NOT LISTED FOR SALE

8 Olive St Newburyport, MA 01950

Estimated Value: $950,000 - $1,388,000

4 Beds
2 Baths
2,150 Sq Ft
$559/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $655,000 $305 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,176/month

3 Days on Market

About This Home

As of November 2016

GORGEOUS combination of period charm meets urban style! This in-town gem known as the Theophilus Bradbury house was built in 1756 and has been lovingly maintained and improved by the current owner to better meet the needs of today's homeowner. Many of the original period features remain, such as 5 working fireplaces, original wide pine flooring, wood paneling and crown molding while the fully renovated kitchen has become the showpiece of the home and features soapstone countertops, Crownpoint Cabinetry, 4 burner Bertazoni gas range, and top of the line appliances. Other recent improvements include new windows, gas furnace and ductwork, hot water heater. Rare and coveted 2 car detached garage. Fully fenced in yard with bricked patio/dining area provides plenty of outdoor space without any of the mowing. The in-town, walk to waterfront, shops and restaurants location, offers the best of what Newburyport is all about and makes this home unlike any other available on the market today.

Last Agent to Sell the Property

Cheryl Caldwell

William Raveis Real Estate Listed on: 09/26/2016

William Raveis Real Estate

Last Buyer's Agent

Sharon Seabury

Twin Pinnacle Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,336

Year Built

1750

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1750

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Vent Hood
  • Fireplaces: 5
  • Has Basement: Yes
  • Fireplaces: 5
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: 100 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Interior Access, Dirt Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Fireplace, Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor
  • Oth1 Room Name: Office
  • Oth1 Dscrp: Flooring - Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Patio, Gutters, Screens, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Storage, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Stone/Gravel
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • 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

Schools

  • Elementary School: Bresnahan
  • Middle School: Rupert Nock
  • High School: Newburyport

Lot Info

  • Assessor Parcel Number: M:0052 B:0043 L:0000
  • Zoning: R3

Multi Family

  • Foundation: 28 x 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Nov 2, 2016
Sold by
Mary Ellen Mccurley T
Bought by
Ball Debra S
Seller's Agent
Cheryl Caldwell
William Raveis Real Estate
Buyer's Agent
Sharon Seabury
Twin Pinnacle Realty
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$1,202,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,059
Avg. Annual Appreciation
7.04%
Original Mortgage
$523,250
Outstanding Balance
$420,872
Interest Rate
3.48%
Mortgage Type
Unknown
Estimated Equity
$781,187

Purchase Details

Closed on
Nov 6, 2006
Sold by
Sherman Marcia
Bought by
Mccurley Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,617
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Mcelroy Joanne J
Bought by
Feidt John
Source: Public Records

Range of Values:

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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
Ball Debra S $655,000 --
Mccurley Mary Ellen $523,000 --
Feidt John $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Debra S $523,250
Previous Owner Feidt John $502,617
Previous Owner Feidt John $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2016 11/02/16 Sold $655,000 +0.8% $305 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $650,000 -- $302 / 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 $9,336 $974,500 $348,800 $625,700
2024 $9,474 $950,300 $317,100 $633,200
2023 $9,403 $875,500 $275,700 $599,800
2022 $9,471 $788,600 $229,800 $558,800
2021 $9,091 $719,200 $208,900 $510,300
2020 $8,830 $687,700 $208,900 $478,800
2019 $7,964 $608,900 $208,900 $400,000
2018 $7,858 $592,600 $198,900 $393,700
2017 $7,123 $529,600 $189,500 $340,100
2016 $7,144 $533,500 $180,400 $353,100
2015 $6,587 $493,800 $180,400 $313,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72073131

MLS Property Information Network (MLS PIN)

APN: NEWP-000052-000043