NOT LISTED FOR SALE

51 Harbor Ave Marblehead, MA 01945

Estimated Value: $2,888,931 - $3,538,000

5 Beds
5 Baths
5,600 Sq Ft
$584/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $2,075,000 $371 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $18,852/month

20 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • French Doors
  • Marblehead High School Rated A-
  • Patio
  • Garden

About This Home

As of January 2020

Exquisitely renovated & expanded, this transitional, contemporary style home features 5600 SF of living space. Sited on a large, private professionally landscaped lot, this exceptional sun filled home provides the perfect balance between today's desired open living concept and private spaces for family & guests alike. The first floor offers a gracious foyer, formal living and dining rooms with floor-to-ceiling doors overlooking the patio and private yard, a chef's kitchen with two 12' islands, top-of-the-line appliances, (8-burner Capital Connoisseurian gas stove, 2 electric ovens, Miele drawer warmer, Bosch DW, Sub zero ref., GE microwave) & separate pantry, open to the fireplaced family room, as well as a spacious master bedroom suite. Second floor has 4 bedrooms (one could be 2nd master suite-if desired), 3 full baths, & an open cathedraled, central office with 12' windows overlooking the surrounding tree tops. Marblehead Neck location, close proximity to yacht clubs and beaches.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 09/10/2019

Compass

Last Buyer's Agent

Steven White

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Sprinkler System
  • Garden
  • Property is zoned LSR

Parking

  • 2 Car Garage

Interior Spaces

  • Window Screens
  • French Doors
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 401.79
  • Comp Based On: Net Sale Price
  • Year Built: 1985
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, French Doors, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor, Dimension: 15X27, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Closet, Flooring - Wall to Wall Carpet, Recessed Lighting, Crown Molding, Closet - Double
  • Bedroom 2: On Level: Second Floor, Dimension: 16X17, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Flooring - Wall to Wall Carpet, Recessed Lighting, Closet - Double
  • Bedroom 3: On Level: Second Floor, Dimension: 13X15, Closet, Flooring - Wall to Wall Carpet, Attic Access, Closet - Double
  • Bedroom 4: On Level: Second Floor, Dimension: 13X13, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 5: On Level: Second Floor, Dimension: 15X17, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 8X13, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Dimension: 5X6, Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • Bathroom 3: On Level: Second Floor, Dimension: 4X9, Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile
  • No Rooms: 13
  • Dining Room: On Level: First Floor, Dimension: 13X15, Flooring - Hardwood, French Doors, Exterior Access, Open Floor Plan, Recessed Lighting, Crown Molding
  • Family Room: On Level: First Floor, Dimension: 18X18, Fireplace, Flooring - Hardwood, Cable Hookup, Open Floor Plan, Recessed Lighting, Crown Molding
  • Kitchen: On Level: First Floor, Dimension: 15X28, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead, Crown Molding
  • Laundry: Closet, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 15X20, Fireplace, Flooring - Hardwood, French Doors, Exterior Access, Open Floor Plan, Recessed Lighting, Crown Molding
  • Basement: Y
  • Basement Features: Partial, Partially Finished, Interior Access, Concrete Floor
  • Other Room 1: Name: Foyer, On Level: First Floor, Dimension: 14X17, Flooring - Hardwood, Crown Molding
  • Other Room 2: Name: Other, On Level: First Floor, Dimension: 8X19, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Dryer Hookup - Electric, Second Dishwasher
  • Other Room 3: Name: Office, On Level: Second Floor, Dimension: 13X21, Ceiling - Vaulted, Flooring - Hardwood, Recessed Lighting
  • Other Room 4: Name: Bathroom, On Level: Second Floor, Dimension: 7X9, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Other Room 5: Name: Bathroom, On Level: Second Floor, Dimension: 7X7, Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile, Remodeled
  • Other Room 6: Name: Exercise Room, On Level: Basement, Dimension: 20X33
  • Main Lo: K95001
  • Main So: M59500
  • Estimated Sq Ft: 5600.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Frontage: 100.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Patio, Gutters, Professional Landscaping, Sprinkler System, Screens, Garden Area, Invisible Fence
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass, Blown In, Mixed, Fiberglass - Batts

