12 Independence Way Newbury, MA 01951
2
Beds
1
Bath
888
Sq Ft
6,970
Sq Ft Lot
About This Home
As of May 2024Come live at the beach!! Charming year round cottage nestled in a private setting. Completely redone by the current owner, this home has 6 rooms, 2 bedrooms and 1 full bath. New roof, siding, decks, windows, heating system, hardwood floors, and full bath. Basement has new concrete slab and cinder block foundation has been skim coated both inside and out. And if that's not enough, there is a new whole house generator. Nothing to do but move in and make everyday a vacation!! Flexible living and sleeping arrangements. Potential to sleep 6 comfortably. Access to both the beach and river to kayak or surf!. Great for a home owner or investment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,318
Year Built
- Built in 1949
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Hot Water Baseboard Heater
- Radiant Heating System
- Heating System Uses Propane
- Propane Water Heater
Additional Features
- Range
- Deck
- Property is zoned AR4
- Basement
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
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2024
Jeff Smith
Advisors Living - Winchester
(978) 423-5235
1 in this area
5 Total Sales
-
Buyer's Agent in 2024
Jill Mandragouras
RE/MAX
(508) 843-6393
15 in this area
39 Total Sales
-
Seller's Agent in 2018
Celine Muldowney
Lamacchia Realty, Inc.
(978) 270-9056
21 in this area
82 Total Sales
-
Buyer's Agent in 2018
Ellen Hazo
Advisors Living - Merrimac
(978) 821-2425
5 in this area
44 Total Sales
-
D
Seller's Agent in 2012
Dennis Keating
Coldwell Banker Realty - Newburyport
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72342037
APN: NEWB-000001U-000000-000144
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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