Margaret Belmonte
Leading Edge Real Estate
(351) 208-9854
40 Total Sales
1 in Marblehead
$781,000 Price
279 Ocean Ave Marblehead, MA 01945
Marblehead AreaEstimated Value: $5,153,755
5
Beds
6
Baths
6,113
Sq Ft
$843/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 Agent to Sell the Property
Amanda Armstrong
Compass Listed on: 03/24/2015
Last Buyer's Agent
Hilary Foutes
Gibson Sotheby's International Realty
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Home Details
Home Type
Single Family
Year Built
1920
Lot Details
0.34 Acres
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2015
Closed on
Mar 30, 2016
Sold by
Bought by
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Hilary Foutes
Gibson 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
$2,053,755
Avg. Annual Appreciation
5.03%
Original Mortgage
$2,325,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 17, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marblehead, MA
-
Margaret Belmonte
-
Carol St. Pierre
Carol St. Pierre
Tache Real Estate, Inc.
(781) 776-5893
40 Total Sales
1 in Marblehead
$1,100,000 Price
-
Diane Cadogan Hughes
Diane Cadogan Hughes
Barrett Sotheby's International Realty
(781) 776-5452
73 Total Sales
1 in Marblehead
$768,000 Price
-
Lisa Licata-Schepici
Lisa Licata-Schepici
Responds QuicklyL.L.S. Realty LLC
(351) 666-4792
60 Total Sales
1 in Marblehead
$430,000 Price
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
1 in Marblehead
$720,000 Price
-
Justin Blankenship
Justin Blankenship
Fiv Realty Co
(781) 417-3370
64 Total Sales
1 in Marblehead
$885,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,100,000 | -- | ||
| $1,500,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,500,000 | ||
| Closed | $300,000 | ||
| Closed | $2,325,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
A
Seller's Agent in 2016
Amanda Armstrong
Compass
-
H
Buyer's Agent in 2016
Hilary Foutes
Gibson Sotheby's International Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71805495
APN: MARB-000904-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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