NOT LISTED FOR SALE

5 Lookout Ct Marblehead, MA 01945

Estimated Value: $1,611,000 - $1,874,000

4 Beds
4 Baths
3,388 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $925,000 $273 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $10,340/month

51 Days on Market

About This Home

As of June 2017

Rich in detail and steeped in History, this 1745 Georgian Gambrel is one of Marblehead's rare first period homes on beautiful Lookout Court. Its fine doorway with fanlight and fluted pilasters add charm, simplicity and historic appeal. Exceptional panoramic views of Marblehead harbor and beyond make 5 Lookout Court a home to cherish! One car parking on premises plus one car deeded garage space located on Bassett Street.

Last Agent to Sell the Property

Sharon Livermore

Coldwell Banker Realty - Marblehead Listed on: 04/04/2017

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Team Harborside

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,361

Year Built

1745

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Shared Drive, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Antique
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Certified Historic
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1745

Interior Features

  • Has Basement: Yes
  • Fireplaces: 4
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Insulation: Blown In
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out, Concrete Floor
  • Bedroom 2: Second Floor, 14X14
  • Bedroom 3: Third Floor, 9X10
  • Bedroom 4: Third Floor, 13X14
  • Bathroom #1: Second Floor, 8X9
  • Bathroom #2: Second Floor, 7X7
  • Bathroom #3: Third Floor
  • Kitchen: First Floor, 15X26
  • Laundry Room: First Floor
  • Living Room: First Floor, 14X14
  • Master Bedroom: Second Floor, 12X26
  • Master Bedroom Description: Fireplace, Flooring - Hardwood, French Doors, Wainscoting
  • Dining Room: First Floor, 11X12
  • Family Room: First Floor, 13X14
  • No Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Oth1 Room Name: Vestibule
  • Oth1 Dimen: 4X7
  • Oth2 Room Name: Mud Room
  • Oth3 Room Name: Bathroom
  • Oth3 Dimen: 4X4
  • Oth3 Dscrp: Bathroom - Half
  • Oth4 Room Name: Sitting Room
  • Oth4 Dimen: 9X17
  • Oth4 Dscrp: Ceiling - Beamed, Flooring - Wall to Wall Carpet
  • Oth5 Room Name: Great Room
  • Oth5 Dimen: 13X14
  • Oth5 Dscrp: Wood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet, Deck - Exterior
  • Oth6 Dimen: 10X24
  • Oth6 Dscrp: Deck - Exterior
  • Main Lo: K95001
  • Main So: AN1195
  • Estimated Sq Ft: 3388.00

Exterior Features

  • Construction: Stone/Concrete
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck, Patio, Professional Landscaping, Screens, Gazebo
  • Foundation: Fieldstone
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Heat Zones: 5
  • Hot Water: Natural Gas, Separate Booster
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Lot Info

  • Zoning: CRH
  • Acre: 0.12
  • Lot Size: 5042.00

Multi Family

  • Foundation: 27x50
  • Waterview: Harbor, Ocean, Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 23, 2017
Sold by
1 Beacon Heights Lane and Newman
Bought by
Derr Kate and Derr Matthew E
Seller's Agent
Sharon Livermore
Coldwell Banker Realty - Marblehead
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%
Current Estimated Value
$1,743,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,399
Avg. Annual Appreciation
7.77%
Original Mortgage
$740,000
Outstanding Balance
$614,556
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,128,843

Purchase Details

Closed on
Oct 18, 2016
Sold by
Newman Jeffrey A and Newman Janet M
Bought by
1 Beacon Heights Lane and Newman

Purchase Details

Closed on
Jun 28, 1991
Sold by
Schneider Richard G
Bought by
Five Lookout Court Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derr Kate $925,000 --
1 Beacon Heights Lane -- --
1 Beacon Heights Lane -- --
Five Lookout Court Tr $525,000 --
Five Lookout Court Tr $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derr Kate $740,000
Closed Derr Kate $740,000
Previous Owner Five Lookout Court Tr $100,000
Previous Owner Five Lookout Court Tr $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $925,000 -7.4% $273 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $999,000 -- $295 / 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 $14,361 $1,586,800 $875,100 $711,700
2024 $14,340 $1,600,500 $940,800 $659,700
2023 $11,760 $1,176,000 $656,300 $519,700
2022 $12,070 $1,147,300 $601,600 $545,700
2021 $11,385 $1,092,600 $546,900 $545,700
2020 $11,708 $1,126,900 $678,200 $448,700
2019 $11,634 $1,083,200 $634,500 $448,700
2018 $11,438 $1,037,900 $575,700 $462,200
2017 $11,301 $1,026,400 $564,200 $462,200
2016 $10,882 $980,400 $518,200 $462,200
2015 $10,863 $980,400 $518,200 $462,200
2014 $10,670 $962,100 $518,200 $443,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72140369

MLS Property Information Network (MLS PIN)

APN: MARB-000132-000003