NOT LISTED FOR SALE

3 Driftwood Rd Marblehead, MA 01945

Estimated Value: $1,376,000 - $2,184,000

4 Beds
3 Baths
2,868 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $954,000 $333 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $10,784/month

80 Days on Market

About This Home

As of September 2014

DIRECT WATERFRONT property overlooking sailboats and Salem Harbor .Beautifully wooded hideaway located at the end of a quiet cul de sac 4 Great bedrooms and 3 full baths are to be enjoyed. Also Offered are a Sunny open eat in kitchen above rolling lawn with water views. plus a Large living room and dining room peacefully viewing the harbor.The spacious First floor family room and bright separate Laundry Room are an added plus. The master suite faces the harbor has its own bath, Each room is large and bright.There are many opportunities to make this home a home for today set upon a beautiful wooded site in a lovely neighborhood in Marblehead. You can even join the Marblehead Cliffs association which offers a neighborhood beach access, a float ,and community get togethers if you wish .Come sit on your private wooded patio and enjoy the treats of Marblehead!

Last Agent to Sell the Property

Hilary Foutes

Sagan Harborside Sotheby's International Realty Listed on: 06/02/2014

Last Buyer's Agent

Phyllis Sagan

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

1970

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Shopping, Park, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Laminate, Stone / Slate
  • Interior Amenities: Cable Available, Laundry Chute
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Deck - Roof, Patio, Professional Landscaping, Sprinkler System
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Storage, Work Area
  • Garage Spaces: 2
  • Parking: Off-Street, Deeded, Improved Driveway, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Sep 17, 2014
Sold by
Winograd Ft and Winograd
Bought by
Katz Stephanie J and Katz Joshua
Seller's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Phyllis Sagan
Sagan Harborside Sotheby's International Realty
List Price
$1,100,000
Sold Price
$954,000
Premium/Discount to List
-$146,000
-13.27%
Current Estimated Value
$1,791,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,806
Avg. Annual Appreciation
5.75%
Original Mortgage
$667,800
Outstanding Balance
$409,075
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,382,731

Purchase Details

Closed on
Oct 16, 2012
Sold by
Winograd David E and Winograd Anne B
Bought by
Winograd Ft
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Katz Stephanie J $954,000 --
Winograd Ft -- --
Winograd Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Stephanie J $667,800
Closed Winograd Ft $667,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $954,000 0.0% $333 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/11/2014 07/11/14 Off Market $954,000 -- --
07/08/2014 07/08/14 Price Changed $999,000 -9.2% $348 / Sq Ft
06/02/2014 06/02/14 For Sale $1,100,000 -- $384 / 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 $16,757 $1,851,600 $1,394,300 $457,300
2024 $17,705 $1,976,000 $1,533,800 $442,200
2023 $15,682 $1,568,200 $1,213,100 $355,100
2022 $14,503 $1,378,600 $1,087,600 $291,000
2021 $13,099 $1,257,100 $976,000 $281,100
2020 $13,756 $1,324,000 $1,045,700 $278,300
2019 $12,603 $1,173,500 $906,300 $267,200
2018 $12,164 $1,103,800 $836,600 $267,200
2017 $11,999 $1,089,800 $822,600 $267,200
2016 $11,013 $992,200 $725,000 $267,200
2015 $11,945 $1,078,100 $766,900 $311,200
2014 $14,604 $1,316,900 $1,045,700 $271,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71691539

MLS Property Information Network (MLS PIN)

APN: MARB-000076-000013