NOT LISTED FOR SALE

5 Russell Terrace Newburyport, MA 01950

Estimated Value: $768,000 - $1,283,000

4 Beds
2 Baths
1,973 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $440,000 $223 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,639/month

66 Days on Market

About This Home

As of April 2017

Great opportunity to own this unique multi family home.Legal two family including a six room, three bedroom, one bath Ranch and a three room , one bedroom, one bath townhouse unit. The Ranch has a large eat-in kitchen, family room with a wood stove, a partially finished heated lower level with laundry and storage. There is an in-ground pool, two sheds, storage and separately fenced yard. The attached three room apartment has a combination living room/dining area and galley kitchen. The second level has a bedroom, full bath , and laundry. There is a private fenced yard area and parking. Rent out both units or live in large unit and off-set expenses by renting the smaller unit. Close to major routes, shopping and public transportation.

Last Agent to Sell the Property

Patricia White

Century 21 North East Listed on: 01/06/2017

Century 21 North East

Last Buyer's Agent

John Belli

HomeSmart Professionals Real Estate

HomeSmart Professionals Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,561

Year Built

1959

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Partially Finished, Interior Access, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Patio, Pool - Inground, Gutters, Storage Shed, Fenced Yard
  • Foundation: Poured Concrete
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R2

Multi Family

  • Foundation: 41x25,10x20,18x
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 9
  • Total Rent_1: 950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Apr 26, 2017
Sold by
Miller Heather E
Bought by
Belli 3Rd John M
Seller's Agent
Patricia White
Century 21 North East
Buyer's Agent
John Belli
HomeSmart Professionals Real Estate
List Price
$464,900
Sold Price
$440,000
Premium/Discount to List
-$24,900
-5.36%
Current Estimated Value
$951,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,334
Avg. Annual Appreciation
9.37%
Original Mortgage
$402,930
Outstanding Balance
$335,972
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$615,362

Purchase Details

Closed on
Sep 12, 2003
Sold by
Cox Peter D
Bought by
Miller Heather E

Purchase Details

Closed on
May 16, 2001
Sold by
Matranga John M and Oneill Ellen M
Bought by
Gately James Joseph and Gately Katherine Mary

Purchase Details

Closed on
Dec 2, 1994
Sold by
Macdonald Marie F and Macdonald William E
Bought by
Cox Peter D

Purchase Details

Closed on
Jun 6, 1994
Sold by
Cox William and Macdonald Marie
Bought by
Cox Peter D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Belli 3Rd John M $440,000 --
Miller Heather E $349,000 --
Gately James Joseph $199,900 --
Cox Peter D $125,000 --
Cox Peter D $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belli 3Rd John M $402,930
Previous Owner Cox Peter D $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $440,000 -5.4% $223 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $464,900 -- $236 / 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 $7,561 $789,200 $398,200 $391,000
2024 $7,272 $729,400 $362,000 $367,400
2023 $7,151 $665,800 $314,700 $351,100
2022 $7,085 $589,900 $262,300 $327,600
2021 $6,803 $538,200 $238,400 $299,800
2020 $6,678 $520,100 $238,400 $281,700
2019 $6,212 $474,900 $238,400 $236,500
2018 $5,752 $433,800 $227,100 $206,700
2017 $5,389 $400,700 $216,300 $184,400
2016 $5,206 $388,800 $206,000 $182,800
2015 $4,920 $368,800 $206,000 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72106205

MLS Property Information Network (MLS PIN)

APN: NEWP-000109-000010