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5 Water Street, Rear # D, Newburyport MA 01950

Newburyport, MA 01950
$850,000
Est. $5,715/month
2
Beds
2
Baths
991
Sq Ft
$858
Price/Sq Ft
1800
Year Built
76
Days on Market
Closed Listed Oct 3, 2024 • MLS# 73298356 Copied!

About this home

There is nothing else like it available in downtown Newburyport. 2 bedrooms, 2 bath condominium, one brick fireplace, 991 sq ft living area with views of downtown Newburyport as well as a private 240 sq ft outdoor roof top deck with new Trex decking and a direct view of the Merrimac River and Waterfront Park. This two-story unit comes with one deeded parking space and has been completely renovated. New insulated/ sound reducing windows, remodeled kitchen with custom cabinets, quartz countertop and new appliances. Completely new bathrooms (tiled floors and showers, vanities and countertops), new stackable washer and dryer. Oak hardwood floors have been sanded and refinished. Only 3 residential units in the building. There is a dumbwaiter accessible only to the three residential units. If you've ever dreamt of living in beautiful Downtown Newburyport this unit is in the heart of everything this small city has to offer. Don't miss this opportunity to own this very special unit.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
2
Full Bathrooms
2
Living Area
991 sq ft
Total Rooms
4
Stories
2
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $935,000
Final Sale Price: $850,000
Difference: $85,000 (-9.1%)
Performance Metrics
90.9%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $943
Sale $/sq ft: $858
This property sold for $858 per square foot
Sale Summary

This property sold for 9.1% below the original asking price.

The property spent 76 days on market before selling.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$858/sq ft
Area Average
$485/sq ft
Difference
+77.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1800
Living Area 991 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Heat Pump
Flooring Wood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry Third Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Deck, Deck - Roof, Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Roof, Deck - Composite

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,988
Assessed Value $700,900

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1800
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Roof, Deck - Composite
Patio & Porch: Deck, Deck - Roof, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type:
Waterfront: Yes
Waterfront Type: Waterfront, River, Walk to, Public
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station

Location

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Neighborhood

5 Water Street, Rear # D, 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 $582
Homeowners Insurance $200
HOA Fee $635/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

5%
Price Range
78
Total Days on Market

Property Timeline

Sold
Jan 10, 2025
$850,000
Property sold
Days on Market: 78
🏠
Listed for Sale
Oct 3, 2024
$895,000
Original listing
Agent: Richard Sullivan Office: eXp Realty

Price & Status History

Date Event Price Change
Oct 3, 2024 New Listing Added $895,000

Market Statistics

Days on Market
76 days
Price per Sq Ft
$858

Tax History

Year Taxes Assessment
24 $6,988 $700,900

Financial Details

Annual Property Tax
$6,988
Tax Year 24
HOA Fee
$635
Monthly
Assessed Value
$700,900

Listing Information

Listing Agent Richard Sullivan
Listing Office eXp Realty
Agent MLS ID C9501216
Office MLS ID AN8613
Listing Data Updated Jan 10, 2025 12:33 PM EST
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

5 Water Street, Rear # D, Newburyport MA 01950 - Photo 1 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 2 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 3 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 4 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 5 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 6 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 7 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 8 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 9 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 10 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 11 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 12 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 13 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 14 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 15 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 16 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 17 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 18 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 19 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 20 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 21 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 22 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 23 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 24 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 25 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 26 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 27 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 28 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 29 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 30 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 31 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 32 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 33 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 34 5 Water Street, Rear # D, Newburyport MA 01950 - Photo 35
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