NE Provenance

388 Ocean Ave

Marblehead, MA 01945

residentialSingle Family
Owner
Tee...
Owner Type
Individual
Tenure
9 yrs
Assessed
$2,374,500
Built
1880
Sq Ft
4,080
Lot
0.71 ac
Bed/Bath
4/3
Type
Single Family
Elevated Risks17ConditionC1Fire GradeBPermits17Last PermitSep 2025FloodX

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388 Ocean Ave, Marblehead, MA 01945— Property Report

Home& Property Details

388 Ocean Ave is a Conventional single family built in 1880 located in Marblehead, Essex County, MA. The home has 4,080 square feet of living area on a 0.71-acre lot. The home has 4 bedrooms, 3 bathrooms, 1 half bath across 2 stories.

Flood Zone & Natural Hazard Assessment

388 Ocean Ave is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 40 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 388 Ocean Ave at Grade B (Strong fire protection access). The nearest fire station, MARBLEHEAD FIRE DEPARTMENT, is 0.8 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 17 building permits on file for 388 Ocean Ave. The most recent permit was filed September 11, 2025. In the past five years, 12 permits have been issued. The current municipal assessment is $2,374,500, with $1,856,900 attributed to land and $517,600 to improvements. The property last sold on June 27, 2016 for $1,400,000. The deed history includes 4 recorded conveyances.

Environmental & Land Use

388 Ocean Ave is classified as a waterfront property.

MarbleheadNeighborhood & Community

388 Ocean Ave is located in Marblehead, Essex County, MA. The property is zoned LSR (Expanded Single Residence). The median home value in this census tract is $992,500. Median household income is $200,001. The owner-occupancy rate in the surrounding area is 81%. The property is served by the Marblehead school district.

Full Property Intelligence Report

The complete NE Provenance report for 388 Ocean Ave, Marblehead, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.