NOT LISTED FOR SALE

3 Otis Place Newburyport, MA 01950

Estimated Value: $721,000 - $785,000

2 Beds
2 Baths
1,384 Sq Ft
1850 Built

Last Sold December 22, 2014

Last sale price $360,000 $260 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,520/month

117 Days on Market

About This Home

As of December 2014

Location, Location, location. Beautiful Victorian townhouse tucked away on a quiet, dead-end street just steps from downtown Newburyport and the waterfront. Enjoy your morning coffee on the back deck overlooking a Beacon Hill-style back yard. Spacious rooms, high ceilings, newly refinished pine floors and updated kitchen with new cabinets and bamboo flooring. Two spacious bedrooms and large walk-up attic which is insulated and ready to be finished as a guest suite or home office. Full basement with laundry hookup and room for your workshop or as additional storage. Updated mechanicals and off street parking. Make the in-town Newburyport lifestyle a reality!

Last Agent to Sell the Property

Kevin Wallace

Realty One Group Nest Listed on: 08/07/2014

Realty One Group Nest

Last Buyer's Agent

Kathy Cronin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,671

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: 100 Amps
  • Energy: Storm Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Walk-up Attic
  • Bedroom 2: Second Floor, 13X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 13X12
  • Living Room: First Floor, 13X13
  • Master Bedroom: Second Floor, 13X12
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 13X13

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck, Patio, Fenced Yard, Garden Area

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Association Fee Includes: N/A
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Dec 22, 2014
Sold by
Schofield Elizabeth
Bought by
Clausen Aaron S and Clausen Anne M
Seller's Agent
Kevin Wallace
Realty One Group Nest
Buyer's Agent
Kathy Cronin
Gibson Sotheby's International Realty
List Price
$429,900
Sold Price
$360,000
Premium/Discount to List
-$69,900
-16.26%
Current Estimated Value
$748,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,486
Avg. Annual Appreciation
7.07%
Original Mortgage
$306,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1987
Sold by
Oconnor Jean L
Bought by
Pettit Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
11.27%
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
Clausen Aaron S $360,000 --
Pettit Elizabeth $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clausen Aaron S $268,000
Closed Oconnor Jean L $306,000
Previous Owner Oconnor Jean L $25,000
Previous Owner Oconnor Jean L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $360,000 0.0% $260 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/19/2014 11/19/14 Off Market $360,000 -- --
10/28/2014 10/28/14 Price Changed $374,900 -6.3% $271 / Sq Ft
09/08/2014 09/08/14 Price Changed $399,900 -7.0% $289 / Sq Ft
08/07/2014 08/07/14 For Sale $429,900 -- $311 / 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 $5,671 $592,000 $0 $592,000
2024 $5,533 $555,000 $0 $555,000
2023 $5,509 $512,900 $0 $512,900
2022 $5,372 $447,300 $0 $447,300
2021 $5,334 $422,000 $0 $422,000
2020 $5,311 $413,600 $0 $413,600
2019 $5,123 $391,700 $0 $391,700
2018 $5,039 $380,000 $0 $380,000
2017 $4,884 $363,100 $0 $363,100
2016 $4,593 $343,000 $0 $343,000
2015 $4,373 $327,800 $0 $327,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71726158

MLS Property Information Network (MLS PIN)

APN: NEWP-000014-000014-A000000