M
Seller's Agent in 2017
Mitchell Wondolowski
Conway - Swampscott
2 Total Sales
8 Fountain Inn Ln Marblehead, MA 01945
Estimated Value: $1,885,000 - $3,397,000
3
Beds
3.5
Baths
3,426
Sq Ft
$805/Sq Ft
Est. Value
Highlights
- Marina
- Private Water Access
- Waterfront
- Marblehead High School Rated A
- Scenic Views
- 1-minute walk to Fountain Park
About This Home
As of September 2017Truly one of the most picturesque waterfront settings on the North Shore. The location, perched 35’ above the sea level (the old site of Marblehead’s Fountain Inn) commands a stunning panorama of nearly 180 degrees looking over Little Harbor’s Gerry island, Baker's Island, Children's Island, Fort Sewall and the entrance to Marblehead’s main harbor. Picture yourself living here – smell the salt air as you wake each morning. It is easy to escape into the natural beauty of the coast. Each day is unique with the changing tides and weather. The local wild life changes with the seasons. The telltale sign for a school of Striped Bass or Bluefish is the flock of gulls in a feeding frenzy over the turbulent water above the school of fish. In the winter the eiders and swans join the mallard ducks and herring gulls. Walk into town for lunch or to meet friends for coffee. This is life at 8 Fountain Inn Lane!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,000
Year Built
- Built in 1973
Lot Details
- 0.32 Acre Lot
- Waterfront
- Property fronts a private road
- Near Conservation Area
- Stone Wall
- Landscaped Professionally
- Sprinkler System
- Garden
Home Design
- Dutch Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,426 Sq Ft Home
- Central Vacuum
- 1 Fireplace
- Scenic Vista Views
Kitchen
- Built-In Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Interior Basement Entry
- Block Basement Construction
- Crawl Space
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Private Water Access
- Porch
Utilities
- Cooling Available
- 7 Heating Zones
- Air Source Heat Pump
- Electric Baseboard Heater
- 220 Volts
- 200+ Amp Service
- Electric Water Heater
Additional Features
- Whole House Vacuum System
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:0187 B:0016 L:0,2027788
- Tax Block 16
Community Details
Recreation
- Marina
- Park
- Jogging Path
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2017
Closed on
Sep 29, 2017
Sold by
Arnold John E and Arnold Brenda M
Bought by
Ranen Jeffrey S and Lee Alisha M
Seller's Agent
Mitchell Wondolowski
Conway - Swampscott
Buyer's Agent
Michael Cannuscio
Sagan Harborside Sotheby's International Realty
List Price
$2,650,000
Sold Price
$2,290,000
Premium/Discount to List
-$360,000
-13.58%
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
$468,929
Avg. Annual Appreciation
2.35%
Original Mortgage
$1,717,500
Outstanding Balance
$1,437,281
Interest Rate
3.89%
Mortgage Type
Unknown
Estimated Equity
$1,321,648
Purchase Details
Closed on
Sep 5, 1997
Sold by
Bauer Freeric M and Bauer Jane
Bought by
Arnold John E and Arnold Brenda M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ranen Jeffrey S | $2,290,000 | -- | |
| Arnold John E | $965,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ranen Jeffrey S | $1,717,500 | |
| Previous Owner | Arnold John E | $150,000 | |
| Previous Owner | Arnold John E | $125,000 | |
| Previous Owner | Arnold John E | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2017 09/29/17 | Sold | $2,290,000 | -10.2% | $668 / Sq Ft |
| 08/02/2017 08/02/17 | Pending | -- | -- | -- |
| 07/26/2017 07/26/17 | Price Changed | $2,550,000 | -3.8% | $744 / Sq Ft |
| 06/06/2017 06/06/17 | For Sale | $2,650,000 | -- | $773 / 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 | $31,014 | $3,427,000 | $2,843,100 | $583,900 |
| 2024 | $30,530 | $3,407,400 | $2,843,100 | $564,300 |
| 2023 | $26,373 | $2,637,300 | $2,187,000 | $450,300 |
| 2022 | $26,107 | $2,481,700 | $2,041,200 | $440,500 |
| 2021 | $23,056 | $2,212,700 | $1,778,800 | $433,900 |
| 2020 | $24,832 | $2,390,000 | $1,968,300 | $421,700 |
| 2019 | $25,019 | $2,329,500 | $1,924,600 | $404,900 |
| 2018 | $23,833 | $2,162,700 | $1,749,600 | $413,100 |
| 2017 | $23,009 | $2,089,800 | $1,676,700 | $413,100 |
| 2016 | $22,222 | $2,002,000 | $1,676,700 | $325,300 |
| 2015 | $23,028 | $2,078,300 | $1,749,600 | $328,700 |
| 2014 | $22,945 | $2,069,000 | $1,749,600 | $319,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Wondolowski
-
Michael Cannuscio
Buyer's Agent in 2017
Michael Cannuscio
Sagan Harborside Sotheby's International Realty
(781) 838-0068
9 in this area
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72177023
APN: MARB-000187-000016
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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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