NOT LISTED FOR SALE

4 5th St Newbury, MA 01951

Estimated Value: $1,468,000 - $1,725,144

0.12 Acre
$13,114,883 Price per Acre
5,227 Sq Ft Lot

Last Sold July 30, 2014

Last sale price $300,000

Est. 425% increase in value since last sale

Current estimated payment $9,137/month

221 Days on Market

About This Lot

As of July 2014

***OCEANFRONT LOT ON PLUM ISLAND *** PILINGS INSTALLED. Ready for construction to begin. ALL permits (except bldg permit) are in hand. No builder tie-in. Proposed plan for this property includes 3 bedrooms, 2 baths, approximately 1700 Sq.Ft. of living area and a 70 ft. wrap around deck with ocean views. This is also known as 16R Northern Blvd. This view could be yours

Last Agent to Sell the Property

Melinda Fields

Lamacchia Realty, Inc. Listed on: 11/18/2013

Lamacchia Realty, Inc.

Last Buyer's Agent

Melinda Fields

Lamacchia Realty, Inc. Listed on: 11/18/2013

Lamacchia Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,524

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront

Additional Features

  • Electricity Available at Street
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number 2081134

Property Details

Property Type

Land

Est. Annual Taxes

$5,524

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: AN4850
  • MAIN SO: AN4850

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

Lot Info

  • Parcel Number: 2081134
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5400
  • PAGE: 363

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5524
  • Tax Book Number: 10667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Aug 5, 2014
Sold by
Geraldine V Buzzotta I V and Geraldine Buzzotta
Bought by
Franco David P
Seller's Agent
Melinda Fields
Lamacchia Realty, Inc.
Buyer's Agent
Melinda Fields
Lamacchia Realty, Inc.
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Current Estimated Value
$1,573,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,273,786
Avg. Annual Appreciation
15.87%

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jul 30, 2014
Sold by
Geraldine V Buzzotta I V and Geraldine Buzzotta
Bought by
Franco David P
Seller's Agent
Melinda Fields
Lamacchia Realty, Inc.
Buyer's Agent
Melinda Fields
Lamacchia Realty, Inc.
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Buzzotta Geraldine V
Bought by
Geraldine V Buzzotta I

Purchase Details

Closed on
Apr 30, 1997
Sold by
Noble Russell B and Noble Harriet M
Bought by
Cunnigham Carol I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
Franco David P -- --
Franco David P -- --
Franco David P $300,000 --
Franco David P $300,000 --
Geraldine V Buzzotta I -- --
Geraldine V Buzzotta I V -- --
Cunnigham Carol I $110,000 --
Cunnigham Carol I $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunnigham Carol I $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $300,000 -24.8% --
06/30/2014 06/30/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $399,000 -- --
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 $10,600 $1,422,800 $868,300 $554,500
2024 $10,091 $1,313,900 $796,000 $517,900
2023 $8,839 $1,019,500 $542,700 $476,800
2022 $8,331 $856,200 $434,200 $422,000
2021 $7,867 $738,000 $343,700 $394,300
2020 $7,460 $678,800 $298,500 $380,300
2019 $7,338 $678,800 $298,500 $380,300
2018 $7,155 $656,400 $298,500 $357,900
2017 $6,478 $610,600 $298,500 $312,100
2016 $2,850 $250,000 $250,000 $0
2015 $2,880 $250,000 $250,000 $0
2014 $4,264 $376,700 $376,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71609374

MLS Property Information Network (MLS PIN)

APN: NEWB-000002U-000000-000015