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242 Merrimac St

Newburyport, MA 01950

2 bd 1 ba 1,108 sqft Built 1800 condos
Most recent sale
$610,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $610,000 MLS #72915493
Nov 3, 2021 Listed $595,000 MLS #72915493
Nov 16, 2004 Sold $262,000 Public Record
Oct 2, 2001 Sold $205,000 Public Record
Sep 22, 2000 Sold $145,000 Public Record
Nov 28, 1988 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $598,500 $598,500 $5,595
2023 $518,800 $518,800 $5,572
2022 $357,000 $357,000 $4,288
2021 $353,000 $353,000 $4,462
2020 $345,900 $345,900 $4,441
2019 $327,500 $327,500 $4,284
2018 $317,600 $317,600 $4,211
2017 $303,400 $303,400 $4,081
2016 $286,400 $286,400 $3,835
2015 $273,700 $273,700 $3,651
2014 $265,200 $265,200 $3,755
2006 $235,800 $235,800 $2,419
2005 $189,900 $189,900 $1,998
2004 $135,900 $1,942
2003 $135,900 $135,900 $1,855

Property facts

Year built
1800
Property type
condos
Stories
Beds
2
Baths
1
Living area
1,108 sqft
Lot size
ZIP code
01950
City
Newburyport
Street
Merrimac St
Coordinates
42.81688, -70.88044

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,213
Gross rental yield
6.32%
Implied cap rate
4.11%
Trend-extrapolated value

Frequently asked questions

When did 242 Merrimac St last sell?
242 Merrimac St most recently sold on Dec 15, 2021 for $610,000.
What is the current tax assessment for 242 Merrimac St?
The most recent total assessment for 242 Merrimac St (year 2024) is $598,500 with $5,595 in property tax.
How does 242 Merrimac St's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $610,000.
When was 242 Merrimac St built?
242 Merrimac St was built in 1800.
How does 242 Merrimac St compare to others on Merrimac St?
We track 8 other properties on Merrimac St. Browse the list under "Other properties on Merrimac St" to compare beds, baths, and sale history.
What are the property facts for 242 Merrimac St?
242 Merrimac St is a 2 bed, 1 bath, 1,108 sqft condos.
Is 242 Merrimac St a flip candidate?
No — 242 Merrimac St does not appear in our flips dataset.
Is 242 Merrimac St a tax-appeal candidate?
No — 242 Merrimac St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$844.4K
2026 Q4
$832.5K
ZIP 01950 — Median Price History + Forecast

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