NOT LISTED FOR SALE

4 Corn Point Rd Marblehead, MA 01945

Estimated Value: $3,486,000 - $5,162,000

5 Beds
6 Baths
4,700 Sq Ft
$846/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $2,185,000 $465 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $24,189/month

78 Days on Market

About This Home

As of January 2015

Under Construction-Coveted Peaches Point location. Being built with the highest regard to quality, detail, workmanship, finishes and design. A unique and dramatic 4700 sq.ft. 4 full,2 half bath Burke Bros.masterpiece situated on a 35044 sq.ft.seaside lot will offer every amenity for a gracious and comfortable lifestyle. This prestigious sprawling home will feature stunning ocean views, a gracious foyer, generous ceiling heights, hardwood floors, chef's dream kitchen with center aisle,adjoining F.P. family room, formal living and dining rooms. The spacious master suite is luxurious with large walk-in, soaking tub and oversized shower--other 4 bedrooms good sized,sunny and bright. This custom home will also include a mudroom, ample closets, first floor office, multiple decks overlooking a scenic pastoral setting, and 3 plus heated garage. Plus, so much more. Enjoy a seaside home designed for a relaxed and grand lifestyle.

Last Agent to Sell the Property

Ginny Burke

William Raveis R.E. & Home Services Listed on: 06/10/2014

William Raveis R.E. & Home Services

Last Buyer's Agent

Steven White

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Townhouse Details

Home Type

Townhome

Year Built

2014

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Walk/Jog Trails, Conservation Area, Private School, Public School
  • Electric: 200 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet, Marble, Hardwood
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Wetbar
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Garage Access, Concrete Floor
  • Bedroom 2: Second Floor, 14X12
  • Bedroom 3: Second Floor, 14X12
  • Bedroom 4: Second Floor, 14X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor, 33X14
  • Laundry Room: Second Floor, 11X8
  • Living Room: First Floor, 18X14
  • Master Bedroom: Second Floor, 18X17
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Marble
  • Dining Room: First Floor, 19X16
  • Family Room: First Floor, 24X19

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Shingles, Wood, Stone
  • Exterior Features: Deck, Patio, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Heated
  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling Zones: 4
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Icemaker Connection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2018
Sold by
Velji Carolyn and Velji Michael
Bought by
Velji Realty Llc
Current Estimated Value
$4,163,831

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jan 6, 2015
Sold by
Burke Joseph and Burke James
Bought by
Velji Michael and Velji Carolyn
Seller's Agent
Ginny Burke
William Raveis R.E. & Home Services
Buyer's Agent
Steven White
William Raveis R.E. & Home Services
List Price
$2,295,000
Sold Price
$2,185,000
Premium/Discount to List
-$110,000
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jan 15, 2014
Sold by
Wallace Richard C
Bought by
Burke Joseph and Burke James
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Ginny Burke
William Raveis R.E. & Home Services
List Price
$999,500
Sold Price
$790,000
Premium/Discount to List
-$209,500
-20.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.38%
Original Mortgage
$973,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2012
Sold by
Wallace Richard C and Wallace Linda C
Bought by
Wallace Richard C

Purchase Details

Closed on
Jun 29, 2012
Sold by
Pocharski Mark W and Pocharski Sandra L
Bought by
Wallace Richard C and Wallace Linda C
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
Velji Realty Llc -- --
Velji Michael $2,185,000 --
Burke Joseph $790,000 --
Wallace Richard C -- --
Wallace Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velji Michael $1,200,000
Previous Owner Wallace Richard C $973,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2015 01/06/15 Sold $2,185,000 0.0% $465 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
07/28/2014 07/28/14 Off Market $2,185,000 -- --
06/10/2014 06/10/14 For Sale $2,295,000 +190.5% $488 / Sq Ft
01/15/2014 01/15/14 Sold $790,000 -21.0% $177 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $999,500 -- $224 / 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 $29,002 $3,204,600 $1,870,100 $1,334,500
2024 $25,457 $2,841,200 $1,650,100 $1,191,100
2023 $25,121 $2,512,100 $1,463,100 $1,049,000
2022 $24,533 $2,332,000 $1,298,100 $1,033,900
2021 $21,608 $2,073,700 $1,100,100 $973,600
2020 $20,945 $2,015,900 $1,100,100 $915,800
2019 $21,178 $1,971,900 $1,056,100 $915,800
2018 $21,081 $1,913,000 $1,056,100 $856,900
2017 $21,717 $1,972,500 $1,100,100 $872,400
2016 $22,383 $2,016,500 $1,144,100 $872,400
2015 $14,981 $1,352,100 $772,300 $579,800
2014 $14,152 $1,276,100 $1,276,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71696547

MLS Property Information Network (MLS PIN)

APN: MARB-000194-000001-A000000