L
Seller's Agent in 2024
Liz Walters
Coldwell Banker Realty - Marblehead
(617) 438-3665
56 in this area
86 Total Sales
405 Ocean Ave Marblehead, MA 01945
Estimated Value: $5,674,000 - $6,964,000
5
Beds
6
Baths
6,518
Sq Ft
$976/Sq Ft
Est. Value
Highlights
- Ocean View
- Cabana
- Waterfront
- Marblehead High School Rated A-
- Sauna
- 4-minute walk to Chandler Hovey Park
About This Home
As of December 2024Welcome to “The Tea house on the Neck”, originally 4 lots with two residences, and owned by the same family including the head of the Lipton Tea Company from 1880-1990. A spectacular property with the perfect smaller "tea house" at the tip of the point from which to enjoy a morning (or evening) drink. The lots were subdivided in 1991, and 405 Ocean Avenue now sits perched on a double lot totaling 1.82 acres, surrounded by trees shaped by the sun and wind, rocky ledges (“the lower woods”), mature plantings, an easement to a small beach, and potential for further subdivision. Also, stunning 360 degree views of the Atlantic Ocean, Marblehead Rock, Children’s Island, and Castle Rock Park, as well as Marblehead Harbor and The Marblehead Lighthouse! The interior of the home is spacious with 5+ bedrooms, 6 bathrooms and 6518 SF of living space. Period details throughout the house are obvious, but the current owners have also made it a priority to bring the house up to modern day standards.
Last Agent to Sell the Property
Coldwell Banker Realty - Marblehead Listed on: 08/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,229
Year Built
- Built in 1880 | Remodeled
Lot Details
- 1.82 Acre Lot
- Waterfront
- Stone Wall
- Landscaped Professionally
- Gentle Sloping Lot
- Sprinkler System
- Wooded Lot
- Garden
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Property Views
- Ocean
- Harbor
- Scenic Vista
Home Design
- Victorian Architecture
- Stone Foundation
- Frame Construction
- Batts Insulation
- Shingle Roof
- Slate Roof
- Rubber Roof
Interior Spaces
- 6,518 Sq Ft Home
- Crown Molding
- Wainscoting
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Bay Window
- Window Screens
- Pocket Doors
- Sliding Doors
- Living Room with Fireplace
- 2 Fireplaces
- Sitting Room
- Home Office
- Sauna
- Home Gym
Kitchen
- Stove
- Range with Range Hood
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Linen Closet
- Dressing Area
- Double Vanity
- Pedestal Sink
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Garage Access
Outdoor Features
- Cabana
- Water Access
- Walking Distance to Water
- Deck
- Rain Gutters
- Porch
Schools
- Brown Elementary School
- Village/Vets Middle School
- Marblehead High School
Utilities
- Central Air
- 4 Cooling Zones
- 12 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 2028284
Community Details
Overview
- No Home Owners Association
- Marblehead Neck Subdivision
- Near Conservation Area
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2014
Closed on
Jul 9, 2014
Sold by
Adams Investment T and Adams
Bought by
Tremblay Gene and Tremblay Susan
Seller's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$4,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$200,000
-4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,059,659
Avg. Annual Appreciation
3.45%
Purchase Details
Closed on
Jun 17, 2003
Sold by
