NOT LISTED FOR SALE

48 Pinecliff Dr Marblehead, MA 01945

Estimated Value: $2,504,923 - $2,908,000

4 Beds
5 Baths
4,502 Sq Ft
$599/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $1,500,000 $333 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $15,820/month

56 Days on Market

About This Home

As of December 2016

DIRECT HARBORFRONT: Spectacular sunsets are daily events from this Marblehead water-front home. Built in 1985, this spacious 4-5 Bedroom 4F/1H Bath Contemporary is located in the desirable Marblehead Cliffs neighborhood with direct access to Salem Harbor. Features include a fireplaced living room with sliding door access to one of 3 water-facing decks, a gourmet granite and stainless kitchen, a dining room with spectacular water views, main level Master Suite, laundry and home office, a lower family room, recreation room and 2 en-suite bedrooms and an upper level Master Suite with cathedral ceiling, fireplace and balcony. Enjoy entertaining outdoors from three spacious water-facing decks and kayak right from your backyard! New whole house AC, 2-car garage and deeded beach rights. Make this one-of-a-kind property your forever home!

Last Agent to Sell the Property

Cressy Team

Coldwell Banker Realty - Marblehead Listed on: 08/09/2016

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Peter Lake

Lake Real Estate License #454001922

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,232

Year Built

1981

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Appliances: Wall Oven, Dishwasher, Disposal, Countertop Range, Refrigerator, Refrigerator - Wine Storage
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available, Sauna/Steam/Hot Tub
  • Basement: Full, Walk Out, Concrete Floor, Unfinished Basement
  • Bedroom 2: Second Floor
  • Bedroom 3: First Floor
  • Bedroom 4: First Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Bathroom - Full, Skylight, Ceiling - Cathedral, Closet - Walk-in, Flooring - Hardwood, Balcony / Deck
  • Dining Room: Second Floor
  • Family Room: First Floor
  • Oth1 Room Name: Home Office
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Oth3 Room Name: Bathroom
  • Oth3 Dscrp: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Steam / Sauna
  • Oth4 Room Name: Game Room
  • Oth4 Dscrp: Closet, Flooring - Wall to Wall Carpet, Balcony / Deck

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck - Composite, Balcony, Gutters, Outdoor Shower
  • Foundation: Poured Concrete
  • Waterfront: Ocean, Frontage, Direct Access
  • Beach Ownership: Association
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC, 3 or More
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Oil
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: SR

Multi Family

  • Waterview: Harbor, Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2017
Sold by
Pihokken Charles T and Pihokken Catherine B
Bought by
Pihokken Ret and Pihokken
Current Estimated Value
$2,694,974

Purchase Details

Listed on
Aug 9, 2016
Closed on
Dec 5, 2016
Sold by
Andreasen Katherine J
Bought by
Pihokken Catherine B and Pihokken Charles T
Seller's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
Buyer's Agent
Peter Lake
Lake Real Estate
List Price
$1,699,000
Sold Price
$1,500,000
Premium/Discount to List
-$199,000
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,100,000
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2014
Sold by
Andreasen Patrick W and Anderson Katherine J
Bought by
Katherine J Andreasen

Purchase Details

Closed on
Jun 17, 2010
Sold by
Gassler Dieter K and Gassler Simone
Bought by
Andreasen Katherine J and Andreasen Patrick W

Purchase Details

Closed on
Sep 25, 1992
Sold by
Reebenacker Noel J and Reebenacker Doris
Bought by
Blood Robert E and Blood Ellen
Source: Public Records

Range of Values:

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Average Value
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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
Pihokken Ret -- --
Pihokken Ret -- --
Pihokken Ret -- --
Pihokken Catherine B $1,500,000 --
Katherine J Andreasen -- --
Katherine J Andreasen J -- --
Andreasen Katherine J $1,300,000 --
Andreasen Katherine J $1,300,000 --
Blood Robert E $490,000 --
Blood Robert E $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pihokken Catherine B $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $1,500,000 -6.0% $333 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $1,595,000 -6.1% $354 / Sq Ft
08/09/2016 08/09/16 For Sale $1,699,000 -- $377 / 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 $20,232 $2,235,600 $1,584,000 $651,600
2024 $21,756 $2,428,100 $1,742,400 $685,700
2023 $19,758 $1,975,800 $1,378,100 $597,700
2022 $19,185 $1,823,700 $1,235,500 $588,200
2021 $17,286 $1,658,900 $1,108,800 $550,100
2020 $17,667 $1,700,400 $1,188,000 $512,400
2019 $16,561 $1,542,000 $1,029,600 $512,400
2018 $16,120 $1,462,800 $950,400 $512,400
2017 $16,037 $1,456,600 $934,600 $522,000
2016 $14,641 $1,319,000 $823,700 $495,300
2015 $15,469 $1,396,100 $871,200 $524,900
2014 $16,359 $1,475,100 $950,400 $524,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72050703

MLS Property Information Network (MLS PIN)

APN: MARB-000056-000008