NOT LISTED FOR SALE

481 Merrimac St Unit 1 Newburyport, MA 01950

Old Ferry Road Neighborhood

Estimated Value: $543,000 - $597,000

2 Beds
1 Bath
1,112 Sq Ft
$515/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $562,000 $505 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,519/month

6 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Open Floorplan
  • Newburyport High School Rated A-
  • Medical Services
  • 3-minute walk to Newburyport Pioneer Park

About This Home

As of October 2024

Welcome to this beautifully maintained townhouse located on Newburyport's popular Merrimac Street! This exceptional property offers the convenience of townhouse living with feel of a single-family home. This townhouse spans two levels, offering ample space and functionality. Enjoy a large, sun-filled private yard with fencing, perfect for outdoor activities, gardening, or simply relaxing in a secluded setting. No HOA fees in this two-unit complex! Experience the benefits of townhouse living without the added cost of monthly condo fees. Located in a desirable area of Newburyport, just a short distance from downtown, you'll be close to a variety of shops, restaurants, the commuter rail to Boston and only a quick drive to Plum Island to enjoy the beach! First showings at open houses!

Last Agent to Sell the Property

Tzortzis Lane Group

Coldwell Banker Realty - Ipswich Listed on: 09/04/2024

Last Buyer's Agent

Gail Luchini

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • Fenced Yard
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:0069 B:0043B L:0000,2089026

Community Details

Overview

  • Association fees include insurance
  • 2 Units
  • Heritage Heights Condo Association Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,642

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1982
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: Main,First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Closet, Flooring - Hardwood, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Features: Exterior Access, Recessed Lighting
  • Basement: Y
  • Living Area: 1112
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 493.71
  • PRICE PER Sq Ft: 505.4
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Storage, Fenced Yard
  • Common Walls: End Unit
  • Fencing: Fenced
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel Number: M:0069 B:0043B L:0000,2089026
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 239
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3642
  • Tax Book Number: 31494

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2012
Sold by
Keyser Adam C and Menard Hannah W
Bought by
Accardi Christopher M and Dennett Ketelyn M
Current Estimated Value
$572,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2011
Sold by
Shaw Pamela J
Bought by
Keyser Adam C and Menard Hannah W
Source: Public Records

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Range of Values:

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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
Accardi Christopher M $264,900 --
Keyser Adam C $235,000 --
Keyser Adam C $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raphael Marie D $421,500
Closed Raphael Marie D $421,500
Closed Keyser Adam C $238,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $562,000 +2.4% $505 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $549,000 -- $494 / 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 $3,955 $412,800 $0 $412,800
2024 $3,642 $365,300 $0 $365,300
2023 $3,626 $337,600 $0 $337,600
2022 $3,535 $294,300 $0 $294,300
2021 $3,510 $277,700 $0 $277,700
2020 $3,580 $278,800 $0 $278,800
2019 $3,453 $264,000 $0 $264,000
2018 $3,395 $256,000 $0 $256,000
2017 $3,291 $244,700 $0 $244,700
2016 $3,093 $231,000 $0 $231,000
2015 $2,945 $220,800 $0 $220,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tzortzis Lane Group

    Coldwell Banker Realty - Ipswich

    1 in this area

    31 Total Sales

    Tzortzis Lane Group
    Section Image
  • Gail Luchini

    Buyer's Agent in 2024

    Gail Luchini

    Keller Williams Realty Evolution

    (978) 697-8830

    8 in this area

    144 Total Sales

    Gail Luchini
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73284950

MLS Property Information Network (MLS PIN)

APN: NEWP-000069-000043-B000000

Massachusetts Essex County Newburyport 01950 Old Ferry Road

481 Merrimac St Unit 1, Newburyport, MA

This home is located at 481 Merrimac St Unit 1, Newburyport, MA 01950 since 04 September 2024 and is currently estimated at $572,505, approximately $514 per square foot. This property was built in 1982. 481 Merrimac St Unit 1 is a home located in Essex County with nearby schools including Francis T. Bresnahan Elementary School, Edward G. Molin Elementary School, and Rupert A. Nock Middle School.

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