5 Oak Ter

Newbury, MA 01922

$900,000
Last Sold Price
5
Beds
4,055 Sq. Ft.
$222 / Sq. Ft.
4,055
Sq. Ft.
$222
per Sq. Ft.

Description

A rare opportunity to own a custom-updated 5 bed, 4 bath, 4,055 sqft 2-family ranch (the 2nd unit being a legal 1-bedroom in-law apartment), located on a 0.59 acre lot at the end of a quiet cul de sac street. The main home features 3 bedrooms, 3 full baths, an open-concept kitchen & dining area w/ sliders to the back deck, a sunlight living room w/ wood burning fireplace, hardwood floors & 2-car garage. The in-law apt offers approximately 1,645 sqft, 1 bedroom, 1 bath w/ laundry, an open kitchen/dining...A rare opportunity to own a custom-updated 5 bed, 4 bath, 4,055 sqft 2-family ranch (the 2nd unit being a legal 1-bedroom in-law apartment), located on a 0.59 acre lot at the end of a quiet cul de sac street. The main home features 3 bedrooms, 3 full baths, an open-concept kitchen & dining area w/ sliders to the back deck, a sunlight living room w/ wood burning fireplace, hardwood floors & 2-car garage. The in-law apt offers approximately 1,645 sqft, 1 bedroom, 1 bath w/ laundry, an open kitchen/dining area, a large living room w/ wood-burning fireplace, & private entrance. Additional highlights include a bonus room adjacent to the in-law that can be used as a 2nd bedroom for the in-law, or a 4th bedroom/office for the main house, central AC, natural gas heat, new on-demand water heater, 2-year-old roof, & a lightly used septic system installed in 2015 (passing Title V certificate in hand). Ideal for multi-generational living or rental income, combining comfort, style, & practicality.

Listing Agent

  1. Sean Bakhtiari

    Sean Bakhtiari

    Alternative Listing Agent

    Compass

Property Details for 5 Oak Terrace

Town
Newbury
Area
MA-Newbury
Garage Spaces
2
Parking Spaces
8.00
Parking Spaces Total
10
LISTING UPDATED: 08/02/2024 01:58 PM

Property Details for 5 Oak Terrace

StatusSold
MLS #73250965
Days on Market8
Taxes$5,594 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1968
CountyEssex County
Buyer's Agent Compensation2%

Location

Sold By Coldwell Banker Realty - Beverly, Alex Navarro

Add your commute

Building Information for 5 Oak Terrace

Stories2Residences2Year Built1968Building Size-Lot Size0.59 AC / 25,705 SF

Payment Calculator

$5,182 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,715

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Oak Terrace

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 4055.0
  • SqFt with Basement: Yes
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • High School: Triton
  • Middle School: Triton
Features
Interior Features
  • Appliances: Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: Full, Finished, Walk Out
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Tile, Carpet, Hardwood
  • Interior Features: Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower
  • Laundry Features: Electric Dryer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Deck, Patio
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Cleared, Level
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Please make offers good for at least 24 hours. Email offers to Sean Bakhtiari along with updated preapproval/proof of funds,and signed property disclosures... Seller or seller's agent make no representations or warranties.
Tax Information
  • Tax ID: 2082239
  • Assessments: $728,400
  • Book: 33802
  • Tax Year: 2024
  • Zoning: AR4
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Zones: 1
  • Heat Zones: 3
Income / Expenses
  • GOI: $19,200.00
  • NOI: $19,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 5 Oak Terrace

DateEvent & SourcePriceAppreciation
Aug 2, 2024

Sold

MLS PIN #73250965

$900,000—
Jun 20, 2024

Under Agreement

MLS PIN #73250965

—
Jun 20, 2024

Canceled

MLS PIN #73250964

$875,000—
Jun 15, 2024

Contingent

MLS PIN #73250964

—
Jun 15, 2024

Contingent

MLS PIN #73250965

—
Jun 12, 2024

Listed (Active)

MLS PIN #73250964

$875,000—
Jun 12, 2024

Listed (Active)

MLS PIN #73250965

$875,000—
Jan 15, 2015

Sold (Public Record)

Public Record #486826219

$380,000

+2.7% / yr

Aug 20, 2008

Canceled

MLS PIN #70756020

$449,900—
Aug 20, 2008

Canceled

MLS PIN #70756010

$449,900—
May 5, 2008

Listed (Active)

MLS PIN #70756020

$449,900—
May 5, 2008

Listed (Active)

MLS PIN #70756010

$449,900—
Nov 5, 2007

Canceled

MLS PIN #70657584

$450,000—
Nov 5, 2007

Canceled

MLS PIN #70626044

$450,000—
Oct 2, 2007

Listed (Active)

MLS PIN #70657584

$450,000—
Aug 3, 2007

Listed (Active)

MLS PIN #70626044

$450,000—
Jul 3, 2007

Expired

MLS PIN #70552010

$474,900—
Jul 2, 2007

Expired

MLS PIN #70551802

$474,900—
Apr 3, 2007

Listed (Active)

MLS PIN #70552010

$488,000—
Apr 2, 2007

Listed (Active)

MLS PIN #70551802

$488,000—
Oct 27, 1997

Sold (Public Record)

Public Record #89361490

$240,000—
DateEvent & SourcePrice
08/02/2024

Sold

MLS PIN #73250965

$900,000
06/20/2024

Under Agreement

MLS PIN #73250965

—
06/20/2024

Canceled

MLS PIN #73250964

$875,000
06/15/2024

Contingent

MLS PIN #73250964

—
06/15/2024

Contingent

MLS PIN #73250965

—
06/12/2024

Listed (Active)

MLS PIN #73250964

$875,000
06/12/2024

Listed (Active)

MLS PIN #73250965

$875,000
01/15/2015

Sold (Public Record)

Public Record #486826219

$380,000

+2.7% / yr

08/20/2008

Canceled

MLS PIN #70756020

$449,900
08/20/2008

Canceled

MLS PIN #70756010

$449,900
05/05/2008

Listed (Active)

MLS PIN #70756020

$449,900
05/05/2008

Listed (Active)

MLS PIN #70756010

$449,900
11/05/2007

Canceled

MLS PIN #70657584

$450,000
11/05/2007

Canceled

MLS PIN #70626044

$450,000
10/02/2007

Listed (Active)

MLS PIN #70657584

$450,000
08/03/2007

Listed (Active)

MLS PIN #70626044

$450,000
07/03/2007

Expired

MLS PIN #70552010

$474,900
07/02/2007

Expired

MLS PIN #70551802

$474,900
04/03/2007

Listed (Active)

MLS PIN #70552010

$488,000
04/02/2007

Listed (Active)

MLS PIN #70551802

$488,000
10/27/1997

Sold (Public Record)

Public Record #89361490

$240,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Oak Terrace

Taxable ValueLand$332,300Additions$424,200Total$756,500
Tax Record2025$5,636 ($470 / month)
Home Facts
Baths3Total Finished SqFt4,055 SqFtAbove Grade Finished SqFt4,055 SqFtUnfinished Basement SqFt653 SqFtStories1Lot Size25,705 SqFtStyleDuplexYear Built1968ZoningAR4CountyESSEXAPNNEWB M:0U12 B:0000 L:00012Fireplace TypeHas Fireplace

Schools near 5 Oak Terrace

This home is within Triton School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Newbury Elementary School
PublicPK to 6

Triton Regional Middle School
Public7 to 8

Triton Regional High School
Public9 to 12

Pine Grove
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.