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58 Merrimac Street # 3, Newburyport MA 01950

Newburyport, MA 01950
$826,000
Est. $5,264/month
2
Beds
2.5
Baths
1,423
Sq Ft
$580
Price/Sq Ft
1988
Year Built
18
Days on Market
Closed Listed Jun 9, 2021 • MLS# 72846053 Copied!

About this home

Spectacular Horton's Yard Fully Renovated Two Bedroom Penthouse Condominium with exceptional harbor and river views. You will be dazzled by the quality and detail the current owners have taken to make this home a showpiece. Inviting living room with gas fireplace, many classic built-ins and access to a private outdoor deck with one of the best views in Newburyport. Spacious dining room with custom cabinetry leads you into a wonderful kitchen with state of the art appliances and granite counters. First floor ½ bath with pedestal sink and wainscoting. Capture the morning sunrise from the master bedroom suite with loads of light, additional water views including the Atlantic Ocean in the distance with adjacent balcony and walk in closet. Guests will be pleased with the 2nd bedroom suite including delightful granite and a tiled shower. One car garage parking & additional storage are also included in this building with an elevator. All located within minutes of dining, shopping & parks

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,423 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $750,000
Final Sale Price: $826,000
Difference: +$76,000 (+10.1%)
Performance Metrics
110.1%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $527
Sale $/sq ft: $580
This property sold for $580 per square foot
Sale Summary

This property sold for 10.1% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$580/sq ft
Area Average
$563/sq ft
Difference
+3.0%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,423 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Electric Baseboard, Heat Pump, Natural Gas
Cooling Central Air, Heat Pump
Flooring Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry In Unit
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Under
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,122
Assessed Value $484,300

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: Townhouse
Exterior Materials: Brick
Roof: Other
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric Baseboard, Heat Pump, Natural Gas
Heating Zones: 2
Cooling: Central Air, Heat Pump
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Marina

Location

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Neighborhood

58 Merrimac Street # 3, 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 $510
Homeowners Insurance $200
HOA Fee $377/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

37.7%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73253619
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 16, 2024
$515,000
MLS #73253619
Sold
Jul 30, 2021
$826,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jun 9, 2021
$750,000
Original listing
Agent: Tom Mahoney Office: Coldwell Banker Realty - Newburyport

Price & Status History

Date Event Price Change
Jul 16, 2024 Sold $515,000
Jun 9, 2021 New Listing Added $750,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$580

Tax History

Year Taxes Assessment
2021 $6,122 $484,300

Financial Details

Annual Property Tax
$6,122
Tax Year 2021
HOA Fee
$377
Monthly
Assessed Value
$484,300

Listing Information

Listing Agent Tom Mahoney
Listing Office Coldwell Banker Realty - Newburyport
Agent MLS ID C9500248
Office MLS ID AN6226
Listing Data Updated Jul 30, 2021 10:44 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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