Seller's Agent in 2024
Willis + Tierney
Compass
(612) 860-6446
66 in this area
113 Total Sales
5 Redstone Ln Marblehead, MA 01945
Estimated Value: $2,643,000 - $3,597,000
4
Beds
4.5
Baths
3,339
Sq Ft
$950/Sq Ft
Est. Value
Highlights
- Solar Power System
- Harbor Views
- Landscaped Professionally
- Marblehead High School Rated A
- Colonial Architecture
- 3-minute walk to Hammond Park
About This Home
As of September 2024Sited in one of the most sought-after neighborhoods of the “town side” of Marblehead Harbor, this stunning, 4 bedroom, 4 full & 1 half bathroom renovation was designed with the environment in mind & elevates the indoor/outdoor living experience. The beautifully designed interior was completely renovated and expanded in 2017 and offers a perfectly balanced fusion of form, light, space and luxury. Extensive walls of glass windows are fitted with custom Hunter Douglas window coverings, which capture the views of the Harbor and gardens. Luxurious amenities abound throughout the home and include Gauggenau/Miele and SubZero appliances, Waterworks vanities & fixtures, Hans Grohe shower heads, Toto commodes, Quartzite countertops, rift sawn white oak & polished concrete flooring. Ultra efficiency was in mind when installing the Hydro Air 2-zone heating system with humidifier and solar panels. Step outside to enjoy the gorgeous gardens & hardscapes, featured in multiple publications!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,451
Year Built
- Built in 1921
Lot Details
- 9,539 Sq Ft Lot
- Street terminates at a dead end
- Fenced Yard
- Landscaped Professionally
- Sprinkler System
- Garden
- Property is zoned SF
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Open Parking
- Off-Street Parking
Property Views
- Harbor
- Scenic Vista
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Spray Foam Insulation
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,339 Sq Ft Home
- Wet Bar
- Decorative Lighting
- 1 Fireplace
- Insulated Windows
- Window Screens
- Insulated Doors
Kitchen
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
- Solar Power System
- Heating system powered by active solar
Outdoor Features
- Balcony
- Deck
- Rain Gutters
Schools
- Public/Private Elementary And Middle School
- Public/Private High School
Utilities
- Humidity Control
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- Hydro-Air Heating System
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2023731
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Sep 5, 2024
Sold by
Shanmugam Muthian T and Shanmugam Muthian
Bought by
Bedard Jonathan A and Bedard Julie C
Seller's Agent
Willis + Tierney
Compass
Buyer's Agent
Jenn Mangini
Sagan Harborside Sotheby's International Realty
List Price
$2,995,000
Sold Price
$3,453,000
Premium/Discount to List
$458,000
15.29%
Views
30
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
-$280,956
Avg. Annual Appreciation
-6.83%
Original Mortgage
$2,762,400
Outstanding Balance
$2,728,054
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$443,990
Purchase Details
Closed on
Apr 9, 2020
Sold by
Muthian Shanmugam
Bought by
Shanmugam Muthin T and Shanmugam Muthian
Purchase Details
Closed on
Jun 29, 2011
Sold by
5 Redstone Lane Llc
Bought by
Muthian Shanmugam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2007
Sold by
5 Redstone Lane Rt and Robinson
Bought by
5 Redstone Lane Llc
Purchase Details
Closed on
Apr 3, 1990
Sold by
Taggard Katharine Lee
Bought by
Anderson Ann C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.96%
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 |
|---|---|---|---|
| Bedard Jonathan A | $3,453,000 | None Available | |
| Shanmugam Muthin T | -- | None Available | |
| Muthian Shanmugam | $787,500 | -- | |
| 5 Redstone Lane Llc | -- | -- | |
| 5 Redstone Lane Llc | -- | -- | |
| Anderson Ann C | $365,000 | -- | |
| 5 Redstone Lane Llc | -- | -- | |
| Anderson Ann C | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bedard Jonathan A | $2,762,400 | |
| Previous Owner | Muthian Shanmugam | $63,000 | |
| Previous Owner | Anderson Ann C | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $3,453,000 | +15.3% | $1,034 / Sq Ft |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $2,995,000 | 0.0% | $897 / Sq Ft |
| 07/23/2015 07/23/15 | Rented | $4,000 | +6.7% | -- |
| 06/23/2015 06/23/15 | Under Contract | -- | -- | -- |
| 03/23/2015 03/23/15 | For Rent | $3,750 | +31.6% | -- |
| 10/15/2013 10/15/13 | Rented | $2,850 | -24.0% | -- |
| 09/15/2013 09/15/13 | Under Contract | -- | -- | -- |
| 08/17/2013 08/17/13 | For Rent | $3,750 | -- | -- |
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 | $24,847 | $2,745,500 | $1,786,600 | $958,900 |
| 2024 | $14,451 | $1,612,800 | $1,047,100 | $565,700 |
| 2023 | $13,106 | $1,310,600 | $850,800 | $459,800 |
| 2022 | $11,905 | $1,131,700 | $680,600 | $451,100 |
| 2021 | $11,731 | $1,125,800 | $680,600 | $445,200 |
| 2020 | $10,295 | $990,900 | $575,900 | $415,000 |
| 2019 | $10,204 | $950,100 | $549,700 | $400,400 |
| 2018 | $9,233 | $837,800 | $497,400 | $340,400 |
| 2017 | $7,894 | $717,000 | $458,100 | $258,900 |
| 2016 | $8,546 | $769,900 | $445,000 | $324,900 |
| 2015 | $8,530 | $769,900 | $445,000 | $324,900 |
| 2014 | $8,361 | $753,900 | $445,000 | $308,900 |
Source: Public Records
Agents Affiliated with this Home
-
Willis + Tierney
-
Bill Willis Jr.
Seller Co-Listing Agent in 2024
Bill Willis Jr.
Compass
(781) 534-9229
27 in this area
30 Total Sales
-
Jenn Mangini
J
Buyer's Agent in 2024
Jenn Mangini
Sagan Harborside Sotheby's International Realty
(774) 571-7251
7 in this area
21 Total Sales
-
Janice Kostopoulos
Seller's Agent in 2015
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
(617) 365-6316
6 in this area
24 Total Sales
-
John Fedas
Buyer's Agent in 2015
John Fedas
Coastal Homes Real Estate
(800) 433-0016
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73257108
APN: MARB-000113-000018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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