NOT LISTED FOR SALE

7 Russell Terrace Newburyport, MA 01950

Estimated Value: $592,000 - $708,000

3 Beds
1 Bath
962 Sq Ft
$672/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $530,000 $551 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,892/month

4 Days on Market

Highlights

  • Marina
  • Medical Services
  • Ranch Style House
  • Newburyport High School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of January 2024

Fantastic Fixer Upper with Endless Potential! Opportunity knocks with this hidden gem, a fixer-upper ready to be transformed into the home of your dreams! Nestled on a spacious quarter-acre lot in a desirable neighborhood, this property is perfect for those seeking to build sweat equity or for savvy investors looking to make a smart addition to their portfolio. Conveniently located near commuter routes, shopping centers, schools, restaurants, and all the amenities that Newburyport has to offer, this is an investment in both potential and location.The charm of this property begins with its ideal setting, surrounded by a great community and close to everything you need. The home itself is a blank canvas, bathed in natural sunlight, and offers a clean slate for your creative vision. Bring your ideas to life and tailor this space to suit your unique taste and lifestyle. Imagine the possibilities as you envision the layout, design, and finishes that will make this house sing.

Last Agent to Sell the Property

Sharon Cronin

Gibson Sotheby's International Realty Listed on: 12/13/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Sharon Cronin

Gibson Sotheby's International Realty Listed on: 12/13/2023

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1958

Lot Details

  • 10,670 Sq Ft Lot
  • Level Lot
  • Property is zoned 6998

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 962 Sq Ft Home
  • Dining Area
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number M:0109 B:0011 L:0000,2091414

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,134

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1958
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Flooring - Laminate, Dining Area
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full
  • Living Area: 962
  • Spa YN: No
  • MAIN LO: BB5918
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Cooling: None
  • Heating: Forced Air, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: 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
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0109 B:0011 L:0000,2091414
  • Zoning: 6998
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10670
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5134

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2012
Sold by
Knight Marjorie L and Mcclellan Leslee
Bought by
Carpenter Maya K
Current Estimated Value
$646,138

Purchase Details

Closed on
Jan 19, 2007
Sold by
Knight Marjorie L
Bought by
Mcclellan Beverly A

Purchase Details

Closed on
Oct 17, 2006
Sold by
Knight Tr Leslie E and Knight Marjorie L
Bought by
Knight Marjorie L

Purchase Details

Closed on
Oct 1, 1999
Sold by
Smith-Rapa Melissa
Bought by
Cohen Jeffrey R and Cohen Lorene M

Purchase Details

Closed on
Sep 1, 1995
Sold by
Rapa Donna J
Bought by
Rapa Melissa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carpenter Maya K -- --
Mcclellan Beverly A $178,500 --
Knight Marjorie L -- --
Cohen Jeffrey R $178,500 --
Rapa Melissa $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapa Melissa $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $530,000 +7.1% $551 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $495,000 -- $515 / 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 $5,874 $613,200 $399,000 $214,200
2024 $5,539 $555,600 $362,700 $192,900
2023 $5,134 $478,000 $315,300 $162,700
2022 $4,769 $397,100 $262,800 $134,300
2021 $4,481 $354,500 $238,900 $115,600
2020 $4,458 $347,200 $238,900 $108,300
2019 $4,373 $334,300 $238,900 $95,400
2018 $4,259 $321,200 $227,600 $93,600
2017 $4,175 $310,400 $216,800 $93,600
2016 $3,971 $296,600 $206,400 $90,200
2015 $3,835 $287,500 $206,400 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73187087

MLS Property Information Network (MLS PIN)

APN: NEWP-000109-000011