NOT LISTED FOR SALE

291 Ocean Ave Marblehead, MA 01945

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

4 Beds
5 Baths
4,595 Sq Ft
$630/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $2,100,000 $457 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $17,564/month

333 Days on Market

Highlights

  • Ocean View
  • Deck
  • Heating System Uses Steam
  • Marblehead High School Rated A-
  • Wood Flooring

About This Home

As of August 2020

Located on Marblehead Neck, this wonderful home has fabulous water views overlooking the ocean and Tinker's Island, and has direct access to a private beach just steps from the kitchen door. Don't miss seeing this 5 bedroom home – Built at the turn of the century, the house has beautiful Victorian details. Large rooms, high ceilings, a large updated kitchen, 3 full baths, 2 half baths. The large master suite overlooks the ocean and has two walk-in closets and a full bathroom.

Last Agent to Sell the Property

Christine Cowden

Compass Listed on: 08/20/2019

Compass

Co-Listed By

Bill Willis Jr.

Compass

Last Buyer's Agent

Kathleen Murphy

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907

Lot Details

  • Sprinkler System
  • Property is zoned LSR

Parking

  • 1 Car Garage

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Hydro-Air Heating System

Additional Features

  • Ocean Views
  • Deck
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0912 B:0030 L:0

Home Details

Home Type

Single Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 521.22
  • Comp Based On: Net Sale Price
  • Year Built: 1907
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Appliances: Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Ceiling - Cathedral, Flooring - Wall to Wall Carpet, Deck - Exterior
  • Bedroom 2: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 5: On Level: Third Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Family Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island
  • Laundry: On Level: Second Floor
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Partial, Partially Finished, Interior Access
  • Other Room 1: Name: Bathroom, On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Other Room 2: Name: Play Room, On Level: Basement, Flooring - Wall to Wall Carpet
  • Main Lo: K95001
  • Main So: BB5918
  • Estimated Sq Ft: 4595.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Private
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck, Sprinkler System
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Steam, Oil, Hydro Air

Lot Info

  • Assessments: 2147400.00
  • Acre: 0.21
  • Lot Size: 9270.00
  • Page: 13
  • Parcel Number: M:0912 B:0030 L:0
  • Zoning: LSR
  • Lot Description: Scenic View(s)

Tax Info

  • Taxes: 22311.00
  • Assessor Parcel Number: 2028137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Aug 13, 2020
Sold by
Darby Glen W and Darby Julie W
Bought by
Patel Neha D and Patel Pratik S
Seller's Agent
Christine Cowden
Compass
Buyer's Agent
Kathleen Murphy
Gibson Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
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.
Estimated Appreciation
$911,864
Avg. Annual Appreciation
6.12%
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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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
08/17/2020 08/17/20 Sold $2,100,000 -12.3% $457 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $2,395,000 -- $521 / Sq Ft
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72552405

MLS Property Information Network (MLS PIN)

APN: MARB-000912-000030