7 Summer St # 7, Newburyport MA 01950

Newburyport, MA 01950
$625,000
2
Beds
1
Baths
1,591
Sq Ft
$393
Price/Sq Ft
1850
Year Built
14
Days on Market
Sold Listed May 31, 2023 • MLS# 73117745 Copied! • Updated Jun 30, 2023

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Sale Statistics

Sale Overview
Original List Price: $585,000
Final Sale Price: $625,000
Difference: +$40,000 (+6.8%)
Performance Metrics
106.8%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $368
Sale $/sq ft: $393
This property sold for $393 per square foot
Sale Summary

This property sold for 6.8% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$393/sq ft
Area Median
$575/sq ft
Difference
31.6%

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

About this home

Move right in just in time for the summer season! This turn-key condominium unit is located in the heart of downtown Newburyport, just seconds away from the waterfront & boardwalk, shopping and restaurants. Featuring a bright and airy main level floor plan, period details and modern updates blend seamlessly to create ideal harmony. An updated kitchen offers stainless steel appliances, gas cooking, quartz countertops and newly added stone-detailed backsplash. Gleaming pine wood floors span the entire home, complimenting its charm and beauty. Two spacious bedrooms and a full-sized bathroom on the second level. Complete with in-unit laundry on the main level. Abundance of exclusive storage space in basement. Potential to expand interior living space into the third floor, walk-up attic. A private, outdoor oasis awaits - showcasing a fully enclosed patio and lush yard surrounded with gardens and greenery. Enjoy all that the Newburyport coastal lifestyle has to offer!

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Recently Sold Nearby

Property History

Market Insights

51.4%
Price Range
16
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73468521
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 8, 2026
$725,000
MLS #73468521
Sold
Jun 30, 2023
$625,000
Property sold
Days on Market: 16
🏠
Listed for Sale
May 31, 2023
$585,000
Original listing
Agent: Kevin Fruh Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72365757
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 11, 2019
$352,000
MLS #72365757

Tax History

Year Taxes Assessment
2023 $4,425 $412,000

Financial Details

Annual Property Tax
$4,425
Tax Year 2023
HOA Fee
$70
Monthly
Assessed Value
$412,000

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 1,591 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas, Ductless
Cooling Ductless
Flooring Tile, Pine
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Closet, Entry Hall

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,425
Assessed Value $412,000

HOA & Community

HOA Fee $70 Monthly
Fee Includes Insurance
Amenities None
Optional Fee Includes None
Pets Yes
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Half-Duplex"]
Unit/Building 7
Sq Ft Source Public Record
Sq Ft Disclosures all measurements are approximate & for marketing purposes only
Documents None
County Essex
Total market time (incl. prior listings) 16 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Living Area
1,591 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Pine
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Closet, Entry Hall
Windows:
Basement: Y
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1850
Structure Type: Half-Duplex
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Ductless
Heating Zones: 5
Cooling: Ductless
Cooling Zones: 4
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard, Garden
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

7 Summer St # 7, Newburyport MA 01950

Newburyport, MA 01950

Listing Information

Listing Agent Kevin Fruh
Listing Office Gibson Sotheby's International Realty
Office Phone 978-255-3569
Agent MLS ID C7000051
Office MLS ID AN7944
Listing Data Updated Jun 30, 2023 2:15 PM 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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