NOT LISTED FOR SALE

251 Merrimac St Newburyport, MA 01950

Estimated Value: $1,366,000 - $1,517,000

3 Beds
3 Baths
2,400 Sq Ft
$594/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $645,000 $269 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,657/month

147 Days on Market

About This Home

As of December 2012

Nearly complete, stunning total rehab of "1850" center-entrance Colonial. Excellent location, river views and close to the River Walk. Beautiful kitchen open to large family room with working fireplace. Nice master bedroom suite includes full bath, dressing area and walk in closet. Two additional spacious bedrooms. Front foyer with curved staircase, two more fireplaces, and wood floors throughout. Forced hot air/gas heat, central AC (split systems) and patio area in back.

Last Agent to Sell the Property

Michael Webber

Lamacchia Realty, Inc. Listed on: 07/13/2012

Last Buyer's Agent

Jessica Hargrave

Coldwell Banker Realty - Newburyport License #452001204

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,835

Year Built

1850

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Bedroom 2: Second Floor, 14X14
  • Bedroom 3: Second Floor, 14X12
  • Bathroom #1: First Floor, 6X5
  • Bathroom #2: Second Floor, 9X6
  • Bathroom #3: Second Floor, 9X5
  • Kitchen: First Floor, 14X11
  • Living Room: First Floor, 14X14
  • Master Bedroom: Second Floor, 15X14
  • Dining Room: First Floor, 15X14
  • Family Room: First Floor, 18X12

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2013
Sold by
Goodman Jeffrey N and Goodman Melissa G
Bought by
251 Merrimac St 1 Rt and Goodman Jeffery N
Current Estimated Value
$1,416,160

Purchase Details

Listed on
Jul 13, 2012
Closed on
Dec 6, 2012
Sold by
Kimberly Rt and Kutcher Bradley M
Bought by
Goodman Jeffrey N and Goodman Melissa G
Seller's Agent
Michael Webber
Lamacchia Realty, Inc.
Buyer's Agent
Jessica Hargrave
Coldwell Banker Realty - Newburyport
List Price
$679,000
Sold Price
$645,000
Premium/Discount to List
-$34,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$580,500
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2010
Sold by
Kosta Rt and Kosta Charles
Bought by
Kimberly Rt and Kutcher Bradley M
Source: Public Records

Range of Values:

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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
251 Merrimac St 1 Rt -- --
251 Merrimac St 1 Rt -- --
Goodman Jeffrey N $645,000 --
Goodman Jeffrey N $645,000 --
Kimberly Rt $360,000 --
Kimberly Rt $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jennifer $1,080,000
Closed Nelson Jennifer $1,080,000
Previous Owner Kimberly Rt $580,500
Previous Owner Kimberly Rt $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $645,000 -5.0% $269 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $679,000 -- $283 / 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 $10,835 $1,131,000 $0 $1,131,000
2024 $10,574 $1,060,600 $0 $1,060,600
2023 $10,531 $980,500 $0 $980,500
2022 $10,276 $855,600 $0 $855,600
2021 $10,199 $806,900 $0 $806,900
2020 $10,155 $790,900 $0 $790,900
2019 $9,801 $749,300 $0 $749,300
2018 $9,639 $726,900 $0 $726,900
2017 $9,345 $694,800 $0 $694,800
2016 $8,789 $656,400 $0 $656,400
2015 $8,372 $627,600 $0 $627,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71409136

MLS Property Information Network (MLS PIN)

APN: NEWP-000060-000038-A000000