NOT LISTED FOR SALE

177 Merrimac St Unit 2 Newburyport, MA 01950

Estimated Value: $864,000 - $964,000

3 Beds
3 Baths
2,343 Sq Ft
1790 Built

Last Sold November 19, 2014

Last sale price $422,500 $180 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,393/month

28 Days on Market

About This Home

As of November 2014

This amazing in-town townhouse has tons to offer with three bedrooms, two and a half baths and an amazing rooftop deck. The rooms in this home have a sense of volume that few homes boast. The current owners have cared for and improved this home with an eye for detail. The sun-soaked, well-appointed kitchen includes stainless steel appliances and breakfast bar. The home gets better as you get to each floor with the second floor consisting of two light-soaked bedrooms. An over-sized hallway continues the feeling of great space. The third floor does not disappoint. Large exposed beams along with a roof deck make it one of a kind. Outside you'll find two deeded parking spaces and a good sized Beacon Hill patio area.

Last Agent to Sell the Property

Kevin Fruh

Gibson Sotheby's International Realty Listed on: 09/09/2014

Gibson Sotheby's International Realty

Last Buyer's Agent

Eileen Gagnon

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,111

Year Built

1790

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1790

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping
  • Flooring: Wood, Pine
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 10X15
  • Bedroom 3: Third Floor, 24X25
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 14X14
  • Laundry Room: Second Floor
  • Living Room: First Floor, 14X16
  • Master Bedroom: Second Floor, 11X16
  • Dining Room: First Floor, 16X15

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Roof, Fenced Yard

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Association Fee Includes: Master Insurance
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 19, 2014
Sold by
Parato Michael and Parato Lisa
Bought by
Smith Kristen
Seller's Agent
Kevin Fruh
Gibson Sotheby's International Realty
Buyer's Agent
Eileen Gagnon
Gibson Sotheby's International Realty
List Price
$439,990
Sold Price
$422,500
Premium/Discount to List
-$17,490
-3.98%
Current Estimated Value
$901,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,266
Avg. Annual Appreciation
7.21%
Original Mortgage
$401,375
Outstanding Balance
$308,935
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$592,831

Purchase Details

Closed on
Jul 31, 2009
Sold by
Magnuson Keith R and Parato Michael
Bought by
Parato Michael

Purchase Details

Closed on
Dec 21, 2004
Sold by
Lapointe Elizabeth A and Lapointe Jeffrey J
Bought by
Parato Michael and Magnuson Keith R

Purchase Details

Closed on
Oct 8, 1998
Sold by
Webb Barry D and Webb Deborah W
Bought by
Lapointe Jeffrey J and Lapointe Elizabeth A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Kristen $422,500 --
Parato Michael -- --
Parato Michael $380,000 --
Lapointe Jeffrey J $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kristen $401,375
Previous Owner Lapointe Jeffrey J $283,000
Previous Owner Lapointe Jeffrey J $287,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2014 11/19/14 Sold $422,500 0.0% $180 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/24/2014 09/24/14 Off Market $422,500 -- --
09/09/2014 09/09/14 For Sale $439,990 -- $188 / 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 $7,111 $742,300 $0 $742,300
2024 $6,934 $695,500 $0 $695,500
2023 $6,899 $642,400 $0 $642,400
2022 $6,720 $559,500 $0 $559,500
2021 $6,669 $527,600 $0 $527,600
2020 $6,637 $516,900 $0 $516,900
2019 $6,121 $468,000 $0 $468,000
2018 $6,017 $453,800 $0 $453,800
2017 $5,829 $433,400 $0 $433,400
2016 $5,477 $409,000 $0 $409,000
2015 $5,212 $390,700 $0 $390,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71740706

MLS Property Information Network (MLS PIN)

APN: NEWP-000052-000062-B000000