NOT LISTED FOR SALE

7 Ocean Ave Marblehead, MA 01945

Estimated Value: $1,064,000 - $1,129,000

5 Beds
3 Baths
2,622 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $612,500 $234 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,564/month

72 Days on Market

About This Home

As of June 2016

Located in the heart of Marblehead, this garrison colonial offers hardwood floors throughout, a 2 car garage with ample additional storage and fenced in backyard. The spacious entryway presents a welcoming dining room as well as a large bright living room with a fireplace. The well laid out kitchen leads you to a beautiful three season room complete with a wood burning stove, then a private patio and large yard that begs for summer entertaining. The second floor boasts 5 bedrooms, two full baths, one newly renovated. Storage is abundant in this home, with a full basement and walk up attic, both ready to be finished. Moments to Devereaux Beach, Goldthwait Reservation, parks and Old Town. This is the perfect home to enjoy all that Marblehead has to offer.

Last Agent to Sell the Property

Amy Weed

Coldwell Banker Realty - Marblehead License #449588341 Listed on: 04/05/2016

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Merry Fox Team

MerryFox Realty

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed
  • Property Type: Single Family
  • Other Agent: .25
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Private School, Public School
  • Electric: 220 Volts
  • Energy: Insulated Windows, Insulated Doors, Storm Doors, Prog. Thermostat
  • Flooring: Wood, Vinyl
  • Insulation: Full, Blown In
  • Interior Amenities: Cable Available, Walk-up Attic
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: Second Floor, 12X11
  • Bedroom 3: Second Floor, 12X10
  • Bedroom 4: Second Floor, 12X7
  • Bedroom 5: Second Floor, 11X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 12X9
  • Laundry Room: Basement
  • Living Room: First Floor, 19X12
  • Master Bedroom: Second Floor, 12X12
  • Master Bedroom Description: Closet/Cabinets - Custom Built
  • Dining Room: First Floor, 12X12
  • Oth1 Room Name: Den
  • Oth1 Dimen: 12X9

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood, Fiber Cement Siding
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard
  • Foundation: Fieldstone
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Storage
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air, ENERGY STAR
  • Heating: Hot Water Radiators, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: 88 27 0
  • Zoning: SR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jun 28, 2016
Sold by
Ahearn John D and Ahearn Deborah A
Bought by
Higgins James J
Seller's Agent
Amy Weed
Coldwell Banker Realty - Marblehead
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$624,900
Sold Price
$612,500
Premium/Discount to List
-$12,400
-1.98%
Current Estimated Value
$1,110,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,678
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Dec 14, 2001
Sold by
Antoszyk Teresa M
Bought by
Ahearn John D

Purchase Details

Closed on
Nov 18, 1998
Sold by
Meade John J and Meade Kelley
Bought by
Antoszyk Teresa M

Purchase Details

Closed on
Oct 28, 1994
Sold by
Quigley Andrew and Quigley Claudia
Bought by
Meade John J

Purchase Details

Closed on
Feb 1, 1989
Sold by
Ouellette Andrew J
Bought by
Quigley Andrew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Higgins James J $612,500 --
Ahearn John D $460,000 --
Ahearn John D $460,000 --
Antoszyk Teresa M $336,000 --
Antoszyk Teresa M $336,000 --
Meade John J $269,000 --
Meade John J $269,000 --
Quigley Andrew $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quigley Andrew $100,000
Previous Owner Quigley Andrew $488,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $612,500 -2.0% $234 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $624,900 -- $238 / 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 $9,100 $1,005,500 $572,600 $432,900
2024 $8,997 $1,004,100 $585,400 $418,700
2023 $8,522 $852,200 $515,400 $336,800
2022 $8,289 $787,900 $458,100 $329,800
2021 $7,895 $757,700 $432,700 $325,000
2020 $7,692 $740,300 $432,700 $307,600
2019 $7,000 $651,800 $394,500 $257,300
2018 $6,902 $626,300 $369,000 $257,300
2017 $6,756 $613,600 $356,300 $257,300
2016 $6,529 $588,200 $330,900 $257,300
2015 $5,963 $538,200 $280,000 $258,200
2014 $5,517 $497,500 $254,500 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71982885

MLS Property Information Network (MLS PIN)

APN: MARB-000088-000027