NOT LISTED FOR SALE

16 Spring St Newburyport, MA 01950

Estimated Value: $1,004,808 - $1,340,000

3 Beds
3 Baths
1,750 Sq Ft
$672/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $445,000 $254 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,107/month

4 Days on Market

About This Home

As of January 2013

In an area of million dollar single family homes, this historic row house is the only multi family. Never a vacancy, within blocks of the town center and harbor. Three units, (one/floor) coin op.laundryroom, and a full stand up attic for future expansion. Seperate utilities, furnished kitchens, recent improvements; new hot water heaters,painted inside and out,upgraded heaters,two remodeled units incl. kitchens and baths, etc. Great area for single family or condo conversion.Below market rents.

Last Agent to Sell the Property

Beth Oconnor

Beth OConnor Realty Group License #448501283 Listed on: 01/13/2013

Last Buyer's Agent

Sharon Cronin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,975

Year Built

1889

Lot Details

0

Listing Details

  • Lot Description: Level, Other (See Remarks)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1889

Interior Features

  • Has Basement: No
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Other (See Remarks)
  • Electric: Individually Metered
  • Energy: Storm Windows, Storm Doors, Prog. Thermostat
  • Flooring: Wood, Wall to Wall Carpet, Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Gutters, Screens, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heat Zones: 5
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2013
Closed on
Jan 17, 2013
Sold by
Oconnor Beth and Gardner Anne
Bought by
Young Christopher T and Young Karen R
Seller's Agent
Beth Oconnor
Beth OConnor Realty Group
Buyer's Agent
Sharon Cronin
Gibson Sotheby's International Realty
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Current Estimated Value
$1,176,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,528
Avg. Annual Appreciation
8.04%
Original Mortgage
$333,750
Outstanding Balance
$237,158
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$938,778

Purchase Details

Closed on
Mar 23, 2006
Sold by
Gmk Rt
Bought by
Oconnor Beth and Gardner Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Young Christopher T $445,000 --
Oconnor Beth $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Christopher T $333,750
Previous Owner Gmk Rt $319,200
Previous Owner Gmk Rt $110,000
Previous Owner Gmk Rt $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $445,000 -1.1% $254 / Sq Ft
01/13/2013 01/13/13 For Sale $449,900 -- $257 / 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 $7,975 $832,500 $348,500 $484,000
2024 $7,688 $771,100 $316,800 $454,300
2023 $7,616 $709,100 $275,500 $433,600
2022 $7,608 $633,500 $229,600 $403,900
2021 $7,308 $578,200 $208,700 $369,500
2020 $7,118 $554,400 $208,700 $345,700
2019 $6,505 $497,300 $208,700 $288,600
2018 $6,403 $482,900 $198,800 $284,100
2017 $5,844 $434,500 $189,300 $245,200
2016 $5,564 $415,500 $172,500 $243,000
2015 $4,832 $362,200 $172,500 $189,700
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: 71471686

MLS Property Information Network (MLS PIN)

APN: NEWP-000016-000015