NOT LISTED FOR SALE

8-8A Fairview Ave Newbury, MA 01951

Estimated Value: $1,024,000 - $1,936,000

5 Beds
3 Baths
2,608 Sq Ft
$554/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $829,900 $318 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,105/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Deck
  • Wood Flooring
  • Park

About This Home

As of July 2023

This charming 2-family home is a fantastic opportunity for both homeowners & investors. Situated in a desirable location, with its close proximity to both Newburyport & Plum Island this property boasts a range of attractive features that make it a must-see. The 2-car garage, provides ample space for parking & storage. A functional layout offers two large, separate living spaces, perfect for multi-generational families, rental income, or a combination of both. Each unit offers comfortable living areas, including spacious bedrooms, full bathrooms, in-unit laundry & well-appointed kitchens. One of the standout features of this property is the large backyard, offering a private oasis for outdoor activities. Showings Begin at Open House Thurs 6/15 5:00-6:30. Matterport 3D Tour https://my.matterport.com/show/?m=fjnPwNurcWH

Last Agent to Sell the Property

Frank Bertolino

eXp Realty Listed on: 06/12/2023

eXp Realty

Last Buyer's Agent

Steve St Arnault

The Aland Realty Group LLC

The Aland Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,608 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Newbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Natural Gas Connected
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 2081915

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,718

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1952
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 2608
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 291.37
  • PRICE PER Sq Ft: 318.21
  • MAIN SO: AN6355

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2081915
  • Zoning: AR4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11400
  • Lot Size Units: Acres
  • PAGE: 15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4718
  • Tax Book Number: 34203

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Triton High
  • Elementary School: Newbury Elem
  • Middle Or Junior School: Triton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2015
Sold by
Kelly Gage P
Bought by
Lemp Diana M
Current Estimated Value
$1,444,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Outstanding Balance
$105,165
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$1,339,168

Purchase Details

Closed on
Jul 28, 2014
Sold by
Kelly Kristin A
Bought by
Kelly Gage P

Purchase Details

Closed on
May 18, 2009
Sold by
Kelly Gage P
Bought by
Kelly Gage P
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
Lemp Diana M $135,000 --
Lemp Diana M $135,000 --
Kelly Gage P -- --
Kelly Gage P -- --
Kelly Gage P -- --
Kelly Gage P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemp Diana M $132,554
Closed Lemp Diana M $132,554
Previous Owner Kelly Gage P $65,000
Previous Owner Kelly Gage P $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $829,900 +9.2% $318 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $759,900 -- $291 / 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 $5,638 $756,800 $266,400 $490,400
2024 $4,780 $622,400 $266,400 $356,000
2023 $4,718 $544,200 $248,600 $295,600
2022 $4,571 $469,800 $213,100 $256,700
2021 $4,318 $405,100 $177,600 $227,500
2020 $4,238 $385,600 $177,600 $208,000
2019 $4,168 $385,600 $177,600 $208,000
2018 $3,934 $360,900 $172,300 $188,600
2017 $3,829 $360,900 $172,300 $188,600
2016 $3,963 $347,600 $159,800 $187,800
2015 $3,595 $312,100 $124,300 $187,800
2014 -- $303,200 $115,400 $187,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123491

MLS Property Information Network (MLS PIN)

APN: NEWB-000006U-000000-000104