NOT LISTED FOR SALE

334 Ocean Ave Marblehead, MA 01945

Estimated Value: $2,698,344 - $4,124,000

5 Beds
4 Baths
5,000 Sq Ft
$655/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $2,000,000 $400 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $19,193/month

6 Days on Market

Highlights

  • Ocean View
  • Landscaped Professionally
  • Marble Flooring
  • Marblehead High School Rated A
  • Deck
  • Attic

About This Home

As of July 2019

Rare opportunity to own one of the crown jewels of Marblehead Neck! This authentic Shingle-Style "Arts and Crafts" period home is custom updated throughout to create a beautiful and modern seaside lifestyle. Ocean views and 5000 sq feet of luxurious details, including gorgeous hand-carved woodwork. Enjoy the convenience of a gourmet chef's kitchen with island and separate breakfast room, butler's pantry/wet bar, TV room, 5 spacious bedrooms, 3.5 baths, 4 working fireplaces, massive columned original front porch, master suite with tumbled marble bathroom and custom dressing room, quarter-sawn oak floors, formal front stairway and second "servants" stairway, tree-shaded stone patio, large Trex back deck off kitchen for grilling, rooftop Widow's Walk affording panoramic views, 2nd-floor glassed-in "sleeping porch" for 3-season ocean watching, Central Air, 3 car garage and much more! A truly incredible home that weds relaxed elegance with the welcoming warmth and magic of Marblehead!

Last Agent to Sell the Property

Claire Dembowski

RE/MAX 360 License #454000334 Listed on: 05/07/2019

RE/MAX 360

Last Buyer's Agent

Stephanie Curran

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned LSR

Parking

  • 3 Car Garage

Interior Spaces

  • Window Screens
  • French Doors
  • Ocean Views
  • Attic
  • Basement

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Water Treatment System
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 914-5-0

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Shingle
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 439.00
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Fireplaces: 4
  • Flooring: Wood, Tile, Wall to Wall Carpet, Marble, Hardwood
  • Interior Amenities: Security System, Cable Available, Walk-up Attic, French Doors
  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Indoor Grill, Refrigerator, Washer, Dryer, Water Treatment, Refrigerator - ENERGY STAR, Refrigerator - Wine Storage, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Dressing Room, Crown Molding
  • Bedroom 2: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Crown Molding
  • Bedroom 3: On Level: Second Floor, Closet - Walk-in, Flooring - Wood, Window(s) - Picture, Crown Molding
  • Bedroom 4: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Wood
  • Bedroom 5: On Level: Second Floor, Bathroom - Full, Flooring - Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Marble, Pedestal Sink
  • Bathroom 2: On Level: Second Floor, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Marble, Countertops - Stone/Granite/Solid, Double Vanity, Lighting - Sconce, Crown Molding
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Marble, Window(s) - Stained Glass, Jacuzzi / Whirlpool Soaking Tub, Crown Molding, Pedestal Sink
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Wainscoting, Crown Molding
  • Family Room: On Level: First Floor, Flooring - Wood, Exterior Access
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Window(s) - Stained Glass, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Second Dishwasher, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Lighting - Overhead, Crown Molding
  • Laundry: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Fireplace, Ceiling - Beamed, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Lighting - Sconce, Archway, Crown Molding
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement
  • Other Room 1: Name: Bathroom, On Level: Second Floor, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • Other Room 2: Name: Mud Room, On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Exterior Access
  • Other Room 3: Name: Kitchen, On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area
  • Other Room 4: Name: Foyer, On Level: First Floor, Bathroom - Half, Closet - Cedar, Flooring - Hardwood, Open Floor Plan, Lighting - Overhead, Crown Molding
  • Main Lo: C58300
  • Main So: C95243
  • Estimated Sq Ft: 5000.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Frontage: 128.00
  • Waterview Features: Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Patio, Gutters, Professional Landscaping, Sprinkler System, Screens
  • Foundation: Fieldstone
  • Insulation Feature: Fiberglass, Blown In, Mixed, Polyicynene Foam

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Detached, Garage Door Opener, Storage, Work Area, Side Entry, Oversized Parking
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Sewage District: SESX
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Hot Water Baseboard, Steam, Oil, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Shopping, Park, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School

Lot Info

  • Assessments: 2011900.00
  • Acre: 0.58
  • Lot Size: 25308.00
  • Page: 603
  • Parcel Number: 914-5-0
  • Zoning: LSR
  • Lot Description: Paved Drive, Scenic View(s)

Green Features

  • Energy Features: Storm Windows, Storm Doors

Tax Info

  • Taxes: 21608.00
  • Assessor Parcel Number: 2028163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Settelmeyer Douglas and Settelmeyer Kristen
Bought by
Lab Rt
Current Estimated Value
$3,274,336

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 24, 2019
Sold by
334 Ocean Avenue T
Bought by
Settelmeyer Douglas and Settelmeyer Kristen
Seller's Agent
Claire Dembowski
RE/MAX 360
Buyer's Agent
Stephanie Curran
William Raveis R.E. & Home Services
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$1,100,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2015
Sold by
Canizares Claude R
Bought by
334 Ocean Avenue T and 334 Canizares

Purchase Details

Closed on
Dec 15, 2011
Sold by
White Donald J
Bought by
Canizares Claude R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1997
Sold by
Vessot Robert F and Vessot Norma W
Bought by
White Donald J
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
Lab Rt -- None Available
Lab Rt -- None Available
Lab Rt -- None Available
Settelmeyer Douglas $2,000,000 --
Settelmeyer Douglas $2,000,000 --
334 Ocean Avenue T -- --
334 Ocean Avenue T -- --
Canizares Claude R $1,825,000 --
Canizares Claude R $1,825,000 --
White Donald J $827,000 --
White Donald J $827,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Settelmeyer Douglas $1,100,000
Previous Owner White Donald J $725,000
Previous Owner White Donald J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $2,000,000 -8.9% $400 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $2,195,000 -- $439 / 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 $24,249 $2,679,400 $1,823,500 $855,900
2024 $23,384 $2,609,800 $1,771,400 $838,400
2023 $23,772 $2,377,200 $1,693,300 $683,900
2022 $22,708 $2,158,600 $1,497,900 $660,700
2021 $21,482 $2,061,600 $1,406,700 $654,900
2020 $22,256 $2,142,100 $1,563,000 $579,100
2019 $21,608 $2,011,900 $1,432,800 $579,100
2018 $20,449 $1,855,600 $1,276,500 $579,100
2017 $20,430 $1,855,600 $1,276,500 $579,100
2016 $19,360 $1,744,100 $1,237,400 $506,700
2015 $19,325 $1,744,100 $1,237,400 $506,700
2014 $19,174 $1,728,900 $1,237,400 $491,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72495265

MLS Property Information Network (MLS PIN)

APN: MARB-000914-000005