NOT LISTED FOR SALE

366 Ocean Ave Marblehead, MA 01945

Estimated Value: $3,283,977 - $3,880,000

4 Beds
5 Baths
5,500 Sq Ft
$645/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $2,150,000 $391 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $21,626/month

334 Days on Market

Highlights

  • Ocean View
  • Landscaped Professionally
  • Wood Flooring
  • Marblehead High School Rated A
  • Covered Deck
  • 2-minute walk to Castle Rock

About This Home

As of August 2018

This classic 4-5 bedroom Shingle Style home features beautiful perennial gardens, a koi pond, an expansive lawn and tremendous privacy on Marblehead Neck. Views of the open ocean and islands as well as Marblehead's famous harbor offer morning sunrises and spectacular sunsets. A welcoming wrap around porch, which offers several different seating areas, provides tremendous space for outdoor entertaining or relaxation. Interiors are a wonderful combination of sophisticated charm and modern amentities, with formal foyer, living room, and dining room as well as an open-kitchen family room addition with direct access to the back porch. The second floor features three bedrooms, a den with fireplace, and an office while the third floor offers a three room master suite and an additional office, all with fabulous water views. The spacious lower level has a gym/playroom, walkout garden room/studio and workshop.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 06/30/2017

Compass

Last Buyer's Agent

Andrew Oliver

Stuart St James, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,695

Year Built

  • Built in 1901

Lot Details

  • Year Round Access
  • Fenced Yard
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Garden
  • Property is zoned LSR

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • Wet Bar
  • Decorative Lighting
  • Window Screens
  • French Doors
  • Basement

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,695

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Antique
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 454.18
  • Comp Based On: Net Sale Price
  • Year Built: 1901
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1901

Interior Features

  • Fireplaces: 3
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available, Wetbar, French Doors
  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Refrigerator - Wine Storage, Vent Hood
  • No Bedrooms: 4
  • Master Bedroom: On Level: Third Floor, Dimension: 14X23, Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Hot Tub / Spa, Cable Hookup, Dressing Room, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 12X16, Closet, Flooring - Wall to Wall Carpet, Chair Rail
  • Bedroom 3: On Level: Second Floor, Dimension: 12X19, Fireplace, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Chair Rail
  • Bedroom 4: On Level: Second Floor, Dimension: 12X12, Bathroom - Full, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 7X9, Bathroom - Half, Closet, Flooring - Hardwood, Flooring - Wood, Main Level
  • Bathroom 2: On Level: Second Floor, Dimension: 6X8, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Dimension: 8X9, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
  • No Rooms: 14
  • Dining Room: On Level: First Floor, Dimension: 14X17, Bathroom - Half, Fireplace, Wood / Coal / Pellet Stove, Ceiling - Coffered, Flooring - Hardwood, Flooring - Wood, Main Level
  • Family Room: On Level: First Floor, Dimension: 15X17, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Window(s) - Picture, Main Level, Cable Hookup, Chair Rail, Deck - Exterior, Exterior Access, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 14X19, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Wet bar, Cable Hookup, Exterior Access, Open Floor Plan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Wine Chiller, Gas Stove
  • Laundry: On Level: Second Floor, Dimension: 5X5, Flooring - Stone/Ceramic Tile, Deck - Exterior, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 16X27, Fireplace, Wood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Balcony / Deck, Main Level, Chair Rail, Recessed Lighting, Wainscoting
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out, Interior Access, Concrete Floor
  • Other Room 1: Name: Center Hall, On Level: First Floor, Dimension: 7X18, Flooring - Wood
  • Other Room 2: Name: Library, On Level: Second Floor, Dimension: 12X15, Bathroom - Full, Bathroom - Tiled With Shower Stall, Fireplace, Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior, French Doors
  • Other Room 3: Name: Home Office, On Level: Second Floor, Dimension: 9X11, Flooring - Wall to Wall Carpet, Cable Hookup
  • Other Room 4: Name: Home Office, On Level: Third Floor, Dimension: 9X14, Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Other Room 5: Name: Game Room, On Level: Basement, Dimension: 24X34, Flooring - Wall to Wall Carpet, Cable Hookup
  • Other Room 6: Name: Study, On Level: Basement, Dimension: 11X17
  • Main Lo: K95001
  • Main So: AN4471
  • Estimated Sq Ft: 5500.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Harbor, Ocean, Public, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Deck - Wood, Deck - Composite, Covered Patio/Deck, Balcony, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, Garden Area, Stone Wall
  • Foundation: Fieldstone
  • Insulation Feature: Partial, Fiberglass, Mixed

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 8
  • Garage Parking: Detached, Storage
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 200 Amps
  • Sewage District: Essex
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Hot Water Baseboard, Gas
  • Heat Zones: 6
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School

Schools

  • Elementary School: Public/Private
  • Middle School: Public/Private
  • High School: Public

Lot Info

  • Assessments: 1921700.00
  • Acre: 0.57
  • Lot Size: 24960.00
  • Page: 519
  • Zoning: LSR
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Gentle Slope, Level, Sloping, Scenic View(s)

Green Features

  • Energy Features: Storm Windows, Insulated Doors, Storm Doors

Tax Info

  • Taxes: 21177.00
  • Assessor Parcel Number: 2028254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Morton Jenny S and Wilson Michael J
Bought by
Morton Jenny S
Current Estimated Value
$3,545,326

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 31, 2018
Sold by
Breed Karen A
Bought by
Morton Jenny S
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Andrew Oliver
Stuart St James, Inc.
List Price
$2,695,000
Sold Price
$2,150,000
Premium/Discount to List
-$545,000
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Jan 24, 1989
Sold by
Browne Adrian A
Bought by
Breed David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
10.38%
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
Morton Jenny S -- None Available
Morton Jenny S -- None Available
Morton Jenny S -- None Available
Morton Jenny S $2,150,000 --
Morton Jenny S $2,150,000 --
Morton Jenny S $2,150,000 --
Breed David B $672,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breed David B $620,000
Previous Owner Breed David B $575,000
Previous Owner Breed David B $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $2,150,000 -13.9% $391 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $2,498,000 -7.3% $454 / Sq Ft
06/30/2017 06/30/17 For Sale $2,695,000 -- $490 / 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 $27,695 $3,060,200 $1,811,000 $1,249,200
2024 $26,757 $2,986,300 $1,759,300 $1,227,000
2023 $26,969 $2,696,900 $1,681,700 $1,015,200
2022 $26,018 $2,473,200 $1,487,600 $985,600
2021 $24,751 $2,375,300 $1,397,100 $978,200
2020 $25,318 $2,436,800 $1,552,300 $884,500
2019 $24,062 $2,240,400 $1,423,000 $817,400
2018 $20,239 $1,836,600 $1,027,400 $809,200
2017 $20,221 $1,836,600 $1,027,400 $809,200
2016 $20,037 $1,805,100 $995,900 $809,200
2015 $20,001 $1,805,100 $995,900 $809,200
2014 $19,778 $1,783,400 $995,900 $787,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72191424

MLS Property Information Network (MLS PIN)

APN: MARB-000919-000004