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Marblehead 01945
17 Arthur Ave
$1,705,000
● House - Off Market

17 Arthur Ave

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,248 Ft²
$1,417,447
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Located in the desirable Chapel Pines neighborhood, this classic 4 plus bedroom colonial offers tremendous privacy with the extra-large private lot, abutting 73 acres of Marblehead's largest tract of conservation land. The house has a wonderful floor plan with a large primary bedroom suite and great room in addition to an open kitchen, dining and family room space which opens to the expansive deck for amazing summer living space. The yard is an oasis in our town with privacy, wildlife, playspace and outdoor living. Offering hardwood floors, 3 fireplaces and updated windows. A short distance to Gatchell's Playground, the new Glover School and Wyman Woods Conservation Area, you can pack for school, play in the park and fields or head out for a day of hiking, right in your neighborhood!
Unit Size
3,248 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$430
Property Type
House
Property Taxes
$831
HOA Dues
-
Year Built
1939

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72968311)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by William Raveis R.E. & Home Services $1,395,000
Listed by William Raveis R.E. & Home Services
May 23, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,490
  • Total Building Area: 3,028
  • Gross Building Area: 4,126
  • Building Area: 3,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAPEL PINES
  • Land Acres: 0000000562
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0057 B:0004 L:0
  • Block: 4
  • Municipality: MARBLEHEAD
  • Latitude: 42.4958
  • Longitude: -70.8821

    Address

  • Full Address: 17 Arthur Ave
  • Address - House Number: 17
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1107
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,375,800

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,486,852
  • High Value: 1,747,461
  • Low Value: 1,226,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,535,500
  • Assessed Land Value: $769,500
  • Assessed Improvements Value: $766,000

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220609002780
  • Previous Sale Recording Date: May 23, 1991
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marblehead

Stats & Trends

Median Asking:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72968311

Frequently Asked Questions

When was property at 17 Arthur Avenue built and last sold?
The property at 17 Arthur Avenue was built in 1939 and last sold on Jun 9, 2022 for $1,705,000.
How much is this home worth?
The estimated value of the home located at 17 Arthur Avenue is $1,457,020.
What are some comparable homes to 17 Arthur Avenue?
There are currently no comparable homes to 17 Arthur Avenue.
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