When was property at 325 Ocean Avenue built and last sold?

The property at 325 Ocean Avenue was built in 1917 and last sold on Jun 25, 2021 for $5,215,000.

How much is this home worth?

The estimated value of the home located at 325 Ocean Avenue is $5,406,894.

What are some comparable homes to 325 Ocean Avenue?

There are currently no comparable homes to 325 Ocean Avenue.

Marblehead

01945

325 Ocean Avenue

$5,237,500

● House - Off Market

325 Ocean Avenue

Marblehead, MA 01945

5 Beds

4 Baths, 2 Half Baths

5,524 Ft²

$7,147,108

RealtyHop Estimate

34.85%

Since Aug 1, 2020

MA-Boston

Primary Model

About This Property

Complete transformation of this outstanding Marblehead Neck oceanfront residence.Top to bottom, inside & out...high quality workmanship & materials were utilized in perfecting this amazing result. 5524 square feet of living space on 3 levels includes 5 bedrooms, 4 full & 2 1/2 baths. Custom chef's kitchen w/walk-in pantry (Subzero, Wolf) combines w/ spacious open fireplaced family room w/ direct access to a fabulous oceanfront ipe deck w/ hard line for fire pit. Luxurious master bedroom suite incorporates 2 oversized walk-in closets & large radiant master bath. Convenient 2nd floor laundry room. 2 additional 2nd floor bedrooms are ensuite. Full walk out lower level offers a large fireplaced family room, sizable game room, wine cellar, additional laundry, full bath, 2 additional bedrooms ( 1 w/ private exterior entrance) & private office. State of the art utilities & systems throughout. Upgraded 3 car garage w/ Tesla charger. Tasteful professionally landscaped grounds. Beach Stairs.

Unit Size

5,524 Ft²

Days on Market

Land Size

0.98 acres

Price per sqft

$959

Property Type

House

Property Taxes

$3,400

HOA Dues

Year Built

1917

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #72660237)

Price History

Date / Event	Date	Event
Jun 30, 2021	Sold	Premium
Sold
Mar 6, 2021	Listed by William Raveis R.E. & Home Services	$5,400,000
Listed by William Raveis R.E. & Home Services
Jul 10, 2020	Sold	Premium
Sold
May 22, 2020	Listed by William Raveis R.E. & Home Services	$5,300,000
Listed by William Raveis R.E. & Home Services
Feb 1, 2016	Sold	Premium
Sold
Apr 7, 2015	Listed by William Raveis R.E. & Home Services	$3,950,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage

Parking Available

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1917

Effective Year Built: 1917
Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 6
Full Bathrooms: 5
Partial Bathrooms: 6
Building Condition: 1
Building Quality: 0
Construction Type: 6
Building Style: 16
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 6
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 2,012
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 42,841

Total Building Area: 5,524
Gross Building Area: 6,946
Building Area: 5,524
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 5,524
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000983
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: 203200

Zoning

Zoning: LSR

Geography

District: 168

Parcel: MARB M:0913 B:0005 L:0
Block: 5
Municipality: MARBLEHEAD
Latitude: 42.4949
Longitude: -70.8354

Address

Full Address: 325 Ocean Ave

Address - House Number: 325
Address - Street Name: Ocean
Address - Suffix Type: Ave
State: MA
City Name: Marblehead
Carrier Code: C012
4-Digit Zip Code: 3707
Zip Code: 01945

Valuation

Tax

Tax Year: 2024

Tax Amount: $4,775,300
Initial Tax Delinquent Year: 2021

Appraisal Valuation

Standard Deviation: 0.1603

Valuation Date: Dec 13, 2023
Confidence Score: 67
Final Value: 4,846,459
High Value: 5,623,445
Low Value: 4,069,472

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $5,329,600
Assessed Land Value: $4,546,000
Assessed Improvements Value: $783,600

Sales

Current Sale Contract Date: Jun 25, 2021

Current Sale Recording Date: Jun 30, 2021
Current Sale Price:

Premium
Current Sale Document Type: O
Current Sale Input Document Number: 626791
Previous Sale Recording Date: Jul 10, 2020
Previous Sale Contract Date: Jul 04, 2020
Previous Sale Amount: $5,237,500
Previous Sale Document Type: O

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72660237

325 Ocean Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Marblehead

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions