NOT LISTED FOR SALE

126 Merrimac St Unit 45 Newburyport, MA 01950

Estimated Value: $820,000 - $989,000

2 Beds
3 Baths
1,740 Sq Ft
$527/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $620,000 $356 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,509/month

59 Days on Market

Highlights

  • Central Heating and Cooling System
  • Newburyport High School Rated A-
  • 4-minute walk to Cashman Park

About This Home

As of November 2020

Waterfront River's Edge unit you've been waiting for! Much sought after water-front at River's Edge with unobstructed water views overlooking the river and parks. This immaculate Atrium unit has been newly renovated with updated kitchen featuring white cabinets, granite, new stainless steel refrigerator and dishwasher and new floor. Baths have been updated with new vanities, floors and fixtures. New hardwood floors throughout with freshly painted that enhances the natural light of every room! All new windows and hot water heater 2017. Brand new washer and dryer. Hop onto the river-front boardwalk and rail trail just steps from you door and take a stroll to downtown restaurants and shops. Water & Sewer included in condo fee. Pet friendly! Easy to show. Covid requirements of wearing a mask must be adhered to and Covid waiver must be signed by all visitors.

Last Agent to Sell the Property

Sharon Cronin

Gibson Sotheby's International Realty Listed on: 08/15/2020

Gibson Sotheby's International Realty

Co-Listed By

Kathy Cronin

Gibson Sotheby's International Realty

Last Buyer's Agent

The Forzese Group

RE/MAX On The River, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1986

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,126

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 361.49
  • Comp Based On: Net Sale Price
  • Year Built: 1986
  • Lead Paint: Unknown
  • Unit Building: 45
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1986

Interior Features

  • Fireplaces: 1
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 18X15
  • Bedroom 2: On Level: Third Floor, Dimension: 12X15
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 9X11
  • Family Room: On Level: Second Floor, Dimension: 12X24
  • Kitchen: On Level: First Floor, Dimension: 16X10
  • Living Room: On Level: First Floor, Dimension: 15X27
  • No Living Levels: 3
  • Main Lo: C95039
  • Main So: C95039
  • Estimated Sq Ft: 1740.00

Exterior Features

  • Waterfront: River
  • Waterfront Flag: Yes

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Heat Pump, Electric
  • Hot Water: Electric

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 534.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: River's Edge

Lot Info

  • Assessments: 539000.00
  • Page: 541
  • Zoning: RES

Tax Info

  • Taxes: 6920.76
  • Assessor Parcel Number: 2087716
  • Tax Year: 2020

Multi Family

  • No Units: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Nov 17, 2020
Sold by
Durkin Amanda F and Durkin Brian P
Bought by
Authier Deborah L
Seller's Agent
Sharon Cronin
Gibson Sotheby's International Realty
Buyer's Agent
The Forzese Group
RE/MAX On The River, Inc.
List Price
$639,000
Sold Price
$620,000
Premium/Discount to List
-$19,000
-2.97%
Current Estimated Value
$917,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,802
Avg. Annual Appreciation
8.11%
Original Mortgage
$279,000
Outstanding Balance
$248,270
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$669,532

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jul 22, 2016
Sold by
Sharon Kay Ransom Ret
Bought by
Durkin Brian P and Durkin Amanda F
Seller's Agent
Kathy Cronin
Gibson Sotheby's International Realty
Buyer's Agent
Kathy Cronin
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$325,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1989
Sold by
Melvin Gail J
Bought by
Ransom James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
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
Authier Deborah L $620,000 None Available
Durkin Brian P $475,000 --
Ransom James H $264,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Authier Deborah L $279,000
Previous Owner Durkin Brian P $325,000
Previous Owner Ransom James H $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $620,000 -1.4% $356 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $629,000 -1.6% $361 / Sq Ft
09/05/2020 09/05/20 For Sale $639,000 0.0% $367 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $639,000 +34.5% $367 / Sq Ft
07/22/2016 07/22/16 Sold $475,000 -4.8% $273 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $499,000 -- $287 / 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 $8,126 $848,200 $0 $848,200
2024 $7,518 $754,100 $0 $754,100
2023 $7,169 $667,500 $0 $667,500
2022 $7,375 $614,100 $0 $614,100
2021 $6,961 $550,700 $0 $550,700
2020 $6,932 $539,900 $0 $539,900
2019 $7,097 $542,600 $0 $542,600
2018 $6,735 $507,900 $0 $507,900
2017 $6,534 $485,800 $0 $485,800
2016 $5,925 $442,500 $0 $442,500
2015 $5,303 $397,500 $0 $397,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72710470

MLS Property Information Network (MLS PIN)

APN: NEWP-000050-000074-F000000