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58 Merrimac Street # 3, Newburyport MA 01950

Newburyport, MA 01950
$515,000
Est. $3,628/month
1
Beds
2
Baths
960
Sq Ft
$536
Price/Sq Ft
0.00
Acres
1988
Year Built
6
Days on Market
Closed Listed Jun 18, 2024 • MLS# 73253619 Copied!

About this home

Rare opportunity to own in Newburyport's historic district.... PLUS views of the waterfront along the Merrimack River... PLUS two covered parking spots. This affordable condo features one bedroom with a second room, including a closet that can be used as a den or office. The unit faces northeast and is flooded with natural light by a bank of windows in the main living area and primary bedroom. The kitchen, dining, and living room are all open and take advantage of the incredible natural light flooding the unit most of the day. Open the front door and you are less than 1000 feet from Historic Market Square, the hub of all the best Newburyport offers. Restaurants, boutiques, cafes and events are all a short distance from your new home. There is two assigned parking spots in the secured garage under the building with elevator access. The unit also offers a small storage cage on the garage level.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
1
Full Bathrooms
2
Living Area
960 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $515,000
Final Sale Price: $515,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $536
Sale $/sq ft: $536
This property sold for $536 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$536/sq ft
Area Average
$518/sq ft
Difference
+3.5%

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

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 960 sq ft
Lot Size 0.0000
Bedrooms 1
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air
Cooling Central Air
Flooring Tile, Carpet, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup
Features Closet, Den

Exterior

Construction None
Architecture None
Roof Metal
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Garage Door Opener, Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,527
Assessed Value $554,400

Interior Features

Flooring: Tile, Carpet, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Closet, Den
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: Mid-Rise
Exterior Materials:
Roof: Metal
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Off Street

Location

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Neighborhood

58 Merrimac Street # 3, 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
Newburyport Montessori School
0.2 mi
Grades PK-K
Immaculate Conception School
0.2 mi
Grades K-08
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
0.7 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
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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 $461
Homeowners Insurance $200
HOA Fee $363/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

8
Total Days on Market

Property Timeline

Sold
Jul 16, 2024
$515,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jun 18, 2024
$515,000
Original listing
Agent: Kevin Vitali Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Jun 18, 2024 New Listing Added $515,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$536

Tax History

Year Taxes Assessment
2024 $5,527 $554,400

Financial Details

Annual Property Tax
$5,527
Tax Year 2024
HOA Fee
$363
Monthly
Assessed Value
$554,400

Listing Information

Listing Agent Kevin Vitali
Listing Office Real Broker MA, LLC
Agent MLS ID G8000162
Office MLS ID AN4866
Listing Data Updated Aug 1, 2024 7:26 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

58 Merrimac Street # 3, Newburyport MA 01950 - Photo 1 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 2 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 3 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 4 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 5 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 6 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 7 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 8 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 9 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 10 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 11 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 12 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 13 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 14 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 15 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 16 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 17 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 18 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 19 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 20 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 21 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 22 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 23 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 24 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 25 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 26 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 27 58 Merrimac Street # 3, Newburyport MA 01950 - Photo 28
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