NOT LISTED FOR SALE

20R Old Point Rd Newbury, MA 01951

Estimated Value: $980,511 - $1,361,000

6 Beds
2 Baths
2,075 Sq Ft
$558/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $420,000 $202 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $6,658/month

65 Days on Market

About This Home

As of August 2015

Calling all beach-goers, kayakers, paddleboard enthusiasts, surfers, boaters, birdwatchers, and of course, foodies! This lovely two family, income-producing property on scenic Plum Island could be yours. The house boasts expansive marsh views to the West and sand dunes to the East. So relax on either deck and marvel at the spectacular sunsets and rejuvenating sunrises every day, year round! The open ocean is just a few hundred yards away. Each unit has three bedrooms, one bath, living room, dining and full kitchen. Top unit has fireplace, front and back deck views. Lower unit has additional sunroom, and large outside patio area with tons of privacy. Be it used as your home, vacation or an income property, this space has so much potential! Enjoy all that Plum Island has to offer!

Last Agent to Sell the Property

Dale Grasso

RE/MAX Bentley's Listed on: 05/21/2015

RE/MAX Bentley's

Last Buyer's Agent

Catherine Duff

Coldwell Banker Realty - Haverhill

Coldwell Banker Realty - Haverhill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

1972

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 12

Exterior Features

  • Foundation: Concrete Block
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R4

Multi Family

  • Total Bedrooms: 6
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 12
  • Total Rent_1: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Brush Daniel M and Brush Nicole S
Bought by
Bakhtiari Michael R
Current Estimated Value
$1,158,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,225
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
May 21, 2015
Closed on
Aug 24, 2015
Sold by
Georges Paul R
Bought by
Brush Daniel M and Brush Nicole S
Seller's Agent
Dale Grasso
RE/MAX Bentley's
Buyer's Agent
Catherine Duff
Coldwell Banker Realty - Haverhill
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$336,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1999
Sold by
Joe Thomas A and Smith-Joe Margaret
Bought by
Georges Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bakhtiari Michael R $619,000 None Available
Bakhtiari Michael R $619,000 None Available
Bakhtiari Michael R $619,000 None Available
Brush Daniel M $420,000 --
Brush Daniel M $420,000 --
Brush Daniel M $420,000 --
Georges Paul R $210,000 --
Georges Paul R $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakhtiari Michael R $478,225
Previous Owner Brush Daniel M $336,000
Previous Owner Georges Paul R $157,500
Closed Georges Paul R $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2015 08/24/15 Sold $420,000 -4.3% $202 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $439,000 -- $212 / 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 $6,684 $897,200 $569,300 $327,900
2024 $6,246 $813,300 $531,300 $282,000
2023 $5,104 $588,700 $346,300 $242,400
2022 $5,640 $579,700 $294,100 $285,600
2021 $4,798 $450,100 $246,700 $203,400
2020 $4,529 $412,100 $208,700 $203,400
2019 $4,455 $412,100 $208,700 $203,400
2018 $4,415 $405,000 $219,700 $185,300
2017 $4,221 $397,800 $219,700 $178,100
2016 $4,541 $398,300 $219,700 $178,600
2015 -- $377,400 $199,700 $177,700
2014 $4,200 $371,000 $199,700 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71841429

MLS Property Information Network (MLS PIN)

APN: NEWB-000002U-000000-000144