Kimberly P
Seller's Agent
Liz Carlson
Coldwell Banker Realty - Marblehead
Buyer's Agent
Liz Carlson
Coldwell Banker Realty - Marblehead
List Price
$3,250,000
Sold Price
$2,700,000
Premium/Discount to List
-$550,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.31%
Original Mortgage
$2,700,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 18, 2012
Closed on
Dec 13, 2013
Sold by
Av Sides and Av Flather
Bought by
Wilson Gregory and Wilson Lisa C
Seller's Agent
All Marblehead
William Raveis R.E. & Home Services
Buyer's Agent
Liz Carlson
Coldwell Banker Realty - Marblehead
List Price
$4,300,000
Sold Price
$3,000,000
Premium/Discount to List
-$1,300,000
-30.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carter Marilyn -- None Available
Kapsalis Steven $2,500,000 --
Stirling Joshua $2,700,000 --
Stirling Joshua $2,700,000 --
Wilson Gregory $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kapsalis Steven $2,000,000
Previous Owner Stirling Joshua $2,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2017 11/15/17 Sold $2,500,000 -10.7% $406 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $2,799,000 -4.3% $455 / Sq Ft
01/17/2017 01/17/17 For Sale $2,925,000 +8.3% $475 / Sq Ft
08/01/2014 08/01/14 Sold $2,700,000 0.0% $388 / Sq Ft View Prior Sale
07/22/2014 07/22/14 Pending -- -- --
06/17/2014 06/17/14 Off Market $2,700,000 -- --
06/13/2014 06/13/14 Price Changed $2,895,000 -10.9% $416 / Sq Ft
02/27/2014 02/27/14 For Sale $3,250,000 +8.3% $467 / Sq Ft
12/12/2013 12/12/13 Sold $3,000,000 0.0% $431 / Sq Ft View Prior Sale
12/09/2013 12/09/13 Pending -- -- --
12/03/2013 12/03/13 Off Market $3,000,000 -- --
06/28/2013 06/28/13 Price Changed $3,900,000 -9.3% $560 / Sq Ft
11/19/2012 11/19/12 For Sale $4,300,000 +43.3% $618 / Sq Ft
11/18/2012 11/18/12 Off Market $3,000,000 -- --
05/18/2012 05/18/12 For Sale $4,300,000 -- $618 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $44,323 $4,897,600 $2,655,800 $2,241,800
2024 $41,305 $4,609,900 $2,585,400 $2,024,500
2023 $44,380 $4,438,000 $2,479,800 $1,958,200
2022 $44,482 $4,228,300 $2,215,800 $2,012,500
2021 $42,775 $4,105,100 $2,092,600 $2,012,500
2020 $40,565 $3,904,200 $2,207,900 $1,696,300
2019 $38,124 $3,549,700 $2,273,900 $1,275,800
2018 $26,186 $2,376,200 $2,036,300 $339,900
2017 $31,436 $2,855,200 $2,347,800 $507,400
2016 $30,355 $2,734,700 $2,281,800 $452,900
2015 $32,436 $2,927,400 $2,281,800 $645,600
2014 $34,813 $3,139,100 $2,281,800 $857,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72109558

MLS Property Information Network (MLS PIN)

APN: MARB-000904-000010

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