NOT LISTED FOR SALE

2 Summit Place Newburyport, MA 01950

Estimated Value: $1,148,000 - $1,504,000

3 Beds
2 Baths
2,373 Sq Ft
$570/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $340,000 $143 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $8,062/month

303 Days on Market

About This Home

As of February 2013

Victorian with many original features: Original woodwork and floors, carved cherry mantles, stained glass window in hall, and original tin roof. Covered Side porch offers shaded reading and entertaining space. Yard is perfect for gardens, grill, shed, and patio. 2 parlors allow for office or TV room off Dining room. 2 additional heated maid's rooms on 3rd floor. Bring your updates to this home. Short sale requiring 3rd party approval. Professional Negotiator involved. New price reflects BPO.

Last Agent to Sell the Property

Lea Cabeen

Keller Williams Realty Evolution License #452000493 Listed on: 04/15/2012

Keller Williams Realty Evolution

Last Buyer's Agent

Kristen Leone

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,745

Year Built

1869

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1869

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, Highway Access, Private School, Public School
  • Energy: Storm Windows
  • Flooring: Wood
  • Insulation: Partial
  • Interior Amenities: Walk-up Attic
  • Basement: Full, Dirt Floor, Concrete Floor
  • Bedroom 2: Second Floor, 14X12
  • Bedroom 3: Second Floor, 13X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 15X14
  • Living Room: First Floor, 13X12
  • Master Bedroom: Second Floor, 17X12
  • Master Bedroom Description: Hard Wood Floor, Bay/Bow Windows
  • Dining Room: First Floor, 13X13
  • Family Room: First Floor, 13X13

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 1
  • Utility Connections: for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2012
Closed on
Feb 13, 2013
Sold by
Smith Kenneth
Bought by
Coffey Brendan P and Coffey Jeanne E
Seller's Agent
Lea Cabeen
Keller Williams Realty Evolution
Buyer's Agent
Kristen Leone
Berkshire Hathaway HomeServices Verani Realty
List Price
$410,000
Sold Price
$340,000
Premium/Discount to List
-$70,000
-17.07%
Current Estimated Value
$1,351,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,826
Avg. Annual Appreciation
10.94%
Original Mortgage
$68,000
Interest Rate
3.58%

Purchase Details

Closed on
Feb 2, 2007
Sold by
Poddar Rohit
Bought by
Smith Kenneth

Purchase Details

Closed on
Sep 21, 2006
Sold by
John Andersson Thomas and Ahlgren Jonas
Bought by
Poddar Rohit

Purchase Details

Closed on
Jan 10, 1996
Sold by
Jarvis Martha
Bought by
Andersson Thomas
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Coffey Brendan P $340,000 --
Smith Kenneth $550,000 --
Poddar Rohit $469,500 --
Andersson Thomas $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersson Thomas $68,000
Open Coffey Brendan P $272,000
Previous Owner Andersson Thomas $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2013 02/13/13 Sold $340,000 -17.1% $143 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $410,000 +20.6% $173 / Sq Ft
12/31/2012 12/31/12 Off Market $340,000 -- --
07/12/2012 07/12/12 Price Changed $410,000 -8.9% $173 / Sq Ft
04/15/2012 04/15/12 For Sale $450,000 -- $190 / 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 $10,745 $1,121,600 $409,900 $711,700
2024 $10,185 $1,021,600 $372,600 $649,000
2023 $10,450 $973,000 $324,000 $649,000
2022 $9,864 $821,300 $270,000 $551,300
2021 $9,470 $749,200 $245,500 $503,700
2020 $9,324 $726,200 $245,500 $480,700
2019 $9,033 $690,600 $245,500 $445,100
2018 $8,732 $658,500 $233,800 $424,700
2017 $8,535 $634,600 $222,600 $412,000
2016 $8,232 $614,800 $202,800 $412,000
2015 $8,012 $600,600 $202,800 $397,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71367703

MLS Property Information Network (MLS PIN)

APN: NEWP-000038-000074