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266 Merrimac St # B, Newburyport MA 01950

Newburyport, MA 01950
$2,450,000
Est. $14,968/month
3
Beds
3.5
Baths
3,371
Sq Ft
$727
Price/Sq Ft
2016
Year Built
7
Days on Market
Closed Listed Oct 10, 2024 • MLS# 73300843 Copied!

About this home

The crème de la crème of Newburyport Waterfront Luxury! A once in a lifetime opportunity to own the Crown Jewel of The Newburyport Landing, Newburyport’s premier luxury waterfront condominiums. Elegantly appointed end-unit town home, designed to maximize its supreme vantage point, providing the best river and marsh views one lucky buyer could imagine. Enjoy the river in all its glory, year-round, from your stunning kitchen/dining/living area, bedrooms, generous deck, private patio and fenced-in yard by the riverbank. No expense has been spared to perfect this magnificent open concept, 3-ensuite bedroom unit with exquisite finishes and 2-car garage. Sauna, Savant System/Surround Speakers, Beverage Center, California Closets throughout are just a few of the home's lavish upgrades. Enjoy the RiverWalk, Rail Trail, Launch your kayak just outside your door. Newburyport is your oyster from this unbeatable location! Reach List Agent to schedule showings beginning Sat 10/12

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2016
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,371 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $2,300,000
Final Sale Price: $2,450,000
Difference: +$150,000 (+6.5%)
Performance Metrics
106.5%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $682
Sale $/sq ft: $727
This property sold for $727 per square foot
Sale Summary

This property sold for 6.5% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$727/sq ft
Area Average
$395/sq ft
Difference
+84.0%

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

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2016
Living Area 3,371 sq ft
Bedrooms 3
Full Baths 3
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Unit
Features Bonus Room

Exterior

Construction None
Architecture None
Roof None
Features Deck, Patio, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck, Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,222
Assessed Value $1,627,100

Interior Features

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

Construction & Materials

Year Built: 2016
Structure Type: Townhouse, Half-Duplex
Exterior Materials:
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Under, Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River, Ocean, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

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Neighborhood

266 Merrimac St # B, Newburyport MA 01950

Newburyport, MA 01950

Walkability

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Nearby Schools

School District
Newburyport School District local
A-
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

3 schools
B+
Edward G. Molin Elementary School
0.7 mi | #255 of 824 | Score: 52.3
Improved 21 spots from last year
-5.9 below state avg
310 students Less Diverse
Rising School
Grades 04-05
A-
Francis T Bresnahan Elementary School
0.7 mi | #236 of 824 | Score: 53.0
Improved 129 spots from last year
-5.2 below state avg
584 students Less Diverse
Rising School
Grades PK-03
Immaculate Conception School
0.7 mi
Grades K-08
M

Middle Schools

1 school
A
Rupert A Nock Middle School
0.7 mi | #59 of 352 | Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students Less Diverse
Rising School
Grades 06-08
H

High Schools

1 school
A
Newburyport High School
0.4 mi | #48 of 346 | Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students Less Diverse
18 sports • 1,722 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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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 $1,352
Homeowners Insurance $200
HOA Fee $1,028/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

6.1%
Price Range
8
Total Days on Market

Property Timeline

Sold
Nov 27, 2024
$2,450,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Oct 10, 2024
$2,300,000
Original listing
Agent: Richard Zaniboni Office: RE/MAX Bentley's

Price & Status History

Date Event Price Change
Oct 10, 2024 New Listing Added $2,300,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$727

Tax History

Year Taxes Assessment
2024 $16,222 $1,627,100

Financial Details

Annual Property Tax
$16,222
Tax Year 2024
HOA Fee
$1,028
Monthly
Assessed Value
$1,627,100

Listing Information

Listing Agent Richard Zaniboni
Listing Office RE/MAX Bentley's
Agent MLS ID C8000327
Office MLS ID AN8279
Listing Data Updated Nov 27, 2024 2:18 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

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