NOT LISTED FOR SALE

48 Harbor Ave Marblehead, MA 01945

Estimated Value: $3,568,000 - $4,354,000

5 Beds
5 Baths
4,972 Sq Ft
$814/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $2,300,000 $463 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $23,829/month

151 Days on Market

About This Home

As of June 2015

A remarkable restoration of an iconic Marblehead Neck home. Perched high on a knoll this circa 1905 mansion has undergone an incredible transformation. A beautiful new custom kitchen, 4 and a half new bathrooms, all new wiring and plumbing, new windows, new systems, and the list goes on and on (please contact listing broker for the complete list of improvements). The renovation of the home is enhanced by its beautiful ocean views, 10 ft ceilings, the two car garage/carriage house, and the almost acre of land it is sited on. 48 Harbor Avenue is a gracious home in every sense of the word. Truly a home to be proud of!

Last Agent to Sell the Property

Team Harborside

Sagan Harborside Sotheby's International Realty Listed on: 01/15/2015

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Cressy Team

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Fireplaces: 4
  • Has Basement: Yes
  • Fireplaces: 4
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Insulation: Full, Blown In, Spray Foam
  • Basement: Partial

Exterior Features

  • Exterior: Wood
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached, Storage, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant, Gas
  • Cooling Zones: 3
  • Heat Zones: 5
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:0908 B:0012 L:0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Rosenbaum Brett and Rosenbaum Heather
Bought by
B M Rosenbaum Ret 2017
Current Estimated Value
$4,046,797

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 16, 2015
Sold by
Harbor Ave Partners Ll
Bought by
Rosenbaum Brett and Rosenbaum Heather
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
List Price
$2,599,000
Sold Price
$2,300,000
Premium/Discount to List
-$299,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$1,100,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2013
Closed on
Apr 11, 2014
Sold by
Buckley Ret and Buckley
Bought by
Harbor Ave Partners Ll
Seller's Agent
Bill Willis Jr.
Compass
Buyer's Agent
Richard Cooper
Sagan Harborside Sotheby's International Realty
List Price
$1,749,000
Sold Price
$1,275,000
Premium/Discount to List
-$474,000
-27.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.87%
Original Mortgage
$1,440,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
B M Rosenbaum Ret 2017 -- None Available
B M Rosenbaum Ret 2017 -- None Available
B M Rosenbaum Ret 2017 -- None Available
Rosenbaum Brett $2,300,000 --
Harbor Ave Partners Ll $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenbaum Brett $1,100,000
Previous Owner Harbor Ave Partners Ll $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2015 06/15/15 Sold $2,300,000 0.0% $463 / Sq Ft
03/22/2015 03/22/15 Off Market $2,300,000 -- --
01/15/2015 01/15/15 For Sale $2,599,000 +103.8% $523 / Sq Ft
04/10/2014 04/10/14 Sold $1,275,000 0.0% $256 / Sq Ft View Prior Sale
02/21/2014 02/21/14 Pending -- -- --
02/07/2014 02/07/14 Off Market $1,275,000 -- --
10/22/2013 10/22/13 Price Changed $1,550,000 -11.4% $312 / Sq Ft
05/10/2013 05/10/13 For Sale $1,749,000 -- $352 / 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 $32,030 $3,539,200 $1,871,800 $1,667,400
2024 $35,767 $3,991,800 $2,377,800 $1,614,000
2023 $29,864 $2,986,400 $1,695,800 $1,290,600
2022 $29,779 $2,830,700 $1,585,800 $1,244,900
2021 $27,592 $2,648,000 $1,541,800 $1,106,200
2020 $28,020 $2,696,800 $1,651,800 $1,045,000
2019 $26,178 $2,437,400 $1,431,800 $1,005,600
2018 $25,163 $2,283,400 $1,277,800 $1,005,600
2017 $24,656 $2,239,400 $1,233,800 $1,005,600
2016 $21,748 $1,959,300 $1,145,800 $813,500
2015 $17,129 $1,545,900 $1,145,800 $400,100
2014 -- $1,568,700 $1,101,800 $466,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Team Harborside

    Sagan Harborside Sotheby's International Realty

    (617) 816-1909

    68 in this area

    127 Total Sales

    Team Harborside
    Section Image

  • C

    Buyer's Agent in 2015

    Cressy Team

    Coldwell Banker Realty - Marblehead

    54 in this area

    68 Total Sales

    Cressy Team
    Section Image
  • Bill Willis Jr.

    Seller's Agent in 2014

    Bill Willis Jr.

    Compass

    (781) 534-9229

    26 in this area

    27 Total Sales

    Bill Willis Jr.
    Section Image

  • R

    Buyer's Agent in 2014

    Richard Cooper

    Sagan Harborside Sotheby's International Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71784391

MLS Property Information Network (MLS PIN)

APN: MARB-000908-000012

Massachusetts Essex County Marblehead 01945

48 Harbor Ave, Marblehead, MA

Not Listed for Sale

Detached

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