NOT LISTED FOR SALE

5 Basin St Newburyport, MA 01950

Estimated Value: $2,426,455 - $2,775,000

4 Beds
3 Baths
3,259 Sq Ft
$799/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $1,175,000 $361 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $15,571/month

127 Days on Market

About This Home

As of December 2014

Dreaming of the perfect Beach House? This is the “real deal”! Set on the shores of the protected Plum Island Basin this expansive home offers the very best of waterfront living. As you enter the open living/dining area, anchored by a rustic stone fireplace, walls of glass frame a truly spectacular unobstructed panorama of glistening water, sandy beach & sailboats drifting by. A Chef's kitchen offers granite countertops, high-end appliances, mud room & pantry. An additional bright & airy first floor room provides the perfect spot for an office or bedroom. The Master suite is a dream come true! Wake up to the cry of the gulls, step out on your private balcony to relax & enjoy the ever changing natural beauty of the Basin. The surroundings are sublime, with a private patio, perennial borders and an expansive deck just right for entertaining…a stairway leads you to the water's edge. Plenty of parking plus a two car garage complete the package.

Last Agent to Sell the Property

Gretchen Maguire

Realty One Group Nest Listed on: 06/19/2014

Realty One Group Nest

Last Buyer's Agent

Kim Furnari

RE/MAX Bentley's

RE/MAX Bentley's

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,518

Year Built

2002

Lot Details

0

Listing Details

  • Lot Description: Flood Plain, Level, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Has Basement: No
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Shopping, Walk/Jog Trails, Bike Path, Conservation Area
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Tile, Wall to Wall Carpet, Marble, Hardwood
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Intercom
  • Bedroom 2: Second Floor, 11X12
  • Bedroom 3: Third Floor, 15X32
  • Bedroom 4: First Floor, 12X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 13X16
  • Master Bedroom: Second Floor, 19X23
  • Master Bedroom Description: Fireplace, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Exterior Features

  • Frontage: 70
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed, Patio, Gutters, Professional Landscaping, Sprinkler System, Fenced Yard
  • Foundation: Slab, Irregular

Garage/Parking

  • Garage Parking: Detached, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Propane Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2014
Closed on
Dec 16, 2014
Sold by
5 Basin Street Nt
Bought by
Cindi L Singer Ret
Seller's Agent
Gretchen Maguire
Realty One Group Nest
Buyer's Agent
Kim Furnari
RE/MAX Bentley's
List Price
$1,299,000
Sold Price
$1,175,000
Premium/Discount to List
-$124,000
-9.55%
Current Estimated Value
$2,604,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,429,152
Avg. Annual Appreciation
7.63%
Original Mortgage
$650,000
Outstanding Balance
$480,447
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,123,705

Purchase Details

Closed on
Nov 4, 2011
Sold by
Lee Steven J and Lee Karen A
Bought by
5 Basin Street Nt

Purchase Details

Closed on
Sep 7, 1999
Sold by
Moore William F and Legee Berta J
Bought by
Lee Steven J and Lee Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.5%
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
Cindi L Singer Ret $1,175,000 --
5 Basin Street Nt -- --
5 Basin Street Nt -- --
Lee Steven J $359,500 --
Lee Steven J $359,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Steven J $650,000
Closed Lee Steven J $650,000
Previous Owner Lee Steven J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $1,175,000 -9.5% $361 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $1,299,000 -- $399 / 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 $20,518 $2,141,800 $787,500 $1,354,300
2024 $19,769 $1,982,800 $715,900 $1,266,900
2023 $19,974 $1,859,800 $592,900 $1,266,900
2022 $18,952 $1,578,000 $494,000 $1,084,000
2021 $18,267 $1,445,200 $449,100 $996,100
2020 $18,134 $1,412,300 $449,100 $963,200
2019 $17,586 $1,344,500 $449,100 $895,400
2018 $17,032 $1,284,500 $427,800 $856,700
2017 $16,677 $1,239,900 $407,400 $832,500
2016 $16,176 $1,208,100 $378,300 $829,800
2015 $16,447 $1,232,900 $378,300 $854,600
Source: Public Records

Agents Affiliated with this Home

  • Gretchen Maguire

    Seller's Agent in 2014

    Gretchen Maguire

    Realty One Group Nest

    (617) 688-5290

    21 in this area

    79 Total Sales

    Gretchen Maguire
    Section Image
  • Kim Furnari

    Buyer's Agent in 2014

    Kim Furnari

    RE/MAX

    (617) 435-2366

    4 in this area

    44 Total Sales

    Kim Furnari
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71702106

MLS Property Information Network (MLS PIN)

APN: NEWP-000076-000084

Massachusetts Essex County Newburyport 01950

5 Basin St, Newburyport, MA

This home is located at 5 Basin St, Newburyport, MA 01950 since 19 June 2014 and is currently estimated at $2,604,152, approximately $799 per square foot. This property was built in 2002. 5 Basin St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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