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5 Oak Terrace, Newbury MA 01922

Newbury, MA 01922
$900,000
Est. $5,217/month
5
Beds
4
Baths
4,055
Sq Ft
$222
Price/Sq Ft
0.59
Acres
1968
Year Built
7
Days on Market
Closed Listed Jun 12, 2024 • MLS# 73250965 Copied!

About this home

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.

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1968
Bedrooms
5
Full Bathrooms
4
Living Area
4,055 sq ft
Total Rooms
11
Stories
2
Levels
2

Sale Statistics

Sale Overview
Original List Price: $875,000
Final Sale Price: $900,000
Difference: +$25,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $216
Sale $/sq ft: $222
This property sold for $222 per square foot
Sale Summary

This property sold for 2.9% 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.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1968
Living Area 4,055 sq ft
Lot Size 0.59 acres
Bedrooms 5
Full Baths 4
Total Rooms 11

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace Wood Burning
Fireplaces 2
Basement Full, Finished, Walk-out Access
Laundry Electric Dryer Hookup
Features Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck, Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 10

Utilities

Electric None
Water Public
Sewer Private Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer

Financial

Annual Tax $5,594
Assessed Value $728,400

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower
Windows: Insulated Windows
Basement: Full, Finished, Walk-Out Access
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1968
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 1
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures: Shed(s)
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

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Neighborhood

5 Oak Terrace, Newbury MA 01922

Newbury, MA 01922

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
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
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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

10.3%
Price Range
8
Total Days on Market

Property Timeline

Current Active Listing - MLS #73472250
Full transaction history available when tracking began
🏡
Currently Listed
Jan 28, 2026
$975,000
MLS #73472250 - Active
Sold
Aug 2, 2024
$900,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jun 12, 2024
$875,000
Original listing
Agent: The Bakhtiari Group Office: Compass

Price & Status History

Date Event Price Change
Feb 6, 2026 Sold $975,000
Jun 12, 2024 New Listing Added $875,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$222

Tax History

Year Taxes Assessment
2024 $5,594 $728,400

Financial Details

Annual Property Tax
$5,594
Tax Year 2024
Assessed Value
$728,400

Listing Information

Listing Agent The Bakhtiari Group
Listing Office Compass
Agent MLS ID TM356376
Office MLS ID AN7000
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 Newbury, MA

Real-time market trends and pricing data for this area

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Steven Novak

Steven Novak

BMN Boston Real Estate

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