NOT LISTED FOR SALE

37 Olive St Newburyport, MA 01950

Estimated Value: $1,031,000 - $1,115,262

3 Beds
1.5 Baths
2,100 Sq Ft
$516/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,025,000 $488 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,453/month

24 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Custom Closet System
  • Newburyport High School Rated A-
  • Medical Services
  • 4-minute walk to Atkinson Common

About This Home

As of September 2024

This captivating home embodies the essence of coastal charm & historical allure with its sought-after period details and beautiful modern updates. 37 Olive is a welcoming retreat that is primed for sharing special moments with loved ones. The bright and airy kitchen stands as the center-point of the home, opening to the formal dining room & living room so you never miss a moment. A cozy family room offers the opportunity for flexibility of space. A The upper-level is an ideal retreat with 3 bedrooms, including a spacious primary bedroom with ample closet space. A 3rd floor with bonus space adds adaptability, value, & function to the home. Outside, the backyard oasis unfolds, a private retreat enveloped by lush greenery- the ideal backdrop for entertaining or relaxing after a day of exploring bustling downtown or time on the sea. This home presents a rare opportunity to embrace a lifestyle where history meets modernity, within walking distance to the water, downtown and the rail trail.

Last Agent to Sell the Property

Nest / Syndi Zaiger Group

Compass Listed on: 07/15/2024

Compass

Co-Listed By

Jill Fucillo Ciaramitaro

Compass

Last Buyer's Agent

John O'Brien

Bandar-Innes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,060

Year Built

  • Built in 1850

Lot Details

  • 3,100 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Cleared Lot
  • Property is zoned R3

Parking

  • Open Parking

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Wainscoting
  • Beamed Ceilings
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • Double Vanity
  • Pedestal Sink
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Dirt Floor

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bresnahan Elementary School
  • Newburyport Mid Middle School
  • Newburyport Hig High School

Utilities

  • Ductless Heating Or Cooling System
  • 2 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Water Heater
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:0049 B:0002 L:0000,2087524

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,060

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Antique
  • Year Built: 1850
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Pine, Stone / Slate, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet, Bonus Room, Internet Available - Unknown
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Pedestal Sink
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Double Vanity
  • Room Dining Room Features: Flooring - Hardwood, Flooring - Wood, Exterior Access, Slider, Beadboard
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Flooring - Hardwood, High Speed Internet Hookup, Lighting - Overhead
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry Features: First Floor, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Features: Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting
  • Basement: Interior Entry, Dirt Floor, Unfinished
  • Accessibility Features: No
  • Living Area: 2100
  • Spa YN: No
  • Window Features: Screens
  • MAIN LO: AN2383
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Patio, Storage, Screens, Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Ductless
  • Heating: Steam, Oil, Ductless
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0049 B:0002 L:0000,2087524
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3100
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9060

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Newburyport Hig
  • Elementary School: Bresnahan
  • Middle Or Junior School: Newburyport Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Pflaum Eric B and Pflaum Sarah L
Bought by
Solomon Phillip
Current Estimated Value
$1,083,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Outstanding Balance
$298,812
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$784,275

Purchase Details

Closed on
Dec 20, 2002
Sold by
Kottenstette Nicholas E and Kottenstette Maryellen F
Bought by
Plfaum Eric B

Purchase Details

Closed on
Aug 1, 2000
Sold by
Faino Walter D
Bought by
Kottenstete Nicholas E and Kottenstette Maryellen

Purchase Details

Closed on
Apr 26, 1988
Sold by
Faino Walter D
Bought by
Faino Walter D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solomon Phillip $530,990 --
Plfaum Eric B $330,000 --
Kottenstete Nicholas E $262,000 --
Plfaum Eric B $330,000 --
Kottenstete Nicholas E $262,000 --
Faino Walter D $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Phillip $389,000
Closed Faino Walter D $389,000
Previous Owner Faino Walter D $142,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,025,000 -2.3% $488 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $1,049,000 -- $500 / 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 $9,276 $968,300 $347,300 $621,000
2024 $9,060 $908,700 $315,800 $592,900
2023 $8,414 $783,400 $274,600 $508,800
2022 $7,825 $651,500 $228,800 $422,700
2021 $7,407 $586,000 $208,000 $378,000
2020 $7,524 $586,000 $208,000 $378,000
2019 $7,235 $553,100 $208,000 $345,100
2018 $6,882 $519,000 $198,100 $320,900
2017 $6,853 $509,500 $188,600 $320,900
2016 $6,498 $485,300 $179,700 $305,600
2015 -- $465,500 $179,700 $285,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73264639

MLS Property Information Network (MLS PIN)

APN: NEWP-000049-000002