$1,000,000
SOLD JUN 13, 2025

49 Atlantic Ave Marblehead, MA 01945

6 Beds
3 Baths
2,534 Sq Ft
3,180 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

15% Below List Price

11 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Marblehead High School Rated A-
  • Property is near public transit and schools
  • 3-minute walk to Seaside Park

About This Home

As of June 2025

Welcome to 49 Atlantic Ave, a charming 3-family property in the heart of downtown Marblehead. This well-maintained building boasts three spacious 2-bedroom, 1-bath units, each with its own distinct appeal. Each kitchen features upgraded cabinetry and granite countertops, blending modern style with functionality. Unit 1 has a newer FHA gas heating system (1 year old) with A/C, while Units 2 and 3 offer electric baseboard heating. The 2nd-floor unit showcases wide pine plank floors, while the 3rd unit boasts hand-scraped prefinished hardwood floors. Recessed lighting highlights the living spaces in both the 1st and 2nd-floor units. All units offer the added convenience of in-unit laundry and were fully renovated about 10 years ago with new kitchens and bathrooms. The property includes 3 off-street parking spaces and is just steps from Marblehead’s vibrant downtown with its shops & restaurants. Don’t miss this incredible investment opportunity in a prime coastal location!

Last Agent to Sell the Property

Melissa Dias Lopes

J. Barrett & Company Listed on: 04/01/2025

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,851

Year Built

  • Built in 1910

Lot Details

  • 3,180 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,534 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Sun or Florida Room
  • Upgraded Countertops
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit and schools

Schools

  • Veternas Middle School
  • Marblehead High School

Listing and Financial Details

  • Total Actual Rent $5,250
  • Assessor Parcel Number M:0110 B:013A L:0,2023614

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Bike Trail

Building Details

  • Insurance Expense $5,300
  • Operating Expense $5,300
  • Net Operating Income $57,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,851

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood, Wood
  • Interior Amenities: Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Laundry Room, Sunroom
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 2534
  • Living Area: 2534
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95243
  • MAIN SO: AN4471

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Bike Path, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0110 B:013A L:0,2023614
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3180
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7851

Multi Family

  • Insurance Expense: 5300
  • Net Operating Income: 57700
  • Number Of Units Total: 3
  • Operating Expense: 5300
  • Total Actual Rent: 5250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Marblehead High
  • Middle Or Junior School: Veternas Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
Jun 13, 2025
Sold by
Barry Sandra and Ward Gary E
Bought by
Ruthy Llc
Seller's Agent
Melissa Dias Lopes
J. Barrett & Company
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Views
32
Current Estimated Value
$994,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,000
Avg. Annual Appreciation
-1.00%
Original Mortgage
$750,000
Outstanding Balance
$746,741
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,259

Purchase Details

Closed on
Nov 30, 1993
Sold by
Barry June and Barry John J
Bought by
Barry Sandra
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 Type Sale Price Title Company
Quit Claim Deed $1,000,000 None Available
Quit Claim Deed $1,000,000 None Available
Quit Claim Deed $1,000,000 None Available
Deed $200,000 --
Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Purchase Money Mortgage
Closed $750,000 Purchase Money Mortgage
Previous Owner $397,500 No Value Available
Previous Owner $512,000 No Value Available
Previous Owner $350,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $1,000,000 -14.9% $395 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $1,175,000 -- $464 / 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 $7,851 $867,500 $488,800 $378,700
2024 $7,079 $790,100 $532,300 $257,800
2023 $6,591 $659,100 $412,800 $246,300
2022 $6,305 $599,300 $353,000 $246,300
2021 $5,849 $561,300 $315,000 $246,300
2020 $5,899 $567,800 $358,500 $209,300
2019 $5,515 $513,500 $304,200 $209,300
2018 $5,539 $502,600 $293,300 $209,300
2017 $5,295 $480,900 $271,600 $209,300
2016 $5,022 $452,400 $249,800 $202,600
2015 $4,764 $430,000 $239,000 $191,000
2014 $4,507 $406,400 $217,300 $189,100
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: 73352992

MLS Property Information Network (MLS PIN)

APN: MARB-000110-000013-A000000