NOT LISTED FOR SALE

54 Middle Rd Newbury, MA 01951

Estimated Value: $910,000 - $1,070,184

3 Beds
2 Baths
1,536 Sq Ft
$644/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $449,900 $293 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,731/month

14 Days on Market

About This Home

As of October 2016

Seller requests continue to show for back up! Set back on a fabulous 2.54 acre lot, with plenty of room to expand, sits this 1986 Colonial with 7 rooms, 3 bedrooms, 1.5 baths. It is a diamond in the rough. The location is fantastic, private lot abuts the Martin H. Burns Wildlife area! This property is minutes to the highway, shopping, and recreational areas including the ocean. This location is the best of both worlds, private and convenient. Interior features lots of hardwood floors, large kitchen with lots of cabinets, wide pine floors in 1st floor office with built ins. Wood stove in living room. In-ground pool and detached 4 car garage (tandem parking) with loft area. Enjoy watching wildlife from your farmer's porch! This is an opportunity that does not come along often. Brand new in ground pool liner!

Last Agent to Sell the Property

Charlotte Gassman

Team Gassman Real Estate LLC Listed on: 08/17/2016

Last Buyer's Agent

John McCarthy

Rowley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,269

Year Built

  • 1986

Lot Details

  • 2.54

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,269

Year Built

1986

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 7
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full, Partially Finished
  • Bedroom 2: Second Floor, 13X11
  • Bedroom 3: Second Floor, 12X10
  • Kitchen: First Floor, 17X14
  • Living Room: First Floor, 14X11
  • Master Bedroom: Second Floor, 18X12
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 12X10
  • Oth1 Room Name: Office
  • Oth1 Dimen: 11X9
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Half
  • Oth3 Room Name: Bathroom
  • Oth3 Dscrp: Bathroom - Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck, Pool - Inground
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 4
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Hot Water: Propane Gas
  • Sewer: Private Sewerage
  • Water: Private Water

Lot Info

  • Assessor Parcel Number: M:0R46 B:0000 L:0002A
  • Zoning: AR4

Multi Family

  • Foundation: 32X24
  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 7, 2016
Sold by
Pedersen Andrew J
Bought by
Weigele Peter and Pye Rebecca
Seller's Agent
Charlotte Gassman
Team Gassman Real Estate LLC
Buyer's Agent
John McCarthy
Rowley Realty
List Price
$469,900
Sold Price
$449,900
Premium/Discount to List
-$20,000
-4.26%
Current Estimated Value
$989,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,396
Avg. Annual Appreciation
8.98%
Original Mortgage
$259,900
Outstanding Balance
$207,035
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$782,261

Purchase Details

Closed on
Jan 8, 2016
Sold by
54 Middle Road Rt and Pedersen
Bought by
Pedersen Andrew J

Purchase Details

Closed on
Jan 15, 2010
Sold by
Pedersen Jeanne C
Bought by
Pedersen Tr Jeanne C

Purchase Details

Closed on
Aug 31, 2009
Sold by
Garcia Michael R
Bought by
Pedersen Jeanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
Emerson Jilene A and Emerson Scott T
Bought by
Garcia Michael R

Purchase Details

Closed on
Dec 23, 1991
Sold by
Est William Latham
Bought by
Latham William P and Christina M Latham
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weigele Peter $449,900 --
Weigele Peter $449,900 --
Pedersen Andrew J -- --
Pedersen Andrew J -- --
Pedersen Tr Jeanne C -- --
Pedersen Tr Jeanne C -- --
Pedersen Jeanne C $395,000 --
Pedersen Jeanne C $395,000 --
Garcia Michael R $420,000 --
Garcia Michael R $420,000 --
Latham William P $178,000 --
Latham William P $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigele Peter $259,900
Closed Weigele Peter $259,900
Previous Owner Latham William P $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $449,900 -4.3% $293 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $469,900 -- $306 / 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 $6,269 $841,500 $419,000 $422,500
2024 $5,726 $745,600 $371,600 $374,000
2023 $4,991 $575,700 $328,000 $247,700
2022 $5,352 $550,000 $284,500 $265,500
2021 $5,240 $491,600 $240,900 $250,700
2020 $5,302 $482,400 $240,900 $241,500
2019 $5,215 $482,400 $240,900 $241,500
2018 $5,028 $461,300 $234,400 $226,900
2017 $4,701 $443,100 $234,400 $208,700
2016 $4,818 $422,600 $219,100 $203,500
2015 $4,868 $422,600 $219,100 $203,500
2014 $4,660 $411,700 $208,200 $203,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72054248

MLS Property Information Network (MLS PIN)

APN: NEWB-000046R-000000-000002A