NOT LISTED FOR SALE

50 Pinecliff Dr Marblehead, MA 01945

Estimated Value: $1,881,000 - $2,140,000

3 Beds
3 Baths
3,142 Sq Ft
$641/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $1,266,000 $403 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $12,172/month

108 Days on Market

Highlights

  • Harbor Views
  • Deck
  • Garden
  • Marblehead High School Rated A
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of November 2020

Oh boy, opportunity is knocking. Waterfront contemporary home located in the desirable Cliffs Neighborhood, sits perched high above the water providing panoramic views of Salem Harbor. The house needs attention, but the roof and heating system have been replaced. Four levels of living, all above grade, built into the “cliff”. The first floor layout is bedrooms, two with a bonus room that could be used as a third bedroom, and a full bathroom. Second floor layout is the main living level with kitchen, living room, family room, and two exterior decks. Thirdly floor layout is the master bedroom, large bathroom, and walk in closet/dressing room. Lastly, fourth floor loft, with sunny skylights, and third exterior deck. The grounds are expansive, located on .46 areas, with an impressive stairwell that leads you right down to the private association beach. Bring your imagination and enjoy all that this house has to offer - the tides, wildlife, and friends and family enjoying the harbor!

Last Agent to Sell the Property

Liz Walters

Coldwell Banker Realty - Marblehead Listed on: 06/19/2020

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Bryan Poisson

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,350

Year Built

  • Built in 1982

Lot Details

  • 0.46

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Marblehead High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Water Holding Tank

Additional Features

  • Harbor Views
  • Garden
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,350

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary
  • Year Built Description: Actual
  • List Price Per Sq Ft: 507.64
  • Comp Based On: Net Sale Price
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 20X12, Skylight, Ceiling - Cathedral, Ceiling - Beamed, Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Balcony - Interior, French Doors
  • Bedroom 2: On Level: First Floor, Dimension: 15X12, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Dimension: 15X12, Wood / Coal / Pellet Stove, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Half
  • Bathroom 3: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
  • No Rooms: 7
  • Family Room: On Level: Second Floor, Dimension: 12X11, Fireplace, Ceiling Fan(s), Ceiling - Vaulted, Flooring - Hardwood, Balcony / Deck, Main Level, Cable Hookup, Exterior Access, Slider
  • Kitchen: On Level: Second Floor, Dimension: 20X8, Flooring - Stone/Ceramic Tile, Dining Area, Balcony / Deck, Balcony - Exterior, Countertops - Stone/Granite/Solid, Main Level, Exterior Access
  • Laundry: On Level: First Floor
  • Living Room: On Level: Second Floor, Dimension: 21X13, Flooring - Hardwood, Window(s) - Picture, Main Level, Open Floor Plan
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Other Room 1: Name: Bonus Room, On Level: First Floor, Dimension: 12X12, Flooring - Hardwood, Lighting - Overhead
  • Other Room 2: Name: Loft, On Level: Fourth Floor, Dimension: 26X6, Skylight, Flooring - Hardwood, Balcony / Deck, Exterior Access
  • Main Lo: AN6181
  • Main So: AN6181
  • Estimated Sq Ft: 3142.00

Exterior Features

  • Beach Ownership: Association
  • Waterfront: Harbor
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Harbor
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Gutters, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Forced Air, Oil
  • Heat Zones: 4
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Park, Walk/Jog Trails, Bike Path, Private School, Public School

Schools

  • Middle School: Veterans School
  • High School: Marblehead High

Lot Info

  • Assessments: 1477300.00
  • Acre: 0.46
  • Lot Size: 20037.00
  • Page: 185
  • Zoning: RES
  • Lot Description: Gentle Slope, Scenic View(s)

Tax Info

  • Taxes: 16247.00
  • Assessor Parcel Number: 2021896
  • Tax Year: 2020

MLS Schools

  • High School: Marblehead High
  • Middle School: Veterans School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Nov 16, 2020
Sold by
Jones Marcia J
Bought by
Parkin Robert M and Poisson Bryan D
Seller's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
Buyer's Agent
Bryan Poisson
Compass
List Price
$1,595,000
Sold Price
$1,266,000
Premium/Discount to List
-$329,000
-20.63%
Current Estimated Value
$2,013,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,236
Avg. Annual Appreciation
9.85%
Original Mortgage
$750,000
Outstanding Balance
$667,393
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,345,843

Purchase Details

Closed on
Jul 15, 1991
Sold by
Lavender Steven M
Bought by
Jones Marcia J
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
Parkin Robert M $1,266,000 None Available
Jones Marcia J $460,000 --
Jones Marcia J $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkin Robert M $750,000
Closed Parkin Robert M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $1,266,000 -20.6% $403 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $1,595,000 -- $508 / 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 $19,350 $2,138,100 $1,675,000 $463,100
2024 $19,883 $2,219,100 $1,842,500 $376,600
2023 $16,881 $1,688,100 $1,457,300 $230,800
2022 $16,382 $1,557,200 $1,306,500 $250,700
2021 $14,642 $1,405,200 $1,172,500 $232,700
2020 $15,349 $1,477,300 $1,256,300 $221,000
2019 $5,202 $1,309,800 $1,088,800 $221,000
2018 $13,961 $1,226,000 $1,005,000 $221,000
2017 $13,365 $1,213,900 $988,300 $225,600
2016 $12,172 $1,096,600 $871,000 $225,600
2015 $12,902 $1,164,400 $921,300 $243,100
2014 $13,673 $1,232,900 $1,005,000 $227,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72677387

MLS Property Information Network (MLS PIN)

APN: MARB-000056-000008-A000000