NOT LISTED FOR SALE

58 Merrimac St Unit 2-4 Newburyport, MA 01950

Estimated Value: $701,000 - $874,000

2 Beds
2 Baths
1,151 Sq Ft
1988 Built

Last Sold October 07, 2015

Last sale price $469,900 $408 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,930/month

34 Days on Market

About This Home

As of October 2015

NEWBURYPORT DOWNTOWN WATERFRONT CONDOMINIUM. Rare end unit two bedroom, two bath, single level condominium with indoor parking and elevator service in a modern brick building.

Last Agent to Sell the Property

Jerry Lischke

RE/MAX Bentley's License #452000164 Listed on: 08/12/2015

Last Buyer's Agent

Barb Cullen

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,149

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 2
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Bike Path, House of Worship, Marina
  • Electric: 220 Volts, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 12X10
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor, 11X13
  • Living Room: First Floor, 19X20
  • Master Bedroom: First Floor, 12X16

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Metal
  • Waterfront Property: Yes
  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Hot Water: Electric

Condo/Co-op/Association

  • Condominium Name: Horton's Yard
  • Association Fee Includes: Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, N/A, Reserve Funds
  • Management: Professional - Off Site
  • No Units: 24
  • Unit Building: 2-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 23, 2015
Sold by
Heimann Frances and Heimann Robert K
Bought by
Heimann Ft and Heimann Robert K
Seller's Agent
Jerry Lischke
RE/MAX Bentley's
Buyer's Agent
Barb Cullen
Keller Williams Realty Evolution
List Price
$474,900
Sold Price
$469,900
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$791,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,742
Avg. Annual Appreciation
5.72%
Original Mortgage
$235,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 7, 2015
Sold by
58 Merrimac St 2 & 4 Int
Bought by
Heimann Robert K and Heimann Frances
Seller's Agent
Jerry Lischke
RE/MAX Bentley's
Buyer's Agent
Barb Cullen
Keller Williams Realty Evolution
List Price
$474,900
Sold Price
$469,900
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1998
Sold by
Hortons Rt and Kray-Tucker Elaine
Bought by
Macallister Merilyn L and Macallister John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Heimann Ft -- --
Heimann Robert K $469,900 --
Macallister Merilyn L $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heimann Ft $214,500
Closed Heimann Robert K $235,000
Previous Owner Hortons Rt $10,000
Previous Owner Hortons Rt $107,000
Previous Owner Hortons Rt $6,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $469,900 0.0% $408 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/17/2015 08/17/15 Off Market $469,900 -- --
08/12/2015 08/12/15 For Sale $474,900 -- $413 / 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 $7,149 $746,200 $0 $746,200
2024 $6,978 $699,900 $0 $699,900
2023 $6,952 $647,300 $0 $647,300
2022 $5,935 $494,200 $0 $494,200
2021 $5,155 $407,800 $0 $407,800
2020 $6,078 $473,400 $0 $473,400
2019 $5,869 $448,700 $0 $448,700
2018 $6,234 $470,100 $0 $470,100
2017 $6,046 $449,500 $0 $449,500
2016 $4,747 $354,500 $0 $354,500
2015 $4,524 $339,100 $0 $339,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71888106

MLS Property Information Network (MLS PIN)

APN: NEWP-000048-000015-G000000