NOT LISTED FOR SALE

363 Ocean Ave Marblehead, MA 01945

Estimated Value: $6,945,000 - $7,572,000

7 Beds
6 Baths
7,396 Sq Ft
$982/Sq Ft Est. Value

Last Sold January 02, 2025

Last sale price $7,250,000 $980 Per Sq Ft

Current estimated payment $42,784/month

6 Days on Market

Highlights

  • Private Waterfront
  • Ocean View
  • Private Water Access
  • Marblehead High School Rated A-
  • Golf Course Community
  • 3-minute walk to Castle Rock

About This Home

As of January 2025

Welcome to "SKY-HIGH" on Marblehead Neck. This spectacular 7 bedroom, 4 full & 2 half bath mansion sits high above the sea on 1.44 acres of private grounds. From the moment you drive through the gated entrance you will be captivated by the panoramic ocean views & the mesmerizing sound of the waves crashing below on your private beach. This home was made for entertaining both indoors & outdoors. The expansive kitchen with oversized island, 2 refrigerators, 2 dishwashers, radiant heat floors, custom cabinetry, & dining area with breathtaking views of Castle Rock, Children’s Island & beyond. Savor your morning coffee watching the sunrise from your private balcony off the primary suite. Enjoy endless evenings by the fire pit in the courtyard with lush gardens & the captivating views & sounds of the surf. Nothing can compare to the magnificent ocean views from the mahogany porch. Come experience the lifestyle!

Last Agent to Sell the Property

Jodi Gildea

Sagan Harborside Sotheby's International Realty Listed on: 09/24/2024

Sagan Harborside Sotheby's International Realty

Co-Listed By

Sean Gildea

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,242

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 1.44 Acre Lot
  • Private Waterfront
  • Fenced Yard
  • Landscaped Professionally
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • Property is zoned LSR

Property Views

  • Ocean
  • Scenic Vista

Home Design

  • Victorian Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 7,396 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Bay Window
  • Picture Window
  • Window Screens
  • French Doors
  • Mud Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Home Office
  • Bonus Room
  • Storage Room
  • Attic

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Freezer
  • Second Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • Garage
  • Carport
  • Oversized Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Private Water Access
  • Balcony
  • Covered Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near schools

Schools

  • Brown Elementary School
  • Village Middle School
  • Marblehead High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Radiant Heating System
  • Heating System Uses Steam
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Block 0004
  • Assessor Parcel Number 2028276

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Shops

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,242

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Condition: Remodeled
  • Year Built: 1904
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior Amenities: Bathroom - 3/4, Recessed Lighting, Lighting - Sconce, Bathroom - Half, Closet/Cabinets - Custom Built, Closet, 3/4 Bath, Bathroom, Home Office, Bonus Room, Bedroom, Mud Room, Walk-up Attic, Internet Available - Unknown
  • Door Features: Storm Door(s), French Doors
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator, Range Hood
  • Total Bedrooms: 7
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture
  • Room Bedroom3 Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony - Exterior
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Window(s) - Bay/Bow/Box, Lighting - Sconce
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Window(s) - Bay/Bow/Box, Lighting - Sconce
  • Bathroom 3 Features: Bathroom - Tiled With Shower Stall, Window(s) - Bay/Bow/Box
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Lighting - Sconce
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Window(s) - Picture, French Doors, Deck - Exterior, Exterior Access
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Second Dishwasher, Stainless Steel Appliances, Storage, Lighting - Pendant, Lighting - Overhead, Window Seat
  • Laundry Features: Laundry Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Recessed Lighting, Washer Hookup, First Floor
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Room Office Level: Main
  • Room Office Features: Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture
  • Basement: Interior Entry, Concrete, Unfinished
  • Living Area: 7396
  • Spa YN: No
  • Window Features: Window(s) - Bay/Bow/Box, Window(s) - Picture, Storm Window(s), Screens
  • MAIN LO: AN4471
  • MAIN SO: AN4471
  • Insulation: Full

Exterior Features

  • Exterior Features: Porch, Porch - Enclosed, Deck, Covered Patio/Deck, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, Garden, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Porch - Enclosed, Deck, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Frontage, Direct Access, Private, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Deeded Rights)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: Yes
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Carport, Oversized, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Other
  • Heating: Steam, Radiant, Oil, Propane, Fireplace
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2028276
  • Zoning: LSR
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping, Level
  • Lot Size Acres: 1.44
  • Lot Size Sq Ft: 62878
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 49242
  • Tax Block: 0004
  • Tax Lot: 0

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Ocean, Private

MLS Schools

  • High School: Marblehead
  • Elementary School: Brown
  • Middle Or Junior School: Village

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2018
Sold by
Baum Richard A and Chiaramonte Cathe A
Bought by
Chiaramonte Cathe A
Current Estimated Value
$7,265,162

Purchase Details

Closed on
Feb 11, 2002
Sold by
Lee William W and Lee Sally
Bought by
Chiaramonte Cathe A and Baum Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2000
Sold by
Baumrucker Wm Jr Est and Baumrucker
Bought by
Lee William W and Lee Sally
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
Chiaramonte Cathe A -- --
Chiaramonte Cathe A -- --
Chiaramonte Cathe A $3,255,000 --
Baum Richard A $3,255,000 --
Lee William W $1,632,500 --
Chiaramonte Cathe A -- --
Lee William W $1,632,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee William W $390,000
Previous Owner Baum Richard A $750,000
Previous Owner Lee William W $400,000
Previous Owner Lee William W $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $7,250,000 0.0% $980 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $7,250,000 -- $980 / 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 $57,988 $6,407,500 $4,637,600 $1,769,900
2024 $49,242 $5,495,800 $4,637,600 $858,200
2023 $52,319 $5,231,900 $4,395,600 $836,300
2022 $54,386 $5,169,800 $4,307,600 $862,200
2021 $53,869 $5,169,800 $4,307,600 $862,200
2020 $47,236 $4,546,300 $3,757,600 $788,700
2019 $50,772 $4,727,400 $3,647,600 $1,079,800
2018 $52,096 $4,727,400 $3,647,600 $1,079,800
2017 $52,049 $4,727,400 $3,647,600 $1,079,800
2016 $49,300 $4,441,400 $3,361,600 $1,079,800
2015 $49,211 $4,441,400 $3,361,600 $1,079,800
2014 $49,103 $4,427,700 $3,361,600 $1,066,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73294051

MLS Property Information Network (MLS PIN)

APN: MARB-000920-000004