NOT LISTED FOR SALE

126 Merrimac St Unit 1 Newburyport, MA 01950

Estimated Value: $692,000 - $795,000

2 Beds
2 Baths
1,184 Sq Ft
$398/mo HOA Fee

Last Sold November 17, 2023

Last sale price $675,000 $570 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,767/month

1 Day on Market

Highlights

  • River View
  • Property is near public transit
  • End Unit
  • Newburyport High School Rated A-
  • 1 Fireplace
  • 4-minute walk to Cashman Park

About This Home

As of November 2023

It is not often that you are going to come across a one-level condominium located in downtown Newburyport. The seller has offered this property to a lucky buyer, prioritizing spending more time with loved ones than making a profit. You will fall in love with this end-unit 2-bedroom condo with 2 off-street parking spaces. You'll need them because you are going to be leaving your car behind and walking or biking everywhere! This is located right on the rail trail downtown next to the Merrimack River. A quick stroll is going to offer you a myriad of dining and entertainment opportunities. This pet-friendly association is right next to the Cashman dog park so you can enjoy playtime with Fido. Tennis and pickleball at the park as well. All this just steps from your condo. This is an investment worth making as one-level living in downtown is rare. Brand new HVAC & freshly painted a crisp white, so all you need to do is the fun stuff!

Last Agent to Sell the Property

Tara Donahue Scott

Keller Williams Realty Evolution Listed on: 10/09/2023

Keller Williams Realty Evolution

Last Buyer's Agent

Tara Donahue Scott

Keller Williams Realty Evolution Listed on: 10/09/2023

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,502

Year Built

  • Built in 1984

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • River Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone

Additional Features

  • End Unit
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:0050 B:0068A L:0000,2087704

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, trash
  • 63 Units
  • River's Edge Community

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,502

Year Built

Built in 1984

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1984
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Basement: N
  • Living Area: 1184
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95098
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Patio, Storage
  • Common Walls: End Unit
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Unknown To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 398
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash

Lot Info

  • Parcel Number: M:0050 B:0068A L:0000,2087704
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4502

Multi Family

  • Number Of Units Total: 63
  • Basement Included Sq Ft: No
  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 17, 2023
Sold by
Clarridge David
Bought by
Barry Michael W and Barry Ryan S
Seller's Agent
Tara Donahue Scott
Keller Williams Realty Evolution
Buyer's Agent
Tara Donahue Scott
Keller Williams Realty Evolution
List Price
$660,000
Sold Price
$675,000
Premium/Discount to List
$15,000
2.27%
Views
85
Current Estimated Value
$747,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,184
Avg. Annual Appreciation
5.08%
Original Mortgage
$607,500
Outstanding Balance
$595,843
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,341

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 15, 2023
Sold by
Mcdermott Patricia A
Bought by
Clarridge David
Seller's Agent
Elizabeth Smith
Keller Williams Realty Evolution
Buyer's Agent
Lynne Hendricks
Realty One Group Nest
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 4, 2023
Sold by
Mcdermott Patrick F
Bought by
Mcdermott Patricia A
Seller's Agent
Elizabeth Smith
Keller Williams Realty Evolution
Buyer's Agent
Lynne Hendricks
Realty One Group Nest
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Views
105

Purchase Details

Closed on
Jan 7, 2010
Sold by
Mcdermott Patricia A
Bought by
Mcdermott Patrick F

Purchase Details

Closed on
Oct 31, 2000
Sold by
Laliberty Thomas J
Bought by
Mcdermott Patricia A

Purchase Details

Closed on
Mar 18, 1994
Sold by
Antonucci Robert C and Spencer John V
Bought by
Laliberty Thomas J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barry Michael W $675,000 None Available
Barry Michael W $675,000 None Available
Barry Michael W $675,000 None Available
Clarridge David $650,000 None Available
Clarridge David $650,000 None Available
Clarridge David $650,000 None Available
Mcdermott Patricia A -- None Available
Mcdermott Patricia A -- None Available
Mcdermott Patricia A -- None Available
Mcdermott Patrick F -- --
Mcdermott Patrick F -- --
Mcdermott Patricia A $225,000 --
Mcdermott Patricia A $225,000 --
Laliberty Thomas J $110,000 --
Laliberty Thomas J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Michael W $607,500
Closed Barry Michael W $607,500
Previous Owner Laliberty Thomas J $50,000
Previous Owner Laliberty Thomas J $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $675,000 +2.3% $570 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $660,000 +1.5% $557 / Sq Ft
08/31/2023 08/31/23 Sold $650,000 +3.3% $549 / Sq Ft View Prior Sale
07/03/2023 07/03/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $629,000 -- $531 / 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 $5,205 $543,300 $0 $543,300
2024 $4,715 $472,900 $0 $472,900
2023 $4,502 $419,200 $0 $419,200
2022 $4,746 $395,200 $0 $395,200
2021 $4,483 $354,700 $0 $354,700
2020 $4,467 $347,900 $0 $347,900
2019 $4,575 $349,800 $0 $349,800
2018 $4,345 $327,700 $0 $327,700
2017 $4,219 $313,700 $0 $313,700
2016 $3,918 $292,600 $0 $292,600
2015 $3,512 $263,300 $0 $263,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73167752

MLS Property Information Network (MLS PIN)

APN: NEWP-000050-000068-A000000