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126 Merrimac # 7, Newburyport MA 01950

Newburyport, MA 01950
$640,000
Est. $4,288/month
2
Beds
2
Baths
1,181
Sq Ft
$542
Price/Sq Ft
1984
Year Built
20
Days on Market
Closed Listed Oct 9, 2024 • MLS# 73300194 Copied!

About this home

Enjoy one floor living in desirable River's Edge Condominium ideally located within easy walking distance along the board walk to the downtown, adjacent to the rail trail, and abutting Cashman park. The condo features an open concept dining area and fireplaced living room. The living room and primary bedroom have sliders leading to a covered patio letting in lots of natural light. It is a lovely home with a great deal of storage and generous living areas as well as two assigned parking spaces.Seller welcomes offers with requests for Buyer concessions.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
2
Living Area
1,181 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $640,000
Difference: $10,000 (-1.5%)
Performance Metrics
98.5%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $550
Sale $/sq ft: $542
This property sold for $542 per square foot
Sale Summary

This property sold for 1.5% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$542/sq ft
Area Average
$449/sq ft
Difference
+20.6%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1984
Living Area 1,181 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Tile, Vinyl, Carpet, Wood Laminate
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Finish - Sheetrock

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Patio, Covered Patio/deck, Storage, Rain Gutters, Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Patio, Covered

Parking

Features Off Street, Assigned, Guest
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,706
Assessed Value $472,000

Interior Features

Flooring: Tile, Vinyl, Carpet, Wood Laminate
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Finish - Sheetrock
Windows:
Basement: Y
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1984
Structure Type: Garden
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Covered Patio/Deck, Storage, Rain Gutters, Professional Landscaping, Sprinkler System
Patio & Porch: Patio, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Guest

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Public School

Location

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Neighborhood

126 Merrimac # 7, Newburyport MA 01950

Newburyport, MA 01950

Walkability

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Nearby Schools

School District
Newburyport School District local
A-
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

3 schools
Immaculate Conception School
0.3 mi
Grades K-08
Newburyport Montessori School
0.3 mi
Grades PK-K
B+
Edward G. Molin Elementary School
0.7 mi | #255 of 824 | Score: 52.3
Improved 21 spots from last year
-5.9 below state avg
310 students Less Diverse
Rising School
Grades 04-05
M

Middle Schools

1 school
A
Rupert A Nock Middle School
0.7 mi | #59 of 352 | Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students Less Diverse
Rising School
Grades 06-08
H

High Schools

1 school
A
Newburyport High School
0.5 mi | #48 of 346 | Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students Less Diverse
18 sports • 1,722 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $392
Homeowners Insurance $200
HOA Fee $460/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.5%
Price Range
22
Total Days on Market

Property Timeline

Sold
Dec 20, 2024
$640,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Oct 9, 2024
$650,000
Original listing
Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Oct 9, 2024 New Listing Added $650,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$542

Tax History

Year Taxes Assessment
2024 $4,706 $472,000

Financial Details

Annual Property Tax
$4,706
Tax Year 2024
HOA Fee
$460
Monthly
Assessed Value
$472,000

Listing Information

Listing Office Gibson Sotheby's International Realty
Agent MLS ID C9500115
Office MLS ID AN7944
Listing Data Updated Dec 22, 2024 6:34 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Newburyport, MA

Real-time market trends and pricing data for this area

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