NOT LISTED FOR SALE

321 Ocean Ave Marblehead, MA 01945

Estimated Value: $4,641,000 - $5,757,000

5 Beds
6 Baths
4,331 Sq Ft
$1,149/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $4,380,000 $1,011 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $29,572/month

20 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Waterfront
  • Marblehead High School Rated A
  • Sauna
  • 1.14 Acre Lot

About This Home

As of August 2022

Wonderful opportunity to enjoy Marblehead living at its finest. This spacious and gracious home sits on a bluff with sweeping views directly out over the ocean. Built in 1920, the home retains much of its original charm, period details and architectural elegance, yet offers many recent updates providing for luxurious living for today's discriminating buyer. Experience the breathtaking vistas and sounds of the sea with spectacular views from almost every room. The tastefully landscaped grounds feature an acre+ of rolling lawns and beautiful gardens leading to your own private gate allowing direct access to the rocks, ocean and beach. The home offers plenty of space including 4 bedrooms with en-suite baths including a stunning master with luxurious spa-like bath and amazing views. Located in Marblehead - a unique town that embraces community and sea-side living.

Last Agent to Sell the Property

Team Harborside

Sagan Harborside Sotheby's International Realty Listed on: 05/10/2022

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Team Harborside

Sagan Harborside Sotheby's International Realty Listed on: 05/10/2022

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,961

Year Built

  • Built in 1920

Lot Details

  • 1.14 Acre Lot
  • Waterfront
  • Stone Wall
  • Landscaped Professionally
  • Corner Lot
  • Sprinkler System
  • Garden
  • Property is zoned LSR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,331 Sq Ft Home
  • Decorative Lighting
  • 5 Fireplaces
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Sauna

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number M:0913 B:0007 L:0,2028150

Community Details

Overview

  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,961

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other (See Remarks)
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Marble, Hardwood, Stone / Slate
  • Interior Amenities: Sauna/Steam/Hot Tub
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: Yes
  • Fireplaces: 5
  • Appliances: Range,Dishwasher,Disposal,Trash Compactor,Microwave,Refrigerator,Washer,Dryer,Range Hood
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Master Bathroom Features: Yes
  • Basement: Partial, Crawl Space, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 4331
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN4471
  • MAIN SO: AN4471

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Garden, Stone Wall
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Waterfront Features: Waterfront, Beach Front, Ocean, Beach Access, Ocean, Direct Access, Frontage, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Radiant, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 5
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:0913 B:0007 L:0,2028150
  • Zoning: LSR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49810
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 38961

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 22, 2020
Sold by
Rosenthal Daniel I and Rosenthal Jacqueline M
Bought by
Wang Zhenkun and Yao Zioaohua
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
JULIE CREMIN
William Raveis R.E. & Home Services
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Current Estimated Value
$4,977,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,127,903
Avg. Annual Appreciation
10.82%
Original Mortgage
$1,852,500
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2017
Sold by
Rosenthal Daniel I and Rosenthal Jacqueline M
Bought by
Rosenthal Daniel I and Rosenthal Jacqueline M

Purchase Details

Closed on
Nov 14, 2012
Sold by
Rosenthal Daniel I and Rosenthal Jacqueline M
Bought by
Rosenthal Daniel I and Rosenthal Jacqueline M

Purchase Details

Closed on
Jun 29, 2007
Sold by
Ricci Paul
Bought by
Rosenthal Daniel I and Rosenthal Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Doe Charles F and Doe Deborah M
Bought by
Ricci Paul

Purchase Details

Closed on
Jun 25, 1998
Sold by
Shannon James M
Bought by
Doe Charles F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Zhenkun $2,850,000 None Available
Rosenthal Daniel I -- --
Rosenthal Daniel I -- --
Rosenthal Daniel I $3,700,000 --
Rosenthal Daniel I $3,700,000 --
Ricci Paul $3,250,000 --
Doe Charles F $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Zhenkun $1,852,500
Previous Owner Rosenthal Daniel I $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $4,380,000 -2.2% $1,011 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $4,480,000 +57.2% $1,034 / Sq Ft
07/07/2020 07/07/20 Sold $2,850,000 -4.8% $658 / Sq Ft View Prior Sale
01/17/2020 01/17/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $2,995,000 0.0% $692 / Sq Ft
11/14/2019 11/14/19 Price Changed $2,995,000 -10.6% $692 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $3,350,000 -6.8% $773 / Sq Ft
03/05/2019 03/05/19 For Sale $3,595,000 -- $830 / 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 $40,651 $4,491,800 $3,450,400 $1,041,400
2024 $38,439 $4,290,100 $3,450,400 $839,700
2023 $37,853 $3,785,300 $3,268,900 $516,400
2022 $38,961 $3,703,500 $3,202,900 $500,600
2021 $45,082 $4,326,500 $3,829,900 $496,600
2020 $42,387 $4,079,600 $3,697,900 $381,700
2019 $42,634 $3,969,600 $3,587,900 $381,700
2018 $43,745 $3,969,600 $3,587,900 $381,700
2017 $45,560 $4,138,100 $3,587,900 $550,200
2016 $41,967 $3,780,800 $3,301,900 $478,900
2015 $41,891 $3,780,800 $3,301,900 $478,900
2014 -- $3,767,800 $3,301,900 $465,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978926

MLS Property Information Network (MLS PIN)

APN: MARB-000913-000007