NOT LISTED FOR SALE

26 Market St Newburyport, MA 01950

Estimated Value: $1,037,000 - $1,215,171

3 Beds
3 Baths
2,240 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $600,000 $268 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,783/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

  • $6,752

Year Built

  • Built in 1850

Lot Details

  • 2,614 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 2087447

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

$6,752

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • 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), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Living Area: 2240
  • Stories Total: 3
  • MAIN LO: C95006
  • LIST PRICE PER Sq Ft: 781.25
  • PRICE PER Sq Ft: 267.86
  • MAIN SO: AN1199

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Heating YN: Yes
  • 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

  • Parcel Number: 2087447
  • Zoning: B3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2614
  • Lot Size Units: Acres
  • PAGE: 0375
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6752
  • 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
Oct 8, 2008
Sold by
Birch Llc
Bought by
Market Street Inn Llc
Current Estimated Value
$1,103,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
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
Market Street Inn Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26 Market St Nt $185,402
Open 26 Market St Nt $1,035,000
Previous Owner Market Street Inn Llc $1,525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $600,000 -65.7% $268 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $1,750,000 -- $781 / 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 $9,265 $967,100 $381,300 $585,800
2024 $6,498 $651,800 $346,600 $305,200
2023 $28,220 $647,200 $301,400 $345,800
2022 $4,196 $608,000 $251,200 $356,800
2021 $5,065 $554,600 $228,300 $326,300
2020 $5,145 $534,200 $228,300 $305,900
2019 $5,103 $483,300 $228,300 $255,000
2018 $5,067 $468,500 $217,500 $251,000
2017 $4,935 $423,500 $207,100 $216,400
2016 $5,472 $408,700 $188,700 $220,000
2015 $5,117 $383,600 $188,700 $194,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72795938

MLS Property Information Network (MLS PIN)

APN: NEWP-000047-000059