NOT LISTED FOR SALE

8 Silver Ledge Rd Newbury, MA 01951

Estimated Value: $936,068 - $1,082,000

4 Beds
3 Baths
3,009 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $524,900 $174 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,721/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio

About This Home

As of May 2018

RARE TWO FAMILY located on a cul-de-sac of single family homes in a bucolic country setting. Built in 1981 and sited on 2.8 Acres with a 2 car garage this is an ideal owner occupied property for an extended family or owner with a tenant to help with expenses. FIRST SHOWINGS AT OPEN HOUSE ON SATURDAY MARCH 10 FROM 12-2. ONLY UNIT 2 WILL BE SHOWN AT THAT TIME.

Last Agent to Sell the Property

Susan Thomas

Coldwell Banker Realty - Newburyport License #452000012 Listed on: 03/07/2018

Coldwell Banker Realty - Newburyport

Last Buyer's Agent

William Barrows

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 2.28

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Patio

Utilities

  • Private Sewer

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

2.28 Acres

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 174.44
  • Comp Based On: Net Sale Price
  • Year Built: 1981
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1981

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 5
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: C95236
  • Estimated Sq Ft: 3009.00

Exterior Features

  • Exterior Features: Deck - Wood, Patio
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Stone/Gravel
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Electric Features: 110 Volts
  • Heat Zones: 2

Lot Info

  • Assessments: 444200.00
  • Acre: 2.28
  • Lot Size: 99317.00
  • Page: 524
  • Zoning: AR
  • Lot Description: Corner

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3000
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4842.00
  • Assessor Parcel Number: 2080450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 15, 2018
Sold by
Raymonde Knowles T
Bought by
Perakis John P
Seller's Agent
Susan Thomas
Coldwell Banker Realty - Newburyport
Buyer's Agent
William Barrows
Keller Williams Realty Evolution
List Price
$524,900
Sold Price
$524,900
Current Estimated Value
$1,011,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,617
Avg. Annual Appreciation
8.76%
Original Mortgage
$374,900
Outstanding Balance
$321,714
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$689,803

Purchase Details

Closed on
Nov 16, 2015
Sold by
Knowles Raymonde A
Bought by
Raymonde Knowles T and Raymonde Knowles

Purchase Details

Closed on
Feb 11, 2011
Sold by
Knowles William R and Knowles Raymonde A
Bought by
Newbury Town Of

Purchase Details

Closed on
Apr 30, 1999
Sold by
Guthmann Kurt B and Guthmann Amy M
Bought by
Knowles William Ralph and Knowles-Raymonde Ann

Purchase Details

Closed on
May 15, 1998
Sold by
Proulx Renee F and Proulx Stephen R
Bought by
Guthmann Kurt B and Guthmann Amy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perakis John P $524,900 --
Perakis John P $524,900 --
Perakis John P $524,900 --
Raymonde Knowles T -- --
Raymonde Knowles T -- --
Newbury Town Of $3,457 --
Newbury Town Of $3,457 --
Newbury Town Of $3,457 --
Knowles William Ralph $250,000 --
Knowles William Ralph $250,000 --
Guthmann Kurt B $235,630 --
Guthmann Kurt B $235,630 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perakis John P $374,900
Closed Perakis John P $374,900
Previous Owner Guthmann Kurt B $240,000
Previous Owner Guthmann Kurt B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $524,900 0.0% $174 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $524,900 -- $174 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,312 $847,200 $367,700 $479,500
2024 $6,033 $785,500 $367,700 $417,800
2023 $5,901 $680,600 $324,100 $356,500
2022 $5,720 $587,900 $280,600 $307,300
2021 $5,509 $516,800 $237,000 $279,800
2020 $5,400 $491,400 $237,000 $254,400
2019 $5,312 $491,400 $237,000 $254,400
2018 $4,842 $444,200 $215,200 $229,000
2017 $4,713 $444,200 $215,200 $229,000
2016 $5,062 $444,000 $215,200 $228,800
2015 $4,663 $404,800 $176,000 $228,800
2014 $4,582 $404,800 $176,000 $228,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72290646

MLS Property Information Network (MLS PIN)

APN: NEWB-000035R-000000-000012C

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