NOT LISTED FOR SALE

101 Elm St Andover, MA 01810

Estimated Value: $1,003,000 - $1,261,743

6 Beds
2 Baths
2,736 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $675,000 $247 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,848/month

1 Day on Market

Highlights

  • Deck
  • West Elementary School Rated A-
  • Porch

About This Home

As of August 2020

**EXCELLENT INVESTMENT OPPORTUNITY DESIRABLE LOCATION ** Less than half mile to downtown shops, cafes, & restaurants. Corner lot 2 family. Ideal property to live in one unit & rent out the other unit. Unit 1 currently vacant w/ updated kitchen new cabinets, counter-tops, sink, dishwasher, microwave, as well as improvements in the bathroom including new toilet, vanity, & sink. Nothing to do but move in. Estimated market rent between $2,200 - $2,400/month. Unit 2, also in good condition, currently occupied by long-term tenant-at-will paying $1,650/month. Fair market rent is $2,200 - $2,400/month. Potential for extra living space on the 3rd floor includes unfinished attic space. Also great opportunity for investor looking to put down 25% and rent out both units and eventually condo convert. Solid property in a desirable market w/ an exceptional ROI, no matter if you’re looking to live in one unit or rent out both. Property won’t last long. Group Showing. Thurs June 18th has been cancelled

Last Agent to Sell the Property

Steve Martin

Aluxety Listed on: 06/15/2020

Last Buyer's Agent

Jon Maren

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,467

Year Built

  • Built in 1928

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00021 B:00082 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,467

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1700
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 228.44
  • Comp Based On: Net Sale Price
  • Year Built: 1928
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN5638
  • Main So: G95022
  • Estimated Sq Ft: 2736.00

Exterior Features

  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 120
  • Sewer: 600
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access

Lot Info

  • Assessments: 574200.00
  • Acre: 0.13
  • Lot Size: 5813.00
  • Page: 74
  • Parcel Number: M:00021 B:00082 L:00000
  • Zoning: SRA
  • Lot Description: Corner, Wooded, Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 4800
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 8619.00
  • Assessor Parcel Number: 1836345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2006
Sold by
Kirk Robert D and Kirk Ching Lien
Bought by
Kirk Robert D and Kirk Ching Lien
Current Estimated Value
$1,095,686

Purchase Details

Closed on
Aug 26, 1988
Sold by
Reming Edw J
Bought by
Kirk Robert D
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kirk Robert D -- --
Kirk Robert D -- --
Kirk Robert D $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirk Robert D $250,000
Previous Owner Kirk Robert D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $675,000 +8.0% $247 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $625,000 -- $228 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $12,467 $967,900 $441,000 $526,900
2023 $11,052 $809,100 $408,400 $400,700
2022 $9,667 $662,100 $346,200 $315,900
2021 $9,160 $599,100 $314,600 $284,500
2020 $8,619 $574,200 $306,900 $267,300
2019 $8,005 $524,200 $281,100 $243,100
2018 $7,645 $488,800 $265,300 $223,500
2017 $6,908 $455,100 $260,100 $195,000
2016 $6,384 $430,800 $260,100 $170,700
2015 $6,301 $420,900 $250,200 $170,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72673789

MLS Property Information Network (MLS PIN)

APN: ANDO-000021-000082