114 Marblehead St Unit 116 North Andover, MA 01845
Estimated Value: $810,000 - $911,000
5
Beds
3
Baths
2,813
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- Wood Flooring
- North Andover High School Rated A-
- Porch
About This Home
As of July 2021Great opportunity to own a rare 3 Family, cash cow - investment property in North Andover. The property consists of one, three bedroom unit & two, one bedroom units. Additionally, it has been well cared for by thoughtful owners who took pride in offering a well maintained property to their tenants. The property features three,3 yr old furnaces, three, 3 yr old hot water heaters,8 yr old roof, updated insulation, vinyl siding,& replacement windows. More importantly, the owner has 3 Letters of Initial Lead Paint Inspection Compliance in hand so there is little left to do except sit back & collect rent! To that end, the property will be sold w/ great, long term tenants,1 w/ lease, & 2 tenants at will w/ great upside potential to get market rate rents! Owner responsible for landscaping & snow removal. This centrally located property near downtown and highway access to I-495 has 5 off street parking spots & backyard. It will not last. Do not miss this great, local real estate investment!
Last Agent to Sell the Property
Lillian Montalto Signature Properties Listed on: 05/19/2021
Last Buyer's Agent
Firewood Team
Keller Williams Gateway Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,345
Year Built
- Built in 1910
Lot Details
- Year Round Access
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Outdoor Features
- Rain Gutters
- Porch
Schools
- North Andover High School
Utilities
- Water Heater Leased
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00009 B:00019 L:00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Jul 29, 2021
Sold by
Willoe Kevin J and Esparo Mark
Bought by
Aracena Inocencio and Aracena Delce M
Seller's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
Buyer's Agent
Firewood Team
Keller Williams Gateway Realty
List Price
$699,900
Sold Price
$703,000
Premium/Discount to List
$3,100
0.44%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,340
Avg. Annual Appreciation
4.64%
Original Mortgage
$690,266
Outstanding Balance
$634,653
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$203,377
Purchase Details
Closed on
Mar 3, 2006
Sold by
Roix Diana
Bought by
Willoe Kevin J and Esparo Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2004
Sold by
Roix Diana and Dorsett Joseph E
Bought by
Roix Tr Diana and Dorsett Joseph E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,200
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 2004
Sold by
Sifferlen Brian K and Levy Lisa
Bought by
Roix Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,200
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2003
Sold by
Dantonio Salvatore P and Dantonio Susan M
Bought by
Levy Lisa and Levy Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Similar Homes in North Andover, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aracena Inocencio | $703,000 | None Available | |
| Willoe Kevin J | $415,000 | -- | |
| Roix Tr Diana | -- | -- | |
| Roix Diana | $468,000 | -- | |
| Levy Lisa | $407,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aracena Inocencio | $690,266 | |
| Previous Owner | Willoe Kevin J | $327,000 | |
| Previous Owner | Willoe Kevin J | $332,000 | |
| Previous Owner | Willoe Kevin J | $41,500 | |
| Previous Owner | Roix Diana | $421,200 | |
| Previous Owner | Levy Lisa | $326,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | $703,000 | +0.4% | $250 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $699,900 | -- | $249 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,345 | $662,300 | $277,900 | $384,400 |
| 2023 | $7,785 | $636,000 | $255,300 | $380,700 |
| 2022 | $6,950 | $513,700 | $229,200 | $284,500 |
| 2021 | $6,586 | $464,800 | $208,400 | $256,400 |
| 2020 | $6,128 | $446,000 | $208,400 | $237,600 |
| 2019 | $6,169 | $460,000 | $208,400 | $251,600 |
| 2018 | $6,684 | $460,000 | $208,400 | $251,600 |
| 2017 | $5,623 | $393,800 | $168,100 | $225,700 |
| 2016 | $5,030 | $352,500 | $164,900 | $187,600 |
| 2015 | $4,759 | $330,700 | $175,200 | $155,500 |
Source: Public Records
Agents Affiliated with this Home
-
Team Lillian Montalto
Seller's Agent in 2021
Team Lillian Montalto
Lillian Montalto Signature Properties
(978) 815-6301
96 in this area
998 Total Sales
-
F
Buyer's Agent in 2021
Firewood Team
Keller Williams Gateway Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72834019
APN: NAND-000090-000019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, 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. 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.
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