NOT LISTED FOR SALE

7 Fair St Unit B Newburyport, MA 01950

Estimated Value: $696,000 - $823,000

2 Beds
3 Baths
1,662 Sq Ft
6,098 Sq Ft Lot

Last Sold June 23, 2016

Last sale price $405,000 $244 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,444/month

2 Days on Market

About This Home

As of June 2016

Bring your flip flops and friends! Be the hit of the summer when everyone enjoys the fenced courtyard area to enjoy all that the outdoors offers! Just 2 tenths of a mile to Market Square, The Tannery or the waterfront, you won't be at a loss for fun things to enjoy. Perhaps never cook again with all the convenient delicious restaurants to enjoy. This town home has 2 bedrooms on the 2nd level each with a private bath. Also the laundry and half bath are on the 1st level. Shutters throughout the unit bring the outdoors in with style. Neutral decor throughout so everything matches! Basement for storage with interior access. There is also a separate gated private deck at the entry to place a bistro table and chairs or some potted colorful plants to flank the welcoming glass door. Fully applianced and ready for someone to love!

Last Agent to Sell the Property

Deborah McManus

RE/MAX Bentley's License #454001417 Listed on: 05/20/2016

RE/MAX Bentley's

Last Buyer's Agent

Jean Soucy

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,583

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Back
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet
  • Bedroom 2: Second Floor, 13X11
  • Kitchen: First Floor, 13X11
  • Living Room: First Floor, 23X16
  • Master Bedroom: Second Floor, 18X14
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Deck, Fenced Yard
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Deeded, Stone/Gravel
  • Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas
  • Hot Water: Oil
  • Utility Connections: for Gas Range, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 5-7 Fair Street Condominium
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: B

Fee Information

  • Fee Interval: Monthly

Schools

  • Middle School: Nock
  • High School: Newburyport

Lot Info

  • Assessor Parcel Number: M:0016 B:0069 L:0004
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2017
Sold by
Olson Mary
Bought by
Alviti Philip R
Current Estimated Value
$750,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$279,219
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$471,204

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 23, 2016
Sold by
Connor Charles and Connor Maureen
Bought by
Olson David and Olson Mary
Seller's Agent
Deborah McManus
RE/MAX Bentley's
Buyer's Agent
Jean Soucy
William Raveis Real Estate
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jan 20, 2016
Sold by
Mcgrath Frederick J
Bought by
Connor Charles and Connor Maureen
Seller's Agent
Michael Webber
Lamacchia Realty, Inc.
Buyer's Agent
Deborah McManus
RE/MAX Bentley's
List Price
$449,000
Sold Price
$393,000
Premium/Discount to List
-$56,000
-12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$353,700
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Sold by
Andrews William C and Andrews Barbara J
Bought by
Mcgrath Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,450
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Alviti Philip R $420,000 --
Olson David $405,000 --
Connor Charles $393,000 --
Mcgrath Frederick J $243,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alviti Philip R $336,000
Previous Owner Connor Charles $353,700
Previous Owner Mcgrath Frederick J $130,000
Previous Owner Mcgrath Frederick J $194,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2016 06/23/16 Sold $405,000 +1.3% $244 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $400,000 +1.8% $241 / Sq Ft
01/20/2016 01/20/16 Sold $393,000 -6.2% $315 / Sq Ft View Prior Sale
11/06/2015 11/06/15 Pending -- -- --
10/13/2015 10/13/15 Price Changed $419,000 -6.7% $336 / Sq Ft
10/02/2015 10/02/15 For Sale $449,000 -- $360 / 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 $5,583 $582,800 $0 $582,800
2024 $5,454 $547,000 $0 $547,000
2023 $6,079 $566,000 $0 $566,000
2022 $5,945 $495,000 $0 $495,000
2021 $5,282 $417,900 $0 $417,900
2020 $5,261 $409,700 $0 $409,700
2019 $5,083 $388,600 $0 $388,600
2018 $5,002 $377,200 $0 $377,200
2017 $4,854 $360,900 $0 $360,900
2016 $4,571 $341,400 $0 $341,400
2015 $4,360 $326,800 $0 $326,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Deborah McManus

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2016

    Michael Webber

    Lamacchia Realty, Inc.

    Section Image
  • Jean Soucy

    Buyer's Agent in 2016

    Jean Soucy

    William Raveis Real Estate

    (978) 270-0119

    3 in this area

    7 Total Sales

    Jean Soucy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72009971

MLS Property Information Network (MLS PIN)

APN: NEWP-000016-000069-000004

Massachusetts Essex County Newburyport 01950

7 Fair St Unit B, Newburyport, MA

This home is located at 7 Fair St Unit B, Newburyport, MA 01950 since 20 May 2016 and is currently estimated at $750,423, approximately $451 per square foot. This property was built in 1850. 7 Fair St Unit B is a home located in Essex County with nearby schools including Francis T. Bresnahan Elementary School, Edward G. Molin Elementary School, and Rupert A. Nock Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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