Seller's Agent in 2016
Amanda Armstrong
Compass
(978) 879-6322
3 in this area
227 Total Sales
279 Ocean Ave Marblehead, MA 01945
Estimated Value: $4,314,844 - $4,925,000
5
Beds
6
Baths
6,113
Sq Ft
$749/Sq Ft
Est. Value
About This Home
As of March 2016Perched high above its own private beach, this waterfront property commands a prime location on coveted Marblehead Neck. The 5 bedroom, 5.5 bath home fully inhabits its majestic maritime setting, with sweeping views of the Atlantic Ocean anchored by a focal point of Tinker's Island, elegant and simple interior spaces that welcome the sea and sky and an open floor plan that invites casual living and elegant entertaining. Step through the front door and sparkling blue sea meets your gaze from across the living room, holding it as you move through light-filled rooms accented by high windows, quartered red oak floors, custom mahogany cabinets and period crown and base molding and columns. Expansive mahogany decks off the kitchen, living room, family room and office as well as a covered porch off the dining room ensure that sun, air and surf are never more than a step away. The home joins functionality and luxury in the service of its natural setting.
Last Buyer's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
Home Details
Home Type
Single Family
Year Built
1920
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Cleared, Scenic View(s)
- Property Type: Single Family
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: Detached
- Stories: 3
- Year Built: 1920
Interior Features
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood
- Fireplaces: 2
- Has Basement: Yes
- Fireplaces: 2
- Primary Bathroom: Yes
- Number of Rooms: 12
- Amenities: Public Transportation, Shopping, Walk/Jog Trails, House of Worship, Marina, Public School
- Electric: 200 Amps
- Energy: Insulated Windows, Insulated Doors
- Flooring: Tile, Wall to Wall Carpet, Hardwood
- Insulation: Full
- Interior Amenities: Security System, Cable Available
- Basement: Full, Finished, Walk Out, Interior Access, Concrete Floor
- Bedroom 2: Second Floor, 10X14
- Bedroom 3: Second Floor, 14X13
- Bedroom 4: Third Floor, 11X15
- Bedroom 5: Third Floor, 11X15
- Bathroom #1: First Floor, 6X8
- Bathroom #2: Second Floor, 3X13
- Bathroom #3: Second Floor, 5X9
- Kitchen: First Floor, 19X21
- Laundry Room: First Floor
- Living Room: First Floor, 17X27
- Master Bedroom: Second Floor, 20X13
- Master Bedroom Description: Bathroom - Full, Closet - Linen, Flooring - Hardwood, Flooring - Marble, Double Vanity, Dressing Room, Recessed Lighting
- Dining Room: First Floor, 11X16
- Family Room: First Floor, 19X25
- Oth1 Room Name: Bathroom
- Oth1 Dimen: 6X10
- Oth1 Dscrp: Bathroom - Full, Flooring - Stone/Ceramic Tile
- Oth2 Room Name: Study
- Oth2 Dimen: 5X10
- Oth2 Dscrp: Closet/Cabinets - Custom Built, Flooring - Hardwood
- Oth3 Room Name: Office
- Oth3 Dimen: 10X13
- Oth3 Dscrp: Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony - Exterior
- Oth4 Room Name: Mud Room
- Oth4 Dimen: 8X16
- Oth4 Dscrp: Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
- Oth5 Room Name: Media Room
- Oth5 Dimen: 16X23
- Oth5 Dscrp: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Slider
- Oth6 Room Name: Bathroom
- Oth6 Dimen: 6X10
- Oth6 Dscrp: Flooring - Stone/Ceramic Tile
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Waterfront Property: Yes
- Construction: Frame
- Exterior: Shingles
- Exterior Features: Porch, Deck - Wood, Patio, Covered Patio/Deck, Gutters, Sprinkler System, Screens, Garden Area
- Foundation: Poured Concrete, Fieldstone, Irregular
- Waterfront: Ocean, Frontage, Walk to, Direct Access, Private
- Beach Ownership: Private
- Waterview Flag: Yes
Garage/Parking
- Garage Parking: Attached, Garage Door Opener, Heated, Storage, Side Entry
- Garage Spaces: 2
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Cooling: Central Air
- Heating: Forced Air, Electric Baseboard, Radiant, Gas
- Cooling Zones: 5
- Heat Zones: 5
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
- Sewer: City/Town Sewer
- Water: City/Town Water
Lot Info
- Zoning: LSR
Multi Family
- Foundation: xxxx
- Sq Ft Incl Bsmt: Yes
- Waterview: Ocean, Private, Walk to
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2015
Closed on
Mar 30, 2016
Sold by
Noble Carol A and Davis Noble A
Bought by
Satin Adam R and Satin Sinthisone K
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
List Price
$3,499,000
Sold Price
$3,100,000
Premium/Discount to List
-$399,000
-11.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,478,615
Avg. Annual Appreciation
4.06%
Original Mortgage
$2,325,000
Outstanding Balance
$1,794,178
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,784,437
Purchase Details
Closed on
Feb 17, 2000
Sold by
Sledge Clement B and Sledge Georgia K
Bought by
Noble A Davis and Noble Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Satin Adam R | $3,100,000 | -- | |
| Noble A Davis | $1,500,000 | -- | |
| Noble A Davis A | $1,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Satin Adam R | $2,325,000 | |
| Closed | Satin Adam R | $2,325,000 | |
| Previous Owner | Noble A Davis A | $500,000 | |
| Previous Owner | Noble A Davis A | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2016 03/30/16 | Sold | $3,100,000 | -8.8% | $507 / Sq Ft |
| 12/28/2015 12/28/15 | Pending | -- | -- | -- |
| 10/06/2015 10/06/15 | Price Changed | $3,399,000 | -2.9% | $556 / Sq Ft |
| 03/24/2015 03/24/15 | For Sale | $3,499,000 | -- | $572 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $37,245 | $4,115,500 | $3,066,000 | $1,049,500 |
| 2024 | $36,707 | $4,096,800 | $3,066,000 | $1,030,800 |
| 2023 | $37,537 | $3,753,700 | $2,901,400 | $852,300 |
| 2022 | $38,598 | $3,669,000 | $2,841,600 | $827,400 |
| 2021 | $37,885 | $3,635,800 | $2,841,600 | $794,200 |
| 2020 | $33,105 | $3,186,200 | $2,467,700 | $718,500 |
| 2019 | $33,416 | $3,111,400 | $2,392,900 | $718,500 |
| 2018 | $34,288 | $3,111,400 | $2,392,900 | $718,500 |
| 2017 | $35,420 | $3,217,100 | $2,392,900 | $824,200 |
| 2016 | $33,591 | $3,026,200 | $2,198,500 | $827,700 |
| 2015 | $33,530 | $3,026,200 | $2,198,500 | $827,700 |
| 2014 | $33,312 | $3,003,800 | $2,198,500 | $805,300 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
-
H
Buyer's Agent in 2016
Hilary Foutes
Sagan Harborside Sotheby's International Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71805495
APN: MARB-000904-000003
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