NOT LISTED FOR SALE

516 Merrimac St Newburyport, MA 01950

Estimated Value: $991,000 - $1,169,000

5 Beds
1.5 Baths
2,124 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $215,000 $101 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $6,467/month

186 Days on Market

Highlights

  • Waterfront
  • Deck
  • No HOA
  • Newburyport High School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of May 2013

Short sale. Pre-approved list price by lender. Situated on the Merrimac River - Views Galore! This 9 room, 4 bedroom home, with 3rd floor master bedroom with deck - views of the Merrimac River. Huge 1/2 acre yard - Great for kids! Located in Historic Newburyport - walking distance to Atkinson Common, Mosley Pines Park - great for long walks along the river. Wildlife galore - keep your eye out for nesting Eagles! Needs TLC

Last Agent to Sell the Property

Team Zingales

Team Zingales Realty, LLC Listed on: 07/02/2012

Co-Listed By

Joe Zingales

Team Zingales Realty, LLC

Last Buyer's Agent

Cornerstone Realty Group

William Raveis Provincetown

William Raveis Provincetown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1900

Home Design

  • Half Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Parking

  • Garage
  • Side Facing Garage
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bresnahan Elementary School
  • Nock Middle School
  • Newburyporthigh School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater

Additional Features

  • Deck
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number M:0072 B:0038B L:0000,2089313

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,329

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Half-Duplex
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Refrigerator, Gas Water Heater
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Third
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Third
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Living Area: 2124
  • Stories Total: 3
  • MAIN LO: an1199
  • LIST PRICE PER Sq Ft: 109.6
  • PRICE PER Sq Ft: 101.22
  • MAIN SO: C95236

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, River, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: No
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Garage Faces Side, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Oil
  • Cooling Y N: No
  • Electric: Fuses
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Public School
  • UNIT BUILDING: 516

Lot Info

  • Parcel Number: M:0072 B:0038B L:0000,2089313
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 168

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4329
  • Tax Book Number: 12705

Multi Family

  • Number Of Units Total: 2
  • NO UNITS OWNER OCC: 2

MLS Schools

  • High School: Newburyporthigh
  • Elementary School: Bresnahan
  • Middle Or Junior School: Nock Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Lynch Matthew and Lynch Shelly L
Bought by
Schwartz Danielle N
Current Estimated Value
$1,058,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2020
Sold by
Madden Meghan M
Bought by
Lynch Matthew and Lynch Shelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2017
Sold by
Goodwin Stephen and Goodwin Candise
Bought by
Madden Meghan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,675
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2012
Closed on
May 10, 2013
Sold by
Shepherd Pamela A
Bought by
Goodwin Stephen
Seller's Agent
Team Zingales
Team Zingales Realty, LLC
Buyer's Agent
Cornerstone Realty Group
William Raveis Provincetown
List Price
$215,500
Sold Price
$215,000
Premium/Discount to List
-$500
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$204,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 1994
Sold by
Kepschull Patricia A and Augeri Anthony S
Bought by
Shepherd Pamela A
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
Schwartz Danielle N $760,000 None Available
Lynch Matthew $672,000 None Available
Madden Meghan M $570,000 --
Goodwin Stephen $200,000 --
Shepherd Pamela A $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Danielle N $324,600
Closed Schwartz Danielle N $320,000
Previous Owner Lynch Matthew $537,600
Previous Owner Madden Meghan M $559,675
Previous Owner Goodwin Stephen $390,000
Previous Owner Goodwin Stephen $330,000
Previous Owner Goodwin Stephen $204,250
Previous Owner Kepschull Patricia A $291,075
Previous Owner Kepschull Patricia A $47,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $215,000 -7.6% $101 / Sq Ft
02/12/2013 02/12/13 Price Changed $232,800 +8.0% $110 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $215,500 +0.2% $101 / Sq Ft
12/31/2012 12/31/12 Off Market $215,000 -- --
10/18/2012 10/18/12 Price Changed $215,500 -10.9% $101 / Sq Ft
10/11/2012 10/11/12 Price Changed $241,800 -17.9% $114 / Sq Ft
08/20/2012 08/20/12 Price Changed $294,600 -8.2% $139 / Sq Ft
08/06/2012 08/06/12 Price Changed $320,900 -7.6% $151 / Sq Ft
07/02/2012 07/02/12 For Sale $347,300 -- $164 / 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 $8,066 $842,000 $0 $842,000
2024 $7,871 $789,500 $0 $789,500
2023 $7,839 $729,900 $0 $729,900
2022 $7,648 $636,800 $0 $636,800
2021 $6,976 $551,900 $0 $551,900
2020 $6,945 $540,900 $0 $540,900
2019 $4,170 $512,400 $0 $512,400
2018 $6,592 $497,100 $0 $497,100
2017 $6,391 $475,200 $0 $475,200
2016 $4,898 $365,800 $0 $365,800
2015 $4,665 $349,700 $0 $349,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71404550

MLS Property Information Network (MLS PIN)

APN: NEWP-000072-000038-B000000