118 Palomino Dr North Andover, MA 01845
5
Beds
3.5
Baths
3,891
Sq Ft
0.28
Acres
Highlights
- Golf Course Community
- Spa
- Colonial Architecture
- Franklin Elementary School Rated A-
- Open Floorplan
- Deck
About This Home
As of July 2025This beautifully maintained, single-owner home offers both privacy and convenience in one of the area's most sought-after neighborhoods. Set on a private lot, the property is in turnkey condition, featuring newer systems including heating, air conditioning, and hot water. The oversized eat-in kitchen flows seamlessly into a spacious family room with direct access to a rear deck, perfect for entertaining or relaxing outdoors. Upstairs, you'll find four generously sized bedrooms, two full bathrooms, and a convenient laundry area. The primary suite stands out with its impressive design and layout, offering a peaceful retreat. The walk-out lower level adds even more versatility, complete with a kitchenette, family room, an additional bedroom, and a full bath—ideal for guests, extended family, or multi-generational living. With easy access to major commute routes and close proximity to the highly regarded Franklin School, this home checks all the boxes for location, comfort, and livability.
Last Buyer's Agent
Joseph Cipoletta
Aluxety
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,890
Year Built
- Built in 2003
Lot Details
- 0.28 Acre Lot
- Fenced Yard
- Fenced
- Sprinkler System
- Wooded Lot
- Property is zoned VR
HOA Fees
- $21 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Blown Fiberglass Insulation
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Wet Bar
- Chair Railings
- Crown Molding
- Wainscoting
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Insulated Windows
- Bay Window
- Window Screens
- Family Room with Fireplace
- Home Office
- Play Room
Kitchen
- Oven
- Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Linen Closet
- Walk-In Closet
- Linen Closet In Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Home Security
- Home Security System
- Storm Doors
Outdoor Features
- Spa
- Deck
- Rain Gutters
Location
- Property is near public transit
Schools
- Franklin Elementary School
- NAMS Middle School
- NAHS High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 3 Heating Zones
- Heating System Uses Oil
- 220 Volts
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Block C112
- Assessor Parcel Number M:00108 B:C0112 L:00000,3767845
Community Details
Recreation
- Golf Course Community
- Jogging Path
Additional Features
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2025
Closed on
Jun 30, 2025
Sold by
Farmer Daniel
Bought by
Cipoletta Joseph and Serino-Cipoletta Jessica
Seller's Agent
The Carroll Team
RE/MAX Partners
Buyer's Agent
Joseph Cipoletta
Aluxety
List Price
$1,149,900
Sold Price
$1,100,000
Premium/Discount to List
-$49,900
-4.34%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.41%
Purchase Details
Closed on
Apr 18, 2003
Sold by
Pulte Homes Of Ne Llc
Bought by
Farmer Daniel and Farmer Karen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in North Andover, MA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,100,000 | -- | |
| Deed | $632,917 | -- | |
| Deed | $632,917 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $116,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $1,100,000 | -4.3% | $283 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $1,149,900 | -- | $296 / 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 |
|---|---|---|---|---|
| 2025 | $11,561 | $1,026,700 | $339,500 | $687,200 |
| 2024 | $11,006 | $992,400 | $321,600 | $670,800 |
| 2023 | $10,417 | $851,100 | $271,600 | $579,500 |
| 2022 | $10,020 | $740,600 | $246,600 | $494,000 |
| 2021 | $9,633 | $679,800 | $223,300 | $456,500 |
| 2020 | $9,340 | $679,800 | $223,300 | $456,500 |
| 2019 | $9,116 | $679,800 | $223,300 | $456,500 |
| 2018 | $9,877 | $679,800 | $223,300 | $456,500 |
| 2017 | $9,740 | $682,100 | $184,300 | $497,800 |
| 2016 | $9,116 | $638,800 | $183,100 | $455,700 |
| 2015 | $9,143 | $635,400 | $176,700 | $458,700 |
Source: Public Records
Agents Affiliated with this Home
-
The Carroll Team
Seller's Agent in 2025
The Carroll Team
The Carroll Team
(978) 475-2100
51 in this area
382 Total Sales
-
J
Buyer's Agent in 2025
Joseph Cipoletta
Aluxety
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73371309
APN: NAND-000108C-000112
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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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