2 Parker Ridge Way, #2, Newburyport, MA, 01950 | $850,000

2 PARKER RIDGE WAY – These coveted units rarely become available and it's easy to see why! Finishes are the perfect mixture of sophistication and charm and the layout is as ideal for entertaining as it is for cozy quiet nights at home. Walls of glass & an expansive composite deck bring the outdoors in & flood the home with natural light. The open floor plan flows comfortably with a fireplaced living room, dining room, breakfast nook, 1/2 bath & open kitchen on the main level, and two spacious bedroom suites each with their own private bath and laundry area on the 2nd floor. Full unfinished lower level with 11’ ceilings and walkout provide exceptional expansion opportunities. Central AC, ample storage throughout, attached 1 car garage with 1 additional parking space, pet friendly, professionally managed and maintained. Parker Ridge provides a lifestyle as well as a home for those lucky enough to reside here. Minutes to the vibrant downtown Newburyport shops & restaurants! Don't miss it!

Features

  • Parking: 1-car, Storage, Insulated, Off Street
  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Complex: Parker Ridge Condominium
  • Year Built: 1994
  • Common Charge: $618 Monthly
  • Approx Sq. Feet: 1,863
  • Est. Taxes: $7,114
  • Pets Allowed: Yes
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Vacuum System
  • MLS#: 73315063
  • Website: https://www.raveis.com
    /raveis/73315063/2parkerridgeway_newburyport_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Closet, Flooring - Wall to Wall Carpet19.0 x 16.0Second
Dining Room Flooring - Hardwood, Open Floorplan, Lighting - Pendant12.0 x 14.0Main,First
Kitchen Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove12.0 x 17.0Main,First
Living Room Flooring - Hardwood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting20.0 x 14.0Main,First
Master Bedroom Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet27.0 x 12.0Second

William Raveis Family of Services

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Cheryl CaldwellSales Associate

978.609.1041

Cheryl.Caldwell@raveis.com

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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2 Parker Ridge Way, #2, Newburyport, MA, 01950

$850,000

Cheryl Caldwell

Sales Associate

William Raveis Real Estate

Phone: 978.609.1041

Cheryl.Caldwell@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $593 $593 $593
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,968 $4,298 $5,738
Total Monthly Payment $4,653 $4,983 $6,423

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.