NOT LISTED FOR SALE

7 Strong St Newburyport, MA 01950

Estimated Value: $887,000 - $1,097,000

4 Beds
2 Baths
2,423 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $765,000 $316 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,646/month

11 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Newburyport High School Rated A-
  • Property is near public transit
  • 5-minute walk to Cashman Park

About This Home

As of August 2022

Whether you are a FIRST TIME HOME BUYER or a seasoned INVESTOR, this house has something for you. Originally a single family home, it has since been split into a first and second floor two-family home, kept in great condition by the same loving family for over thirty years. Each unit offers two beds, a full bath, a spacious kitchen and dining room. (see floor plans). In addition there is tremendous amounts of SPACE and potential for growth in both the attic as well as the basement. The roof is ca. 12 years old, the paint job is under 5 years old, the water tanks and furnace is under 5 years old, there are hardwood floors upstairs, and both units have been kept immaculately clean over the years. Being only a half mile from downtown to the South or to Cashman Park to the North, your biggest problem now is to decide which of Newburyport's amazing restaurants to walk to for dinner tonight!

Last Agent to Sell the Property

Matthew Blanchette

Keller Williams Realty Evolution Listed on: 06/15/2022

Keller Williams Realty Evolution

Last Buyer's Agent

Matthew Blanchette

Keller Williams Realty Evolution Listed on: 06/15/2022

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,596

Year Built

  • Built in 1890

Lot Details

  • 3,250 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,423 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number M:0050 B:0007 L:0000,2087634

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,596

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Laminate
  • Fireplace YN: No
  • Appliances: Oil Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished
  • Living Area: 2423
  • Stories Total: 3
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 336.36
  • PRICE PER Sq Ft: 315.72
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, Ocean, River, Walk to, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:0050 B:0007 L:0000,2087634
  • Zoning: unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3250
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7596
  • Tax Book Number: 0

Multi Family

  • Gross Income: 21600
  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Arela Llc $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $765,000 -6.1% $316 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $815,000 -- $336 / 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 $7,503 $783,200 $348,600 $434,600
2024 $7,223 $724,500 $316,900 $407,600
2023 $7,135 $664,300 $275,500 $388,800
2022 $7,596 $632,500 $229,600 $402,900
2021 $7,291 $576,800 $208,700 $368,100
2020 $7,108 $553,600 $208,700 $344,900
2019 $6,482 $495,600 $208,700 $286,900
2018 $6,378 $481,000 $198,800 $282,200
2017 $5,812 $432,100 $189,300 $242,800
2016 $5,719 $427,100 $180,300 $246,800
2015 $5,316 $398,500 $180,300 $218,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72998273

MLS Property Information Network (MLS PIN)

APN: NEWP-000050-000007