NOT LISTED FOR SALE

42-44 Middle St Newburyport, MA 01950

Estimated Value: $1,317,000 - $1,765,000

4 Beds
2 Baths
3,193 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $730,000 $229 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $9,564/month

91 Days on Market

About This Home

As of October 2016

Location, location! Colonial-style duplex in downtown Newburyport - loaded with historical charm and character. Each unit is side by side and feature separate side entrances, private back yards and brick driveway off street parking spaces. High ceilings throughout; period features such as mantels, moldings, wide pine floors and chair rails are just a few of the amenities you'll find inside this home. The left side features a bonus third floor of living space. The possibilities are endless with this timeless beauty - possibly convert to condominiums, or to a single family residence. Take a look today!

Last Agent to Sell the Property

Sandra Berkenbush

Lamacchia Realty, Inc. Listed on: 05/19/2016

Last Buyer's Agent

Peter Marengi

Realty One Group Nest License #452001401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,251

Year Built

1800

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1800

Interior Features

  • Fireplaces: 8
  • Has Basement: Yes
  • Fireplaces: 8
  • Number of Rooms: 12
  • Flooring: Wood
  • Basement: Full, Interior Access
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Post & Beam
  • Exterior: Clapboard
  • Exterior Features: Garden Area
  • Foundation: Fieldstone
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Bresnahan
  • Middle School: Nock
  • High School: Newburyport

Lot Info

  • Zoning: R3

Multi Family

  • Total Bedrooms: 4
  • Total Fireplaces: 8
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 3450
  • Waterview: Public, River, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Marengi Peter A
Bought by
Peter Marengi T and Peter Marengi
Total Days on Market
91
Current Estimated Value
$1,613,834

Purchase Details

Listed on
May 19, 2016
Closed on
Oct 28, 2016
Sold by
42 & 44 Middle Street Ll
Bought by
Marengi Peter A and Marengi Mary F
Seller's Agent
Sandra Berkenbush
Lamacchia Realty, Inc.
Buyer's Agent
Peter Marengi
Realty One Group Nest
List Price
$850,000
Sold Price
$730,000
Premium/Discount to List
-$120,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$584,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2014
Sold by
Chakalis Lisa H
Bought by
42-44 Middle Street Ll

Purchase Details

Closed on
Apr 10, 2014
Sold by
Fountis Stavros A and Chakalis Lisa H
Bought by
Chakalis Lisa H
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
Peter Marengi T -- None Available
Peter Marengi T -- None Available
Marengi Peter A $730,000 --
42-44 Middle Street Ll -- --
42 & 44 Middle Street Ll -- --
Chakalis Lisa H -- --
Chakalis Lisa H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Michele $1,280,000
Closed Wheeler Michele $160,000
Closed Wheeler Michele $1,280,000
Previous Owner Marengi Peter A $584,000
Previous Owner Fountis Stavros $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $730,000 -5.8% $229 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $775,000 -8.8% $243 / Sq Ft
05/19/2016 05/19/16 For Sale $850,000 -- $266 / 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 $9,251 $965,700 $422,900 $542,800
2024 $9,602 $963,100 $384,400 $578,700
2023 $9,744 $907,300 $334,300 $573,000
2022 $9,743 $811,200 $278,500 $532,700
2021 $9,380 $742,100 $253,200 $488,900
2020 $8,975 $699,000 $253,200 $445,800
2019 $8,240 $630,000 $253,200 $376,800
2018 $8,041 $606,400 $241,200 $365,200
2017 $7,267 $540,300 $229,700 $310,600
2016 $6,873 $513,300 $209,300 $304,000
2015 $6,139 $460,200 $209,300 $250,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72009033

MLS Property Information Network (MLS PIN)

APN: NEWP-000007-000024