NOT LISTED FOR SALE

5 Lorum St Newburyport, MA 01950

Estimated Value: $2,325,000 - $2,553,000

4 Beds
4 Baths
3,517 Sq Ft
$696/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,243,000 $353 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $14,634/month

91 Days on Market

About This Home

As of July 2016

Stunning home in Joppa. With 9 foot ceilings, hardwood floors, French doors and the quality is stellar. The large cooks' kitchen overlooks the pond and opens to the fireplaced family room which is adjacent to the cherry paneled office.The upstairs is spacious w/ lg master, 2 other bedrooms & separate guest suite for great flexibility; the seller said“We were returning to the US to retire .We wanted a house with a lot of architectural details, with privacy, a quiet neighborhood, room to garden and an interesting scene we could enjoy from our deck. We found all we wanted here…when our friends come to visit they stay for at least a week. The guest room here works great for those long stays …We love sitting on the deck or in the three season room watching the fog roll into the pond or the birds on the pond. The variety to observe is simply awesome; eagles, ospreys, ducks, herons, egrets; in our backyard. Its peaceful, serenely beautiful, no traffic noise and yet we live right in the city!'

Last Agent to Sell the Property

Dolores Person

William Raveis Real Estate Listed on: 03/10/2016

William Raveis Real Estate

Last Buyer's Agent

The Forzese Group

RE/MAX On The River, Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,443

Year Built

1996

Lot Details

0

Listing Details

  • Lot Description: Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator - Wine Storage
  • Fireplaces: 4
  • Has Basement: Yes
  • Fireplaces: 4
  • Number of Rooms: 10
  • Amenities: Other (See Remarks)
  • Electric: 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Cable Available
  • Basement: Partially Finished, Radon Remediation System
  • Bedroom 2: Second Floor, 14X12
  • Bedroom 3: Second Floor, 12X11
  • Bedroom 4: Second Floor, 24X17
  • Kitchen: First Floor, 23X17
  • Living Room: First Floor, 22X17
  • Master Bedroom: Second Floor, 20X17
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 16X13
  • Family Room: Basement, 40X28
  • Oth1 Room Name: Library
  • Oth1 Dimen: 16X12
  • Oth1 Dscrp: Flooring - Wood
  • Oth2 Room Name: Home Office
  • Oth2 Dimen: 13X9
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch - Screened, Deck, Patio, Sprinkler System, Decorative Lighting, Garden Area
  • Foundation: Poured Concrete, Irregular
  • Waterfront: Pond
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Attached, Storage
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 3
  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0031 B:0027F L:0000
  • Zoning: R2

Multi Family

  • Waterview: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jul 15, 2016
Sold by
Vanderwielen Michael P and Vanderwielen Kristine M
Bought by
Baptiste Danielle A
Seller's Agent
Dolores Person
William Raveis Real Estate
Buyer's Agent
The Forzese Group
RE/MAX On The River, Inc.
List Price
$1,390,000
Sold Price
$1,243,000
Premium/Discount to List
-$147,000
-10.58%
Current Estimated Value
$2,449,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,206,583
Avg. Annual Appreciation
7.58%
Original Mortgage
$843,000
Outstanding Balance
$674,699
Interest Rate
3.66%
Mortgage Type
Unknown
Estimated Equity
$1,774,884

Purchase Details

Closed on
Apr 9, 2004
Sold by
Byers Brent M and Byers Tracy W
Bought by
Vanderwielen Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Smith Stephen D and Smith Elizabeth F
Bought by
Byers Brent M and Byers Tracy W

Purchase Details

Closed on
Jun 22, 1998
Sold by
Talbot Robert V
Bought by
Smith Stephen D and Smith Filipos-Smith E

Purchase Details

Closed on
Feb 21, 1997
Sold by
Depierco Corp
Bought by
Talbot Robert
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
Baptiste Danielle A $1,243,000 --
Vanderwielen Michael P $925,000 --
Byers Brent M $603,000 --
Smith Stephen D $577,000 --
Talbot Robert $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baptiste Danielle A $843,000
Previous Owner Talbot Robert $499,999
Previous Owner Talbot Robert $350,000
Previous Owner Talbot Robert $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $1,243,000 -4.3% $353 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
04/28/2016 04/28/16 Price Changed $1,299,000 -6.5% $369 / Sq Ft
03/10/2016 03/10/16 For Sale $1,390,000 -- $395 / 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 $21,443 $2,238,300 $520,500 $1,717,800
2024 $20,378 $2,043,900 $473,200 $1,570,700
2023 $19,321 $1,799,000 $411,500 $1,387,500
2022 $17,581 $1,463,900 $343,000 $1,120,900
2021 $17,763 $1,405,300 $312,000 $1,093,300
2020 $17,159 $1,336,400 $312,000 $1,024,400
2019 $15,908 $1,216,200 $312,000 $904,200
2018 $15,709 $1,184,700 $297,300 $887,400
2017 $15,243 $1,133,300 $283,300 $850,000
2016 $14,993 $1,119,700 $269,700 $850,000
2015 $13,838 $1,037,300 $269,700 $767,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71970209

MLS Property Information Network (MLS PIN)

APN: NEWP-000031-000027-F000000