NOT LISTED FOR SALE

407 Atlantic Ave Marblehead, MA 01945

Estimated Value: $767,765 - $951,000

3 Beds
2 Baths
1,539 Sq Ft
$541/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $540,000 $351 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,940/month

9 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Patio
  • Marblehead High School Rated A-
  • Porch
  • 4-minute walk to Hobbs Playground

About This Home

As of May 2020

This adorable cape-style home feels surprisingly spacious inside. Don't be fooled by the quaint exterior. Enter the generous living room through double french doors and relax as you warm up in front of the wood-burning fireplace. Crisp white shaker-style cabinets, white subway tiles and granite counter-tops can be enjoyed in the fully updated kitchen — a beautiful new window, that overlooks the backyard, adds wonderful daylight to the room. Two nicely-sized bedrooms along with a full bathroom can be found on the main level. Upstairs you will find an additional bedroom and full bath with access to very accessible walk-in attic storage space. Laundry can be found on the lower level in addition to access to the one-car garage and 2-car off-street parking. Includes deeded beach rights to a small beach known as Ware's Beach.

Last Agent to Sell the Property

Bryan Ruocco

LPT Realty, LLC Listed on: 02/26/2020

LPT Realty, LLC

Last Buyer's Agent

Vernon Urlich

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Property is zoned SR
  • Attic
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0009 B:0034 L:0

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 357.31
  • Comp Based On: Net Sale Price
  • Year Built: 1945
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable Available, Walk-up Attic
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 6
  • Family Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Basement: Y
  • Basement Features: Full, Garage Access, Concrete Floor, Unfinished Basement
  • Main Lo: AC0756
  • Main So: AN4471
  • Estimated Sq Ft: 1539.00

Exterior Features

  • Beach Ownership: Deeded Rights
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Patio
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Parking: Attached, Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Steam, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Walk/Jog Trails

Lot Info

  • Assessments: 552800.00
  • Acre: 0.16
  • Lot Size: 6755.00
  • Page: 618
  • Parcel Number: M:0009 B:0034 L:0
  • Zoning: SR
  • Lot Description: Gentle Slope

Tax Info

  • Taxes: 5744.00
  • Assessor Parcel Number: 2019924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 12, 2020
Sold by
Ferrone Kevin L and Ferrone Weijia
Bought by
Finocchio Richard N
Seller's Agent
Bryan Ruocco
LPT Realty, LLC
Buyer's Agent
Vernon Urlich
Sagan Harborside Sotheby's International Realty
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$832,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,941
Avg. Annual Appreciation
7.68%
Original Mortgage
$432,000
Outstanding Balance
$381,131
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$451,810

Purchase Details

Listed on
Oct 20, 2014
Closed on
Apr 10, 2015
Sold by
407 Atlantic Ave Rt and Bonnell
Bought by
Ferrone Kevin L and Wang Weijia
Seller's Agent
The Lopes Bridge Group
J. Barrett & Company
Buyer's Agent
Bryan Ruocco
LPT Realty, LLC
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$407,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Small Davidine J
Bought by
407 Atlantic Ave Rt
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
Finocchio Richard N $540,000 None Available
Ferrone Kevin L $360,000 --
407 Atlantic Ave Rt -- --
407 Atlantic Ave Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finocchio Richard N $432,000
Closed Finocchio Richard N $432,000
Previous Owner Ferrone Kevin L $407,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2020 05/14/20 Sold $540,000 -1.8% $351 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $549,900 +52.8% $357 / Sq Ft
04/10/2015 04/10/15 Sold $360,000 0.0% $296 / Sq Ft View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
02/20/2015 02/20/15 Off Market $360,000 -- --
12/02/2014 12/02/14 Price Changed $369,000 -2.6% $303 / Sq Ft
10/20/2014 10/20/14 For Sale $379,000 -- $311 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,693 $739,600 $581,500 $158,100
2024 $5,242 $585,100 $484,600 $100,500
2023 $5,970 $597,000 $484,600 $112,400
2022 $5,815 $552,800 $448,200 $104,600
2021 $5,882 $564,500 $424,000 $140,500
2020 $5,744 $552,800 $424,000 $128,800
2019 $5,533 $515,200 $387,700 $127,500
2018 $5,143 $466,700 $339,200 $127,500
2017 $5,005 $454,600 $327,100 $127,500
2016 $4,508 $406,100 $278,600 $127,500
2015 $4,182 $377,400 $266,500 $110,900
2014 $3,773 $340,200 $242,300 $97,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72624234

MLS Property Information Network (MLS PIN)

APN: MARB-000009-000034

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