NOT LISTED FOR SALE

32 Union St Newburyport, MA 01950

Estimated Value: $2,861,799 - $3,442,000

0.64 Acre
$4,899,141 Price per Acre
27,878 Sq Ft Lot

Last Sold September 28, 2016

Last sale price $550,250 $138 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $19,026/month

177 Days on Market

Highlights

  • Marina
  • Medical Services
  • 0.64 Acre Lot
  • Newburyport High School Rated A-
  • Waterfront
  • 1-minute walk to Perkins Playground

About This Lot

As of September 2016

Amazing Opportunity to own a Premier lot in Newburyport's South End. Not only does this lot possess gorgeous water views of Newburyport Harbor and Joppa, but at over a half acre, it allows an opportunity to build an expansive dream home. Plans have already been developed by a local esteemed architect for a 4 bedroom, 4,000+ sq/ft home that can be included in the sale. Enjoy Newburyport's Shops, Fine Dining, Parks, Rail Trail, Beaches, and Wildlife Sanctuary...you can have it all!

Last Agent to Sell the Property

Jon Growitz

Realty One Group Nest Listed on: 02/18/2016

Realty One Group Nest

Last Buyer's Agent

Mary Parisella

RE/MAX Bentley's

RE/MAX Bentley's

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,187

Lot Details

  • 0.64 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Property is zoned R2

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:0031 B:0029A L:0000,2086193

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,187

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C95039
  • MAIN SO: C95236

Exterior Features

  • Fencing: Fenced/Enclosed
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Public Sewer, At Street
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:0031 B:0029A L:0000,2086193
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.64
  • Lot Size Area: 0.64
  • Lot Size Sq Ft: 27878.4
  • Lot Size Units: Acres
  • LOT SIZE: 27841
  • PAGE: 175

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3187
  • Tax Book Number: 33687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Gorman Homes Llc
Bought by
Cu 2020 Nt
Current Estimated Value
$3,100,097

Purchase Details

Closed on
May 25, 2018
Sold by
32 Union Llc
Bought by
Gorman Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2016
Closed on
Sep 28, 2016
Sold by
Anderson Bryce C and Anderson Mary J
Bought by
32 Union Llc
Seller's Agent
Jon Growitz
Realty One Group Nest
Buyer's Agent
Mary Parisella
RE/MAX Bentley's
List Price
$699,900
Sold Price
$550,250
Premium/Discount to List
-$149,650
-21.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.68%
Original Mortgage
$440,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 6, 2014
Closed on
Nov 21, 2014
Sold by
32 Union Street Rt
Bought by
Anderson Bryce C and Anderson Mary J
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Bentley's Team
RE/MAX Bentley's
List Price
$589,900
Sold Price
$625,000
Premium/Discount to List
$35,100
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.65%
Original Mortgage
$321,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2014
Closed on
Nov 19, 2014
Sold by
Massachusetts Electric
Bought by
32 Union Street T
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Bentley's Team
RE/MAX Bentley's
List Price
$589,900
Sold Price
$625,000
Premium/Discount to List
$35,100
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Cu 2020 Nt $2,250,000 None Available
Gorman Homes Llc -- --
32 Union Llc $550,250 --
Anderson Bryce C $625,000 --
32 Union Street T $451,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorman Homes Llc $1,980,000
Previous Owner Gorman Homes Llc $440,000
Previous Owner 32 Union Llc $440,000
Previous Owner Anderson Bryce C $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $550,250 -21.4% $138 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $699,900 +12.0% $175 / Sq Ft
11/21/2014 11/21/14 Sold $625,000 +38.6% $156 / Sq Ft
11/19/2014 11/19/14 Sold $451,000 -23.5% $113 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/20/2014 10/20/14 Pending -- -- --
09/06/2014 09/06/14 For Sale $589,900 -21.3% $147 / Sq Ft
04/18/2014 04/18/14 For Sale $750,000 -- $188 / 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 $25,621 $2,674,400 $648,100 $2,026,300
2024 $24,797 $2,487,200 $589,200 $1,898,000
2023 $25,757 $2,398,200 $512,300 $1,885,900
2022 $25,210 $2,099,100 $426,900 $1,672,200
2021 $24,983 $1,976,500 $388,100 $1,588,400
2020 $4,983 $388,100 $388,100 $0
2019 $5,274 $403,200 $403,200 $0
2018 $5,094 $384,200 $384,200 $0
2017 $4,923 $366,000 $366,000 $0
2016 $4,624 $345,300 $345,300 $0
2015 -- $238,900 $238,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71960250

MLS Property Information Network (MLS PIN)

APN: NEWP-000031-000029-A000000