NOT LISTED FOR SALE

12 Independence Way Newbury, MA 01951

Estimated Value: $799,495 - $878,000

2 Beds
1 Bath
900 Sq Ft
$930/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $759,000 $843 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,936/month

4 Days on Market

Highlights

  • Scenic Views
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Welcome to your own private island getaway on Plum Island! This charming home has been beautifully renovated and boasts two plus bedrooms perfect for a weekend retreat or year-round living. A third sleeping space is perfect to maximize your investment property. Step outside onto one of the two spacious decks and take in the stunning beachy vibes and nature that surround you. A perfect quiet retreat! Lower level basement access for storage, utilities, and generator. With serene surroundings and modern amenities, this island oasis is sure to capture your heart. Don't miss out on the opportunity to make this unique property yours! Offer Deadline - Wednesday, April 24th @ 2 PM

Last Agent to Sell the Property

Jeff Smith

Gibson Sotheby's International Realty Listed on: 04/20/2024

Gibson Sotheby's International Realty

Last Buyer's Agent

Jill Mandragouras

RE/MAX Bentley's

RE/MAX Bentley's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,276

Year Built

  • Built in 1949

Lot Details

  • 7,214 Sq Ft Lot
  • Corner Lot
  • Garden
  • Property is zoned AR4

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 900 Sq Ft Home
  • Recessed Lighting
  • Insulated Windows
  • French Doors
  • Sun or Florida Room
  • Scenic Vista Views
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Freezer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 2 Cooling Zones
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Power Generator
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0U01 B:0000 L:00144,2081068

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,276

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1949
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Sun Room
  • Door Features: French Doors
  • Fireplace YN: No
  • Appliances: Water Heater, Range, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Recessed Lighting
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 900
  • Spa YN: No
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN1921
  • MAIN SO: AN8279
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Composite, Rain Gutters, Garden
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Road Frontage Type: Public
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Baseboard, Heat Pump, Propane
  • Cooling Y N: Yes
  • Electric: Generator, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: NBPT
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Conservation Area, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0U01 B:0000 L:00144,2081068
  • Zoning: AR4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Flood Plain
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7214
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7276

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
May 28, 2024
Sold by
Margaret M Thomas Ret and Thomas
Bought by
Nahill Chelsea
Seller's Agent
Jeff Smith
Gibson Sotheby's International Realty
Buyer's Agent
Jill Mandragouras
RE/MAX Bentley's
List Price
$699,000
Sold Price
$759,000
Premium/Discount to List
$60,000
8.58%
Views
24
Current Estimated Value
$837,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,374
Avg. Annual Appreciation
6.87%
Original Mortgage
$159,000
Outstanding Balance
$156,624
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,750

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 9, 2018
Sold by
Boccuzzo Susan L
Bought by
Margaret M Thomas Ret and Thomas
Seller's Agent
Celine Muldowney
Lamacchia Realty, Inc.
Buyer's Agent
Ellen Hazo
Gibson Sotheby's International Realty
List Price
$524,000
Sold Price
$525,000
Premium/Discount to List
$1,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nahill Chelsea $759,000 None Available
Nahill Chelsea $759,000 None Available
Nahill Chelsea $759,000 None Available
Nahill Chelsea $759,000 None Available
Margaret M Thomas Ret $525,000 --
Margaret M Thomas Ret $525,000 --
Margaret M Thomas Ret $525,000 --
Margaret M Thomas Ret $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nahill Chelsea $159,000
Closed Nahill Chelsea $159,000
Previous Owner Margaret M Thomas Ret $50,000
Previous Owner Margaret M Thomas Ret $8,000
Previous Owner Margaret M Thomas Ret $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $759,000 +8.6% $843 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $699,000 +33.1% $777 / Sq Ft
07/09/2018 07/09/18 Sold $525,000 +0.2% $591 / Sq Ft View Prior Sale
06/09/2018 06/09/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $524,000 +53.0% $590 / Sq Ft
09/28/2012 09/28/12 Sold $342,400 -2.1% $460 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $349,900 -- $470 / 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 $6,318 $848,100 $616,600 $231,500
2024 $7,276 $947,400 $575,500 $371,900
2023 $6,137 $707,800 $375,100 $332,700
2022 $5,828 $599,000 $318,600 $280,400
2021 $5,699 $534,600 $267,200 $267,400
2020 $5,308 $483,000 $226,100 $256,900
2019 $4,670 $432,000 $226,100 $205,900
2018 $4,238 $388,800 $226,000 $162,800
2017 $4,052 $381,900 $226,000 $155,900
2016 $3,624 $317,900 $226,000 $91,900
2015 $3,311 $287,400 $205,400 $82,000
2014 $3,561 $314,600 $205,400 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73226466

MLS Property Information Network (MLS PIN)

APN: NEWB-000001U-000000-000144