NOT LISTED FOR SALE

126 Merrimac St Unit 54 Newburyport, MA 01950

Estimated Value: $1,003,000 - $1,219,000

2 Beds
3 Baths
1,885 Sq Ft
1984 Built

Last Sold August 04, 2017

Last sale price $612,000 $325 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,524/month

4 Days on Market

About This Home

As of August 2017

Stunning Newburyport Waterfront Townhouse! This is a rare opportunity to purchase a waterfront unit at the River's Edge. Water views from all 3 levels. Gorgeous renovations throughout: freshly painted, brand new kitchen, new bamboo flooring throughout the 1st floor, fully renovated bathrooms, spa-like bathroom with soaking tub that has water views, double vanity, and glass encased, tile shower off the master bedroom. Both bedrooms are large, spacious suites with plenty of closet space. Open, airy, fireplaced living room looks out to the deck and Newburyport waterfront. There is area for a home office set-up right outside the master bedroom. Stepping outside your door you will find the boardwalk, Cashman Park, The Rail Trail, and a bustling downtown with restaurants and shops at your feet. This is a very special unit in a very special location. First showings at open house on Sunday June 25th, 12-2pm. Second showings 5-7pm Monday June 26th.

Last Agent to Sell the Property

Jon Growitz

Realty One Group Nest Listed on: 06/23/2017

Realty One Group Nest

Last Buyer's Agent

Cheryl Caldwell

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,916

Year Built

1984

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Attached
  • Other Agent: 2.25
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Flooring: Wall to Wall Carpet, Bamboo, Engineered Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Fourth Floor, 13X17
  • Bathroom #1: Second Floor
  • Bathroom #2: Third Floor, 13X8
  • Bathroom #3: Fourth Floor
  • Kitchen: Second Floor, 18X9
  • Laundry Room: Third Floor
  • Living Room: Second Floor, 14X16
  • Master Bedroom: Third Floor, 15X12
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Dining Room: Second Floor, 10X13
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: C95039
  • Main So: AC1083

Exterior Features

  • Waterfront Property: Yes
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck - Wood
  • Waterfront: River
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The River's Edge
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal, Reserve Funds
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 54

Lot Info

  • Assessor Parcel Number: M:0050 B:0075F L:0000
  • Zoning: wmd

Multi Family

  • Waterview: Harbor, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 4, 2017
Sold by
Hedlund Daniel J
Bought by
Armstrong Joan P
Seller's Agent
Jon Growitz
Realty One Group Nest
Buyer's Agent
Cheryl Caldwell
William Raveis Real Estate
List Price
$599,900
Sold Price
$612,000
Premium/Discount to List
$12,100
2.02%
Current Estimated Value
$1,097,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,898
Avg. Annual Appreciation
7.26%
Original Mortgage
$480,000
Outstanding Balance
$394,093
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$703,805

Purchase Details

Listed on
Jan 26, 2014
Closed on
Mar 21, 2014
Sold by
Fhlmc
Bought by
Hedlund Daniel J
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Bentley's Team
RE/MAX Bentley's
List Price
$369,900
Sold Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$332,900
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Doust Trevor G and Wells Fargo Bk
Bought by
Fhlmc

Purchase Details

Closed on
May 26, 1995
Sold by
Cunningham Richard A and Cunningham Helent
Bought by
Doust Trevor G

Purchase Details

Closed on
Feb 10, 1993
Sold by
Hochmuth Francis C and Hochmuth Eileen
Bought by
Cunningham Richard A and Cunningham Helen T
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
Armstrong Joan P $612,000 --
Hedlund Daniel J $369,900 --
Fhlmc $410,128 --
Doust Trevor G $185,000 --
Cunningham Richard A $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Joan P $480,000
Previous Owner Hedlund Daniel J $332,900
Previous Owner Cunningham Richard A $375,000
Previous Owner Cunningham Richard A $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2017 08/04/17 Sold $612,000 +2.0% $325 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $599,900 +62.2% $318 / Sq Ft
03/20/2014 03/20/14 Sold $369,900 0.0% $196 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
02/01/2014 02/01/14 Off Market $369,900 -- --
01/26/2014 01/26/14 For Sale $369,900 -- $196 / 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 $8,916 $930,700 $0 $930,700
2024 $8,069 $809,300 $0 $809,300
2023 $7,696 $716,600 $0 $716,600
2022 $8,092 $673,800 $0 $673,800
2021 $7,640 $604,400 $0 $604,400
2020 $7,609 $592,600 $0 $592,600
2019 $7,789 $595,500 $0 $595,500
2018 $7,392 $557,500 $0 $557,500
2017 $6,862 $510,200 $0 $510,200
2016 $6,366 $475,400 $0 $475,400
2015 $5,700 $427,300 $0 $427,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72188759

MLS Property Information Network (MLS PIN)

APN: NEWP-000050-000075-F000000