NOT LISTED FOR SALE

38 Fordham Way Newbury, MA 01951

Estimated Value: $1,797,000 - $2,226,000

0.35 Acre
$5,978,069 Price per Acre
15,246 Sq Ft Lot

Last Sold August 21, 2017

Last sale price $329,900

Est. 534% increase in value since last sale

Current estimated payment $12,115/month

146 Days on Market

About This Lot

As of August 2017

Ocean front lot, . Water/Sewer and Electric on street. Short distance to PI center.

Last Agent to Sell the Property

Michael Webber

Lamacchia Realty, Inc. Listed on: 09/22/2016

Co-Listed By

Jennifer Germain

Realty One Group Nest

Last Buyer's Agent

Ronni Wexler

Realty One Group Nest

Realty One Group Nest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,242

Lot Details

  • 0.35 Acre Lot
  • Waterfront

Additional Features

  • Electricity Available at Street
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number 2080940

Property Details

Property Type

Land

Est. Annual Taxes

$4,242

Lot Details

0

Listing Details

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

Interior Features

  • MAIN LO: C95006
  • MAIN SO: C95039

Exterior Features

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

Utilities

  • Sewer: At Street
  • Gas: None
  • Electric: At Street
  • Water Source: At Street

Lot Info

  • Parcel Number: 2080940
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15245.999999
  • Lot Size Units: Acres
  • LOT SIZE: 15115

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Aug 21, 2017
Sold by
Scottish Rt and Kirkpatrick
Bought by
38 Fordham Way Llc
Seller's Agent
Michael Webber
Lamacchia Realty, Inc.
Buyer's Agent
Ronni Wexler
Realty One Group Nest
List Price
$399,900
Sold Price
$329,900
Premium/Discount to List
-$70,000
-17.5%
Current Estimated Value
$2,092,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,762,424
Avg. Annual Appreciation
24.96%
Original Mortgage
$1,000,000
Outstanding Balance
$832,425
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$1,259,899
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
38 Fordham Way Llc $329,900 --
38 Fordham Way Llc $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 38 Fordham Way Llc $1,000,000
Closed 38 Fordham Way Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $329,900 -17.5% --
02/15/2017 02/15/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $399,900 -- --
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 $13,184 $1,769,600 $1,081,200 $688,400
2024 $12,613 $1,642,300 $991,100 $651,200
2023 $11,055 $1,275,100 $675,700 $599,400
2022 $10,421 $1,071,000 $540,600 $530,400
2021 $9,592 $899,800 $428,000 $471,800
2020 $9,089 $827,000 $371,700 $455,300
2019 $6,481 $599,500 $371,700 $227,800
2018 $4,056 $372,100 $371,700 $400
2017 $3,948 $372,100 $371,700 $400
2016 $3,990 $350,000 $350,000 $0
2015 $4,032 $350,000 $350,000 $0
2014 $5,310 $469,100 $469,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72071411

MLS Property Information Network (MLS PIN)

APN: NEWB-000001U-000000-000008