NOT LISTED FOR SALE

8 Rolfes Ln Unit 8R Newbury, MA 01951

Estimated Value: $1,270,000 - $1,771,000

4 Beds
3 Baths
2,875 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $760,000 $264 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,409/month

64 Days on Market

About This Home

As of June 2016

Nestled in a private park-like setting is 8 Rolfs Lane, built in 1910, this carriage house was originally part of the Perry Estate on High Road. Completely renovated, this unique residence retains many of its original features from the tongue and groove paneling to the original stalls, hitching bar, barn doors and fireplaces. The large open living area boasts a curved wall, beautiful custom-designed floor-to -ceiling stained glass window and a wall of French doors leading to the private and quiet backyard. A 2nd floor deck provides a wonderful place to entertain guests or curl up with a book. This peaceful oasis is perfectly located, close to downtown Newburyport, commuter rail, beaches and the Wildlife Refuge. Just off the Newbury Green, it offers the perfect combination of privacy and convenience, historical charm and modern amenities.

Last Agent to Sell the Property

Dolores Person

William Raveis Real Estate Listed on: 04/04/2016

William Raveis Real Estate

Last Buyer's Agent

Margaret Cargill

RE/MAX On The River, Inc. License #452000175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,190

Year Built

  • 1910

Lot Details

  • 0.51

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,190

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Electric: 200 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available, French Doors
  • Basement: Full, Walk Out, Bulkhead, Unfinished Basement
  • Bedroom 2: Second Floor, 14X14
  • Bedroom 3: Second Floor, 13X12
  • Bedroom 4: First Floor, 12X11
  • Bathroom #1: First Floor, 08X06
  • Bathroom #2: Second Floor, 11X09
  • Bathroom #3: Second Floor, 08X07
  • Kitchen: First Floor, 21X10
  • Laundry Room: Second Floor, 10X07
  • Living Room: First Floor, 24X17
  • Master Bedroom: Second Floor, 17X17
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 16X09
  • Family Room: First Floor, 18X13
  • Oth1 Room Name: Den
  • Oth1 Dimen: 11X10
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth2 Room Name: Sitting Room
  • Oth2 Dimen: 12X10
  • Oth2 Dscrp: Flooring - Hardwood
  • Oth3 Room Name: Study
  • Oth3 Dimen: 11X10
  • Oth3 Dscrp: Flooring - Hardwood
  • Oth5 Room Name: Office
  • Oth5 Dimen: 13X10
  • Oth5 Dscrp: Flooring - Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Deck, Gutters, Storage Shed
  • Foundation: Fieldstone, Brick
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Oil
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Zoning: AR4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Marks Ann and Marks David
Bought by
Panaccione John and Marks David
Current Estimated Value
$1,445,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Outstanding Balance
$620,271
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$825,649

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 29, 2016
Sold by
Adler Donald H and Yoder-Adler Rebecca
Bought by
Marks David and Marks Ann
Seller's Agent
Dolores Person
William Raveis Real Estate
Buyer's Agent
Margaret Cargill
RE/MAX On The River, Inc.
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Jan 28, 2016
Sold by
Adler Donald H and Yoder-Adler Rebecca
Bought by
Brandwein Jared R and Brandwein Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Duff Elizabeth A and Duff George Robert
Bought by
Jaffe Michael S and Jaffee Lisa D
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
Panaccione John $885,000 --
Panaccione John $885,000 --
Marks David $760,000 --
Marks David $760,000 --
Brandwein Jared R $350,000 --
Brandwein Jared R $350,000 --
Jaffe Michael S $610,620 --
Jaffe Michael S $610,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panaccione John $708,000
Closed Panaccione John $708,000
Previous Owner Brandwein Jared R $280,000
Previous Owner Jaffe Michael S $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $760,000 -1.9% $264 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $775,000 -- $270 / 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 $9,190 $1,233,500 $612,000 $621,500
2024 $9,232 $1,202,100 $612,000 $590,100
2023 $8,993 $1,037,300 $497,300 $540,000
2022 $8,698 $893,900 $420,800 $473,100
2021 $8,216 $770,700 $325,100 $445,600
2020 $8,238 $749,600 $325,100 $424,500
2019 $8,103 $749,600 $325,100 $424,500
2018 $7,807 $716,200 $325,100 $391,100
2017 $7,492 $706,100 $325,100 $381,000
2016 $8,457 $741,800 $354,400 $387,400
2015 $8,332 $723,300 $354,400 $368,900
2014 $7,648 $675,600 $312,700 $362,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71982499

MLS Property Information Network (MLS PIN)

APN: NEWB-000010U-000000-000016