NOT LISTED FOR SALE

2 Cottage Rd Newbury, MA 01951

Estimated Value: $847,000 - $1,428,581

0.93 Acre
$1,163,059 Price per Acre
40,511 Sq Ft Lot

Last Sold July 09, 2022

Last sale price $585,000

Est. 85% increase in value since last sale

Current estimated payment $6,495/month

10 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • 0.93 Acre Lot
  • Corner Lot
  • Park

About This Lot

As of July 2022

Beautifully situated in the coveted Lower Green area of Newbury this level cleared lot offers the opportunity to build your dream home. Close to all local amenities and to Old Town Hill and the Parker River boat launch, enjoy everything that this vibrant locale offers while also enjoying the bucolic county setting. A large barn awaits your design ideas. There is an approved 4-bedroom septic design in hand and the well has already been installed.

Last Agent to Sell the Property

Margaret Maher

William Raveis R.E. & Home Services Listed on: 04/11/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Gary VanGeyte

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,161

Lot Details

  • 0.93 Acre Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot
  • Cleared Lot

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • Marina
  • Park
  • Jogging Path
  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number M:0R11 B:0000 L:0070A,5154185

Property Details

Property Type

Land

Est. Annual Taxes

$4,161

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: A95602
  • MAIN SO: AN0992

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Utilities

  • Sewer: Private Sewer
  • Gas: None
  • Electric: At Street
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Conservation Area, House of Worship, Marina, Public School

Lot Info

  • Parcel Number: M:0R11 B:0000 L:0070A,5154185
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Corner Lot, Cleared, Lot Staked
  • Lot Size Acres: 0.93
  • Lot Size Area: 0.93
  • Lot Size Sq Ft: 40371
  • Lot Size Units: Acres
  • PAGE: 82

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4161
  • Tax Book Number: 40102

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Barry Russell $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2022 07/09/22 Sold $585,000 -6.4% --
04/22/2022 04/22/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $625,000 +10.6% --
07/21/2021 07/21/21 Sold $565,000 -5.7% --
07/02/2021 07/02/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $599,000 +6.0% --
06/14/2021 06/14/21 Off Market $565,000 -- --
06/01/2021 06/01/21 For Sale $599,000 -- --
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 $7,206 $967,200 $598,700 $368,500
2024 $6,671 $868,600 $545,200 $323,400
2023 $4,527 $522,200 $513,200 $9,000
2022 $4,161 $427,600 $427,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72965372

MLS Property Information Network (MLS PIN)

APN: NEWB M:0R11 B:0000 L:0070A