NOT LISTED FOR SALE

87 Old Point Rd Newbury, MA 01951

Estimated Value: $1,799,354

0.59 Acre
$3,049,753 Price per Acre
25,700 Sq Ft Lot

Last Sold February 21, 2017

Last sale price $299,500

Est. 501% increase in value since last sale

Current estimated payment $10,418/month

272 Days on Market

Highlights

  • Scenic Views
  • Corner Lot
  • No HOA
  • Waterfront

About This Lot

As of February 2017

Unusually fine building site with excellent natural landscaping in place: grasses, juniper and pine trees/shrubs. This large lot is on the Basin side of the island, and has amazing views out of the over marshes and to downtown Newburyport. The surrounding homes, including one very new one, are substantial and lovely structures. Because this is an oversized lot, the allowed lot coverage of 20% equals a footprint of 5,218.48 square feet, with a home of 6,523.10 square feet maximum. Buyer is responsible for paying the remaining water and sewer betterment charge and for any and all permits necessary to build.

Last Agent to Sell the Property

Patricia Skibbee

River Valley Real Estate Listed on: 10/20/2015

Last Buyer's Agent

John Magazzu

Charlesgate Realty Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $491

Lot Details

  • 0.59 Acre Lot
  • Waterfront
  • Corner Lot
  • Property is zoned RA

Schools

  • Newbury Elemen Elementary School
  • Triton Middle School
  • Triton Regional High School

Additional Features

  • Scenic Vista Views
  • Flood Zone Lot
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 2081728

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$491

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C04500
  • MAIN SO: AN2612

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, River, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Public Sewer, At Street
  • Gas: None
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2081728
  • Zoning: RA
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Corner Lot
  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25700.399999
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 26092
  • PERC TEST: N

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 490.75
  • Tax Block: 00
  • Tax Lot: 8

MLS Schools

  • High School: Triton Regional
  • Elementary School: Newbury Elemen
  • Middle Or Junior School: Triton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 21, 2017
Sold by
Janet S Mcghee T
Bought by
Bringola Thomas and Bringola Tracy
Seller's Agent
Patricia Skibbee
River Valley Real Estate
Buyer's Agent
John Magazzu
Charlesgate Realty Group LLC
List Price
$315,000
Sold Price
$299,500
Premium/Discount to List
-$15,500
-4.92%
Current Estimated Value
$1,799,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,499,854

Purchase Details

Closed on
Feb 11, 2011
Sold by
Mcghee Janet S and Mcghee Janet S
Bought by
Newbury Town Of
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
Bringola Thomas $299,500 --
Bringola Thomas $299,500 --
Newbury Town Of $1,528 --
Bringola Thomas $299,500 --
Newbury Town Of $1,528 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $299,500 -4.9% --
01/22/2017 01/22/17 Pending -- -- --
10/20/2015 10/20/15 For Sale $315,000 -- --
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 $11,774 $1,580,400 $750,400 $830,000
2024 $11,378 $1,481,500 $700,400 $781,100
2023 $10,191 $1,175,400 $456,700 $718,700
2022 $9,958 $1,023,400 $387,900 $635,500
2021 $9,353 $877,400 $325,400 $552,000
2020 $6,826 $621,100 $275,400 $345,700
2019 $6,714 $621,100 $275,400 $345,700
2018 $3,002 $275,400 $275,400 $0
2017 $2,922 $275,400 $275,400 $0
2016 $2,427 $212,900 $212,900 $0
2015 $491 $42,600 $42,600 $0
2014 $482 $42,600 $42,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71921442

MLS Property Information Network (MLS PIN)

APN: NEWB-000005U-000000-000008