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332 Merrimac Street

332 Merrimac Street, Newburyport, MA 01950
Property in Newburyport
Sold Oct 01, 2020
$609,000
$597,969 by Draper And Kramer Mortgage Cor
Mortgage Due Oct 01, 2050
Sold Aug 30, 2017
$505,000
$404,000 by Leader Bank Na
Mortgage Due Aug 30, 2047
332 Merrimac Street in Newburyport, MA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 332 Merrimac Street has 1,644 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,066 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 332 Merrimac Street sold most recently in Sep 30, 2020 for a total of $609,000. If you work out the math, that's approximately a cost of $370.44 per sqft. Before that, the property was also sold for $505,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,184 in taxes each year. 332 Merrimac Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $720,600. If we break it down further, the land itself was valued at $338,100. Improvements to the property, however, were assessed at a total of $382,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Off Street Parking
Tandem Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,066
  • Total Building Area: 1,644
  • Gross Building Area: 3,422
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,644
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHILLIPS RYAN D
  • Previous Owner : NEWBURYPORT PROP LLC
  • Owner Before Previous Owner: LARNARD RAYMOND J JR E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268200

Geography

  • District: 206
  • Parcel: NEWP M:0065 B:0018 L:0000
  • Block: 18
  • Municipality: NEWBURYPORT
  • Latitude: 42.821
  • Longitude: -70.8849

    Address

  • Full Address: 332 Merrimac St
  • Address - House Number: 332
  • Address - Street Name: Merrimac
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C008
  • 4-Digit Zip Code: 2041
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,184

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 814,887
  • High Value: 986,453
  • Low Value: 643,320

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $650,702
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $597,969
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Jan 25, 2023
  • Second Open Lien Mortgage Loan Amount: $52,733
  • Second Open Lien Mortgage Term: 324
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $720,600
  • Assessed Land Value: $338,100
  • Assessed Improvements Value: $382,500

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11790589128
  • Current Sale Price: $609,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20201001004310
  • Previous Sale Recording Date: Aug 30, 2017
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $597,969
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: LEADER BANK NA
  • Previous Mortgage Transaction Date: Aug 30, 2017
  • Previous Mortgage Loan Amount: $404,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 30, 2047

About Newburyport



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Frequently Asked Questions

What neighborhood is 332 Merrimac Street located in?
The 332 Merrimac Street is a located in the neighborhood of Newburyport in Newburyport, Newburyport.
What is the average sales price for listings in 332 Merrimac Street?
The average sales price for units in 332 Merrimac Street is $0 currently.

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