NOT LISTED FOR SALE

1 Merrimac St Unit 22 Newburyport, MA 01950

Estimated Value: $895,000 - $977,000

2 Beds
3 Baths
1,720 Sq Ft
1984 Built

Last Sold December 01, 2017

Last sale price $605,000 $352 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,597/month

54 Days on Market

About This Home

As of December 2017

Splendid tastefully renovated 2 bedroom 2.5 bath townhouse in the heart of downtown. New high end quartz, stainless steel kitchen open to a spacious dining-living area with hardwood floors, fireplace and lovely built-ins. Slider to enclosed porch overlooking Firehouse Center and Market Square. Stunning MBR Suite and large second bedroom. Central air, attic and basement storage. Elevatored building with garage parking under one spot is deeded and one spot is leased.

Last Agent to Sell the Property

Steve Robinson

Lamacchia Realty, Inc. Listed on: 09/15/2017

Last Buyer's Agent

1 North

Lux Realty North Shore

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,740

Year Built

1984

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, Middle, Front
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Storm Windows
  • Flooring: Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: Fourth Floor, 13X14
  • Bathroom #1: Third Floor
  • Bathroom #2: Fourth Floor
  • Bathroom #3: Fourth Floor
  • Kitchen: Third Floor, 8X11
  • Living Room: Third Floor, 14X16
  • Master Bedroom: Fourth Floor, 13X15
  • Master Bedroom Description: Bathroom - Full, Flooring - Wall to Wall Carpet
  • Dining Room: Third Floor, 10X16
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth1 Room Name: Sun Room
  • Oth1 Level: Third Floor
  • No Living Levels: 2
  • Main Lo: C95006
  • Main So: C95236

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Unit Features: Porch - Enclosed
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Under, Storage, Deeded
  • Garage Spaces: 2
  • Parking: Leased
  • Parking Spaces: 0

Utilities

  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Merrimac Landing
  • Association Fee Includes: Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 30
  • Unit Building: 22

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:0003 B:0050 L:0000
  • Zoning: B2
  • Lot: 50

Multi Family

  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Demetroulakos Lucas M and Levasseur Jacqueline M
Bought by
Pienza Ft
Current Estimated Value
$934,041

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 1, 2017
Sold by
Est Solomita Gloria and Macleod Simantha A
Bought by
Demetroulakos Lucas M and Levasseur Jacqueline M
Seller's Agent
Steve Robinson
Lamacchia Realty, Inc.
Buyer's Agent
1 North
Lux Realty North Shore
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$484,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1988
Sold by
Doering Douglas E
Bought by
Solomita Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pienza Ft -- None Available
Demetroulakos Lucas M $605,000 --
Solomita Gloria E $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demetroulakos Lucas M $484,000
Previous Owner Solomita Gloria E $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $605,000 -3.2% $352 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $625,000 -- $363 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,740 $807,900 $0 $807,900
2024 $9,031 $905,800 $0 $905,800
2023 $7,694 $716,400 $0 $716,400
2022 $7,707 $641,700 $0 $641,700
2021 $7,667 $606,600 $0 $606,600
2020 $7,640 $595,000 $0 $595,000
2019 $7,078 $541,100 $0 $541,100
2018 $6,200 $467,600 $0 $467,600
2017 $5,763 $428,500 $0 $428,500
2016 $5,562 $415,400 $0 $415,400
2015 $6,164 $462,100 $0 $462,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72229538

MLS Property Information Network (MLS PIN)

APN: NEWP-000003-000050