NOT LISTED FOR SALE

249 Merrimac St Unit 3 Newburyport, MA 01950

Estimated Value: $471,000 - $632,000

1 Bed
1 Bath
1,222 Sq Ft
$296/mo HOA Fee

Last Sold June 20, 2023

Last sale price $440,000 $360 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,659/month

16 Days on Market

Highlights

  • Marina
  • Medical Services
  • Tennis Courts
  • Newburyport High School Rated A-
  • Property is near public transit
  • 5-minute walk to Cashman Park

About This Home

As of June 2023

Filled with natural light and panoramic views of the Merrimac River & Gillis Memorial Bridge, this large, one bedroom condo offers an open floor plan, plenty of storage and off street parking. Freshly painted and new carpets! The large living area offers beautiful views from every angle, as you lounge in the living room, or enjoy a meal from the eat-in dining nook. There are so many ways to enjoy this top floor condo with over 1,200sqft! Shared laundry is conveniently located in the basement, but there is potential to add laundry in-unit. All of this, primely located moments from Historical Downtown Newburyport's waterfront, restaurants, Boardwalk and shopping. Cashman Park is just across the street with access to the Rail Trail and the public boat ramp. And Moseley Woods conveniently located down the street for those who enjoy the trails in the woods.

Last Agent to Sell the Property

Frank Bertolino

eXp Realty Listed on: 04/17/2023

eXp Realty

Last Buyer's Agent

Jean Soucy

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1800

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bresnahan Elementary School
  • Nock Middle School
  • Nbpt High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 2088339

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal
  • 5 Units
  • River View Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,077

Year Built

Built in 1800

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1800
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Basement: Y
  • Living Area: 1222
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 367.43
  • PRICE PER Sq Ft: 360.07
  • MAIN SO: AN4850

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 295.92
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 2088339
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 139
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4077.4
  • Tax Book Number: 8576

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Nbpt High
  • Elementary School: Bresnahan
  • Middle Or Junior School: Nock Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 20, 2023
Sold by
Galcor Rt and Hughes
Bought by
Lamborghini Nita M
Seller's Agent
Frank Bertolino
eXp Realty
Buyer's Agent
Jean Soucy
William Raveis Real Estate
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Views
183
Current Estimated Value
$569,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,810
Avg. Annual Appreciation
14.16%
Original Mortgage
$240,000
Outstanding Balance
$235,089
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$359,274

Purchase Details

Closed on
Oct 20, 1986
Bought by
Hughes C A and Hughes Sullivan K
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
Lamborghini Nita M $440,000 None Available
Hughes C A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamborghini Nita M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $440,000 -2.0% $360 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $449,000 -- $367 / 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 $4,245 $443,100 $0 $443,100
2024 $4,862 $487,700 $0 $487,700
2023 $4,184 $389,600 $0 $389,600
2022 $4,077 $339,500 $0 $339,500
2021 $2,687 $320,200 $0 $320,200
2020 $4,029 $313,800 $0 $313,800
2019 $3,886 $297,100 $0 $297,100
2018 $3,820 $288,100 $0 $288,100
2017 $3,701 $275,200 $0 $275,200
2016 $3,479 $259,800 $0 $259,800
2015 $3,312 $248,300 $0 $248,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73098606

MLS Property Information Network (MLS PIN)

APN: NEWP-000057-000041-C000000