M
Seller's Agent in 2021
Melissa Weinand
William Raveis R.E. & Home Services
(781) 254-8669
48 in this area
234 Total Sales
5 Lorraine Terrace Marblehead, MA 01945
Estimated Value: $1,263,000 - $1,602,000
4
Beds
4.5
Baths
3,448
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- In Ground Pool
- Marblehead High School Rated A-
- Medical Services
- Waterfront
About This Home
As of October 2021This is a must see...MAGICAL is the word that comes to mind! This open contemporary 5 bedroom 4.5 bath home is move in ready, exquisitely renovated with attention to detail, and has great flow to the private outside oasis. A wide open first floor layout welcomes you, enjoy the 55" Heat & Glo see through gas fireplace and Klipsch built in speakers.The new addition boasts Pella double & triple sliders that flow out to the wrap around composite deck, and 16x32 pool (new sand filter). Loads of windows here (Anderson & custom Marvin) means loads of sunlight throughout. The deluxe new primary ensuite w/deck is a jaw dropper. Notables here: Inlaw suite, GE generator, Central AC(not in LL), gas 5 zone heat (2 years), foam insulation, french drain system. Centrally located near schools, town, parks & rail trail. Amazing open space with a european flare, this is truly a great home for entertaining and living! OPEN Sat/Sun 8/21 & 8/22....12-1:30, come see for yourself!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 08/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,756
Year Built
- Built in 1966 | Remodeled
Lot Details
- 10,019 Sq Ft Lot
- Waterfront
- Sprinkler System
- Garden
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,448 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Picture Window
- Sliding Doors
- Insulated Doors
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Home Office
- Storm Doors
Kitchen
- Stove
- Range
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on third floor
- Custom Closet System
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Finished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deck
- Patio
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Mvm Middle School
- MHS High School
Utilities
- Central Air
- 1 Cooling Zone
- 5 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 2023279
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2021
Closed on
Oct 15, 2021
Sold by
Gabriel Alis G and Gabriel David M
Bought by
Wilson Ross C and Wilson Maria-Duarte E
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Aranson Maguire Group
Compass
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,118
Avg. Annual Appreciation
4.81%
Original Mortgage
$875,000
Outstanding Balance
$794,447
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$641,671
Purchase Details
Closed on
Jun 15, 2001
Sold by
Gelpke William E and Gelpke Lana F
Bought by
Gavrilescu Theodore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Ross C | $1,175,000 | None Available | |
| Wilson Ross C | $1,175,000 | None Available | |
| Gavrilescu Theodore | $439,000 | -- | |
| Gavrilescu Theodore | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Ross C | $875,000 | |
| Closed | Wilson Ross C | $875,000 | |
| Previous Owner | Gavrilescu Theodore | $400,000 | |
| Previous Owner | Gavrilescu Theodore | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $1,175,000 | 0.0% | $341 / Sq Ft |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $1,175,000 | -- | $341 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,489 | $1,159,000 | $622,800 | $536,200 |
| 2024 | $10,447 | $1,166,000 | $662,500 | $503,500 |
| 2023 | $10,346 | $1,034,600 | $583,000 | $451,600 |
| 2022 | $8,300 | $789,000 | $503,500 | $285,500 |
| 2021 | $7,756 | $744,300 | $463,800 | $280,500 |
| 2020 | $7,331 | $705,600 | $463,800 | $241,800 |
| 2019 | $7,294 | $679,100 | $437,300 | $241,800 |
| 2018 | $7,045 | $639,300 | $397,500 | $241,800 |
| 2017 | $6,893 | $626,100 | $384,300 | $241,800 |
| 2016 | $6,802 | $612,800 | $371,000 | $241,800 |
| 2015 | $6,395 | $577,200 | $331,300 | $245,900 |
| 2014 | $6,208 | $559,800 | $318,000 | $241,800 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Weinand
-
Judith Toner
J
Seller Co-Listing Agent in 2021
Judith Toner
The Proper Nest Real Estate
(781) 704-6592
20 in this area
60 Total Sales
-
Aranson Maguire Group
Buyer's Agent in 2021
Aranson Maguire Group
Compass
(617) 206-3333
11 in this area
429 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72882673
APN: MARB-000105-000017
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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