Welcome to this beautifully maintained townhouse located on Newburyport's popular Merrimac Street! This exceptional property offers the convenience of townhouse living with feel of a single-family home. This townhouse spans two levels, offering ample space and functionality. Enjoy a large, sun-filled private yard with fencing, perfect for outdoor activities, gardening, or simply relaxing in a secluded setting. No HOA fees in this two-unit complex! Experience the benefits of townhouse living without the added cost of monthly condo fees. Located in a desirable area of Newburyport, just a short distance from downtown, you'll be close to a variety of shops, restaurants, the commuter rail to Boston and only a quick drive to Plum Island to enjoy the beach! First showings at open houses!
Sale Statistics
Sale Overview
Original List Price:$549,000
Final Sale Price:$562,000
Difference:
+$13,000 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$494
Sale $/sq ft:$505
This property sold for $505 per square foot
Sale Summary
This property sold for 2.4% above the original asking price, indicating strong buyer demand.
With only 11 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1982
Bedrooms
2
Full Bathrooms
1
Living Area
1,112 sq ft
Total Rooms
5
Stories
2
Entry Level
1
Interior Features
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Laundry Features
In Basement, In Unit
Basement Details
Y
Exterior & Structure
Roof
Shingle
Exterior Features
Storage, Fenced Yard
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
HOA Fee
$0
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,642
Tax Year
2024
Tax Assessed Value
$365,300
Parcel Number
M:0069 B:0043B L:0000,2089026
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Heritage Heights Condo Association
Common Walls
End Unit
Disclosures
NO HOA fee - owners split master insurance: $1, 165 per unit annually. Public Record = 3 bedroom - home is currently set up as 2 bedroom. Garbage disposal recently stopped working/needs replacement. Microwaveis functioning but door required repair.
Location
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Neighborhood
481 Merrimac St # 1, Newburyport MA 01950
Newburyport, MA 01950
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$304
Homeowners Insurance$200
HOA Fee$0
PMI$0
Property History
Market Insights
2.3%
Price Range
12
Total Days on Market
Property Timeline
✓
Sold
Oct 10, 2024
$562,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Sep 4, 2024
$549,000
Original listing
Agent: Tzortzis Lane GroupOffice: Coldwell Banker Realty - Ipswich
