NOT LISTED FOR SALE

15 Otis Place Unit 3 Newburyport, MA 01950

Estimated Value: $804,000 - $911,000

3 Beds
2 Baths
1,545 Sq Ft
$558/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $610,000 $395 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,360/month

7 Days on Market

About This Home

As of March 2021

LOCATION, LOCATION, LOCATION - If you're looking for a wonderful in-town condo on a quiet side street yet in the heart of downtown, you've found it! This 2nd/3rd floor townhouse style condo provides the Newburyport lifestyle you've been searching for! Offering an open and spacious floor plan flooded with light throughout, this unit features a wonderful fireplaced living room, kitchen and dining area, full bath and bedroom on the 2nd floor, as well as spacious primary bedroom, full bath and additional guest bedroom/office on the 3rd floor. Private back deck, PET FRIENDLY, 2 car off street deeded parking, laundry in unit, full, dry, unfinished basement offers tons of storage. Low condo fee of $210/month includes master insurance, snow removal and reserves. Steps away from Newburyport shops, restaurants & waterfront, minutes to MBTA Commuter Rail and Plum Island Beaches. Showings to begin at OH Friday 2/5 11-1pm, Sat 2/6 and Sun 2/7 11-12:30am. Offers if any due Monday, 2/8 by 4pm

Last Agent to Sell the Property

Cheryl Caldwell

William Raveis Real Estate Listed on: 02/01/2021

William Raveis Real Estate

Last Buyer's Agent

Lori Lacey

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,701

Year Built

  • Built in 1850

Lot Details

  • Year Round Access

HOA Fees

  • $210 per month

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Newburyport High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:0014 B:0018C L:0000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,701

Year Built

Built in 1850

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 348.87
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 2
  • Unit Placement: End
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1850

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 10X17, Skylight, Closet, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Dimension: 10X9, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Third Floor, Dimension: 9X13, Closet, Flooring - Wood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Second Floor, Dimension: 10X5, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 2: On Level: Third Floor, Dimension: 12X6, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Dimension: 8X13, Ceiling Fan(s), Flooring - Hardwood
  • Kitchen: On Level: Second Floor, Dimension: 10X13, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances
  • Laundry: On Level: Second Floor
  • Laundry Features: In Unit
  • Living Room: On Level: Second Floor, Dimension: 14X16, Fireplace, Ceiling Fan(s), Flooring - Wood, Cable Hookup
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN4850
  • Main So: AN2314
  • Estimated Sq Ft: 1545.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Wood
  • Insulation Feature: Full
  • Exterior Unit Features: Porch, Deck - Composite, City View(s), Screens

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Stone/Gravel
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • HOA Fees: 210.00
  • Association Fee Includes: Master Insurance, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 15-17 Otis Place Condominium

Schools

  • Elementary School: Bresnahan
  • Middle School: Nock
  • High School: Newburyport

Lot Info

  • Assessments: 410000.00
  • Lot: C
  • Lot Size: 1.00
  • Page: 172
  • Parcel Number: M:0014 B:0018C L:0000
  • Zoning: B2
  • Master Book: 13242
  • Master Page: 213

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5264.00
  • Assessor Parcel Number: 3441888
  • Tax Year: 2020

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

MLS Schools

  • Grade School: Bresnahan
  • High School: Newburyport
  • Middle School: Nock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 23, 2021
Sold by
Ouimet Erin C
Bought by
Posey Allison B
Seller's Agent
Cheryl Caldwell
William Raveis Real Estate
Buyer's Agent
Lori Lacey
Lamacchia Realty, Inc.
List Price
$539,000
Sold Price
$610,000
Premium/Discount to List
$71,000
13.17%
Current Estimated Value
$862,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,790
Avg. Annual Appreciation
7.97%
Original Mortgage
$510,000
Outstanding Balance
$457,179
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,611

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 20, 2017
Sold by
Hill M Ashley
Bought by
Tuomi Erin C
Seller's Agent
Deborah Hamilton
RE/MAX On The River, Inc.
Buyer's Agent
Cheryl Caldwell
William Raveis Real Estate
List Price
$435,000
Sold Price
$410,000
Premium/Discount to List
-$25,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$280,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2008
Sold by
Raskind Clifford J and Raskind Maria G
Bought by
Hill M Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Grutchfield Karen E
Bought by
Raskind Clifford J and Raskind Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,650
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1999
Sold by
Hall Noreen F and Flanagan Noreen T
Bought by
Grutchfield Karen E

Purchase Details

Closed on
Sep 24, 1997
Sold by
Mosher Christopher E and Mosher Jennifer
Bought by
Flanagan Noreen T

Purchase Details

Closed on
Oct 27, 1995
Sold by
Guertin Rt and Guertiin Ronald P
Bought by
Mosher Christopher E and Mack Jennifer
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Posey Allison B $610,000 None Available
Tuomi Erin C $410,000 --
Hill M Ashley $335,000 --
Raskind Clifford J $269,000 --
Grutchfield Karen E $215,000 --
Flanagan Noreen T $169,000 --
Mosher Christopher E $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posey Allison B $510,000
Previous Owner Tuomi Erin C $280,000
Previous Owner Mosher Christopher E $251,250
Previous Owner Mosher Christopher E $40,000
Previous Owner Mosher Christopher E $228,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2021 03/23/21 Sold $610,000 +13.2% $395 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $539,000 +31.5% $349 / Sq Ft
07/20/2017 07/20/17 Sold $410,000 -1.2% $289 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
05/23/2017 05/23/17 Price Changed $415,000 -2.4% $292 / Sq Ft
05/17/2017 05/17/17 Price Changed $425,000 -1.2% $299 / Sq Ft
05/12/2017 05/12/17 Price Changed $430,000 -1.1% $303 / Sq Ft
04/28/2017 04/28/17 For Sale $435,000 -- $306 / 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 $6,701 $699,500 $0 $699,500
2024 $6,540 $656,000 $0 $656,000
2023 $6,514 $606,500 $0 $606,500
2022 $6,031 $502,200 $0 $502,200
2021 $5,177 $409,600 $0 $409,600
2020 $5,155 $401,500 $0 $401,500
2019 $4,977 $380,500 $0 $380,500
2018 $4,894 $369,100 $0 $369,100
2017 $4,747 $352,900 $0 $352,900
2016 $4,466 $333,500 $0 $333,500
2015 $4,254 $318,900 $0 $318,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72780847

MLS Property Information Network (MLS PIN)

APN: NEWP-000014-000018-C000000