Seller's Agent in 2021
Lynne Hendricks
Realty One Group Nest
(978) 518-7369
14 in this area
85 Total Sales
233 Merrimac St Newburyport, MA 01950
High Street Neighborhood NeighborhoodEstimated Value: $599,000 - $1,474,000
9
Beds
3.5
Baths
5,560
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Colonial Architecture
- Newburyport High School Rated A-
- Waterfront
- 3-minute walk to Cashman Park
About This Home
As of October 2021This is one of two attached, deeded properties being sold together totaling 3 units. 233 Merrimac St. is a deeded half house and is being sold with 235-237 Merrimac St., a legal 2-family. This grand, Federalist-style home has been owned and occupied by the same family for 104 years, with high ceilings, hardwood floors, and lovely period features throughout. The historic anchor of a once-thriving riverfront neighborhood, this stately home retains the charm of a bygone era, sitting opposite the historic Towle Building and a stones throw from the waterfront footpath that meanders through Cashman Park to the bustling downtown cafes, shops and restaurants. 233 Merrimac enjoys 2 tandem off-street parking spots, and a wrap-around screened, covered sun porch overlooking an expansive backyard and garden. 235-237 Merrimac has 4 off-street parking spots. Separate heating systems (newer) and utilities for all 3 units. Entire building has a total of 5560 square feet.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,927
Year Built
- Built in 1800
Lot Details
- 4,792 Sq Ft Lot
- Waterfront
- Near Conservation Area
- Wooded Lot
Parking
- 6 Car Parking Spaces
Home Design
- Triplex
- Colonial Architecture
- Federal Architecture
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 5,560 Sq Ft Home
- 8 Fireplaces
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
Location
- Property is near public transit
- Property is near schools
Schools
- Bresnahan Elementary School
- Rupert Nock Middle School
- Nbpt High School
Utilities
- 3 Heating Zones
Listing and Financial Details
- Total Actual Rent $900
- Assessor Parcel Number M:0057 B:0014 L:0000
Community Details
Overview
- 3 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $10,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2021
Closed on
Oct 7, 2021
Sold by
Mantarian Brian K and Mantarian Jeanne L
Bought by
Arela Llc
Seller's Agent
Lynne Hendricks
Realty One Group Nest
Buyer's Agent
Lynne Hendricks
Realty One Group Nest
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Total Days on Market
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,509
Avg. Annual Appreciation
-3.83%
Original Mortgage
$600,000
Outstanding Balance
$553,046
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$400,835
Purchase Details
Closed on
Jun 9, 2015
Sold by
Mantarian Maude H and Mantarian Helen M
Bought by
Moy Janice L and Mantarian Jeanne L
Purchase Details
Closed on
Apr 11, 2013
Sold by
Mantarian Maude H
Bought by
Mantarian Maude H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arela Llc | $500,000 | None Available | |
| Moy Janice L | -- | -- | |
| Mantarian Maude H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arela Llc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $1,100,000 | -8.3% | $198 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 07/12/2021 07/12/21 | Price Changed | $1,200,000 | -11.1% | $216 / Sq Ft |
| 05/26/2021 05/26/21 | For Sale | $1,350,000 | -- | $243 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,981 | $519,900 | $104,900 | $415,000 |
| 2024 | $4,748 | $476,200 | $104,900 | $371,300 |
| 2023 | $4,914 | $457,500 | $104,900 | $352,600 |
| 2022 | $5,405 | $450,000 | $104,900 | $345,100 |
| 2021 | $4,635 | $366,700 | $104,900 | $261,800 |
| 2020 | $4,402 | $342,800 | $104,900 | $237,900 |
| 2019 | $4,484 | $342,800 | $104,900 | $237,900 |
| 2018 | $4,396 | $331,500 | $104,900 | $226,600 |
| 2017 | $4,321 | $321,300 | $104,900 | $216,400 |
| 2016 | $4,316 | $322,300 | $96,100 | $226,200 |
| 2015 | -- | $306,400 | $96,100 | $210,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lynne Hendricks
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72838410
APN: NEWP-000057-000014
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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