NOT LISTED FOR SALE

58 Merrimac St Unit 2-6 Newburyport, MA 01950

Estimated Value: $559,000 - $598,000

1 Bed
1.5 Baths
839 Sq Ft
$256/mo HOA Fee

Last Sold September 03, 2013

Last sale price $271,000 $323 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,818/month

10 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • City View
  • Newburyport High School Rated A-
  • Medical Services
  • 2-minute walk to Waterfront Park

About This Home

As of September 2013

Very rarely offered one bedroom Condo, with 1.5 bathrooms, freshly painted with one-car underground Garage in beautiful brick secure downtown building. Walk to everything! Lots of light through partial glass cathedral ceilings with custom shades if needed. Central Air, Elevator, W & D in Unit and all the amenities for a first home or those looking to downsize. Nothing less than delightful in this lovely town! "Look no more!" First showings at Open House Sunday July 14th 1.30-3.30pm!

Last Agent to Sell the Property

Ann Olmstead

RE/MAX On The River, Inc. License #452000170 Listed on: 07/13/2013

Last Buyer's Agent

Sally Laffely

Laffely Real Estate Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Deeded Parking
  • Assigned Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 839 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Insulated Windows
  • City Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2087490

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal
  • 24 Units
  • Low-Rise Condominium
  • Horton's Yard Community

Amenities

  • Medical Services
  • Shops
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 1988

Lot Details

0

HOA Fees

$256 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Low-Rise, Attached
  • Year Built: 1988
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Room Kitchen Level: Second
  • Room Kitchen Features: Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
  • Living Area: 839
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95039
  • LIST PRICE PER Sq Ft: 321.81
  • PRICE PER Sq Ft: 323
  • MAIN SO: C95283

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick, Stone
  • Roof: Other
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Garage Door Opener, Storage, Deeded, Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Heat Pump, Individual
  • Heating: Central, Heat Pump, Electric, Unit Control
  • Cooling Y N: Yes
  • Electric: Other (See Remarks)
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Storage
  • Association Fee: 256
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, Marina, Private School, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 2-6
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 2087490
  • Zoning: WMU
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 0474
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3116
  • Tax Book Number: 28891

Multi Family

  • Number Of Units Total: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2013
Closed on
Sep 3, 2013
Sold by
Sanferrare Nbypt Rt
Bought by
Wilson Amy L
Seller's Agent
Ann Olmstead
RE/MAX On The River, Inc.
Buyer's Agent
Sally Laffely
Laffely Real Estate Associates
List Price
$270,000
Sold Price
$271,000
Premium/Discount to List
$1,000
0.37%
Current Estimated Value
$571,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,366
Avg. Annual Appreciation
6.45%
Original Mortgage
$216,800
Outstanding Balance
$164,219
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$407,147

Purchase Details

Closed on
Aug 28, 2009
Sold by
Sanferrare Robert J
Bought by
Sanferrare Nbypt Rt

Purchase Details

Closed on
Jul 15, 1998
Sold by
Revoct Revoct and Revoct Macallister
Bought by
Sanferrare Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1991
Sold by
Provest Properties Inc
Bought by
Macallister John D
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
Wilson Amy L $271,000 --
Sanferrare Nbypt Rt -- --
Sanferrare Robert J $137,500 --
Macallister John D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macallister John D $216,800
Closed Macallister John D $13,550
Previous Owner Macallister John D $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $271,000 +0.4% $323 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $270,000 -- $322 / 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 $5,212 $544,000 $0 $544,000
2024 $5,087 $510,200 $0 $510,200
2023 $4,949 $460,800 $0 $460,800
2022 $4,225 $351,800 $0 $351,800
2021 $3,844 $304,100 $0 $304,100
2020 $4,533 $353,000 $0 $353,000
2019 $4,375 $334,500 $0 $334,500
2018 $4,648 $350,500 $0 $350,500
2017 $4,507 $335,100 $0 $335,100
2016 $3,538 $264,200 $0 $264,200
2015 $3,371 $252,700 $0 $252,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71554915

MLS Property Information Network (MLS PIN)

APN: NEWP-000048-000015-I000000