NOT LISTED FOR SALE

483 Merrimac St Unit 2 Newburyport, MA 01950

Estimated Value: $491,000 - $574,000

2 Beds
1.5 Baths
1,321 Sq Ft
$415/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $385,000 $291 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,362/month

5 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Newburyport High School Rated A-
  • Deck
  • 3-minute walk to Newburyport Pioneer Park

About This Home

As of August 2021

Don't miss this wonderful opportunity to live just seconds from the Merrimac River coastline! Boasting space and convenience, this two bedroom townhome offers a well laid & spacious floor plan - perfect for entertaining. The entry welcomes you into the gracious living area, characterized with a large bow window and open concept flow into the dining area and kitchen. The kitchen offers an abundance of cabinet & counter space, complimented with gas cooking, stainless steel appliances and breakfast bar. Float upstairs toward the two well-sized bedrooms, offering spacious closets and full bathroom with a double vanity. Additional lower level bonus space allows to expand common living with a large family room, private office area and half bath. This unit offers additional basement storage and access to a beautiful and fully enclosed back yard, complete with a deck & patio, storage shed and garden area. Just minutes to downtown Newburyport shopping and restaurants, waterfront and Rt. 1 & 95.

Last Agent to Sell the Property

Kevin Fruh

Gibson Sotheby's International Realty Listed on: 07/14/2021

Gibson Sotheby's International Realty

Co-Listed By

Rachel Mello

Gibson Sotheby's International Realty

Last Buyer's Agent

Lynne Hendricks

Realty One Group Nest

Realty One Group Nest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1984

Lot Details

  • Near Conservation Area
  • Fenced
  • Garden

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Fireplace
  • Bay Window
  • Picture Window
  • Home Office
  • Wall to Wall Carpet
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Stove
  • Range with Range Hood
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Washer

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Newburyport Elementary And Middle School
  • Newburyport High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0069 B:0044D L:0000,2089034

Community Details

Overview

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

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,452

Year Built

Built in 1984

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1984
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Lighting - Overhead, Office
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Freezer,Washer,Range Hood, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Lighting - Overhead
  • Room Bedroom2 Area: 138
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 222.75
  • Bathroom 1 Area: 64
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Window(s) - Picture, Double Vanity
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Basement
  • Bathroom 2 Area: 13.5
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Features: Window(s) - Picture, Exterior Access, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Dining Room Area: 115
  • Room Family Room Level: Basement
  • Room Family Room Features: Closet, Recessed Lighting, Beadboard
  • Room Family Room Area: 222.75
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Window(s) - Picture, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead
  • Room Kitchen Area: 115
  • Laundry Features: In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 240
  • Room Living Room Features: Closet, Window(s) - Bay/Bow/Box
  • Room Office Level: Basement
  • Room Office Area: 92
  • Room Office Features: Lighting - Overhead
  • Living Area: 1321
  • Stories Total: 2
  • MAIN LO: AN4550
  • LIST PRICE PER Sq Ft: 272.52
  • PRICE PER Sq Ft: 291.45
  • MAIN SO: C95006

Exterior Features

  • Exterior Features: Storage, Decorative Lighting, Garden, Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Patio And Porch Features: Deck - Wood, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 581.04
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel Number: M:0069 B:0044D L:0000,2089034
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 75
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3452
  • Tax Book Number: 18633

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Newburyport
  • Elementary School: Newburyport
  • Middle Or Junior School: Newburyport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Obrien Paul C and Obrien Tamara L
Bought by
J E Gerraughty Rubino Ret
Seller's Agent
Kevin Fruh
Gibson Sotheby's International Realty
Buyer's Agent
Lynne Hendricks
Realty One Group Nest
List Price
$360,000
Sold Price
$385,000
Premium/Discount to List
$25,000
6.94%
Current Estimated Value
$548,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,720
Avg. Annual Appreciation
9.46%
Original Mortgage
$300,000
Outstanding Balance
$275,936
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,773

Purchase Details

Closed on
Apr 26, 2002
Sold by
Langis Matthew and Langis Lisa T
Bought by
Obrien Paul C and Obrien Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1994
Sold by
Giles Judith A
Bought by
Leighton Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1988
Sold by
Jasiak Richard L
Bought by
Giles Judith A
Source: Public Records

Range of Values:

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Average Value
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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
J E Gerraughty Rubino Ret $385,000 None Available
Obrien Paul C $223,000 --
Leighton Nancy E $108,000 --
Giles Judith A $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J E Gerraughty Rubino Ret $300,000
Previous Owner Obrien Tamara $21,000
Previous Owner Jasiak Richard L $223,000
Previous Owner Jasiak Richard L $68,000
Previous Owner Jasiak Richard L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $385,000 +6.9% $291 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $360,000 -- $273 / 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 $3,891 $406,200 $0 $406,200
2024 $3,830 $384,200 $0 $384,200
2023 $3,813 $355,000 $0 $355,000
2022 $3,808 $317,100 $0 $317,100
2021 $3,452 $273,100 $0 $273,100
2020 $3,437 $267,700 $0 $267,700
2019 $3,316 $253,500 $0 $253,500
2018 $3,261 $245,900 $0 $245,900
2017 $3,161 $235,000 $0 $235,000
2016 $3,042 $227,200 $0 $227,200
2015 $2,896 $217,100 $0 $217,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865686

MLS Property Information Network (MLS PIN)

APN: NEWP-000069-000044-D000000