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68 Milk Street

68 Milk Street, Newburyport, MA 01950
Property in Newburyport
Sold Nov 05, 2021
$530,000
$503,500 by Guaranteed Rate Inc
Mortgage Due Nov 05, 2051
68 Milk Street in Newburyport, MA was first built in 1850 and is 174 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 8 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. 68 Milk Street has 1,349 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 1,990 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 68 Milk Street sold most recently in Nov 5, 2021 for a total of $530,000. If you work out the math, that's approximately a cost of $392.88 per sqft. 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 $7,151 in taxes each year. 68 Milk Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $717,300. If we break it down further, the land itself was valued at $333,600. Improvements to the property, however, were assessed at a total of $383,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

On-Street Parking
Permit Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,990
  • Total Building Area: 1,349
  • Gross Building Area: 2,506
  • Building Area: 1,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,349
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAIMO JOHN P
  • Current Owner 2: RAIMO ROSE
  • Previous Owner : ELWELL ELIZABETH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268400

Geography

  • District: 206
  • Parcel: NEWP M:0021 B:0019 L:0000
  • Block: 19
  • Municipality: NEWBURYPORT
  • Latitude: 42.8053
  • Longitude: -70.8629

    Address

  • Full Address: 68 Milk St
  • Address - House Number: 68
  • Address - Street Name: Milk
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C026
  • 4-Digit Zip Code: 3016
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,151

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 94
  • Final Value: 574,327
  • High Value: 620,220
  • Low Value: 528,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $503,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $717,300
  • Assessed Land Value: $333,600
  • Assessed Improvements Value: $383,700

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11864717507
  • Current Sale Price: $530,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20211105002050

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $503,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Newburyport



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Frequently Asked Questions

What neighborhood is 68 Milk Street located in?
The 68 Milk Street is a located in the neighborhood of Newburyport in Newburyport, Newburyport.
What is the average sales price for listings in 68 Milk Street?
The average sales price for units in 68 Milk Street is $0 currently.

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