NOT LISTED FOR SALE

79 Overlook Rd Unit 81 Marblehead, MA 01945

Estimated Value: $837,000 - $1,408,000

3 Beds
2 Baths
2,487 Sq Ft
$431/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $624,000 $251 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,335/month

32 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Marblehead High School Rated A
  • Wood Burning Stove
  • Fenced Yard

About This Home

As of December 2019

Waterview home in the coveted Ocean Park neighborhood situated on a large 12,000+ square foot lot with views of the harbor from multiple windows and decks. This home is currently being used as a single family but is zoned as a 2-family consisting of a 2+ bedroom unit on the 1st floor and a 1-bedroom on the 2nd floor. Both units have decks, ocean views, separate entrances, driveways, electric meters and heating systems. Also included is a 1-car garage, expansive yard, 2 driveways and parking for 4+ cars. Membership in the Ocean Park Civic League includes dock and beach access along with kayak storage, dinghy rings and areas for enjoying the waterfront, capturing the sunset or gathering with neighbors. Opportunity awaits to create your dream home, have multi-generational living, collect rental income or move-in and start enjoying your new home. Infinite possibilities await in this phenomenal location 3 houses up from the waterfront!

Last Agent to Sell the Property

Lubeck Rausch Team

William Raveis R.E. & Home Services Listed on: 10/07/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Graeme Jones

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,787

Year Built

  • Built in 1955

Lot Details

  • Fenced Yard
  • Stone Wall
  • Property is zoned SR

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • Wood Burning Stove
  • Window Screens
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0140 B:0028 L:0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,787

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cottage, Multi-Level
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 261.32
  • Comp Based On: Net Sale Price
  • Year Built: 1955
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Third Floor, Bathroom - Full, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Second Floor
  • Bathroom 2: On Level: Third Floor
  • No Rooms: 8
  • Dining Room: On Level: Second Floor, Flooring - Hardwood, Deck - Exterior, Open Floor Plan
  • Kitchen: On Level: Second Floor, Ceiling - Beamed, Flooring - Hardwood, Exterior Access, Gas Stove
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor, Fireplace, Wood / Coal / Pellet Stove, Ceiling - Beamed, Closet, Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floor Plan
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Garage Access
  • Other Room 1: Name: Den, On Level: Third Floor, Fireplace, Ceiling - Beamed, Closet, Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floor Plan
  • Main Lo: M59500
  • Main So: K95001
  • Estimated Sq Ft: 2487.00

Exterior Features

  • Beach Ownership: Association
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Harbor, Ocean, Private, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Shingles
  • Exterior Features: Deck - Roof, Deck - Wood, Deck - Composite, Gutters, Screens, Fenced Yard, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Parking: Attached, Storage, Work Area
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Sewage District: Town
  • Heating: Forced Air, Gas, Wood Stove
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

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

Schools

  • Middle School: MVMS
  • High School: MHS

Lot Info

  • Assessments: 595900.00
  • Acre: 0.28
  • Lot Size: 12046.00
  • Page: 33
  • Parcel Number: M:0140 B:0028 L:0
  • Zoning: SR
  • Lot Description: Wooded, Paved Drive, Gentle Slope

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 6400.00
  • Assessor Parcel Number: 2025688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 23, 2019
Sold by
Vaillancourt Ft
Bought by
Baker Paul and Vinette Julie
Seller's Agent
Lubeck Rausch Team
William Raveis R.E. & Home Services
Buyer's Agent
Graeme Jones
Coldwell Banker Realty - Marblehead
List Price
$649,900
Sold Price
$624,000
Premium/Discount to List
-$25,900
-3.99%
Current Estimated Value
$1,072,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,634
Avg. Annual Appreciation
9.74%
Original Mortgage
$444,000
Outstanding Balance
$396,463
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$669,290

Purchase Details

Closed on
Jun 27, 2017
Sold by
Vaillancourt Michael Q
Bought by
Vaillancourt Ft

Purchase Details

Closed on
Mar 10, 1992
Sold by
Walcoff Hale S
Bought by
79-81 Overlook Rd Rt

Purchase Details

Closed on
Aug 24, 1988
Sold by
Roeshman Benjamin
Bought by
Walcoff Hale S
Source: Public Records

Range of Values:

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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
Baker Paul $624,000 None Available
Vaillancourt Ft -- --
Vaillancourt Ft -- --
79-81 Overlook Rd Rt $245,000 --
79-81 Overlook Rd Rt $245,000 --
Walcoff Hale S $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Paul $444,000
Closed Baker Paul $444,000
Previous Owner Walcoff Hale S $100,000
Previous Owner Walcoff Hale S $223,000
Previous Owner Walcoff Hale S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $624,000 -4.0% $251 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $649,900 0.0% $261 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $649,900 -- $261 / 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 $7,787 $860,400 $558,600 $301,800
2024 $6,983 $779,300 $600,500 $178,800
2023 $6,900 $690,000 $523,700 $166,300
2022 $6,487 $616,600 $460,900 $155,700
2021 $6,470 $620,900 $446,900 $174,000
2020 $6,481 $623,800 $432,900 $190,900
2019 $6,400 $595,900 $405,000 $190,900
2018 $6,414 $582,000 $391,100 $190,900
2017 $5,947 $540,100 $349,200 $190,900
2016 $5,684 $512,100 $321,200 $190,900
2015 $5,594 $504,900 $307,300 $197,600
2014 $5,097 $459,600 $265,400 $194,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72576214

MLS Property Information Network (MLS PIN)

APN: MARB-000140-000028