NOT LISTED FOR SALE

5 Chestnut St Newburyport, MA 01950

Estimated Value: $682,000 - $820,000

2 Beds
1.5 Baths
1,219 Sq Ft
1850 Built

Last Sold July 31, 2013

Last sale price $305,000 $250 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,379/month

Highlights

  • Medical Services
  • Property is near public transit
  • Patio
  • Newburyport High School Rated A-
  • Jogging Path
  • 5-minute walk to Joppa Park

About This Home

As of June 2024

This comfortable and inviting deeded 1/2 house rental is located in Newburyport's popular South End. It is convenient to all downtown has to offer, as well as the rail trail, and the harbor. The 1/2 house features 2 levels of living with the 2 bedrooms on the second floor, and an office for those who may work at home. With summer approaching you'll find yourself out enjoying the patio area. Unusual to find in Newburyport, there is 2 car off street parking. Storage is ample with a full basement. Smoking is not allowed anywhere on the property. A credit report will be required, and is available from a third party at a fee per applicant. Come enjoy all the wonderful activities this quaint city has to offer. A 24 hour notice required for showings.

Last Agent to Rent the Property

Jim Bragg

Coldwell Banker Realty Listed on: 05/29/2024

Coldwell Banker Realty

Last Renter's Agent

Jim Bragg

Coldwell Banker Realty Listed on: 05/29/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1850

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,219 Sq Ft Home

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Additional Features

  • Laundry in unit
  • Patio
  • Near Conservation Area

Listing and Financial Details

  • Security Deposit $2,900
  • Property Available on 7/1/24
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number M:0025 B:0063A L:0000,2085790

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,962

Year Built

Built in 1850

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-07-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1850
  • Entry Level: 1
  • Year Built Details: Approximate
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Laundry Features: In Unit
  • Living Area: 1219
  • Spa YN: No
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 2.46
  • PRICE PER Sq Ft: 2.46
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Electric Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Water, Sewer
  • Senior Community YN: No
  • UNIT BUILDING: 0

Lot Info

  • Parcel Number: M:0025 B:0063A L:0000,2085790
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Montelione Richelle M
Bought by
Schafer Anke C
Current Estimated Value
$717,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$259,843
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$460,581

Purchase Details

Listed on
Jun 16, 2013
Closed on
Jul 31, 2013
Sold by
Abramo Eric C and Abramo Maura
Bought by
Montelione Richelle M
Seller's Agent
Tracy Mousseau
Stone Ridge Properties, Inc.
Buyer's Agent
Barbara Moynahan
Keller Williams Realty Evolution
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$289,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Gavin Kevin B
Bought by
Abramo Eric C and Abramo Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1987
Sold by
Pina Vincent C
Bought by
Gavin Kevin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schafer Anke C $385,000 --
Montelione Richelle M $305,000 --
Abramo Eric C $220,000 --
Gavin Kevin B $117,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Anke C $308,000
Previous Owner Montelione Richelle M $289,750
Previous Owner Gavin Kevin B $192,000
Previous Owner Gavin Kevin B $209,000
Previous Owner Gavin Kevin B $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Rented $3,000 0.0% --
06/02/2024 06/02/24 Under Contract -- -- --
05/29/2024 05/29/24 For Rent $3,000 +3.4% --
07/01/2022 07/01/22 Rented $2,900 0.0% --
05/31/2022 05/31/22 Under Contract -- -- --
05/28/2022 05/28/22 For Rent $2,900 +16.0% --
05/15/2021 05/15/21 Rented $2,500 0.0% --
05/10/2021 05/10/21 Under Contract -- -- --
05/04/2021 05/04/21 For Rent $2,500 0.0% --
07/31/2013 07/31/13 Sold $305,000 +3.4% $250 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $295,000 -- $242 / 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 $4,962 $518,000 $0 $518,000
2024 $4,839 $485,400 $0 $485,400
2023 $4,816 $448,400 $0 $448,400
2022 $4,692 $390,700 $0 $390,700
2021 $4,657 $368,400 $0 $368,400
2020 $4,635 $361,000 $0 $361,000
2019 $4,471 $341,800 $0 $341,800
2018 $4,283 $323,000 $0 $323,000
2017 $4,151 $308,600 $0 $308,600
2016 $3,901 $291,300 $0 $291,300
2015 $3,713 $278,300 $0 $278,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243861

MLS Property Information Network (MLS PIN)

APN: NEWP-000025-000063-A000000