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7 Summer St # 7, Newburyport MA 01950

Newburyport, MA 01950
$625,000
Est. $3,799/month
2
Beds
1
Baths
1,591
Sq Ft
$393
Price/Sq Ft
1850
Year Built
14
Days on Market
Closed Listed May 31, 2023 • MLS# 73117745 Copied!

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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Property Overview

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

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 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$393/sq ft
Area Average
$501/sq ft
Difference
21.5%

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

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

Parking

Features None

Utilities

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

Financial

Annual Tax $4,425
Assessed Value $412,000

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:

Location

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Neighborhood

7 Summer St # 7, 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 $369
Homeowners Insurance $200
HOA Fee $70/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

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

Price & Status History

Date Event Price Change
Apr 8, 2026 Sold $725,000
May 31, 2023 New Listing Added $585,000
Mar 11, 2019 Sold $352,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$393

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

Listing Information

Listing Agent Kevin Fruh
Listing Office Gibson Sotheby's International Realty
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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Market Analytics for Newburyport, MA

Real-time market trends and pricing data for this area

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