NOT LISTED FOR SALE

291 Ocean Ave Unit B Marblehead, MA 01945

Estimated Value: $2,800,859 - $3,001,000

5 Beds
4 Baths
4,277 Sq Ft
$677/Sq Ft Est. Value

About This Home

As of January 2016

Waterfront-spectacular, premier location on the Neck in a large Victorian with 270 degree views from Beverly Farms to Boston, South Shore. Available from mid-September to mid-May. This house has perhaps the widest views in Marblehead and sits protected by huge rocks. Sunshine in January floods the house with warmth. Fireplace in the living room. Large kitchen, dining room. One of Marblehead's great Victorian houses. Updated kitchen. Completely renovated last year. A house like no other, with world-class views of the entire North Shore.

Last Agent to Rent the Property

Peter Lake

Lake Real Estate License #454001922 Listed on: 08/01/2015

Last Renter's Agent

Peter Lake

Lake Real Estate License #454001922 Listed on: 08/01/2015

Property Details

Home Type

Other

Year Built

1870

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Month Req: Yes
  • Last Month Req: Yes
  • Lead Paint: Certified Treated
  • Lease Terms: Lease
  • Pets Allowed: Yes
  • References Req: Yes
  • Rental Terms: Lease, Short Term
  • Rent Includes: Water, Sewerage Disposal, Refuse Removal, Beach Rights, Furnishings (See Remarks)
  • Security Deposit: 4000.00
  • Term Of Rental: 9
  • Unit In Building: B
  • Unit Level: 1

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Year Built: 1870

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat

Exterior Features

  • Waterfront Property: Yes
  • Exterior Features: Porch, Deck, Deck - Wood, Covered Patio/Deck, Gutters
  • Water View: Yes

Garage/Parking

  • Parking Spaces: 10

Utilities

  • Heating: Oil, Central Heat

Lot Info

  • Assessor Parcel Number: M:0912 B:0028 L:0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2020
Sold by
Darby Glen W and Darby Julie W
Bought by
Patel Neha D and Patel Pratik S
Current Estimated Value
$3,011,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,465,377
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,431,589

Purchase Details

Closed on
Feb 14, 1992
Sold by
Cook Henry and Cook Louise
Bought by
Darby Glen W and Darby Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
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
Patel Neha D $2,100,000 None Available
Darby Glen W $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neha D $1,680,000
Previous Owner Darby Glen W $250,000
Previous Owner Darby Glen W $650,000
Previous Owner Darby Glen W $334,000
Previous Owner Darby Glen W $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2016 01/01/16 Rented $4,000 -30.4% --
12/02/2015 12/02/15 Under Contract -- -- --
08/01/2015 08/01/15 For Rent $5,750 +4.5% --
09/12/2012 09/12/12 Rented $5,500 0.0% --
08/13/2012 08/13/12 Under Contract -- -- --
06/15/2012 06/15/12 For Rent $5,500 -- --
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 $23,646 $2,612,800 $1,819,200 $793,600
2024 $22,814 $2,546,200 $1,767,300 $778,900
2023 $23,302 $2,330,200 $1,689,300 $640,900
2022 $22,258 $2,115,800 $1,494,400 $621,400
2021 $21,392 $2,053,000 $1,403,400 $649,600
2020 $22,311 $2,147,400 $1,559,300 $588,100
2019 $21,668 $2,017,500 $1,429,400 $588,100
2018 $20,515 $1,861,600 $1,273,500 $588,100
2017 $20,496 $1,861,600 $1,273,500 $588,100
2016 $20,799 $1,873,800 $1,337,100 $536,700
2015 $20,762 $1,873,800 $1,337,100 $536,700
2014 $20,624 $1,859,700 $1,337,100 $522,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2016

    Peter Lake

    Lake Real Estate

    Section Image
  • Jack Attridge

    Seller's Agent in 2012

    Jack Attridge

    William Raveis R.E. & Home Services

    (781) 883-3200

    112 in this area

    126 Total Sales

    Jack Attridge
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71882702

MLS Property Information Network (MLS PIN)

APN: MARB-000912-000030

Massachusetts Essex County Marblehead 01945

291 Ocean Ave Unit B, Marblehead, MA

Not Listed for Sale

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