NOT LISTED FOR SALE

87 Harbor Ave Marblehead, MA 01945

Estimated Value: $2,683,999 - $3,584,000

5 Beds
5.5 Baths
5,162 Sq Ft
$634/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $1,700,000 $329 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $18,931/month

8 Days on Market

Highlights

  • Marina
  • Spa
  • Scenic Views
  • Marblehead High School Rated A-
  • Sauna
  • Waterfront

About This Home

As of September 2017

Enjoy spectacular Marblehead Harbor sunsets from this exquisite 5BR, 5.5 bath Marblehead Neck home! Huge wrap-around farmer’s porch overlooking a gorgeous front yard perfect for social gatherings. 19th century architectural details blend w/modern updates inside. Formal front entryway leads to beautiful living & dining rooms w/water views. Kitchen is open to a sunny great room w/high ceilings and floor-to-ceiling windows that looks out onto the new deck & back patio. 1st floor also includes an office/guest suite w/full bath. 2nd floor offers a bright master suite w/fireplaced sitting area and picture window facing the harbor, two charming additional BRs (one w/bay windows and window seats), and an updated full bath. Two more BRs with harbor views on the 3rd floor, one w/its own bath. Finished lower level w/full bath and wet bar is perfect for a game room or play space. This spacious home is just steps to the Eastern Yacht Club and a short walk to the light house beaches. A must have!

Last Agent to Sell the Property

Mindy McMahon

Coldwell Banker Realty - Marblehead Listed on: 06/27/2017

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Lubeck Rausch Team

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,066

Year Built

  • Built in 1875

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Fenced
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned LSR

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,162 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Bay Window
  • Picture Window
  • French Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Sauna
  • Scenic Vista Views
  • Attic Access Panel

Kitchen

  • Stove
  • Range with Range Hood
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 7 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2028261

Community Details

Overview

  • Near Conservation Area

Recreation

  • Marina
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,066

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1875
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Flooring - Hardwood
  • Interior Amenities: Bathroom - Full, Bathroom - With Tub & Shower, Bathroom - 1/4, Bathroom - With Shower Stall, Closet, Wet bar, Recessed Lighting, Ceiling Fan(s), Bathroom, 1/4 Bath, Den, Home Office-Separate Entry, Sauna/Steam/Hot Tub, Wet Bar, Finish - Cement Plaster
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range,Dishwasher,Disposal,Trash Compactor,Microwave,Refrigerator,Freezer,Washer,Dryer,Wine Refrigerator,Range Hood, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Third
  • Room Bedroom4 Features: Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Bedroom5 Level: Third
  • Room Bedroom5 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Hot Tub / Spa, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Jacuzzi / Whirlpool Soaking Tub, Dressing Room, Recessed Lighting
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Wood, Window(s) - Bay/Bow/Box, Attic Access
  • Bathroom 3 Level: Third
  • Room Dining Room Features: Closet, Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Main
  • Room Family Room Features: Bathroom - Half, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting
  • Room Kitchen Level: Main
  • Room Kitchen Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Countertops - Upgraded, French Doors, Kitchen Island, Cable Hookup, Dryer Hookup - Electric, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Washer Hookup, Gas Stove
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Room Office Level: First
  • Room Office Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Full, Finished, Interior Entry
  • Living Area: 5162
  • Spa YN: Yes
  • Window Features: Window(s) - Bay/Bow/Box
  • MAIN LO: an6181
  • MAIN SO: AN1195

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 7

Condo/Co-op/Association

  • Community Features: Park, Bike Path, Conservation Area, Marina, Private School, Public School

Lot Info

  • Parcel Number: 2028261
  • Zoning: LSR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15681.599999
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 15986

Green Features

  • Green Energy Efficient: Partial

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 16066

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Sep 11, 2017
Sold by
Conn Alasdair
Bought by
Burton Andrew and Burton Tinabeth
Seller's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
Buyer's Agent
Lubeck Rausch Team
William Raveis R.E. & Home Services
List Price
$1,730,000
Sold Price
$1,700,000
Premium/Discount to List
-$30,000
-1.73%
Current Estimated Value
$3,272,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,000
Avg. Annual Appreciation
8.19%
Original Mortgage
$1,360,000
Outstanding Balance
$1,136,306
Interest Rate
3.92%
Mortgage Type
Unknown
Estimated Equity
$2,135,694

Purchase Details

Closed on
Aug 14, 2014
Sold by
Suzanne Wedel Ret and Wedel Suzanne
Bought by
Wedel Suzanne and Conn Alasdair

Purchase Details

Closed on
Nov 27, 2012
Sold by
Wedel Suzanne K
Bought by
Conn Alasdair K and Wedel Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,360
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2012
Sold by
Wedel Suzanne K
Bought by
Suzanne Wedel Ret and Wedel Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,360
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 1992
Sold by
Balch Dixie Jo
Bought by
Conn Alasdair K T and Wedel Suzanne 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
Burton Andrew $1,700,000 --
Wedel Suzanne -- --
Conn Alasdair K -- --
Suzanne Wedel Ret -- --
Conn Alasdair K T $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Andrew $1,360,000
Previous Owner Conn Alasdair K T $999,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2017 09/11/17 Sold $1,700,000 -1.7% $329 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $1,730,000 -- $335 / 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 $21,865 $2,416,000 $1,304,800 $1,111,200
2024 $24,635 $2,749,400 $1,657,800 $1,091,600
2023 $20,889 $2,088,900 $1,182,000 $906,900
2022 $20,893 $1,986,000 $1,105,200 $880,800
2021 $20,306 $1,948,800 $1,074,500 $874,300
2020 $20,158 $1,940,100 $1,151,300 $788,800
2019 $19,188 $1,786,600 $997,800 $788,800
2018 $16,420 $1,490,000 $890,300 $599,700
2017 $16,067 $1,459,300 $859,600 $599,700
2016 $15,500 $1,396,400 $798,200 $598,200
2015 $15,472 $1,396,400 $798,200 $598,200
2014 $14,966 $1,349,500 $767,500 $582,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72190113

MLS Property Information Network (MLS PIN)

APN: MARB-000919-000011