NOT LISTED FOR SALE

40 Overlook Rd Marblehead, MA 01945

Estimated Value: $1,403,000 - $1,521,621

4 Beds
3 Baths
2,658 Sq Ft
$553/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $976,363 $367 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,904/month

163 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Wine Refrigerator
  • Marblehead High School Rated A
  • Wood Flooring
  • 4-minute walk to Bud Orne Field & Playground

About This Home

As of August 2020

Builder says "Sell" and plans to sign the best offer he has on 6/23. This New Construction & well-appointed home with an open floorplan makes for easy day-to-day living and entertaining. Designed and built with stone and metal roof accents outside and inside with 9' ceilings on the 1st floor, a grand staircase, hardwood throughout, gas fireplace, mudroom, and 2nd-floor laundry room. The custom kitchen will WOW you with the oversized island for food prep or casual dining, plus enjoy the bar area, white maple cabinetry, granite tops, tiled backsplash, and the roomy pantry. A fantastic master retreat plus 3 other bedrooms are located on the 2nd floor and outside you can enjoy a private yard and maintenance-free outdoor deck space. Plenty of LL to finish! Energy Efficient, an active coastal lifestyle, and new construction is a winning combination! Great location just north of Boston and with access to Salem harbor for mooring your boat, kayaking, swimming a sunset viewing.

Last Agent to Sell the Property

Josh Naughton Team

RE/MAX Innovative Properties Listed on: 01/13/2020

RE/MAX Innovative Properties

Co-Listed By

Mark Hardcastle

RE/MAX Innovative Properties

Last Buyer's Agent

Liz Walters

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,327

Year Built

  • Built in 2019

Lot Details

  • Year Round Access
  • Landscaped Professionally

Parking

  • 2 Car Garage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,327

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 366.82
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2019
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Refrigerator - Wine Storage, Vent Hood
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 17X14, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X12, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X12, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 19X11, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 20X12, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 20X12, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Slider
  • Laundry: On Level: Second Floor, Dimension: 9X6, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 19X16, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: AN3560
  • Main So: K95001
  • Estimated Sq Ft: 2658.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Private, Deeded Rights
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Stone, Composite
  • Exterior Features: Porch, Deck, Deck - Composite, Professional Landscaping
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Parking: Attached, Garage Door Opener, Side Entry
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Lot: 31
  • Acre: 0.30
  • Lot Size: 13198.00
  • Page: 583
  • Zoning: RES
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Tax Info

  • Assessor Parcel Number: 2025642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jul 29, 2020
Sold by
40 Overlook Road Rt
Bought by
Barnes Tricia L and Murnane Timothy G
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
List Price
$1,050,000
Sold Price
$976,363
Premium/Discount to List
-$73,637
-7.01%
Total Days on Market
163
Current Estimated Value
$1,453,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,510
Avg. Annual Appreciation
8.46%
Original Mortgage
$731,250
Outstanding Balance
$657,031
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$812,124

Purchase Details

Listed on
Sep 22, 2018
Closed on
Dec 17, 2018
Sold by
Raimo Christopher J Est
Bought by
40 Overlook Road Rt
Seller's Agent
Dana Lothrop
William Raveis R.E. & Home Services
Buyer's Agent
Non Member
Non Member Office
List Price
$549,000
Sold Price
$425,000
Premium/Discount to List
-$124,000
-22.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.18%
Original Mortgage
$743,400
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2017
Sold by
Raimo John C Est
Bought by
Raimo Christopher J
Source: Public Records

Range of Values:

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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
Barnes Tricia L $975,000 None Available
40 Overlook Road Rt $425,000 --
Raimo Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes-Murnane Tricia $250,000
Open Barnes Tricia L $731,250
Previous Owner 40 Overlook Road Rt $743,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $976,363 +0.1% $367 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $975,000 -9.3% $367 / Sq Ft
06/06/2020 06/06/20 Price Changed $1,075,000 +7.6% $404 / Sq Ft
05/15/2020 05/15/20 Price Changed $998,900 -2.5% $376 / Sq Ft
04/22/2020 04/22/20 Price Changed $1,025,000 -2.4% $386 / Sq Ft
03/21/2020 03/21/20 For Sale $1,050,000 0.0% $395 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $1,050,000 -2.3% $395 / Sq Ft
01/13/2020 01/13/20 For Sale $1,075,000 +152.9% $404 / Sq Ft
12/28/2018 12/28/18 Sold $425,000 -22.6% $220 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $549,000 -- $284 / 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 $11,327 $1,251,600 $575,000 $676,600
2024 $11,394 $1,271,600 $618,200 $653,400
2023 $10,612 $1,061,200 $539,100 $522,100
2022 $10,352 $984,000 $474,400 $509,600
2021 $9,000 $863,700 $460,000 $403,700
2020 $8,436 $811,900 $445,600 $366,300
2019 $5,876 $547,100 $416,900 $130,200
2018 $5,870 $532,700 $402,500 $130,200
2017 $5,390 $489,600 $359,400 $130,200
2016 $5,115 $460,800 $330,600 $130,200
2015 $4,856 $438,300 $316,300 $122,000
2014 $4,347 $392,000 $273,100 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72607424

MLS Property Information Network (MLS PIN)

APN: MARB-000139-000031