NOT LISTED FOR SALE

400 Ocean Ave Marblehead, MA 01945

Estimated Value: $5,245,996 - $6,068,000

7 Beds
6 Baths
6,298 Sq Ft
$895/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $4,500,000 $715 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $34,448/month

139 Days on Market

Highlights

  • Custom Closet System
  • Wood Flooring
  • Fireplace
  • Marblehead High School Rated A-
  • Solid Surface Countertops
  • Double Vanity

About This Home

As of October 2021

Deep Water Dock Rights included. Magnificent Marblehead Neck Harbor Front Estate offers a rare opportunity. This updated & meticulously maintained residence, built in 1896, is sited on just under 1 acre of land & 230' of harbor frontage . Panoramic westerly views of the harbor and Historic Marblehead abound from all areas of the property. Gracious 6300 sq. ft. interior features exceptional craftsmanship & superb attention to detail that has allowed endless updates to remain seamless. High ceilings, rich hardwoods, spacious rooms & the abundance of windows create a fabulous combination of light, air and space. Sun-filled Granite/Stainless harbor kitchen, expansive dining & 1st level family/living areas. Stunning harbor front master bedroom suite. 6 additional bedrooms, 5.5 updated baths. Central Air Conditioning. Private paneled billiard room w/ wine cellar. Expansive lawn area w/ access to beach. Marvelous harbor porches and deck. Carriage house for 2 car parking.

Last Agent to Sell the Property

Steven White

William Raveis R.E. & Home Services Listed on: 03/12/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Linda Costanzo

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Home Details

Home Type

  • Single Family

Year Built

  • 1896

Lot Details

  • 0.8

Parking

  • 2

Interior Spaces

  • Wainscoting
  • Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Custom Closet System
  • Double Vanity
  • Bathtub with Shower

Utilities

  • 3 Cooling Zones
  • 6 Heating Zones

Home Details

Home Type

Single Family

Year Built

1896

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Colonial, Other (See Remarks)
  • Carport Y N: No
  • Directions: Atlantic Avenue to Ocean Avenue to Marblehead Neck. Towards the Lighthouse.
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1896

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Trash Compactor,Microwave,Refrigerator,Washer,Dryer,Range Hood, Gas Water Heater,Tank Water Heater,Water Heater(Separate Booster), Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Has Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Fireplace, Closet, Flooring - Hardwood
  • Room Bedroom5 Level: Third
  • Room Bedroom5 Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Features: Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Wainscoting
  • 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, Bathroom - With Tub & Shower, Flooring - Hardwood, Wainscoting
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Double Vanity, Wainscoting
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Wainscoting
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Wainscoting
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Wainscoting
  • Room Living Room Level: First
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • MAIN LO: M59500
  • MAIN SO: BB5522
  • Accessibility Features: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace: Yes
  • Fireplaces: 6
  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Closet, Wainscoting, Closet/Cabinets - Custom Built, Bathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling - Beamed, Wet bar, Recessed Lighting, Entrance Foyer, Bedroom, Wine Cellar, Game Room, Library, Wet Bar
  • Window Features: Insulated Windows, Storm Window(s), Screens

Exterior Features

  • Roof: Slate, Rubber, Metal
  • Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Garden, Stone Wall
  • Foundation Details: Granite
  • View: Scenic View(s)
  • Construction Type: Frame, Stone
  • Disclosures: Shared Dock Rights Included With An Acceptable Offer.
  • Home Warranty: No
  • Lot Features: Corner Lot, Gentle Sloping
  • Patio And Porch Features: Porch, Deck, Patio, Covered
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Walk to, Direct Access, Harbor, Ocean, Direct Access, Frontage, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached, Garage Door Opener, Storage, Workshop in Garage, Garage Faces Side, Carriage Shed, Paved Drive, Off Street, Driveway, Paved
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Baseboard, Natural Gas, Hydro Air, Fireplace
  • HEAT ZONES: 6
  • COOLING ZONES: 3
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Second Floor
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), 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, Sidewalks
  • Senior Community: No

Schools

  • Middle Or Junior School: Public/Private

Lot Info

  • LOT SIZE: 34978
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 34848
  • Zoning: SESR

Tax Info

  • Tax Annual Amount: 66588.47
  • Tax Block: 14
  • Tax Book Number: 27930
  • Tax Lot: 0
  • Tax Map Number: 922
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Oct 20, 2021
Sold by
Termeer Belinda A
Bought by
Kitfield Edward and Mccue Kellyann
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Linda Costanzo
Keller Williams Realty Boston-Metro | Back Bay
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%
Current Estimated Value
$5,635,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,332
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Sep 9, 2009
Sold by
Termeer Henricus A and Termeer Belinda
Bought by
Termeer Henricus A

Purchase Details

Closed on
Jul 22, 2008
Sold by
Brebach Gresham T and Brebach Judith S
Bought by
Termeer Henricus A
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
Kitfield Edward $4,500,000 None Available
Termeer Henricus A -- --
Termeer Henricus A $6,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Termeer Henricus A $1,405,697
Previous Owner Termeer Henricus A $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $4,500,000 -9.9% $715 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $4,995,000 -- $793 / 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 $63,278 $6,992,000 $4,510,000 $2,482,000
2024 $60,451 $6,746,800 $4,510,000 $2,236,800
2023 $64,356 $6,435,600 $4,268,000 $2,167,600
2022 $67,422 $6,408,900 $4,180,000 $2,228,900
2021 $66,781 $6,408,900 $4,180,000 $2,228,900
2020 $58,717 $5,651,300 $3,630,000 $2,021,300
2019 $59,026 $5,495,900 $3,520,000 $1,975,900
2018 $60,565 $5,495,900 $3,520,000 $1,975,900
2017 $60,510 $5,495,900 $3,520,000 $1,975,900
2016 $57,486 $5,178,900 $3,234,000 $1,944,900
2015 $57,382 $5,178,900 $3,234,000 $1,944,900
2014 $57,168 $5,154,900 $3,234,000 $1,920,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72797649

MLS Property Information Network (MLS PIN)

APN: MARB-000922-000014