NOT LISTED FOR SALE

Estimated Value: $967,000

7 Beds
5 Baths
3,140 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $713,000 $227 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,815/month

29 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Medical Services
  • Newburyport High School Rated A-
  • Community Stables
  • 5-minute walk to Waterfront Park

About This Home

As of October 2022

This is one of two properties being sold together 26 Market is being sold with 22-24.These two iconic buildings, known as the Market Street Inn, are being sold together. 26 Market St. is a legal 2 family and 22-24 Market St. is also a legal 2-family. Looking to retire and own an Inn? This could be the place. Lots of New England charm in downtown Newburyport. Enjoy the waterfront , restaurants and all the city has to offer at your doorstep. The parking reflects a total of 3 spots between the two buildings. The city parking garage is one block away.

Last Agent to Sell the Property

Michael Webber

Lamacchia Realty, Inc. Listed on: 03/10/2021

Co-Listed By

Jennifer Germain

Realty One Group Nest

Last Buyer's Agent

Damon Amato

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,111

Year Built

  • Built in 1780

Lot Details

  • 3,049 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,140 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Screened Porch

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,111

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1780
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 3140
  • Stories Total: 3
  • MAIN LO: C95006
  • LIST PRICE PER Sq Ft: 557.32
  • PRICE PER Sq Ft: 227.07
  • MAIN SO: AN1199

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Screened, Patio
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Zoning: B3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • PAGE: 0373
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8111
  • Tax Book Number: 25993

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
22 Market St Nt and Legare
Bought by
Idyllic Asset Mgmt Llc
Current Estimated Value
$967,000

Purchase Details

Closed on
Aug 17, 2006
Sold by
Market&Pleasant Llc
Bought by
Market Street Inn Llc
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
Idyllic Asset Mgmt Llc -- None Available
Idyllic Asset Mgmt Llc -- None Available
Market Street Inn Llc -- --
Market Street Inn Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 22 Market St Nt $1,472,800
Previous Owner Weaver W Timothy $25,000
Previous Owner Weaver W Timothy $140,000
Previous Owner Weaver W Timothy $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $713,000 -59.3% $227 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $1,750,000 -- $557 / 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 $5,504 $574,500 $312,700 $261,800
2024 $5,230 $524,600 $363,600 $161,000
2023 $8,843 $823,400 $316,200 $507,200
2022 $8,444 $703,100 $263,500 $439,600
2021 $8,111 $641,700 $239,500 $402,200
2020 $7,924 $617,100 $239,500 $377,600
2019 $7,266 $555,500 $239,500 $316,000
2018 $7,148 $539,100 $228,100 $311,000
2017 $6,542 $486,400 $217,200 $269,200
2016 $6,315 $471,600 $197,900 $273,700
2015 $5,887 $441,300 $197,900 $243,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72795934

MLS Property Information Network (MLS PIN)

APN: NEWP-000047-000054