NOT LISTED FOR SALE

Estimated Value: $2,051,000 - $2,334,551

0.26 Acre
$8,576,346 Price per Acre
11,326 Sq Ft Lot

Last Sold April 19, 2017

Last sale price $345,000

Est. 546% increase in value since last sale

Current estimated payment $13,609/month

57 Days on Market

Highlights

  • Marina
  • Medical Services
  • Waterfront
  • Golf Course Community
  • Scenic Views
  • 0.26 Acre Lot

About This Lot

As of April 2017

Build your dream on this exquisite oceanfront lot. This gorgeous homesite is located in the most sought after and exclusive area of the island; you'll enjoy combing the beach for shells, relaxing in a chaise and listening to the crashing surf right outside your door. Ideally situated, you can walk to the refuge or head to the stores and restaurants at the island center. Design your own home=no builder tie-in. Enjoy beachfront living just a short distance to lively downtown Newburyport.

Last Agent to Sell the Property

Ronni Wexler

Realty One Group Nest Listed on: 01/12/2017

Realty One Group Nest

Last Buyer's Agent

Ronni Wexler

Realty One Group Nest Listed on: 01/12/2017

Realty One Group Nest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,705

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot
  • Cleared Lot
  • Property is zoned AR4

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near schools

Schools

  • Newbury Elem. Elementary School
  • Triton Regional Middle School
  • Triton Regional High School

Additional Features

  • Scenic Vista Views
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number M:0U01 B:0000 L:00010,2080942

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,705

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C95039
  • MAIN SO: C95039

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: On-Site
  • Gas: None
  • Electric: At Street
  • Water Source: On-Site

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0U01 B:0000 L:00010,2080942
  • Zoning: AR4
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Level, Cleared
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11325.6
  • Lot Size Units: Acres
  • LOT SIZE: 11326
  • PAGE: 373

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3705
  • Tax Book Number: 23967

MLS Schools

  • High School: Triton Regional
  • Elementary School: Newbury Elem.
  • Middle Or Junior School: Triton Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
34 Fordham Way Llc
Bought by
Cova Holdings Llc
Current Estimated Value
$2,229,850

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 19, 2017
Sold by
Tuthill Genevieve M
Bought by
34 Fordham Way Llc
Seller's Agent
Ronni Wexler
Realty One Group Nest
Buyer's Agent
Ronni Wexler
Realty One Group Nest
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%

Purchase Details

Closed on
Feb 17, 2005
Sold by
Tuthill Genevieve M and Tuthill Joseph E
Bought by
Tuthill Genevieve M
Source: Public Records

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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
Cova Holdings Llc $490,000 --
34 Fordham Way Llc $345,000 --
Tuthill Genevieve M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuthill Joseph E $28,000
Previous Owner Tuthill Joseph E $50,000
Previous Owner Tuthill Joseph E $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2017 04/19/17 Sold $345,000 -11.5% --
03/20/2017 03/20/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $389,900 -- --
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 $14,254 $1,913,300 $1,036,200 $877,100
2024 $13,647 $1,777,000 $949,800 $827,200
2023 $12,215 $1,408,900 $647,600 $761,300
2022 $11,594 $1,191,600 $518,100 $673,500
2021 $10,756 $1,009,000 $410,100 $598,900
2020 $10,265 $934,000 $356,200 $577,800
2019 $9,072 $839,200 $356,200 $483,000
2018 $3,883 $356,200 $356,200 $0
2017 $3,779 $356,200 $356,200 $0
2016 $3,705 $325,000 $325,000 $0
2015 $3,744 $325,000 $325,000 $0
2014 $5,088 $449,500 $449,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72108218

MLS Property Information Network (MLS PIN)

APN: NEWB-000001U-000000-000010