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5 Milk St # 5, Newburyport MA 01950

Newburyport, MA 01950
$840,000
Est. $5,060/month
3
Beds
2.5
Baths
1,571
Sq Ft
$535
Price/Sq Ft
1850
Year Built
13
Days on Market
Closed Listed May 14, 2024 • MLS# 73237640 Copied!

About this home

Experience the epitome of downtown living with this stunning Newburyport South End gem! Just two blocks from downtown's vibrant restaurants, shops, and the scenic rail trail, and a short drive to the beautiful Plum Island beaches, this fully renovated historic property offers unparalleled convenience and charm. Step into a move-in-ready home featuring a gourmet kitchen with quartz countertops and premium Jenn Air appliances, two and a half luxurious new baths, a new roof, an updated electrical system, central air conditioning, and gleaming wood floors. The cozy new fireplace adds to the charm and warmth of the living space. The second-floor owner’s suite is a true retreat, complete with a bedroom, office, washer/dryer hook up, and a spacious, spa-like bath. The third floor provides two additional bedrooms and a full bath, perfect for accommodating your family or guests. Ideal for entertaining, the home includes a private Beacon Hill-style courtyard. All this and no condo fee.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,571 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $795,000
Final Sale Price: $840,000
Difference: +$45,000 (+5.7%)
Performance Metrics
105.7%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $506
Sale $/sq ft: $535
This property sold for $535 per square foot
Sale Summary

This property sold for 5.7% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$535/sq ft
Area Average
$487/sq ft
Difference
+9.9%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 1,571 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances None
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck - Wood, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck - Wood

Parking

Features Leased
Total Spaces 1

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,350
Assessed Value $737,200

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1850
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood, Fenced Yard
Patio & Porch: Porch, Deck - Wood
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Leased

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

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Neighborhood

5 Milk St # 5, Newburyport MA 01950

Newburyport, MA 01950

Walkability

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Nearby Schools

School information not available for this location.

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 $613
Homeowners Insurance $200
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

5.4%
Price Range
14
Total Days on Market

Property Timeline

Sold
Jul 3, 2024
$840,000
Property sold
Days on Market: 14
🏠
Listed for Sale
May 14, 2024
$795,000
Original listing
Agent: Stephen Cavanaugh Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
May 14, 2024 New Listing Added $795,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$535

Tax History

Year Taxes Assessment
2024 $7,350 $737,200

Financial Details

Annual Property Tax
$7,350
Tax Year 2024
Assessed Value
$737,200

Listing Information

Listing Office Keller Williams Realty Evolution
Agent MLS ID CN211777
Office MLS ID AN6888
Listing Data Updated Jul 3, 2024 11:44 AM EDT
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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