Adams Carol L
Bought by
Adams Investt and Adams A
Purchase Details
Closed on
Oct 1, 1991
Sold by
Cardinal Trust
Bought by
Adams Carol L
Purchase Details
Closed on
Aug 16, 1991
Sold by
Ocean Ave Tr
Bought by
Cardinal Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tremblay Gene | $4,300,000 | -- | |
| Tremblay Gene | $4,300,000 | -- | |
| Adams Investt | -- | -- | |
| Adams Investt | -- | -- | |
| Adams Carol L | $1,517,500 | -- | |
| Cardinal Trust | $2,500,000 | -- | |
| The Cardinal T | $2,500,000 | -- | |
| Adams Investt | -- | -- | |
| Adams Carol L | $1,517,500 | -- | |
| The Cardinal T | $2,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Cardinal T | $1,140,000 | |
| Previous Owner | Adams Investt | $960,000 | |
| Previous Owner | The Cardinal T | $1,090,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2024 12/03/24 | Sold | $6,600,000 | -2.9% | $1,013 / Sq Ft | |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- | |
| 08/20/2024 08/20/24 | For Sale | $6,795,000 | +58.0% | $1,042 / Sq Ft | |
| 07/08/2014 07/08/14 | Sold | $4,300,000 | 0.0% | $681 / Sq Ft | View Prior Sale |
| 04/29/2014 04/29/14 | Pending | -- | -- | -- | |
| 04/11/2014 04/11/14 | Off Market | $4,300,000 | -- | -- | |
| 04/07/2014 04/07/14 | For Sale | $4,500,000 | -- | $713 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $56,058 | $6,194,300 | $4,713,400 | $1,480,900 |
| 2024 | $55,237 | $6,164,800 | $4,713,400 | $1,451,400 |
| 2023 | $56,514 | $5,651,400 | $4,471,400 | $1,180,000 |
| 2022 | $58,114 | $5,524,100 | $4,383,400 | $1,140,700 |
| 2021 | $57,459 | $5,514,300 | $4,383,400 | $1,130,900 |
| 2020 | $50,539 | $4,864,200 | $3,833,400 | $1,030,800 |
| 2019 | $50,997 | $4,748,300 | $3,723,400 | $1,024,900 |
| 2018 | $52,326 | $4,748,300 | $3,723,400 | $1,024,900 |
| 2017 | $52,279 | $4,748,300 | $3,723,400 | $1,024,900 |
| 2016 | $48,799 | $4,396,300 | $3,437,400 | $958,900 |
| 2015 | $48,509 | $4,378,100 | $3,437,400 | $940,700 |
| 2014 | $48,263 | $4,351,900 | $3,437,400 | $914,500 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Walters
-
Lauren O'Brien
Buyer's Agent in 2024
Lauren O'Brien
Leading Edge Real Estate
(978) 317-3385
1 in this area
149 Total Sales
-
Cressy Team
C
Seller's Agent in 2014
Cressy Team
Coldwell Banker Realty - Marblehead
54 in this area
69 Total Sales
-
Kate Richard
Buyer's Agent in 2014
Kate Richard
J. Barrett & Company
(978) 252-0322
7 in this area
58 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73279953
APN: MARB-000921-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 349 Ocean Ave
- 4 Ballast Ln
- 102 Front St Unit 1
- 29 High St
- 75 Pond St
- 20 Mechanic Square Unit 3
- 20 Mechanic Square Unit 2
- 24 Russell St
- 45 Pleasant St
- 3 Frost Ln Unit 1
- 1 Green St Unit 2
- 15 Lindsey St
- 66 Pleasant St Unit 1
- 66 Pleasant St Unit 2
- 132 Elm St
- 132 Elm St Unit 132
- 134 Elm St
- 290 Washington St Unit 1
- 51 Lincoln Ave
- 27 Village St Unit 1
- 409 Ocean Ave
- 412 Ocean Ave
- 410 Ocean Ave
- 415 Ocean Ave
- 415 Ocean Ave Unit FurnishHous
- 415 Ocean Ave Unit FURNISHED
- 393 Ocean Ave
- 1 Corinthian Ln
- 414 Ocean Ave
- 3 Corinthian Ln
- 11 Nahant St
- 5 Corinthian Ln
- 9 Corinthian Ln
- 416 Ocean Ave
- 416 Ocean Ave
- 419 Ocean Ave
- 10 Nahant St
- --- Unit ROCKBOUND
- 400 Ocean Ave
- 391 Ocean Ave