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Parking: Attached, Garage Door Opener, Storage
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers
  • Sewage District: Essex
  • Cooling: Central Air
  • Cooling Zones: 5
  • Heating: Forced Air, Gas
  • Heat Zones: 5
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Private School, Public School

Lot Info

  • Assessments: 1546700.00
  • Acre: 0.46
  • Lot Size: 20000.00
  • Page: 270
  • Zoning: LSR
  • Lot Description: Wooded, Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 16611.56
  • Assessor Parcel Number: 2028058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Jan 3, 2020
Sold by
Gerschick-Papez Rt and Gerschick
Bought by
Harbor Avenue 51 Rt and Rosenthal
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Steven White
William Raveis R.E. & Home Services
List Price
$2,250,000
Sold Price
$2,075,000
Premium/Discount to List
-$175,000
-7.78%
Current Estimated Value
$3,270,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,195,733
Avg. Annual Appreciation
7.87%
Original Mortgage
$700,000
Outstanding Balance
$614,772
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,655,961

Purchase Details

Listed on
Mar 29, 2016
Closed on
Nov 9, 2016
Sold by
Robert Vessot 2000 T and Robert Vessot
Bought by
Gerschick-Papez Rt and Gerschick
Seller's Agent
Bill Willis Jr.
Compass
Buyer's Agent
Mary Stewart
Compass
List Price
$1,495,000
Sold Price
$1,175,000
Premium/Discount to List
-$320,000
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Vessot Norma W and Vessot Robert Fc
Bought by
Vessot Tr Robert Fc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harbor Avenue 51 Rt $2,075,000 None Available
Harbor Avenue 51 Rt $2,075,000 None Available
Harbor Avenue 51 Rt $2,075,000 None Available
Gerschick-Papez Rt $1,175,000 --
Vessot Tr Robert Fc -- --
Vessot Tr Robert Fc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbor Avenue 51 Rt $700,000
Closed Harbor Avenue 51 Rt $700,000
Previous Owner Vessot Tr Robert Fc $225,000
Previous Owner Vessot Tr Robert Fc $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2020 01/24/20 Sold $2,075,000 -7.8% $371 / Sq Ft
01/20/2020 01/20/20 Price Changed $2,250,000 0.0% $402 / Sq Ft
01/20/2020 01/20/20 For Sale $2,250,000 +4.7% $402 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $2,150,000 +83.0% $384 / Sq Ft
11/09/2016 11/09/16 Sold $1,175,000 -9.5% $247 / Sq Ft View Prior Sale
10/05/2016 10/05/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $1,299,000 -5.8% $274 / Sq Ft
07/14/2016 07/14/16 Price Changed $1,379,000 -7.8% $290 / Sq Ft
03/29/2016 03/29/16 For Sale $1,495,000 -- $315 / 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 $22,411 $2,476,300 $1,423,800 $1,052,500
2024 $24,524 $2,737,000 $1,809,000 $928,000
2023 $21,115 $2,111,500 $1,289,800 $821,700
2022 $21,194 $2,014,600 $1,206,000 $808,600
2021 $18,362 $1,762,200 $1,172,500 $589,700
2020 $17,958 $1,728,400 $1,256,300 $472,100
2019 $16,612 $1,546,700 $1,088,800 $457,900
2018 $13,010 $1,334,500 $971,500 $363,000
2017 $16,221 $1,473,300 $938,000 $535,300
2016 $15,610 $1,406,300 $871,000 $535,300
2015 $16,016 $1,445,500 $871,000 $574,500
2014 $15,659 $1,412,000 $837,500 $574,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72562331

MLS Property Information Network (MLS PIN)

APN: MARB-000909-000003-B000000