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58 Merrimac Street # 2, Newburyport MA 01950

Newburyport, MA 01950
$425,000
Est. $2,975/month
2
Beds
2
Baths
962
Sq Ft
$442
Price/Sq Ft
1988
Year Built
78
Days on Market
Closed Listed Apr 21, 2015 • MLS# 71821361 Copied!

About this home

RARE OPPORTUNITY TO OWN A SINGLE LEVEL, TWO BEDROOM, CONDOMINIUM AT HORTON'S YARD. STUNNING OPEN FLOOR PLAN WITH WALLS OF GLASS OVERLOOKING THE NEWBURYPORT WATERFRONT. UPDATED KITCHEN WITH SPACIOUS LIVING AND DINING AREA WITH NATURAL CHERRY HARDWOOD FLOORS. MASTER BEDROOM EN SUITE. SECOND BEDROOM/OFFICE WITH BUILT-IN BOOKCASE/DESK AND ADJACENT BATHROOM AND LAUNDRY. OTHER AMENITIES INCLUDE CENTRAL AIR, ELEVATOR, SECURE BUILDING, GARAGE PARKING. LOCATED IN THE HEART OF HISTORIC DOWNTOWN, THIS IS THE UNIT YOU HAVE BEEN WAITING FOR!!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
962 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $450,000
Final Sale Price: $425,000
Difference: $25,000 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
78
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $468
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

The property spent 78 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$442/sq ft
Area Average
$563/sq ft
Difference
21.5%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 962 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Marble, Hardwood
Appliances Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features Wired For Sound

Exterior

Construction Brick, Stone
Architecture None
Roof Other
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Assigned, Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,770
Assessed Value $282,600

Interior Features

Flooring: Tile, Marble, Hardwood
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Interior Features: Wired for Sound
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: Garden
Exterior Materials: Brick, Stone
Roof: Other
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
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: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Storage, Assigned, Off Street

Location

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Neighborhood

58 Merrimac Street # 2, 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 $314
Homeowners Insurance $200
HOA Fee $312/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

39.3%
Price Range
79
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73365940
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 10, 2025
$700,000
MLS #73365940
Sold
Jul 17, 2015
$425,000
Property sold
Days on Market: 79
🏠
Listed for Sale
Apr 21, 2015
$450,000
Original listing
Agent: Margaret Cargill Office: RE/MAX On The River, Inc.

Price & Status History

Date Event Price Change
Jun 10, 2025 Sold $700,000
Apr 21, 2015 New Listing Added $450,000

Market Statistics

Days on Market
78 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2015 $3,770 $282,600

Financial Details

Annual Property Tax
$3,770
Tax Year 2015
HOA Fee
$312
Monthly
Assessed Value
$282,600

Listing Information

Listing Office RE/MAX On The River, Inc.
Agent MLS ID C3389748
Office MLS ID C95039
Listing Data Updated Jul 18, 2015 11:36 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 # 2, Newburyport MA 01950 - Photo 1 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 2 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 3 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 4 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 5 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 6 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 7 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 8 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 9 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 10 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 11 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 12 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 13 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 14 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 15 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 16 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 17 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 18 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 19 58 Merrimac Street # 2, Newburyport MA 01950 - Photo 20
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