NOT LISTED FOR SALE

16 Old Farm Way Newbury, MA 01951

Estimated Value: $1,522,818 - $2,015,000

5 Beds
3.5 Baths
4,731 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $1,080,000 $228 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,793/month

25 Days on Market

Highlights

  • Marina
  • Community Stables
  • 1.46 Acre Lot
  • Golf Course Community
  • Waterfront
  • Custom Closet System

About This Home

As of July 2021

Welcome to Old Farm Way in Newbury, a tucked away cul-de-sac neighborhood of elegant homes close to downtown Newburyport, Plum Island beaches, Tendercrop & Commuter Rail. This stately colonial is ready for new owners to settle in & make this their forever home. An inviting two story foyer leads you to formal fireplaced living & dining rooms with crown molding & french doors. The eat in kitchen has granite counters, stainless appliances, a center island & great storage. An enormous family room has plenty of built-ins, soaring cathedral ceilings, a cozy wood stove, & french doors that open to a large composite deck. The second floor boasts three bedrooms, (including a large fireplaced master-suite), laundry room & bath. The third floor has a 4th bedroom, bath, & 5th bedroom/bonus room. Newly refinished hardwood floors, 2 car garage & a three season porch ideal for gatherings. Great space & flow surrounded by mature gardens. Showings start Friday Evening: Open house from 5:00-6:30pm.

Last Agent to Sell the Property

Celine Muldowney

Lamacchia Realty, Inc. Listed on: 05/20/2021

Last Buyer's Agent

Kathryn Gustafson

Arborview Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1993

Lot Details

  • 1.46 Acre Lot
  • Waterfront
  • Level Lot
  • Property is zoned AR

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,731 Sq Ft Home
  • Cathedral Ceiling
  • Insulated Windows
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Sun or Florida Room
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Newbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • Marina
  • Golf Course Community
  • Community Stables
  • Jogging Path

Listing and Financial Details

  • Assessor Parcel Number 2080389

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,086

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1993
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior Amenities: Bathroom - 3/4, Ceiling - Cathedral, Bathroom, Entry Hall, Sun Room
  • Door Features: French Doors
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 256
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 221
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 210
  • Room Bedroom4 Level: Third
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom5 Level: Third
  • Room Bedroom5 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom5 Area: 324
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Room Master Bedroom Features: Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 315
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 30
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 180
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Bathroom 3 Area: 56
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors
  • Room Dining Room Level: First
  • Room Dining Room Area: 224
  • Room Family Room Level: First
  • Room Family Room Features: Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Deck - Exterior
  • Room Family Room Area: 506
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances
  • Room Kitchen Area: 288
  • Laundry Features: Second Floor
  • Room Living Room Level: First
  • Room Living Room Area: 512
  • Room Living Room Features: Flooring - Hardwood, French Doors
  • Basement: Full, Garage Access, Radon Remediation System, Unfinished
  • Living Area: 4731
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: C95006
  • LIST PRICE PER Sq Ft: 232.51
  • PRICE PER Sq Ft: 228.28
  • MAIN SO: NB3534

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Under, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Private
  • HEAT ZONES: 5
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Walk/Jog Trails, Stable(s), Golf, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2080389
  • Zoning: AR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 1.46
  • Lot Size Area: 1.46
  • Lot Size Sq Ft: 63597.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 63597
  • PAGE: 153

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9085.52
  • Tax Book Number: 38426

MLS Schools

  • High School: Triton
  • Elementary School: Newbury
  • Middle Or Junior School: Triton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 15, 2021
Sold by
Remley 2015 Ft
Bought by
Henault Caitlin and Henault David
Seller's Agent
Celine Muldowney
Lamacchia Realty, Inc.
Buyer's Agent
Kathryn Gustafson
Arborview Realty Inc.
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%
Current Estimated Value
$1,682,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,705
Avg. Annual Appreciation
9.03%
Original Mortgage
$864,000
Outstanding Balance
$785,644
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$769,624

Purchase Details

Closed on
Apr 13, 2020
Sold by
Remley 2015 Ft
Bought by
Remley 2015 Ft

Purchase Details

Closed on
Jan 13, 2015
Sold by
Remley Cheryl E and Remley John F
Bought by
Remley Ft and Remley John F

Purchase Details

Closed on
Mar 1, 1991
Sold by
Frej Lawrence A
Bought by
Remley J Frank

Purchase Details

Closed on
Jun 25, 1990
Sold by
Upland Dev Tr
Bought by
Frej Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Henault Caitlin $1,080,000 None Available
Henault Caitlin $1,080,000 None Available
Remley 2015 Ft -- None Available
Remley 2015 Ft -- None Available
Remley Ft -- --
Remley Ft -- --
Remley J Frank $85,000 --
Remley J Frank $85,000 --
Frej Lawrence A $78,000 --
Frej Lawrence A $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henault Caitlin $864,000
Closed Henault Caitlin $864,000
Previous Owner Frej Lawrence A $166,500
Previous Owner Frej Lawrence A $150,000
Previous Owner Frej Lawrence A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $1,080,000 -1.8% $228 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,100,000 -- $233 / 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 $10,463 $1,404,400 $465,500 $938,900
2024 $10,037 $1,306,900 $398,900 $908,000
2023 $9,868 $1,138,200 $333,600 $804,600
2022 $9,369 $962,900 $290,000 $672,900
2021 $9,086 $852,300 $224,700 $627,600
2020 $9,006 $819,500 $218,200 $601,300
2019 $8,859 $819,500 $218,200 $601,300
2018 $8,471 $777,200 $218,200 $559,000
2017 $8,022 $756,100 $218,200 $537,900
2016 $8,387 $735,700 $218,200 $517,500
2015 $8,475 $735,700 $218,200 $517,500
2014 $8,032 $709,500 $192,000 $517,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72835321

MLS Property Information Network (MLS PIN)

APN: NEWB-000034R-000000-000053