NOT LISTED FOR SALE

47 Bayview Rd Marblehead, MA 01945

Estimated Value: $835,201 - $944,000

3 Beds
2 Baths
1,460 Sq Ft
$602/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $640,000 $438 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,161/month

6 Days on Market

Highlights

  • Waterfront
  • Deck
  • Ranch Style House
  • Marblehead High School Rated A-
  • Property is near public transit and schools
  • Wood Flooring

About This Home

As of May 2021

AMAZING POTENTIAL! That’s the story here at this solid home on a quiet side street on the edge of Salem Harbor (there is beach access at the end of the street). The living room is the focal point of the home with hardwood floors, a high ceiling with Oregon spruce beams that peaks at approximately 11 feet, and a floor to ceiling Tennessee marble fireplace with wood burning insert. In addition to the living room, there is a kitchen, two full baths and 3 bedrooms on the main level. The unfinished lower level offers 700+ square feet with good ceiling height, another fireplace, and a walk-out to the backyard. New furnace in 2016, new roof in 2006, new oil tank in 2012. A large flat lot with plenty of parking. This home needs renovating but the upside/added value after complete is enormous! We kindly ask that offers, if any, are submitted by Monday, April 26th by 2pm. Please allow until 2pm on Tuesday, April 27th for response.

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 04/21/2021

RE/MAX Beacon

Last Buyer's Agent

Merry Fox Team

MerryFox Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,697

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is zoned SR

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,460 Sq Ft Home
  • 2 Fireplaces

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:0121 B:0068 L:0,2024259

Community Details

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Near Conservation Area
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,697

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1964
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Laminate, Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oil Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Living Area: 1460
  • MAIN LO: AN4471
  • MAIN SO: C95279

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Fuses
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Private School, Public School

Lot Info

  • Parcel Number: M:0121 B:0068 L:0,2024259
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 8880

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Spell Emily
Bought by
Chew John A and Spell Emily
Current Estimated Value
$878,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,500
Outstanding Balance
$548,118
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$330,432

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 26, 2021
Sold by
Drew Ft and Bell
Bought by
Spell Emily
Seller's Agent
Jack Brown
RE/MAX Beacon
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$480,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2011
Sold by
Bell Stephanie C
Bought by
Drew Ft

Purchase Details

Closed on
Nov 8, 1979
Bought by
Drew Ft
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chew John A -- None Available
Chew John A -- None Available
Chew John A -- None Available
Chew John A -- None Available
Spell Emily $640,000 None Available
Spell Emily $640,000 None Available
Drew Ft -- --
Bell Stephanie C -- --
Drew Ft -- --
Drew Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew John A $591,500
Closed Chew John A $591,500
Previous Owner Spell Emily $480,000
Previous Owner Drew Ft $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $640,000 +2.4% $438 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $625,000 -- $428 / 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 $6,819 $753,500 $514,300 $239,200
2024 $6,398 $714,100 $552,900 $161,200
2023 $6,186 $618,600 $482,200 $136,400
2022 $5,872 $558,200 $424,300 $133,900
2021 $5,697 $546,700 $411,500 $135,200
2020 $5,158 $496,400 $398,600 $97,800
2019 $5,055 $470,700 $372,900 $97,800
2018 $5,045 $457,800 $360,000 $97,800
2017 $4,616 $419,300 $321,500 $97,800
2016 $4,394 $395,900 $295,700 $100,200
2015 $4,271 $385,500 $282,900 $102,600
2014 $3,816 $344,100 $244,300 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72818420

MLS Property Information Network (MLS PIN)

APN: MARB-000121-000068