$342,400
SOLD SEP 28, 2012

12 Independence Way Newbury, MA 01951

2 Beds
1 Bath
744 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$460 Per Sq Ft

2% Below List Price

43 Days on Market

About This Home

As of May 2024

Wonderful year round recently updated Plum Island cottage.Whole house fan, hardwood floors throughout, 3 season porch, decks off front and back and much more.. Located on the Southern End of the lsland on a quiet dead end street. Short walk to the Reservation and steps to the beach. The home is in move in condition come and enjoy Plum Island at its best. Buyer to assume sewer and water betterment.

Last Agent to Sell the Property

Dennis Keating

Coldwell Banker Realty - Newburyport License #454001357 Listed on: 08/06/2012

Last Buyer's Agent

Celine Muldowney

Lamacchia Realty, Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,318

Year Built

1949

Lot Details

0

Listing Details

  • Lot Description: Flood Plain
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Electric: 220 Volts, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Hardwood
  • Insulation: Partial
  • Interior Amenities: Whole House Fan, French Doors
  • Basement: Full, Walk Out, Bulkhead, Concrete Floor
  • Bedroom 2: First Floor, 9X9
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 11X13
  • Living Room: First Floor, 13X15
  • Master Bedroom: First Floor, 13X8
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: First Floor, 13X10

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch, Deck, Deck - Composite
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 9, 2018
Sold by
Boccuzzo Susan L
Bought by
Margaret M Thomas Ret
Seller's Agent
Celine Muldowney
Lamacchia Realty, Inc.
Buyer's Agent
Ellen Hazo
Advisors Living - Merrimac
List Price
$524,000
Sold Price
$525,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$783,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,432
Avg. Annual Appreciation
6.15%
Original Mortgage
$525,000
Outstanding Balance
$447,296
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$352,294
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 Type Sale Price Title Company
Not Resolvable $525,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,000 Purchase Money Mortgage
Closed $159,000 Purchase Money Mortgage
Open $525,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 No Value Available
Previous Owner $8,000 No Value Available
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 71418702

MLS Property Information Network (MLS PIN)

APN: NEWB-000001U-000000-000144