NOT LISTED FOR SALE

266 Merrimac St Unit D Newburyport, MA 01950

Estimated Value: $1,395,000 - $1,698,000

2 Beds
2 Baths
2,580 Sq Ft
$612/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $885,000 $343 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,598/month

41 Days on Market

Highlights

  • Marina View
  • Engineered Wood Flooring
  • Forced Air Heating and Cooling System
  • Newburyport High School Rated A-
  • Security Service
  • 4-minute walk to Cashman Park

About This Home

As of November 2019

Built to take advantage of spectacular water views, with exclusive outdoor space on every level.This is the place to be! Enjoy living and relaxing in a fabulous location and setting at the water. A place where you can go right out your door and stroll along the waterfront to downtown Newburyport on the Rail Trail and Harborwalk, have access to boating, and Cashman Park. Open floor plan, breathtaking sunrises with morning light that drifts throughout. Contemporary townhouse recently built in a completed 15 unit complex. Main level has a stunning, well appointed kitchen, fabulously open to living and dining spaces and doors to the deck. Second bdrm, full tiled bath and laundry. The first level has a large tiled foyer with garage access, and leads to the family room with French doors that bring you to a private patio and fenced yard with lawn. Impressive, tranquil 3rd floor master suite with balcony. Convenient to highway, commuter rail, Plum Island Beaches and the Wildlife sanctuary.

Last Agent to Sell the Property

John Farrell

Coldwell Banker Realty - Beverly Listed on: 09/16/2019

Coldwell Banker Realty - Beverly

Co-Listed By

Cindy Farrell

Coldwell Banker Realty - Beverly License #454001828

Last Buyer's Agent

John Farrell

Coldwell Banker Realty - Beverly Listed on: 09/16/2019

Coldwell Banker Realty - Beverly

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,109

Year Built

  • Built in 2016

Lot Details

  • Year Round Access

Parking

  • 2 Car Garage

Property Views

  • Marina
  • River

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Internet Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0058 B:0009A L:0009

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,109

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Attached
  • Year Built Description: Actual
  • List Price Per Sq Ft: 368.22
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2016
  • Year Round: Yes
  • Unit Building: D
  • Unit Level: 1
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2016

Interior Features

  • Flooring: Tile, Hardwood, Engineered Hardwood
  • Interior Amenities: Security System, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 16X22, Bathroom - Full, Skylight, Closet - Walk-in, Flooring - Hardwood, Balcony - Exterior, Recessed Lighting, Slider
  • Bedroom 2: On Level: Second Floor, Dimension: 14X9, Closet - Walk-in, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 5X8, Bathroom - Full, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Bathroom 2: On Level: Third Floor, Dimension: 11X9, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
  • No Rooms: 5
  • Dining Room: On Level: Second Floor
  • Family Room: On Level: First Floor, Dimension: 17X15, Closet - Walk-in, Flooring - Wood, French Doors, Exterior Access, Recessed Lighting
  • Kitchen: On Level: Second Floor, Dimension: 11X23, Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floor Plan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
  • Laundry: On Level: Second Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: Second Floor, Dimension: 11X23
  • Basement: Y
  • Other Room 1: Name: Foyer, On Level: First Floor, Dimension: 11X12, Closet, Flooring - Stone/Ceramic Tile
  • No Living Levels: 2
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 2580.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Waterview Features: Marina, Public, River, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Fiber Cement Siding
  • Insulation Feature: Full
  • Exterior Unit Features: Deck - Composite, Patio

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Guest, Paved Driveway
  • Parking Spaces: 2
  • Garage Parking: Attached, Detached, Garage Door Opener, Deeded
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station
  • HOA Fees: 716.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Landing Condominimum

Schools

  • Elementary School: Molin ES
  • Middle School: Nock Middle
  • High School: Newburyport HS

Lot Info

  • Assessments: 1082800.00
  • Acre: 5.76
  • Lot Size: 251116.00
  • Page: 590
  • Parcel Number: M:0058 B:0009A L:0009
  • Zoning: R2
  • Master Book: 35780
  • Master Page: 403

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 14163.00
  • Assessor Parcel Number: 4998660

Multi Family

  • No Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 4, 2019
Sold by
Collins Lee A
Bought by
Higgins Robert W and Nicosia Kenneth A
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
John Farrell
Coldwell Banker Realty - Beverly
List Price
$995,000
Sold Price
$885,000
Premium/Discount to List
-$110,000
-11.06%
Current Estimated Value
$1,579,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,367
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Jun 23, 2017
Closed on
Nov 10, 2017
Sold by
Newburyport Landing Ll
Bought by
Collins Lee A
Seller's Agent
Kevin Wallace
Realty One Group Nest
Buyer's Agent
Ronni Wexler
Realty One Group Nest
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.06%
Original Mortgage
$300,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Higgins Robert W $885,000 --
Collins Lee A $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Lee A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $885,000 -6.8% $343 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $950,000 -2.6% $368 / Sq Ft
10/12/2019 10/12/19 Price Changed $975,000 -2.0% $378 / Sq Ft
09/16/2019 09/16/19 For Sale $995,000 -17.1% $386 / Sq Ft
11/10/2017 11/10/17 Sold $1,200,000 -7.7% $581 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,300,000 -- $630 / 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 $12,109 $1,264,000 $0 $1,264,000
2024 $11,944 $1,198,000 $0 $1,198,000
2023 $12,021 $1,119,300 $0 $1,119,300
2022 $11,850 $986,700 $0 $986,700
2021 $12,980 $1,026,900 $0 $1,026,900
2020 $14,527 $1,131,400 $0 $1,131,400
2019 $9,720 $1,082,800 $0 $1,082,800
2018 $12,451 $939,000 $0 $939,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72565716

MLS Property Information Network (MLS PIN)

APN: 58 9 A 9