NOT LISTED FOR SALE

5 Margerie St Newburyport, MA 01950

Estimated Value: $835,000 - $944,000

4 Beds
2 Baths
1,729 Sq Ft
$517/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $470,000 $272 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,479/month

20 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Fenced Yard
  • Newburyport High School Rated A-
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

This charming and bright cape style home is located in a quiet neighborhood; a short distance to the downtown of Newburyport, schools, shopping and the waterfront. The cozy living room with a gas fireplace for relaxing. The large updated kitchen with birch cabinetry, top-quality quartz counter tops, stainless steel appliances, a center island for an informal eating area and picture window which brings in an abundance of light. Step in to the three season sun room which leads to a wraparound deck perfect for deck furniture. Four bedrooms, three on the second floor, includes a generous sized Master, the fourth bedroom is on the first floor. Two full baths, one on each level. This home offers a perfect blend of indoor/outdoor living space for entertaining. Need additional living space? The full walk-out basement has additional space that could be finished. Granite steps and pavers lead you to the pleasant fenced yard. Hurry Spring and Summer will be here soon!

Last Agent to Sell the Property

Bentley's Team

RE/MAX Bentley's Listed on: 03/09/2018

Co-Listed By

Robert Bentley

RE/MAX Bentley's

Last Buyer's Agent

Curtis Lopes

Keller Williams Realty North Central License #454501464

Keller Williams Realty North Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,285

Year Built

  • Built in 1955

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0041 B:0015 L:0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,285

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 274.67
  • Comp Based On: Net Sale Price
  • Year Built: 1955
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 22X17, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Dimension: 14X12, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 12X10, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 12X10, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Dimension: 16X12, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 15X12, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 18X12, Flooring - Hardwood
  • Basement: Y
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 12X8, Deck - Exterior
  • Main Lo: AN2888
  • Main So: AN0265
  • Estimated Sq Ft: 1729.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Gutters, Professional Landscaping, Fenced Yard
  • Foundation: Poured Concrete
  • Foundation Size: 38x26

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation

Schools

  • Elementary School: Newburyport
  • Middle School: Newburyport
  • High School: Newburyport

Lot Info

  • Assessments: 367800.00
  • Acre: 0.15
  • Lot Size: 6400.00
  • Page: 523
  • Parcel Number: M:0041 B:0015 L:0000
  • Zoning: res
  • Lot Description: Wooded, Gentle Slope

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Prog. Thermostat

Tax Info

  • Taxes: 4925.00
  • Assessor Parcel Number: 2086991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 25, 2018
Sold by
Perocchi David A
Bought by
Achab Mustapha and Mzauz Ibtissam
Seller's Agent
Bentley's Team
RE/MAX Bentley's
Buyer's Agent
Curtis Lopes
Keller Williams Realty North Central
List Price
$489,900
Sold Price
$470,000
Premium/Discount to List
-$19,900
-4.06%
Current Estimated Value
$894,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,173
Avg. Annual Appreciation
9.28%
Original Mortgage
$442,612
Outstanding Balance
$386,969
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$515,312

Purchase Details

Closed on
Mar 18, 2013
Sold by
Perocchi David A and Simon Thomas E
Bought by
Perocchi David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2008
Sold by
Betts Kimsu
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 23, 2002
Sold by
Mahlau-Heinert Jerald and Mahlau-Heinert Mahlau P
Bought by
Betts Kimsu
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
Achab Mustapha $470,000 --
Perocchi David A -- --
Bank Of New York $335,325 --
Betts Kimsu $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achab Mustapha $442,612
Previous Owner Perocchi David A $45,800
Previous Owner Heinert Jerald L $315,000
Previous Owner Heinert Jerald L $321,634
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $470,000 -1.0% $272 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/21/2018 03/21/18 Price Changed $474,900 -3.1% $275 / Sq Ft
03/09/2018 03/09/18 For Sale $489,900 +48.5% $283 / Sq Ft
01/17/2012 01/17/12 Sold $330,000 -5.7% $191 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
11/28/2011 11/28/11 Price Changed $349,900 -2.5% $202 / Sq Ft
10/19/2011 10/19/11 Price Changed $359,000 -5.3% $208 / Sq Ft
10/06/2011 10/06/11 For Sale $379,000 -- $219 / 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 $7,285 $760,400 $430,900 $329,500
2024 $6,908 $692,900 $391,700 $301,200
2023 $6,653 $619,500 $340,600 $278,900
2022 $6,113 $509,000 $283,800 $225,200
2021 $5,718 $452,400 $258,000 $194,400
2020 $5,651 $440,100 $258,000 $182,100
2019 $5,577 $426,400 $258,000 $168,400
2018 $5,401 $407,300 $245,800 $161,500
2017 $5,227 $388,600 $234,000 $154,600
2016 $4,925 $367,800 $213,200 $154,600
2015 $4,706 $352,800 $213,200 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72291704

MLS Property Information Network (MLS PIN)

APN: NEWP-000041-000015