NOT LISTED FOR SALE

20R Old Point Rd Newbury, MA 01951

Estimated Value: $979,000 - $1,342,000

6 Beds
2 Baths
2,075 Sq Ft
$540/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $619,000 $298 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,437/month

18 Days on Market

Highlights

  • Deck
  • Patio
  • Property fronts a marsh
  • Balcony
  • Tile Flooring
  • Storage Shed

About This Home

As of September 2020

It's time to let the waves hit your feet and the sand hit your seat! Rare, true, multi family offering on a spectacular, secluded scenic lot on the North Shore's coveted Plum Island. This home offers 2 one-level units for a total of 6 Beds! Monthly rentals in the summer are a breeze, and can provide you with $12K of income a month!! The top unit boasts a new kitchen with granite counters, stainless appliances and tile floor. With 2 decks overlooking the protected sand dunes and marsh, you can peacefully watch the infamous Plum Island sunsets and sunrises from the comfort of your home. The lower level makes it easy to live the beach lifestyle with new vinyl flooring throughout, a Mud Room perfect for beach days, and a Sun Room and Patio with uncompromising views of the dunes! This little paradise is just a short 5 minute walk to PI's restaurants, shops and of course the beach! Don't miss this chance to enjoy all Plum Island has to offer and start living your island dream!

Last Agent to Sell the Property

Deanna Shelley

RE/MAX Bentley's Listed on: 06/05/2020

RE/MAX Bentley's

Last Buyer's Agent

Sean Bakhtiari

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1972

Lot Details

  • Property fronts a marsh
  • Year Round Access

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0U02 B:0000 L:00144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 303.13
  • Comp Based On: Net Sale Price
  • Year Built: 1972
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Vinyl
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Main Lo: AN2888
  • Main So: AN4550
  • Estimated Sq Ft: 2075.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Marsh
  • Waterview Flag: Yes
  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Balcony, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Dryer

Schools

  • Elementary School: Newbury
  • Middle School: Triton
  • High School: Triton

Lot Info

  • Assessments: 412100.00
  • Acre: 0.11
  • Lot Size: 4901.00
  • Page: 493
  • Parcel Number: M:0U02 B:0000 L:00144
  • Zoning: AR4
  • Lot Description: Level, Marsh, Scenic View(s)

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 12000
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4529.00
  • Assessor Parcel Number: 2081259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2015
Sold by
Georges Paul R
Bought by
Brush Daniel M and Brush Nicole S
Current Estimated Value
$1,064,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

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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
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
Open Bakhtiari Michael R $130,000
Open Bakhtiari Michael R $478,225
Closed Bakhtiari Michael R $478,225
Closed Brush Daniel M $34,000
Closed Brush Daniel M $333,000
Closed 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 Change Sq Ft Price
09/11/2020 09/11/20 Sold $619,000 -1.6% $298 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $629,000 -- $303 / 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: 72668295

MLS Property Information Network (MLS PIN)

APN: NEWB-000002U-000000-000144