NOT LISTED FOR SALE

283 Ocean Ave Marblehead, MA 01945

Estimated Value: $3,771,000 - $4,655,000

5 Beds
5 Baths
3,857 Sq Ft
$1,100/Sq Ft Est. Value

About This Home

This home is located at 283 Ocean Ave, Marblehead, MA 01945 and is currently estimated at $4,244,196, approximately $1,100 per square foot. 283 Ocean Ave is a home located in Essex County with nearby schools including Marblehead High School, Devereux School, and Tower School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2010
Sold by
Adler James and Adler Jill
Bought by
Raisides James P and Raisides Vonda L
Current Estimated Value
$4,244,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,088,312
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,155,884

Purchase Details

Closed on
Nov 18, 2002
Sold by
Schwalm Karen K and Schwalm William J
Bought by
Alder James and Alder Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Monette Carole A
Bought by
Schwalm William J

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
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1992
Sold by
Martin Rt Elinor S
Bought by
Schuman Carole A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Raisides James P $2,850,000 --
Raisides James P $2,850,000 --
Alder James $3,198,000 --
Alder James $3,198,000 --
Schwalm William J $1,665,000 --
Schwalm William J $1,665,000 --
Schuman Carole A $646,700 --
Schuman Carole A $646,700 --
Schuman Carole A $646,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raisides James P $1,650,000
Closed Schuman Carole A $1,650,000
Previous Owner Alder James $1,600,000
Previous Owner Alder James $300,000
Previous Owner Schwalm William J $1,100,000
Source: Public Records

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 $37,399 $4,132,500 $2,701,900 $1,430,600
2024 $36,809 $4,108,200 $2,701,900 $1,406,300
2023 $37,274 $3,727,400 $2,556,900 $1,170,500
2022 $38,316 $3,642,200 $2,504,200 $1,138,000
2021 $37,867 $3,634,100 $2,504,200 $1,129,900
2020 $33,275 $3,202,600 $2,174,700 $1,027,900
2019 $33,688 $3,136,700 $2,108,800 $1,027,900
2018 $34,566 $3,136,700 $2,108,800 $1,027,900
2017 $33,993 $3,087,500 $2,108,800 $978,700
2016 $31,202 $2,811,000 $1,937,500 $873,500
2015 $31,146 $2,811,000 $1,937,500 $873,500
2014 $30,953 $2,791,100 $1,937,500 $853,600
Source: Public Records

Map

Massachusetts Essex County Marblehead 01945

283 Ocean Ave, Marblehead, MA

Not Listed for Sale

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