NOT LISTED FOR SALE

126 Merrimac St Unit 51 Newburyport, MA 01950

Estimated Value: $1,109,000 - $1,370,000

3 Beds
2.5 Baths
2,550 Sq Ft
1984 Built

Highlights

  • Marina
  • Waterfront
  • 1 Fireplace
  • Newburyport High School Rated A-
  • Property is near public transit
  • 4-minute walk to Cashman Park

About This Home

As of August 2022

Beautiful furnished three bedroom rental with panoramic water views! Impeccably maintained 2,550 square feet of living space with two deeded parking spaces with easy access to downtown Newburyport, waterfront and rail trail. No smoking and no pets. Showings start 7/17/2022 at open house 1:00-2:00

Last Agent to Rent the Property

Eileen Gagnon

Gibson Sotheby's International Realty Listed on: 07/11/2022

Gibson Sotheby's International Realty

Last Renter's Agent

Eileen Gagnon

Gibson Sotheby's International Realty Listed on: 07/11/2022

Gibson Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,022

Year Built

  • Built in 1984

Lot Details

  • Waterfront

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,550 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 8/1/22
  • Rent includes water, sewer, trash collection, snow removal, gardener, parking
  • 12 Month Lease Term
  • Assessor Parcel Number M:0050 B:0075C L:0000,2087734

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,022

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-08-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1984
  • Entry Level: 2
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom3 Level: Fourth Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Room Dining Room Level: Second
  • Room Family Room Level: Third
  • Room Kitchen Level: Second
  • Laundry Features: In Unit
  • Room Living Room Level: Second
  • Living Area: 2550
  • MAIN LO: AN4550
  • MAIN SO: AN4550

Exterior Features

  • Waterfront Features: Waterfront
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Marina, Public School, T-Station
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Parking

Lot Info

  • Parcel Number: M:0050 B:0075C L:0000,2087734
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2010
Sold by
Daly Richard H and Evans-Daly Laurie B
Bought by
Greggains Nicholas J and Greggains Mary H
Current Estimated Value
$1,259,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Cohen Barry and Cohen Julie
Bought by
Daly Richard H and Evans-Daly Laurie B

Purchase Details

Closed on
Jan 3, 1997
Sold by
Wells George and Wells Judy
Bought by
Cohen Barry and Debardeleben Julie

Purchase Details

Closed on
Jul 28, 1995
Sold by
Dodge Robert B and Dodge Merilee B
Bought by
Wells George W and Wells Judy E
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
Greggains Nicholas J $480,000 --
Daly Richard H $447,750 --
Cohen Barry $225,000 --
Wells George W $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells George W $250,000
Closed Wells George W $300,000
Previous Owner Wells George W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2022 08/13/22 Rented $3,500 0.0% --
07/25/2022 07/25/22 Off Market $3,500 -- --
07/20/2022 07/20/22 Under Contract -- -- --
07/11/2022 07/11/22 For Rent $3,500 +16.7% --
07/01/2020 07/01/20 Rented $3,000 0.0% --
06/11/2020 06/11/20 Under Contract -- -- --
06/04/2020 06/04/20 For Rent $3,000 -- --
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 $11,022 $1,150,500 $0 $1,150,500
2024 $9,970 $1,000,000 $0 $1,000,000
2023 $9,505 $885,000 $0 $885,000
2022 $9,996 $832,300 $0 $832,300
2021 $9,434 $746,400 $0 $746,400
2020 $9,394 $731,600 $0 $731,600
2019 $9,614 $735,000 $0 $735,000
2018 $9,122 $687,900 $0 $687,900
2017 $8,847 $657,800 $0 $657,800
2016 $8,203 $612,600 $0 $612,600
2015 $7,341 $550,300 $0 $550,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73010372

MLS Property Information Network (MLS PIN)

APN: NEWP-000050-000075-C000000