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481 Merrimac St # 1, Newburyport MA 01950

Newburyport, MA 01950
$562,000
2
Beds
1
Baths
1,112
Sq Ft
$505
Price/Sq Ft
1982
Year Built
4
Parking
11
Days on Market
Closed Listed Sep 4, 2024 • MLS# 73284950 Copied! • Updated Oct 10, 2024

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $562,000
Difference: +$13,000 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $494
Sale $/sq ft: $505
This property sold for $505 per square foot
Sale Summary

This property sold for 2.4% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$505/sq ft
Area Average
$507/sq ft
Difference
0.4%

This property sold near the area average for similar homes.

About this home

Welcome to this beautifully maintained townhouse located on Newburyport's popular Merrimac Street! This exceptional property offers the convenience of townhouse living with feel of a single-family home. This townhouse spans two levels, offering ample space and functionality. Enjoy a large, sun-filled private yard with fencing, perfect for outdoor activities, gardening, or simply relaxing in a secluded setting. No HOA fees in this two-unit complex! Experience the benefits of townhouse living without the added cost of monthly condo fees. Located in a desirable area of Newburyport, just a short distance from downtown, you'll be close to a variety of shops, restaurants, the commuter rail to Boston and only a quick drive to Plum Island to enjoy the beach! First showings at open houses!

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Recently Sold Nearby

Property History

Market Insights

2.3%
Price Range
12
Total Days on Market

Property Timeline

Sold
Oct 10, 2024
$562,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Sep 4, 2024
$549,000
Original listing
Agent: Tzortzis Lane Group Office: Coldwell Banker Realty - Ipswich

Tax History

Year Taxes Assessment
2024 $3,642 $365,300

Financial Details

Annual Property Tax
$3,642
Tax Year 2024
HOA Fee
$0
Monthly
Assessed Value
$365,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1982
Living Area 1,112 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, In Unit
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch None
Features Off Street, Paved
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,642
Assessed Value $365,300

HOA & Community

Fee Includes Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures No Hoa Fee - Owners Split Master Insurance: $1, 165 Per Unit Annually. Public Record = 3 Bedroom - Home Is Currently Set Up As 2 Bedroom. Garbage Disposal Recently Stopped Working/needs Replacement. Microwaveis Functioning But Door Required Repair.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 1
Sq Ft Source Measured
Sq Ft Disclosures Measurements approximate and for marketing purposes/Buyers to perform due diligence
Documents None
County Essex
Total market time (incl. prior listings) 12 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1982
Bedrooms
2
Full Bathrooms
1
Living Area
1,112 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Room Details

Second Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower
Bedroom2
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
Master Bedroom
Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Main,First Floor

Dining Room
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Closet, Flooring - Hardwood, Recessed Lighting, Stainless Steel Appliances
Living Room
Exterior Access, Recessed Lighting

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Basement, In Unit
Security:

Construction & Materials

Year Built: 1982
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

481 Merrimac St # 1, Newburyport MA 01950

Newburyport, MA 01950

Listing Information

Listing Agent Tzortzis Lane Group
Listing Office Coldwell Banker Realty - Ipswich
Office Phone 603-334-1900
Agent MLS ID TM356425
Office MLS ID AN8678
Listing Data Updated Oct 10, 2024 7:21 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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