NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,699,000

2 Beds
2 Baths
1,700 Sq Ft
$747/Sq Ft Est. Value

About This Home

This home is located at 247 Merrimac St, Newburyport, MA 01950 and is currently estimated at $1,269,593, approximately $746 per square foot. 247 Merrimac St is a home located in Essex County with nearby schools including Francis T. Bresnahan Elementary School, Edward G. Molin Elementary School, and Rupert A. Nock Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Gravelle Daniel and Yeomans Nacy A
Bought by
Gravelle Daniel and Yeomans Nancy A
Current Estimated Value
$1,269,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$251,578
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,018,015

Purchase Details

Closed on
Mar 7, 2005
Sold by
Gravelle Daniel
Bought by
Gravelle Daniel

Purchase Details

Closed on
Dec 2, 2002
Sold by
Catherwood Elizabeth
Bought by
Gravelle Daniel

Purchase Details

Closed on
Apr 22, 1996
Sold by
Turner Nancy I
Bought by
Catherwood Elizabeth

Purchase Details

Closed on
Jan 27, 1995
Sold by
Zingg Donald P and Zingg Catherine
Bought by
Catherwood Elizabeth and Turner Nancy

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gravelle Daniel -- None Available
Gravelle Daniel -- --
Gravelle Daniel $374,000 --
Catherwood Elizabeth $31,500 --
Catherwood Elizabeth $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravelle Daniel $100,000
Open Gravelle Daniel $470,000
Previous Owner Gravelle Daniel $50,000
Previous Owner Catherwood Elizabeth $25,000
Previous Owner Catherwood Elizabeth $540,000
Source: Public Records

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 $10,096 $1,053,900 $374,000 $679,900
2024 $9,578 $960,700 $340,000 $620,700
2023 $9,841 $916,300 $295,600 $620,700
2022 $9,304 $774,700 $246,400 $528,300
2021 $8,986 $710,900 $224,000 $486,900
2020 $8,848 $689,100 $224,000 $465,100
2019 $8,570 $655,200 $224,000 $431,200
2018 $8,289 $625,100 $213,300 $411,800
2017 $8,108 $602,800 $203,200 $399,600
2016 $8,023 $599,200 $193,500 $405,700
2015 $7,561 $566,800 $193,500 $373,300
Source: Public Records

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