NOT LISTED FOR SALE

420 Ocean Ave Marblehead, MA 01945

Estimated Value: $2,076,890 - $2,588,000

3 Beds
3 Baths
3,048 Sq Ft
$756/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $1,265,000 $415 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $12,613/month

85 Days on Market

About This Home

As of November 2016

Marblehead Neck - Proximity to ocean, water views and magnificent perennial gardens enhance the charm and appeal of this iconic "Marblehead Hollyhock Cottage". Encircled by beautiful stone walls, this home has been expertly and lovingly updated/renovated from the studs - attic to basement. Energy efficient and "chemical free", the 3,048 sq ft home with 8 rooms, 3 bedrooms and 3 full baths offers so many enjoyable spaces that make living here special: open and bright first floor rooms with 2 fireplaces/period detail/fixtures/stained glass, high end chefs kitchen, master bedroom suite, inviting exterior decks overlooking the ocean and spectacular private grounds. State of the art heating/electrical/plumbing/cooling/security/irrigation systems AND whole house intercom and surround sound systems. Extra: hard wired, gas fired self starting whole house generator.

Last Agent to Sell the Property

Claire Dembowski

RE/MAX 360 License #454000334 Listed on: 06/19/2016

RE/MAX 360

Last Buyer's Agent

Christine Cowden

Compass

Compass

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Park, Golf Course, Medical Facility, Conservation Area, House of Worship, Private School, Public School, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Storm Windows, Backup Generator
  • Flooring: Tile, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Sauna/Steam/Hot Tub, Intercom, Finish - Sheetrock
  • Basement: Interior Access, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 12X20
  • Bedroom 3: Second Floor, 10X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 15X16
  • Laundry Room: First Floor, 7X11
  • Living Room: First Floor, 16X20
  • Master Bedroom: Second Floor, 14X17
  • Master Bedroom Description: Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 12X17
  • Family Room: First Floor, 15X16
  • Oth1 Room Name: Library
  • Oth1 Dimen: 8X20
  • Oth1 Dscrp: Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
  • Oth2 Room Name: Mud Room
  • Oth2 Dimen: 9X10

Exterior Features

  • Roof: Rubber, Metal
  • Frontage: 120.00
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck - Composite, Patio, Covered Patio/Deck, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, Garden Area, Stone Wall
  • Foundation: Fieldstone
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Deeded, Improved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water, Rain Water
  • Sewage District: SESX

Lot Info

  • Zoning: LSR

Multi Family

  • Waterview: Ocean, Sound, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2016
Closed on
Nov 2, 2016
Sold by
Dougovito Paul A and Dougovito Pamela L
Bought by
Harbor Rt and Raymond
Seller's Agent
Claire Dembowski
RE/MAX 360
Buyer's Agent
Christine Cowden
Compass
List Price
$1,479,900
Sold Price
$1,265,000
Premium/Discount to List
-$214,900
-14.52%
Current Estimated Value
$2,182,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,437
Avg. Annual Appreciation
6.72%
Original Mortgage
$450,000
Outstanding Balance
$360,019
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,943,204

Purchase Details

Closed on
Apr 21, 2005
Sold by
Dougovito Pamela L and Dougovito Paul A
Bought by
Dougovito Paul A

Purchase Details

Closed on
Aug 2, 1993
Sold by
Murphy Richard J and Murphy Sonya
Bought by
Dougovito Paul A and Dougovito Pamela
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
Harbor Rt $1,265,000 --
Dougovito Paul A -- --
Dougovito Paul A -- --
Dougovito Paul A $445,000 --
Dougovito Paul A $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbor Rt $450,000
Closed Harbor Rt $450,000
Previous Owner Dougovito Paul A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2016 11/02/16 Sold $1,265,000 -5.5% $415 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $1,339,000 -4.0% $439 / Sq Ft
07/06/2016 07/06/16 Price Changed $1,395,000 -5.7% $458 / Sq Ft
06/19/2016 06/19/16 For Sale $1,479,900 -- $486 / 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 $15,770 $1,742,500 $1,147,700 $594,800
2024 $19,212 $2,144,200 $1,458,300 $685,900
2023 $15,887 $1,588,700 $1,039,700 $549,000
2022 $15,877 $1,509,200 $972,200 $537,000
2021 $15,362 $1,474,300 $945,200 $529,100
2020 $15,695 $1,510,600 $1,012,700 $497,900
2019 $14,560 $1,355,700 $877,700 $478,000
2018 $13,898 $1,261,200 $783,200 $478,000
2017 $13,589 $1,234,200 $756,200 $478,000
2016 $13,099 $1,180,100 $702,100 $478,000
2015 $13,076 $1,180,100 $702,100 $478,000
2014 $12,477 $1,125,100 $675,100 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72025649

MLS Property Information Network (MLS PIN)

APN: MARB-000924-000008