NOT LISTED FOR SALE

58 Merrimac St Unit 3-8 Newburyport, MA 01950

Estimated Value: $856,000 - $956,000

2 Beds
3 Baths
1,358 Sq Ft
1988 Built

Last Sold August 10, 2017

Last sale price $584,000 $430 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,367/month

3 Days on Market

About This Home

As of August 2017

GORGEOUS WATERVIEW CONDO in the heart of Newburyport offers the best of in-town living and the carefree lifestyle you've been searching for! This fully renovated, open concept corner/end unit at Horton's Yard is flooded with natural light throughout and features decks off both the living room and master bedroom to take in the activity on the waterfront and views of Plum Island all the way down the Merrimac River! Highlights include exquisite custom kitchen with cherry cabinetry, warm granite countertops and stainless steel appliances with breakfast bar and seating for 2, fireplaced living room with custom cabinetry and crown molding, hardwood flooring throughout, central A/C, 1 car garage parking. Master and guest bedrooms feature en-suite baths, double closets, skylights and cathedral ceilings. Take the elevator to the first floor and you are just steps away from some of the best restaurants and shopping in the North Shore! This special offering will not last!

Last Agent to Sell the Property

Cheryl Caldwell

William Raveis Real Estate Listed on: 07/13/2017

William Raveis Real Estate

Last Buyer's Agent

Ethan Goodrich

Compass

Compass

Property Details

Home Type

Condominium

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, End
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.00
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: 100 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Engineered Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available, Intercom
  • Bedroom 2: Second Floor, 10X14
  • Bathroom #1: First Floor, 4X6
  • Bathroom #2: Second Floor, 6X8
  • Bathroom #3: Second Floor, 6X7
  • Kitchen: First Floor, 16X8
  • Laundry Room: Second Floor
  • Living Room: First Floor, 22X20
  • Master Bedroom: Second Floor, 18X15
  • Master Bedroom Description: Bathroom - 3/4, Skylight, Ceiling - Cathedral, Closet, Flooring - Hardwood, Deck - Exterior, Recessed Lighting, Slider, Steam / Sauna
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Living Levels: 2
  • Main Lo: AC1083
  • Main So: AC1193

Exterior Features

  • Construction: Frame
  • Exterior: Brick
  • Exterior Unit Features: Deck, Screens
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Under, Storage, Assigned
  • Garage Spaces: 1
  • Parking: Off-Street, Assigned, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Horton's Yard
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 20
  • Unit Building: 3-8

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:0048 B:0015S L:0000
  • Zoning: WMU

Multi Family

  • Waterview: Marina, Public, River, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 10, 2017
Sold by
Bragg-Meurer Susan and Bragg-Connor Mary L
Bought by
Katsapetses Thomas N and Katsapetses Cynthia
Seller's Agent
Cheryl Caldwell
William Raveis Real Estate
Buyer's Agent
Ethan Goodrich
Compass
List Price
$589,000
Sold Price
$584,000
Premium/Discount to List
-$5,000
-0.85%
Current Estimated Value
$890,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,820
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Bragg Carl S and Bragg Mary
Bought by
Meurer Susan B and Bragg-Connor Mary L

Purchase Details

Closed on
Mar 31, 2015
Sold by
Dore Frank
Bought by
Bragg Carl S and Bragg Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Faulkner 2Nd Robert A and Faulkner Amy P
Bought by
Dore Frank

Purchase Details

Closed on
May 31, 2002
Sold by
Pinterich Harieta
Bought by
Faulkner Amy Pollard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1988
Sold by
Provest Prop Inc
Bought by
Desrosiers Allan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
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
Katsapetses Thomas N $584,000 --
Meurer Susan B -- --
Bragg Carl S $567,500 --
Dore Frank $355,000 --
Faulkner Amy Pollard $379,000 --
Desrosiers Allan L $362,713 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bragg Carl S $200,000
Previous Owner Desrosiers Allan L $116,000
Previous Owner Desrosiers Allan L $150,000
Previous Owner Desrosiers Allan L $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $584,000 -0.8% $430 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $589,000 -- $434 / 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 $8,176 $853,400 $0 $853,400
2024 $7,981 $800,500 $0 $800,500
2023 $7,952 $740,400 $0 $740,400
2022 $6,790 $565,400 $0 $565,400
2021 $6,178 $488,800 $0 $488,800
2020 $7,279 $566,900 $0 $566,900
2019 $7,028 $537,300 $0 $537,300
2018 $7,464 $562,900 $0 $562,900
2017 $6,919 $514,400 $0 $514,400
2016 $5,432 $405,700 $0 $405,700
2015 $5,177 $388,100 $0 $388,100
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Caldwell

    Seller's Agent in 2017

    Cheryl Caldwell

    William Raveis Real Estate

    (978) 609-1041

    44 in this area

    96 Total Sales

    Cheryl Caldwell
    Section Image
  • Ethan Goodrich

    Buyer's Agent in 2017

    Ethan Goodrich

    Compass

    (617) 398-4444

    5 in this area

    38 Total Sales

    Ethan Goodrich
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72197374

MLS Property Information Network (MLS PIN)

APN: NEWP-000048-000015-S000000

Massachusetts Essex County Newburyport 01950

58 Merrimac St Unit 3-8, Newburyport, MA

Not Listed for Sale

Condos

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