NOT LISTED FOR SALE

40 Locust St Marblehead, MA 01945

Estimated Value: $2,769,000 - $3,834,000

5 Beds
4.5 Baths
5,294 Sq Ft
$628/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $3,503,000 $662 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $19,554/month

6 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Open Floorplan
  • Marblehead High School Rated A-
  • 0.84 Acre Lot
  • Custom Closet System

About This Home

As of July 2022

Simply stunning. Located in the Goldthwait Neighborhood, this home was smartly renovated from top to bottom in 2014 with a meticulous eye to design and livability while combining original classic features along with many modern lifestyle enhancements. Perched above the street on almost 37,000 square feet of land, the property offers incredible privacy, yard space, views of the neighborhood and ocean peeks. Inside, you will find a chef’s kitchen with a hidden housekeeper's office with butler’s pantry. There are 2 wonderful family rooms with fireplaces, quiet sitting areas and a sun filled dining room with original stone hearth on the first floor. There is a full suite over the 3 car garage, ideal for a 5th bedroom in-law or au pair suite or a great hangout room for the kids. 4 more bedrooms and 3 full baths are on the second floor. 2 full height basements, and bonus garage for small boat storage. All of this two blocks to the beach and short walk to town, parks, schools and library.

Last Agent to Sell the Property

Jack Attridge

William Raveis R.E. & Home Services Listed on: 05/10/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Jane Clayton

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,923

Year Built

  • Built in 1885

Lot Details

  • 0.84 Acre Lot
  • Waterfront
  • Property has an invisible fence for dogs
  • Stone Wall
  • Landscaped Professionally
  • Gentle Sloping Lot
  • Sprinkler System
  • Property is zoned SR

Parking

  • 4 Car Attached Garage
  • Tuck Under Parking
  • Heated Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,294 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Window Screens
  • Arched Doorways
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Second Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Dual Closets
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit and schools

Schools

  • Brown Elementary School
  • Veterans Middle School
  • Marblehead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0067 B:0013 L:0,2022163

Community Details

Overview

  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,923

Year Built

Built in 1885

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Shingle
  • Year Built: 1885
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Lighting - Pendant, Crown Molding, Open Floor Plan, Recessed Lighting, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling - Vaulted, Closet/Cabinets - Custom Built, Sun Room, Entry Hall, Bonus Room, Mud Room, Vestibule
  • Door Features: French Doors
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Skylight, Flooring - Wall to Wall Carpet, Lighting - Pendant, Closet - Double
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Room Master Bedroom Features: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Balcony / Deck, French Doors, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Beamed Ceilings, Flooring - Hardwood, Recessed Lighting, Archway, Crown Molding
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Skylight, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Wet Bar, Exterior Access, Recessed Lighting, Lighting - Pendant
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Second Dishwasher, Stainless Steel Appliances, Crown Molding
  • Laundry Features: Electric Dryer Hookup, Recessed Lighting, Washer Hookup, Second Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, French Doors, Exterior Access, Recessed Lighting, Wainscoting, Crown Molding
  • Basement: Partial, Walk-Out Access, Bulkhead, Concrete
  • Living Area: 5294
  • Window Features: Insulated Windows, Screens
  • MAIN LO: M59500
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Balcony, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Outdoor Shower, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced, Invisible
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Porch, Deck - Wood, Patio, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Heated Garage, Garage Faces Side, Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Hydro Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Private School, Public School

Lot Info

  • Parcel Number: M:0067 B:0013 L:0,2022163
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.84
  • Lot Size Sq Ft: 36694
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 21923

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jul 1, 2022
Sold by
Tedford James and Tedford Meredith
Bought by
Mccain Christopher and Mccain Katherine
Seller's Agent
Jack Attridge
William Raveis R.E. & Home Services
Buyer's Agent
Jane Clayton
William Raveis R.E. & Home Services
List Price
$2,995,000
Sold Price
$3,503,000
Premium/Discount to List
$508,000
16.96%
Current Estimated Value
$3,323,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,964
Avg. Annual Appreciation
-1.48%
Original Mortgage
$2,032,000
Outstanding Balance
$1,898,664
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,424,372

Purchase Details

Closed on
Mar 15, 2013
Sold by
Mcmanus Kevin R and Mcmanus Shiela C
Bought by
Tedford James

Purchase Details

Closed on
Jul 11, 1990
Sold by
Riley Daniel A
Bought by
Mcmanus Kevin R
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
Mccain Christopher $3,503,000 None Available
Tedford James $1,690,000 --
Mcmanus Kevin R $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccain Christopher $2,032,000
Previous Owner Mcmanus Kevin R $300,000
Previous Owner Mcmanus Kevin R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $3,503,000 +17.0% $662 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $2,995,000 -- $566 / 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 $26,132 $2,887,500 $1,541,000 $1,346,500
2024 $26,263 $2,931,100 $1,761,000 $1,170,100
2023 $23,984 $2,398,400 $1,431,000 $967,400
2022 $21,923 $2,083,900 $1,145,000 $938,900
2021 $21,640 $2,076,800 $1,145,000 $931,800
2020 $18,835 $1,812,800 $969,000 $843,800
2019 $18,997 $1,768,800 $925,000 $843,800
2018 $18,522 $1,680,800 $837,000 $843,800
2017 $17,779 $1,614,800 $771,000 $843,800
2016 $16,111 $1,451,400 $749,000 $702,400
2015 $16,082 $1,451,400 $749,000 $702,400
2014 $13,529 $1,219,900 $581,300 $638,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978756

MLS Property Information Network (MLS PIN)

APN: MARB-000067-000013