NOT LISTED FOR SALE

40 Chestnut St Marblehead, MA 01945

Estimated Value: $1,590,000 - $1,931,000

3 Beds
3 Baths
2,346 Sq Ft
$730/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $760,000 $324 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $9,632/month

59 Days on Market

About This Home

As of September 2012

Shipyard area of Marblehead. Steps to harbor, town shops, and restaurants. Custom designed Colonial featuring unbelievable light and high cathedral ceilings, open floor plan and welcoming feeling. Kitchen has granite counters, new appliances, and opens to a fireplaced family room with access to deck and private yards. This home also includes a foyer with cathedral ceiling, first floor den or office, and lower level family room.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 07/10/2012

Compass

Last Buyer's Agent

Mitch Levine

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

Single Family

Year Built

1989

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Basement: Partial, Partially Finished, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 9X12
  • Bedroom 3: Second Floor, 9X11
  • Bathroom #1: First Floor, 3X6
  • Bathroom #2: Second Floor, 5X8
  • Bathroom #3: Second Floor, 8X10
  • Kitchen: First Floor, 12X14
  • Laundry Room: Basement, 8X9
  • Living Room: First Floor, 14X17
  • Master Bedroom: Second Floor, 14X14
  • Master Bedroom Description: Full Bath, Ceiling Fans, Closet/Cabinets - Custom Built, Wall to Wall Carpet
  • Dining Room: First Floor, 9X14
  • Family Room: First Floor, 12X13

Exterior Features

  • Frontage: 100
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Deck, Gutters, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2014
Sold by
Marcus Kathryn A and Marcus Scott R
Bought by
Kathryn A Marcus Ret and Macrus
Current Estimated Value
$1,625,206

Purchase Details

Listed on
Jul 10, 2012
Closed on
Sep 14, 2012
Sold by
Rothwell Eliot W and Rothwell Theresa S
Bought by
Marcus Scott R and Marcus Kathryn A
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1989
Sold by
Plotka Ronald T
Bought by
Rothwell Eliot W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kathryn A Marcus Ret -- --
Kathryn A Marcus Ret -- --
Kathryn A Marcus Ret -- --
Marcus Scott R $760,000 --
Rothwell Eliot W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rothwell Eliot W $417,000
Previous Owner Rothwell Eliot W $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $760,000 -4.9% $324 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
07/20/2012 07/20/12 Price Changed $799,000 -5.9% $341 / Sq Ft
07/10/2012 07/10/12 For Sale $849,000 -- $362 / 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 $13,605 $1,503,300 $838,500 $664,800
2024 $13,866 $1,547,500 $903,000 $644,500
2023 $11,491 $1,149,100 $632,100 $517,000
2022 $11,574 $1,100,200 $593,400 $506,800
2021 $11,393 $1,093,400 $593,400 $500,000
2020 $10,675 $1,027,400 $554,700 $472,700
2019 $10,019 $932,900 $477,300 $455,600
2018 $10,209 $926,400 $470,800 $455,600
2017 $10,129 $920,000 $464,400 $455,600
2016 $9,903 $892,200 $438,600 $453,600
2015 $9,049 $816,700 $361,200 $455,500
2014 $8,218 $741,000 $309,600 $431,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71407457

MLS Property Information Network (MLS PIN)

APN: MARB-000112-000025