Seller's Agent in 2022
Bryan Ruocco
LPT Realty, LLC
(781) 576-9284
25 Total Sales
7 Lorraine Terrace Marblehead, MA 01945
Marblehead AreaEstimated Value: $1,378,000 - $1,490,257
4
Beds
3
Baths
2,420
Sq Ft
$589/Sq Ft
Est. Value
Highlights
- Waterfront
- Contemporary Architecture
- Engineered Wood Flooring
- Marblehead High School Rated A-
- Property is near public transit and schools
- 1 Fireplace
About This Home
As of May 2022This incredibly spacious mid-century modern home has undergone some amazing renovations in the past few months. The expansive family room, complete with a stone fireplace, and the fully remodeled kitchen are ideally suited for entertaining large groups of family and friends. Both spill out onto the expansive backyard through a brand new sliding glass door. In fact, almost the entire first floor has been renovated — new ensuite bathroom, newly created laundry room and brand new wide-plank hardwood floors throughout. Virtually all of the windows and doors have also been replaced. The lower level has unusually tall ceilings and offers an incredible amount of space to create a recreation room, a cinema room or even an in-law suite. It has been fully demoed but is plumbed for an additional bathroom and/or a kitchenette. The potential is endless. The double lot (16 & 16A) also includes an in-ground pool that needs to be fully renovated and is being sold as is. 4 bedroom, 3 bath home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,839
Year Built
- Built in 1964
Lot Details
- 13,939 Sq Ft Lot
- Waterfront
- Fenced
- Gentle Sloping Lot
- Property is zoned SR
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Raised Ranch Architecture
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,420 Sq Ft Home
- 1 Fireplace
- Engineered Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Garage Access
Location
- Property is near public transit and schools
Schools
- Bell Elementary School
- Veterans Middle School
- Marblehead High School
Utilities
- Central Air
- 1 Cooling Zone
- 2 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- 220 Volts
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:0105 B:0016 L:0,2023278
Community Details
Recreation
- Community Pool
- Park
- Jogging Path
- Bike Trail
Additional Features
- Near Conservation Area
- Shops
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
May 4, 2022
Sold by
Bought by
Seller's Agent
Bryan Ruocco
LPT Realty, LLC
Buyer's Agent
Lynne Breed
List Price
$1,195,000
Sold Price
$1,185,000
Premium/Discount to List
-$10,000
-0.84%
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
$240,064
Avg. Annual Appreciation
4.45%
Purchase Details
Listed on
Jan 14, 2021
Closed on
Apr 2, 2021
Sold by
Bought by
Seller's Agent
Lynne Breed
Buyer's Agent
Bryan Ruocco
LPT Realty, LLC
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.41%
Original Mortgage
$742,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,185,000 | None Available | ||
| $825,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $742,500 | ||
| Previous Owner | $63,000 | ||
| Previous Owner | $134,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $1,185,000 | -0.8% | $490 / Sq Ft | |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- | |
| 03/01/2022 03/01/22 | For Sale | $1,195,000 | +44.8% | $494 / Sq Ft | |
| 04/02/2021 04/02/21 | Sold | $825,000 | -8.2% | $213 / Sq Ft | View Prior Sale |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- | |
| 01/14/2021 01/14/21 | For Sale | $899,000 | -- | $232 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,350 | $1,143,600 | $691,500 | $452,100 |
| 2024 | $9,449 | $1,054,600 | $735,700 | $318,900 |
| 2023 | $9,831 | $983,100 | $647,400 | $335,700 |
| 2022 | $9,384 | $892,000 | $559,100 | $332,900 |
| 2021 | $7,839 | $752,300 | $463,800 | $288,500 |
| 2020 | $7,697 | $740,800 | $463,800 | $277,000 |
| 2019 | $7,672 | $714,300 | $437,300 | $277,000 |
| 2018 | $7,433 | $674,500 | $397,500 | $277,000 |
| 2017 | $7,188 | $652,900 | $384,300 | $268,600 |
| 2016 | $7,100 | $639,600 | $371,000 | $268,600 |
| 2015 | $6,586 | $594,400 | $331,300 | $263,100 |
| 2014 | $6,207 | $559,700 | $318,000 | $241,700 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Ruocco
-
Lynne Breed
Buyer's Agent in 2022
Lynne Breed
(781) 608-8066
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72946957
APN: MARB-000105-000016
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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