NOT LISTED FOR SALE

8 Edgemere Rd Marblehead, MA 01945

Estimated Value: $1,662,000 - $1,862,000

4 Beds
2.5 Baths
4,398 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,600,000 $364 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,418/month

12 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Custom Closet System
  • Marblehead High School Rated A
  • 0.39 Acre Lot
  • Deck

About This Home

As of April 2024

Indulge in coastal living within this expansive 4-bedroom, 2.5-bathroom contemporary residence, mere steps away from the private beach and mooring access. Spanning 4398 sq. ft., the home features an inviting firelit Living Room with a soaring cathedral ceiling and a wall of glass doors leading to the deck. Elegant French doors open to a formal Dining room, connecting seamlessly to the adjacent eat-in Kitchen. The Family Room offers a second fireplace, a balcony with glimpses of the harbor, a wet bar, and built-in cabinets. The convenient first-floor Primary Suite, laundry room and powder room completes the main level. Upstairs, explore three additional Bedrooms and another Full Bath. The expansive basement, ideal for a workshop or potential extra living space, grants access to the oversized two-car garage for added convenience. Seize the opportunity to make this coastal masterpiece your home.

Last Agent to Sell the Property

Cressy Team

Coldwell Banker Realty - Marblehead Listed on: 02/27/2024

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Jack Brown

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,298

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • Fenced Yard
  • Property is zoned SR

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Property Views

  • Ocean
  • Harbor

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,398 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Bar

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 3 Cooling Zones
  • Central Heating
  • 6 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2027517

Community Details

Overview

  • Near Conservation Area

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,298

Year Built

Built in 1986

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1986
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Wet Bar
  • Door Features: French Doors
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Exterior Access
  • Room Master Bedroom Level: Main,First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Main,First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, French Doors
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Balcony / Deck, Wet Bar
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Dining Area, Breakfast Bar / Nook, Deck - Exterior
  • Laundry Features: Main Level, Sink, First Floor
  • Room Living Room Level: Main,First
  • Room Living Room Features: Cathedral Ceiling(s), Flooring - Hardwood, French Doors, Deck - Exterior
  • Basement: Full, Interior Entry, Garage Access, Concrete, Unfinished
  • Living Area: 4398
  • Spa YN: No
  • MAIN LO: C95243
  • MAIN SO: AN8171

Exterior Features

  • Exterior Features: Deck - Wood, Deck - Composite, Balcony, Rain Gutters, Storage, Fenced Yard
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Deck - Composite
  • Road Frontage Type: Private Road, Dead End
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Beach Access, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Association)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Storage, Paved Drive, Off Street, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Central, Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 6
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Community Features: Park, Walk/Jog Trails, Bike Path, Conservation Area, Private School, Public School
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Parcel Number: 2027517
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16814
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15298

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Harbor, Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 29, 2024
Sold by
Dempsey Rt and Dempsey
Bought by
Orenstein Heather and Orenstein Julian B
Seller's Agent
Cressy Team
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jack Brown
RE/MAX Beacon
List Price
$1,625,000
Sold Price
$1,600,000
Premium/Discount to List
-$25,000
-1.54%
Views
132
Current Estimated Value
$1,760,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,246
Avg. Annual Appreciation
6.15%
Original Mortgage
$766,550
Outstanding Balance
$754,061
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,006,185

Purchase Details

Closed on
Jun 19, 2012
Sold by
Dempsey Suzanne
Bought by
Dempsey Rt

Purchase Details

Closed on
Apr 6, 2012
Sold by
Dempsey Rt and Dempsey
Bought by
Dempsey Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1980
Bought by
Dempsey Suzanne I and Dempsey Peter K
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
Orenstein Heather $1,600,000 None Available
Dempsey Rt -- --
Dempsey Rt -- --
Dempsey Suzanne -- --
Dempsey Suzanne -- --
Dempsey Suzanne I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orenstein Heather $766,550
Previous Owner Dempsey Suzanne I $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2024 04/29/24 Sold $1,600,000 -1.5% $364 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,625,000 -- $369 / 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 $13,548 $1,497,000 $797,100 $699,900
2024 $15,298 $1,707,400 $1,103,300 $604,100
2023 $11,590 $1,159,000 $633,000 $526,000
2022 $12,005 $1,141,200 $625,200 $516,000
2021 $10,819 $1,038,300 $562,700 $475,600
2020 $10,627 $1,022,800 $562,700 $460,100
2019 $10,649 $991,500 $531,400 $460,100
2018 $10,583 $960,300 $500,200 $460,100
2017 $10,171 $923,800 $453,300 $470,500
2016 $10,080 $908,100 $437,600 $470,500
2015 $9,759 $880,800 $406,400 $474,400
2014 $9,421 $849,500 $375,100 $474,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73205831

MLS Property Information Network (MLS PIN)

APN: MARB-000176-000032