NOT LISTED FOR SALE

60 Russell St North Andover, MA 01845

Estimated Value: $773,000 - $824,000

4 Beds
2 Baths
2,112 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $665,000 $315 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,968 / mo

6 Days on Market

Highlights

  • Deck
  • Property is near public transit and schools
  • Jogging Path
  • North Andover High School Rated A-
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of September 2021

Light & bright 2 family home located in the desirable Library District neighborhood. Excellent potential for 2 unit income or owner occupied plus 1 unit rental income. Excellent fully occupied rental history! Offers 2-car garage w/ generous driveway parking. Both units are spacious with 9 foot ceilings & recently renovated with refinished hardwood floors, new windows, & freshly painted. The updated kitchens include granite countertops & updated stainless steel appliances. Each unit features separate back decks for outdoor enjoyment. The 1st floor bathroom has been completely renovated down to the studs with new flooring, tile shower/bath, lighting & vanity. The 2nd floor includes a heated sunroom and a pantry for storage. Walk up attic for expansion - potential for a 3rd BR/additional storage. Convenient to Routes 495 and 93 as well as shopping and restaurants. Don't miss this solid investment opportunity located in sought after North Andover!

Last Agent to Sell the Property

Arthur Martiroso

Keller Williams Realty Listed on: 07/28/2021

Keller Williams Realty

Last Buyer's Agent

Frank McDermott

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit and schools

Schools

  • Atkinson Elementary School
  • Na Middle School
  • Na High School

Utilities

  • Heating Available
  • Separate Meters
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,700
  • Assessor Parcel Number M:00070 B:00043 L:00000,2069072

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1930 | Remodeled

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Internet Available - Unknown), Unit 2(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 2112
  • Stories Total: 3
  • Window Features: Storm Window(s), Screens
  • MAIN LO: G95022
  • MAIN SO: AN0992

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Private School, Public School, Sidewalks

Lot Info

  • Parcel Number: M:00070 B:00043 L:00000,2069072
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5001

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5922

Multi Family

  • Net Operating Income: 44400
  • Number Of Units Total: 2
  • Total Actual Rent: 3700
  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Na High School
  • Elementary School: Atkinson
  • Middle Or Junior School: Na Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Bought by
Current Estimated Value
$798,832

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
Seller's Agent
Arthur Martiroso
Keller Williams Realty
Buyer's Agent
Frank McDermott
LAER Realty Partners
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$498,750
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 7, 2015
Closed on
Feb 22, 2016
Sold by
Bought by
Seller's Agent
Rick Coco
RE/MAX Partners
Buyer's Agent
Rick Coco
RE/MAX Partners
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$352,699
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$665,000 None Available
$325,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $498,750
Previous Owner $352,699
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $665,000 +2.5% $315 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $649,000 +99.7% $307 / Sq Ft
02/22/2016 02/22/16 Sold $325,000 +8.3% $147 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $300,000 -- $136 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,674 $681,500 $288,300 $393,200
2024 $7,088 $639,100 $271,400 $367,700
2023 $6,819 $557,100 $249,300 $307,800
2022 $6,145 $454,200 $223,900 $230,300
2021 $5,922 $417,900 $203,500 $214,400
2020 $5,742 $417,900 $203,500 $214,400
2019 $6,033 $449,900 $203,500 $246,400
2018 $6,537 $449,900 $203,500 $246,400
2017 $5,122 $358,700 $156,800 $201,900
2016 $4,907 $343,900 $153,800 $190,100
2015 $4,172 $289,900 $148,500 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72872638

MLS Property Information Network (MLS PIN)

APN: NAND-000700-000043

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