NOT LISTED FOR SALE

361 Ocean Ave Marblehead, MA 01945

Estimated Value: $4,594,000 - $5,853,000

4 Beds
5 Baths
4,000 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $3,498,500 $875 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $30,840/month

1 Day on Market

Highlights

  • Ocean View
  • Spa
  • Deck
  • Marblehead High School Rated A
  • Landscaped Professionally
  • 3-minute walk to Castle Rock

About This Home

As of June 2018

One of a kind home on Marblehead Neck! Sprawling over 27,000 square feet of property, this oceanfront home is perched above the Atlantic offering stunning views from almost every room! Meticulously renovated and restored in 2015, this home was designed with an open modern concept featuring an expansive living room and an exquisitely equipped chef's kitchen with a floor to ceiling wine refrigerator, spacious pantry and 9 foot island. Tucked away from the main living area, you will find a mudroom, laundry room, and three bedroom ensuites. Walk downstairs to another bedroom, full bath, and a family room. Stunning perennial gardens, irrigation system, and two car attached garage. Whether you are enjoying your morning coffee on the spacious deck or a cocktail by the bonfire on your own private beach, this home will captivate you! Windover Construction won the BRAGB Silver PRISM AWARD for Best Remodel/Restoration for this home.

Last Agent to Sell the Property

Stephanie Curran

William Raveis R.E. & Home Services Listed on: 03/27/2018

William Raveis R.E. & Home Services

Last Buyer's Agent

Stephanie Curran

William Raveis R.E. & Home Services Listed on: 03/27/2018

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,959

Year Built

  • Built in 1960

Lot Details

  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • Wet Bar
  • Decorative Lighting
  • Wood Flooring
  • Ocean Views
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,959

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Year Built Description: Actual
  • List Price Per Sq Ft: 925.00
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Interior Amenities: Wetbar
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Refrigerator - Wine Storage
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, Main Level, Recessed Lighting
  • Bedroom 2: On Level: First Floor, Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Wood, Main Level, Recessed Lighting
  • Bedroom 3: On Level: First Floor, Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Recessed Lighting
  • Bedroom 4: On Level: Basement, Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Flooring - Wood, Main Level, Open Floor Plan
  • Family Room: On Level: Basement, Flooring - Wood, French Doors, Cable Hookup, Exterior Access, Recessed Lighting
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Wet bar, Open Floor Plan, Recessed Lighting, Wine Chiller, Gas Stove
  • Laundry: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup
  • Living Room: On Level: First Floor, Fireplace, Ceiling - Cathedral, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, Balcony / Deck, Main Level, Wet bar, Cable Hookup, Open Floor Plan, Recessed Lighting, Slider
  • Basement: Y
  • Basement Features: Crawl
  • Other Room 1: Name: Mud Room, On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Recessed Lighting
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 4000.00

Exterior Features

  • Beach Ownership: Private
  • Waterfront: Ocean, Direct Access, Private
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Ocean, Private
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck, Hot Tub/Spa, Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 5
  • Heating: Central Heat, Gas
  • Heat Zones: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, University

Schools

  • Elementary School: Bell
  • Middle School: Village/Veteran
  • High School: MHS

Lot Info

  • Assessments: 2726100.00
  • Acre: 0.63
  • Lot Size: 27486.00
  • Page: 286
  • Zoning: RES
  • Lot Description: Paved Drive, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 30041.00
  • Assessor Parcel Number: 2028277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jun 15, 2018
Sold by
Limoges-Lang Jeanne M
Bought by
Brendan L Mckernan 200
Seller's Agent
Stephanie Curran
William Raveis R.E. & Home Services
Buyer's Agent
Stephanie Curran
William Raveis R.E. & Home Services
List Price
$3,700,000
Sold Price
$3,498,500
Premium/Discount to List
-$201,500
-5.45%
Total Days on Market
1
Current Estimated Value
$5,018,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,519,892
Avg. Annual Appreciation
5.01%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 23, 2013
Closed on
Feb 4, 2014
Sold by
Lang Robert F and Lang Jeanne L
Bought by
Jeanne M Limoges Lang M and Jeanne Lang
Seller's Agent
All Marblehead
William Raveis R.E. & Home Services
Buyer's Agent
Stephanie Curran
William Raveis R.E. & Home Services
List Price
$1,995,000
Sold Price
$1,612,500
Premium/Discount to List
-$382,500
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Original Mortgage
$1,100,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 23, 2013
Closed on
Dec 27, 2013
Sold by
Teel William E Est and Brown
Bought by
Lang Robert F and Lang Jeanne L
Seller's Agent
All Marblehead
William Raveis R.E. & Home Services
Buyer's Agent
Stephanie Curran
William Raveis R.E. & Home Services
List Price
$1,995,000
Sold Price
$1,612,500
Premium/Discount to List
-$382,500
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Brendan L Mckernan 200 $3,498,500 --
Brendan L Mckernan 200 L $3,498,500 --
Jeanne M Limoges Lang M -- --
Lang Jeanne M Limoges -- --
Jeanne M Limoges Lang -- --
Lang Robert F $1,612,500 --
Lang Robert F $1,612,500 --
Lang Robert F $1,612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brendan L Mckernan 2007 T $719,345
Closed Brendan L Mckernan 200 L $750,000
Previous Owner Jeanne M Limoges-Lang M $2,100,000
Previous Owner Lang Robert F $1,100,000
Closed Lang Robert F $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $3,498,500 -5.4% $875 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $3,700,000 +129.5% $925 / Sq Ft
12/27/2013 12/27/13 Sold $1,612,500 0.0% $597 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/14/2013 11/14/13 Off Market $1,612,500 -- --
10/24/2013 10/24/13 For Sale $1,995,000 +23.7% $739 / Sq Ft
10/23/2013 10/23/13 Off Market $1,612,500 -- --
08/28/2013 08/28/13 Price Changed $1,995,000 -11.3% $739 / Sq Ft
06/03/2013 06/03/13 Price Changed $2,250,000 -10.0% $833 / Sq Ft
04/23/2013 04/23/13 For Sale $2,500,000 -- $926 / 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 $41,959 $4,636,400 $3,773,300 $863,100
2024 $38,854 $4,336,400 $3,773,300 $563,100
2023 $40,664 $4,066,400 $3,570,800 $495,600
2022 $41,917 $3,984,500 $3,497,200 $487,300
2021 $40,929 $3,927,900 $3,497,200 $430,700
2020 $35,722 $3,438,100 $3,037,000 $401,100
2019 $29,278 $2,726,100 $2,325,000 $401,100
2018 $30,042 $2,726,100 $2,325,000 $401,100
2017 $30,106 $2,734,400 $2,325,000 $409,400
2016 $28,255 $2,545,500 $2,136,100 $409,400
2015 $26,476 $2,389,500 $2,136,100 $253,400
2014 -- $2,389,500 $2,136,100 $253,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72298784

MLS Property Information Network (MLS PIN)

APN: MARB-000920-000005