NOT LISTED FOR SALE

58 Purchase St Newburyport, MA 01950

Estimated Value: $894,551 - $1,139,000

3 Beds
3 Baths
1,489 Sq Ft
1879 Built

Last Sold February 01, 2018

Last sale price $620,000 $416 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,999/month

14 Days on Market

About This Home

As of February 2018

ROOF DECK WITH VIEWS OF THE RIVER, PLUM ISLAND BEYOND. Located on a great street in the heart of Joppa, life in this historical Cultural District neighborhood offers the best of the South End. Bike/walking trails, community library, river and kayak launch are steps away. This 3 BR, 2.5 bath Townhome has an open floor plan. From the huge stainless/quartz kitchen offering an abundance of cabinets, bamboo flooring and wine refrigerator, to the easy access of the back deck and private fenced-in yard, this home is well suited for life in the South End. The Living Room has a custom built-in entertainment unit with gas fireplace. The private Master Suite features an enormous 2-sinked bath with Jacuzzi, walk in closet, and direct access to a private Deck for sunrise coffee or sunset cocktails with spiral stairs leading to the Roof Deck. Other features include 2nd floor laundry with built-in ironing board and linen closet, basement storage with driveway access, and 4 off street parking spaces.

Last Agent to Sell the Property

Judith Mussells

Berkshire Hathaway HomeServices Verani Realty Listed on: 11/30/2017

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Joan Mcdonald

Coldwell Banker Realty - Manchester

Coldwell Banker Realty - Manchester

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,755

Year Built

1879

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End, Courtyard, Garden
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1879

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, T-Station
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Tile, Bamboo
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 17X10
  • Bedroom 3: Second Floor, 13X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor, 17X16
  • Living Room: First Floor, 16X13
  • Master Bedroom: Third Floor, 17X16
  • Master Bedroom Description: Bathroom - Double Vanity/Sink, Closet - Walk-in, Flooring - Wood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Remodeled
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: K95001
  • Main So: K95001

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Wood, Deck - Roof + Access Rights, Fenced Yard, Garden Area
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 3

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 58-60 Purchase St. Condominium Trust
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 58

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 1, 2018
Sold by
Davis Christiopher D and Davis Lori D
Bought by
Spellman David and Spellman Maura
Seller's Agent
Judith Mussells
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Joan Mcdonald
Coldwell Banker Realty - Manchester
List Price
$624,900
Sold Price
$620,000
Premium/Discount to List
-$4,900
-0.78%
Current Estimated Value
$1,020,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,638
Avg. Annual Appreciation
6.58%
Original Mortgage
$434,000
Outstanding Balance
$307,896
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$712,742

Purchase Details

Closed on
Apr 14, 2011
Sold by
Panzero Michael
Bought by
Panzero River Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.89%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Deroche Edward J and Deroche Kym M
Bought by
Panzero Michael

Purchase Details

Closed on
Aug 12, 2009
Sold by
Gilmartin Kevin J and Gilmartin Shirley R
Bought by
Davis Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.36%
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
Spellman David $620,000 --
Panzero River Llc -- --
Panzero Michael $160,000 --
Davis Christopher D $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spellman David $434,000
Previous Owner Davis Christopher D $240,000
Previous Owner Davis Christopher D $350,000
Previous Owner Davis Christopher D $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $620,000 -0.8% $416 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $624,900 -- $420 / 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 $7,755 $809,500 $0 $809,500
2024 $7,565 $758,800 $0 $758,800
2023 $7,530 $701,100 $0 $701,100
2022 $7,342 $611,300 $0 $611,300
2021 $7,289 $576,700 $0 $576,700
2020 $7,257 $565,200 $0 $565,200
2019 $6,778 $518,200 $0 $518,200
2018 $6,664 $502,600 $0 $502,600
2017 $6,460 $480,300 $0 $480,300
2016 $6,072 $453,500 $0 $453,500
2015 $5,782 $433,400 $0 $433,400
Source: Public Records

Agents Affiliated with this Home

  • Judith Mussells

    Seller's Agent in 2018

    Judith Mussells

    Berkshire Hathaway HomeServices Verani Realty

    (978) 618-8301

    1 in this area

    7 Total Sales

    Judith Mussells
    Section Image
  • Joan Mcdonald

    Buyer's Agent in 2018

    Joan Mcdonald

    Coldwell Banker Realty - Manchester

    (978) 979-3190

    1 in this area

    42 Total Sales

    Joan Mcdonald
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72259892

MLS Property Information Network (MLS PIN)

APN: NEWP-000025-000013-A000000

Massachusetts Essex County Newburyport 01950

58 Purchase St, Newburyport, MA

Not Listed for Sale

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