NOT LISTED FOR SALE

12 Cushing Ave Newburyport, MA 01950

Estimated Value: $1,555,553 - $1,668,000

0.25 Acre
$6,399,552 Price per Acre
10,890 Sq Ft Lot

Last Sold April 02, 2013

Last sale price $310,000 $272 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $9,484/month

10 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Jogging Path
  • Newburyport High School Rated A-
  • Property is near public transit
  • Park

About This Lot

As of April 2013

OPPORTUNITY KNOCKS!!!! Rare building lot in Newburyport ready to build on! Neighborhood setting with great shopping and highway access.

Last Agent to Sell the Property

Gail Tufts

RE/MAX On The River, Inc. License #452000042 Listed on: 10/22/2012

Last Buyer's Agent

Gail Tufts

RE/MAX On The River, Inc. License #452000042 Listed on: 10/22/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,477

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned R2

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 2089046

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$4,477

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C95039
  • MAIN SO: C95039

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: Yes

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2089046
  • Zoning: R2
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Cleared
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 11076
  • PERC TEST: N

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4477.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
Apr 2, 2013
Sold by
Misserville Dev Llc and Heath Renee G
Bought by
Heath Christopher M and Heath Renee G
Seller's Agent
Gail Tufts
RE/MAX On The River, Inc.
Buyer's Agent
Gail Tufts
RE/MAX On The River, Inc.
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$1,599,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289,888
Avg. Annual Appreciation
13.93%
Original Mortgage
$217,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Coffey Francis E
Bought by
Misserville Dev Llc

Purchase Details

Closed on
Sep 11, 2009
Sold by
Coffey Francis E and Sielicki Edna B
Bought by
Coffey Francis E
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
Heath Christopher M $310,000 --
Misserville Dev Llc $225,000 --
Coffey Francis E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Francis E $600,000
Closed Heath Christopher M $217,000
Previous Owner Coffey Francis E $233,000
Previous Owner Coffey Francis E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $310,000 -3.1% $272 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $319,900 -- $281 / 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 $12,811 $1,337,300 $461,100 $876,200
2024 $12,472 $1,251,000 $419,200 $831,800
2023 $11,132 $1,036,500 $364,500 $672,000
2022 $11,079 $922,500 $303,700 $618,800
2021 $10,988 $869,300 $276,100 $593,200
2020 $10,886 $847,800 $276,100 $571,700
2019 $11,168 $853,800 $276,100 $577,700
2018 $10,526 $793,800 $263,000 $530,800
2017 $10,557 $784,900 $250,500 $534,400
2016 $9,973 $744,800 $228,200 $516,600
2015 $10,952 $821,000 $228,200 $592,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71450144

MLS Property Information Network (MLS PIN)

APN: NEWP-000069-000047