Open House today on Goldthwait Beach
Sunny but not too hot today: perfect for walking Goldthwait Beach and visiting 46 Gallison Avenue which sits directly on the beach. Open House today is 12:00-2:00.
This house works perfectly as a summer/weekend “beach house”, but don’t be mislead by the term “beach house” – it is a fully insulated, year round house.
The house sits on a lot of almost 14,000 sf, and there is room to expand the house upwards and outwards. (more…)
Marblehead has retained its AAA rating
As reported in this Marblehead Reporter article Marblehead garners AAA bond rating from S&P , Marblehead has retained its AAA rating for the 8th year in a row. Marblehead is just one of 46 out of 351 communities across Massachusetts that obtained AAA status.
Apart from the kudos of having a well-managed and well-run town, the AAA rating allows Marblehead to borrow at lower interest rates. Recently, the town sold $7.7 million in 20-year bonds at a true interest cost of 2.179 percent and $10.3 million in one-year bond anticipation notes at a true interest of 0.6603 percent.
Those activities raised long-term debt “primarily” for the landfill project, the Glover School Building project as well as short-term debt for the Gerry School Feasibility Study and the forthcoming new fire truck among other capital projects, according to Town Administrator John McGinn.
This sound financial management is a big reason why Marblehead residents enjoy the third lowest tax rate of the 34 cities and towns in Essex County.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead Unknown Oceanfront Open Houses
This Sunday there are two Marblehead Oceanfront Open Houses, both from 12:30 to 2:00.
Between the entrance to Marblehead at Preston Beach and the turn to Marblehead Neck, there is a stretch of unknown oceanfront which contains 44 houses with Assessed Values of $2 million or more.
Last year in an article Marblehead sale over $4 million – guess where? I wrote this:
“There are a lot of small streets that lead to the water and have 1 or 2 or maybe 3 or 4 houses sitting directly on the ocean at the end. And for the most part these houses sit on the rocky Atlantic coast and are high enough that flooding is not a concern, while many of them face South, have great views of Ram Island and down the coastline, and are well protected from the nor’easters that can impact more exposed areas.”
In 2014 I identified 29 houses with an AV of $2 million or more but now there are 44, as values are increasing in this area.
People who live in this area know its attractions, which may be why houses rarely come on the market.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
MLS and Shakespeare: To Count or Not to Count
MLS has some strict, well fairly strict, listing requirements, in particular in the time that a listing has to be available in MLS before an offer is accepted on the property. But a recent instance makes me wonder whether one of the side effects of this rule is that it does not provide those of us who produce market statistics from MLS data – and those who rely upon those stats, which is everybody with an interest in property prices – with the full market information.
Let me explain.
A house in Marblehead was listed for sale in 2013 and was on the market for about 16 months. The house was then relisted in 2015 and was on the market for 8 months. Finally, in 2016 it was listed again and received an offer the following day. It remained as CTG in MLS for 3 months, but at closing the listing was changed to Cancelled – and therefore does not show in Sold stats – because, apparently, MLS did not believe the property had been widely enough available before the offer was accepted.
Now if this house had sold around the median price of about $600,000, it would be no big deal. But it sold for $3.7 million (I got that from the Registry of Deeds). Not only are sales at this price level less frequent and therefore more significant, but the price level achieved is an important data point for other sellers and brokers who either have properties for sale or are thinking of selling.
As a lover of murder mysteries, I have learned to ask cui bono – who benefits? In this case, I cannot think of anybody who benefits, but I do know that MLS data without this sale is less accurate than it would be if the sale had been included.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead’s Fraternal Order of Cranks
This James Maroney MHTV video of Abbot Hall clock winding is fascinating in itself, has a great intro to Abbot Hall and also has wonderful views from the bell tower over Marblehead and the Islands and to Boston and elsewhere at the 5 minute mark. Even the earth’s curvature can be seen!
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open Houses today: two of Marblehead’s Unknown Oceanfront Properties
There are Open Houses today for two of Marblehead’s Unknown Oceanfront Properties, the term I have coined to describe the area from Preston Beach to Beach Street. It is “unknown” because a lot of the houses are at the end of dead end streets, down which many people have never passed.
Today’s Open Houses are a perfect beach house, with jaw-dropping views, directly on Goldthwait Beach at 46 Gallison Avenue from 12:00-1:30 and a beautifully restored 1850 house with carriage house at 11 Crown Way from 12:30-2:00. Both websites contain videos of the properties.
Two Saturday Marblehead Waterfront Open Houses
Saturday sees two Marblehead Waterfront Open Houses. Click on One Harborfront and One Oceanfront for details. (more…)
Marblehead Mid-Year Report: median price up 4%
Sales of Single family Homes (SFHs) were remarkable consistent for the fifth year in a row, while the median price increased nearly 4% to a new high for the first half of the year of $595,000. Variations between Q1 and Q2 reflect the mix of sales I highlighted in my Marblehead home prices set record in 2016 First Quarter report.
The condo market saw an increase in sales, while the median price reflected a swing in sales from a majority in 2015 taking place under $250,000 to a majority in 2016 occurring above $350,000. (more…)
Marblehead beach house Open Saturday
Are you thinking of downsizing and want to keep a house in Marblehead?
Do you spend winters in Florida and want to keep a manageable summer house in Marblehead?
Do you live in Boston and want a weekend house on the beach?
This Marblehead beach house is just perfect!
Open Houses Saturday and Sunday 12-2.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead: Goldthwait Open Houses today
There are three Gallison Avenue Open Houses today in the much sought after Goldthwait area of Marblehead. 210 Atlantic and 4 Gallison are Open from 11:00 -1:00 and 46 Gallison, the beach house, from 12:00-2:00.
Here is a link to 46 Gallison (below) which includes a video:
Marblehead Open Houses today in Goldthwait area
There are three Gallison Avenue Open Houses today (and tomorrow) in the much sought after Goldthwait area of Marblehead.
Here is a link to 46 Gallison (below) which includes a video:
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead Unknown Oceanfront Open Houses
Between the entrance to Marblehead at Preston Beach and the turn to Marblehead Neck, there is a stretch of unknown oceanfront which contains 44 houses with Assessed values of $2 million or more.
Last year in an article Marblehead sale over $4 million – guess where? I wrote this:
“There are a lot of small streets that lead to the water and have 1 or 2 or maybe 3 or 4 houses sitting directly on the ocean at the end. And for the most part these houses sit on the rocky Atlantic coast and are high enough that flooding is not a concern, while many of them face South, have great views of Ram Island and down the coastline, and are well protected from the nor’easters that can impact more exposed areas.”
In 2014 I identified 29 houses with an AV of $2 million or more but now there are 44, as values are increasing in this area.
People who live in this area know its attractions, which may be why houses rarely come on the market.
Marblehead beach house video: Open House today
Watch this Marblehead beach house video and plan to visit the Open House today from 12:30 – 2:30.
And here are the details Marblehead beach house
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead Beach House – Open House 1-3
Just updated beach house 46 Gallison Avenue with jaw-dropping views from Marblehead Harbor to Plymouth.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
More $3 million home sales
This boston.com article $3 million home sales refers to 6 sales over $3 million that occurred this week – in Boston and Weston.
After a pause, Marblehead saw a listing above $3 million receive an offer recently, so it seems that buyers are out there at the higher levels. Here’s one Marblehead oceanfront property still available 11 Crown Way.
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
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