NOT LISTED FOR SALE

38 Riverview Dr Newbury, MA 01951

Estimated Value: $852,000 - $1,049,000

3 Beds
2 Baths
1,911 Sq Ft
$484/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $828,000 $433 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,375/month

4 Days on Market

Highlights

  • Community Stables
  • Deck
  • Solid Surface Countertops
  • Cape Cod Architecture
  • Wood Flooring
  • Home Office

About This Home

As of June 2022

Nestled in the Old Town section of Newbury is this classic, move-in ready, New England cape style home. The updated kitchen (with SS appliances, granite counters, island & wood cabinetry) connects to a large vaulted eat-in area currently used as a reading retreat w/ adjoining office nook. The kitchen looks into the cozy living room with wood burning fireplace surrounded by built-in cabinets. There is a sizeable dining room & a first-floor office/den that could easily be a 4th bedroom as the septic system is designed for 4-bedrooms. An updated full bath completes this level. Upstairs is a large master bedroom, 2 more bedrooms, & another updated full bath. HW floors throughout! The heated basement has room for plenty of storage, your exercise equipment or even a playroom. Attached is an oversized 2 car garage with access above by a full staircase. Potential to finish into an office, studio, workshop, etc. Showings start t Sat OH, 11-1pm. OH Sun, 2-4pm. Offers, if any due Tuesday by 12pm

Last Agent to Sell the Property

Celine Muldowney

Lamacchia Realty, Inc. Listed on: 04/28/2022

Last Buyer's Agent

Sharon Cronin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,238

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is zoned AR

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,911 Sq Ft Home
  • Recessed Lighting
  • Insulated Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Storm Doors

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Bulkhead
  • Deck

Schools

  • Newbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Window Unit Cooling System
  • 1 Cooling Zone
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 2080834

Community Details

Amenities

  • Shops

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,238

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1973
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Home Office
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Electric Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 117
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 160
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 220
  • Bathroom 1 Area: 72
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 54
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 180
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Slider
  • Room Kitchen Area: 360
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 216
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: First
  • Room Office Area: 168
  • Room Office Features: Flooring - Hardwood
  • Basement: Full, Partially Finished, Bulkhead, Sump Pump
  • Living Area: 1911
  • Window Features: Insulated Windows
  • MAIN LO: C95006
  • LIST PRICE PER Sq Ft: 350.6
  • PRICE PER Sq Ft: 433.28
  • MAIN SO: C95039

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Storage, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Oil
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Shopping, Stable(s)

Lot Info

  • Parcel Number: 2080834
  • Zoning: AR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 10062
  • PAGE: 274

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5237.66
  • Tax Book Number: 34872

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Triton Hs
  • Elementary School: Newbury Elem
  • Middle Or Junior School: Triton Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 15, 2022
Sold by
Kahan Mary E
Bought by
Lobb Andrew J and Lobb Rebecca
Seller's Agent
Celine Muldowney
Lamacchia Realty, Inc.
Buyer's Agent
Sharon Cronin
Gibson Sotheby's International Realty
List Price
$670,000
Sold Price
$828,000
Premium/Discount to List
$158,000
23.58%
Current Estimated Value
$925,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,054
Avg. Annual Appreciation
3.37%
Original Mortgage
$360,000
Outstanding Balance
$342,541
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$582,513

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 26, 2016
Sold by
Burak Stephen A and Frey Mary D
Bought by
Kahan Mary E
Seller's Agent
Kathy Brown
Windhill Realty, LLC
Buyer's Agent
Celine Muldowney
Lamacchia Realty, Inc.
List Price
$479,900
Sold Price
$485,000
Premium/Discount to List
$5,100
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$200,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 1998
Sold by
Karalias George J and Karalias Susan K
Bought by
Burak Stephen A and Frey Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1991
Sold by
Higgins Kathleen A
Bought by
Karalias George J
Source: Public Records

Range of Values:

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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
Lobb Andrew J $828,000 None Available
Kahan Mary E $485,000 --
Kahan Mary E $485,000 --
Burak Stephen A $244,000 --
Burak Stephen A $244,000 --
Karalias George J $167,000 --
Karalias George J $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobb Andrew J $360,000
Previous Owner Kahan Mary E $200,000
Previous Owner Karalias George J $134,000
Previous Owner Karalias George J $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Sold $828,000 +23.6% $433 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $670,000 +38.1% $351 / Sq Ft
04/26/2016 04/26/16 Sold $485,000 +1.1% $254 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $479,900 -- $251 / 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 $5,817 $780,800 $316,600 $464,200
2024 $5,540 $721,300 $281,400 $439,900
2023 $5,517 $636,300 $246,300 $390,000
2022 $5,238 $538,300 $211,100 $327,200
2021 $5,109 $479,300 $175,900 $303,400
2020 $5,135 $467,200 $175,900 $291,300
2019 $4,946 $457,500 $175,900 $281,600
2018 $4,665 $428,000 $170,600 $257,400
2017 $4,541 $428,000 $170,600 $257,400
2016 $4,006 $351,400 $158,300 $193,100
2015 $4,048 $351,400 $158,300 $193,100
2014 $3,878 $342,600 $149,500 $193,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72973210

MLS Property Information Network (MLS PIN)

APN: NEWB-000048R-000000-000019