See Home Value
Marblehead 01945
279 Ocean Avenue
$1,500,000
House - Off Market

279 Ocean Avenue

Marblehead, MA 01945
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
$6,162,200
RealtyHop Estimate
216.01%
Since Mar 1, 2000
MA-Boston
Primary Model

About This Property

PRIVATE BEACH, SPECTACULAR  VIEWS, LARGE ROOMS, GREAT LOCATION ON PRESTIGIOUS MARBLEHEAD NECK WITH TINKER'S ISLAND IN VIEW
Unit Size
-
Days on Market
125 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,285
HOA Dues
-
Year Built
1920
Last updated: 2 years ago (MLSPIN #30362548)

Price History

Date / Event Date Event Price
Mar 30, 2016 Sold to Adam R Satin, Sinthisone K ... $3,100,000
Sold to Adam R Satin, Sinthisone K ...
Mar 24, 2015 Listed by Sagan Harborside Sotheby's International Realty $3,399,000
Listed by Sagan Harborside Sotheby's International Realty
Perched high above its own private beach, this waterfront property commands a prime location on coveted Marblehead Neck. The 5 bedroom, 5.5 bath home fully inhabits its majestic maritime setting, with sweeping views of the Atlantic Ocean anchored by a focal point of Tinker's Island, elegant and simple interior spaces that welcome the sea and sky and an open floor plan that invites casual living and elegant entertaining. Step through the front door and sparkling blue sea meets your gaze…
Feb 17, 2000 Sold $1,500,000
Sold
Oct 15, 1999 Listed $1,950,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,126
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,874
  • Total Building Area: 6,022
  • Gross Building Area: 8,981
  • Building Area: 6,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 6,022
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.341
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SATIN ADAM R
  • Current Owner 2: SATIN SINTHISONE K
  • Previous Owner : NOBLE CAROL A
  • Previous Owner 2: DAVIS NOBLE A
  • Owner Before Previous Owner: SLEDGE CLEMENT B
  • Owner Before Previous Owner 2: SLEDGE GEORGIA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203200

Zoning

  • Zoning: LSR

Geography

  • District: 168
  • Parcel: MARB M:0904 B:0003 L:0
  • Block: 3
  • Municipality: MARBLEHEAD
  • Latitude: 42.4908
  • Longitude: -70.8382

    Address

  • Full Address: 279 Ocean Ave
  • Address - House Number: 279
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C012
  • 4-Digit Zip Code: 3728
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $36,707

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 4,505,350
  • High Value: 5,235,873
  • Low Value: 3,774,826

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,800,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK
  • First Open Lien Mortgage Recording Date: Oct 18, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053
  • Second Open Lien Mortgage Lender: ROCKLAND TRUST CO
  • Second Open Lien Mortgage Recording Date: Sep 09, 2020
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 09, 2050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,096,800
  • Assessed Land Value: $3,066,000
  • Assessed Improvements Value: $1,030,800

    Sales

  • Current Sale Recording Date: Mar 30, 2016
  • Current Sale Transaction ID: 1500321078
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 410
  • Previous Sale Recording Date: Feb 17, 2000
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBA BANK USA
  • First Mortgage Transaction Date: Mar 30, 2016
  • First Mortgage Loan Amount: $2,325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Mar 30, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: NATL GRAND BK MARBLHD
  • Previous Mortgage Transaction Date: Feb 17, 2000
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

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

About Marblehead


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 204 Atlantic Ave, Marblehead, MA, 01945

$8,000 /mo

  • 4 Beds
  • 4 Baths
  • 3,455 ft²
204 Atlantic Ave, Marblehead, MA, 01945 Listing by Wendy Webber
Unit for rent at 304 Ocean Ave, Marblehead, MA, 01945

$7,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,618 ft²
304 Ocean Ave, Marblehead, MA, 01945 Listing by Cressy Team
Unit for rent at 26 Bessom Street, Marblehead, MA, 01945

$4,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,350 ft²
26 Bessom Street #3, Marblehead, MA, 01945 Listing by Brian Skidmore


Frequently Asked Questions

When was property at 279 Ocean Avenue built and last sold?
The property at 279 Ocean Avenue was built in 1920 and last sold on Jan 1, 1970 for $3,100,000.
How much is this home worth?
The estimated value of the home located at 279 Ocean Avenue is $3,432,990.
What are some comparable homes to 279 Ocean Avenue?
There are currently no comparable homes to 279 Ocean Avenue.

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