NOT LISTED FOR SALE

38 Old Salem Rd Marblehead, MA 01945

Estimated Value: $982,000 - $1,106,000

3 Beds
2.5 Baths
2,025 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $1,050,000 $519 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,045/month

4 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Open Floorplan
  • Marblehead High School Rated A-
  • Medical Services
  • 1-minute walk to Forest River Trails

About This Home

As of October 2024

Welcome to this updated move-in ready 3-bedroom, 2.5-bath home in the scenic seaside town of Marblehead. Tastefully done, this home blends modern style with everyday comfort. The white kitchen features new quartz counters & island seating & leads to dining, living, & bonus rooms all with hardwood floors. Hardwood floors continue upstair to the primary en suite with large walk-in closet & updated bath while the 2 additional bedrooms have large walk in closets - one of the bedrooms even connects to the main bathroom creating another en-suite! The 2nd floor also features a fantastic office/homework area. The lower level can easily be finished for more space. Outside, enjoy the paver driveway, patio area, & large yard. Located in a fantastic neighborhood, just under a mile from the beach & marinas & with easy access to the commuter rail & downtown Marblehead & Salem, this home invites you to experience the charm & beauty this area has to offer! A one year home warranty is included!

Last Agent to Sell the Property

Candice Hodgson

Lyv Realty Listed on: 09/20/2024

Last Buyer's Agent

Marcie Gingle

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,131

Year Built

  • Built in 1948

Lot Details

  • 10,200 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned SR

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,025 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property is near public transit and schools

Schools

  • Glover Elementary School
  • Veterans Middle School
  • Marblehead High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number M:0034 B:0028 L:0,2021069

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,131

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1948
  • Year Built Details: Actual
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Interior Amenities: Office
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Dryer Hookup - Dual
  • Bathroom 3 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Pantry, Countertops - Upgraded, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Second Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: Second
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2025
  • Spa YN: No
  • MAIN LO: AN5767
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Patio, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: Yes
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, Harbor, Ocean, River, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0034 B:0028 L:0,2021069
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10200
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8131

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Marblehead High
  • Elementary School: Glover
  • Middle Or Junior School: Veterans Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 21, 2024
Sold by
Billiken Investments Llc
Bought by
Dantona Kendra and Dantona Michael
Seller's Agent
Candice Hodgson
Lyv Realty
Buyer's Agent
Marcie Gingle
William Raveis R.E. & Home Services
List Price
$899,995
Sold Price
$1,050,000
Premium/Discount to List
$150,005
16.67%
Views
19
Current Estimated Value
$1,037,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,444
Avg. Annual Appreciation
-0.95%
Original Mortgage
$500,000
Outstanding Balance
$494,250
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,306

Purchase Details

Closed on
Feb 14, 2024
Sold by
Jones Barbara A and Phh Mortgage Corp
Bought by
Billiken Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,325
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
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
Dantona Kendra $1,050,000 None Available
Billiken Investments Llc $610,000 None Available
Billiken Investments Llc $610,000 None Available
Billiken Investments Llc $610,000 None Available
Billiken Investments Llc $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dantona Kendra $500,000
Previous Owner Billiken Investments Llc $617,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $1,050,000 +16.7% $519 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $899,995 -- $444 / 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 $8,075 $892,300 $532,800 $359,500
2024 $8,131 $907,500 $559,400 $348,100
2023 $9,088 $908,800 $626,000 $282,800
2022 $8,100 $770,000 $492,800 $277,200
2021 $7,707 $739,600 $466,200 $273,400
2020 $7,484 $720,300 $466,200 $254,100
2019 $7,062 $657,500 $412,900 $244,600
2018 $6,953 $630,900 $386,300 $244,600
2017 $6,652 $604,200 $359,600 $244,600
2016 $6,411 $577,600 $333,000 $244,600
2015 $6,400 $577,600 $333,000 $244,600
2014 $5,778 $521,000 $319,700 $201,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73292900

MLS Property Information Network (MLS PIN)

APN: MARB-000034-000028