Seller's Agent in 2017
Kate Richard
J. Barrett & Company
(978) 252-0322
7 in this area
58 Total Sales
7 Redstone Ln Marblehead, MA 01945
Estimated Value: $3,118,000 - $4,694,000
5
Beds
3
Baths
3,436
Sq Ft
$1,209/Sq Ft
Est. Value
About This Home
As of September 2017A once in a lifetime opportunity to own this turn of the Century HARBOR FRONT property! This hidden jewel has180 degrees of unobstructed views that stretch from the lighthouse, to the neck, Devereux Beach and beyond! Marblehead is known as the Yachting capital of the world. A DEEP WATER CEMENT FLOAT allows you to dock your boat right outside your door providing access to Marblehead's world famous harbor year round. A 39' X 16' X 16' high Boat garage sits conveniently on the property complete with 100 amp service! Located near Old Town, this lovely property is walkable to The Boston and Dolphin Yacht Clubs, the thriving downtown with lovely shops, restaurants and Seaside Park. This charming 5 bedroom home is perfectly positioned to take full advantage of the spectacular views and sea breezes, and awaits your renovation. It's old world charm, includes, large scale rooms, five fireplaces, exposed beams, handsome custom built-ins and wonderful millwork.
Home Details
Home Type
Single Family
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Wooded, Paved Drive, Scenic View(s)
- Property Type: Single Family
- Single Family Type: Detached
- Style: Antique
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Built Description: Approximate
- Special Features: None
- Property Sub Type: Detached
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Fireplaces: 5
- Number of Rooms: 10
- Amenities: Public Transportation, Shopping, Tennis Court, Park, House of Worship, Marina, Private School, Public School
- Electric: Circuit Breakers, 100 Amps, 200 Amps, Knob & Tube Wiring
- Energy: Storm Windows, Storm Doors
- Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
- Interior Amenities: Cable Available
- Basement: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
- Bedroom 2: First Floor, 16X13
- Bedroom 3: First Floor, 14X11
- Bedroom 4: Second Floor, 17X17
- Bedroom 5: Second Floor, 16X14
- Bathroom #1: First Floor
- Bathroom #2: First Floor
- Bathroom #3: Basement
- Kitchen: First Floor
- Laundry Room: Basement
- Living Room: First Floor, 17X12
- Master Bedroom: First Floor, 15X13
- Master Bedroom Description: Flooring - Wood, Window(s) - Picture, Balcony / Deck
- Dining Room: First Floor, 18X13
- Family Room: First Floor, 40X16
- No Bedrooms: 5
- Full Bathrooms: 3
- Oth1 Room Name: Home Office
- Oth1 Dscrp: Flooring - Wall to Wall Carpet
- Oth2 Room Name: Mud Room
- Oth2 Dscrp: Flooring - Laminate
- Oth3 Room Name: Den
- Oth3 Dscrp: Fireplace, Flooring - Wood
- Main Lo: C95243
- Main So: M59500
- Estimated Sq Ft: 3436.00
Exterior Features
- Waterfront Property: Yes
- Construction: Frame, Post & Beam
- Exterior: Shingles, Stucco
- Exterior Features: Porch, Patio, Balcony, Gutters, Storage Shed, Screens
- Foundation: Fieldstone
- Waterfront: Harbor, Dock/Mooring, Frontage, Access, Deep Water Access, Direct Access, Marina, Navigable, Public
- Beach Ownership: Public
- Waterview Flag: Yes
Garage/Parking
- Garage Parking: Detached, Garage Door Opener
- Garage Spaces: 2
- Parking: Off-Street, Tandem
- Parking Spaces: 2
Utilities
- Heat Zones: 1
- Hot Water: Tank
- Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: SESD
Lot Info
- Assessor Parcel Number: M:0113 B:0016 L:0
- Zoning: GR
- Acre: 0.34
- Lot Size: 15000.00
Multi Family
- Foundation: irreg
- Waterview: Dock/Mooring, Harbor, Marina, Ocean, Public, Sound
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2017
Closed on
Oct 27, 2017
Sold by
Smith David H and Smith Emily G
Bought by
Clake Laurance R and Clark Anne D
Seller's Agent
Kate Richard
J. Barrett & Company
Buyer's Agent
Jack Attridge
William Raveis R.E. & Home Services
List Price
$2,999,000
Sold Price
$2,500,000
Premium/Discount to List
-$499,000
-16.64%
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
$1,652,984
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,800,000
Outstanding Balance
$1,462,707
Interest Rate
2.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,690,277
Purchase Details
Closed on
Dec 28, 2012
Sold by
Smith Deborah J
Bought by
Smith David H and Smith Emily G
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 |
|---|---|---|---|
| Clake Laurance R | $2,285,000 | -- | |
| Clake Laurance R | $2,285,000 | -- | |
| Smith David H | $1,096,000 | -- | |
| Smith David H | $1,096,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clake Laurance R | $1,800,000 | |
| Closed | Clake Laurance R | $1,800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2017 09/29/17 | Sold | $2,500,000 | -16.6% | $728 / Sq Ft |
| 08/29/2017 08/29/17 | Pending | -- | -- | -- |
| 08/26/2017 08/26/17 | For Sale | $2,999,000 | -- | $873 / Sq Ft |
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 | $44,568 | $4,924,600 | $2,940,500 | $1,984,100 |
| 2024 | $43,735 | $4,881,100 | $2,940,500 | $1,940,600 |
| 2023 | $38,382 | $3,838,200 | $2,261,900 | $1,576,300 |
| 2022 | $38,181 | $3,629,400 | $2,111,100 | $1,518,300 |
| 2021 | $34,839 | $3,343,500 | $1,839,700 | $1,503,800 |
| 2020 | $24,573 | $2,365,100 | $2,035,700 | $329,400 |
| 2019 | $25,306 | $2,356,200 | $1,990,500 | $365,700 |
| 2018 | $23,161 | $2,101,700 | $1,800,000 | $301,700 |
| 2017 | $22,314 | $2,026,700 | $1,725,000 | $301,700 |
| 2016 | $23,454 | $2,113,000 | $1,725,000 | $388,000 |
| 2015 | $24,243 | $2,188,000 | $1,800,000 | $388,000 |
| 2014 | $24,138 | $2,176,600 | $1,800,000 | $376,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Richard
-
Jack Attridge
Buyer's Agent in 2017
Jack Attridge
William Raveis R.E. & Home Services
(781) 883-3200
112 in this area
126 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72219527
APN: MARB-000113-000016
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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