$560,000
SOLD DEC 15, 2022
6 Beds
3 Baths
3,601 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

8% Above List Price

6 Days on Market

Highlights

  • Medical Services
  • 2-minute walk to Ballardvale
  • Jogging Path
  • South Elementary School Rated A
  • Property is near public transit
  • 3-minute walk to Ballardvale Park

About This Home

As of April 2024

Attention all investors, developers and contractors! This remarkable 1850 Greek Revival duplex has endless possibilities for those looking to renovate & hold, or sell as townhouse style condos. Located in the heart of Andover's Ballardvale Historic District. Great commuter location with close proximity to commuter rail, Ballardvale shops, park, South school & a short distance to Rt 93 and 495. This huge 3601sf home needs significant updating, but has the space for two 3 bedroom & 2 full bath units. Each unit consist of a large eat in kitchen with living room, dining room & space for full bath on the first floor. Each second floor has two large bedrooms & additional space for a second full bath. A walk up third floor with one & two additional unheated rooms. Each unit has its own driveway and plenty of outdoor space with a lot size of 7144 sf. Home sold as-is and looking for Cash Buyers only. This home will likely not qualify for conventional financing. Book your showing today!

Last Agent to Sell the Property

Brian and Diana Segool

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Co-Listed By

Robert Bowes

Gibson Sotheby's International Realty

Last Buyer's Agent

Penelope Valdez Mejia

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,885

Year Built

  • Built in 1850

Lot Details

  • 7,144 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • 3,601 Sq Ft Home
  • Stone Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • South Elementary School
  • West Middle School
  • AHS High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 36
  • Assessor Parcel Number M:00157 B:00036 L:00000,1844457

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,885

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3601
  • Stories Total: 6
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 144.13
  • PRICE PER Sq Ft: 155.51
  • MAIN SO: G95022

Exterior Features

  • Foundation Details: Stone
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School

Lot Info

  • Parcel Number: M:00157 B:00036 L:00000,1844457
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7144
  • Lot Size Units: Acres
  • PAGE: 164
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7885
  • Tax Block: 36
  • Tax Book Number: 4155
  • Tax Lot: 0
  • Tax Map Number: 157

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ahs
  • Elementary School: South
  • Middle Or Junior School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 15, 2024
Sold by
Mejia Penelope V
Bought by
Zheng Jian L and Zhuang Xiuzhi
Seller's Agent
Penelope Valdez Mejia
Keller Williams Realty
Buyer's Agent
DLX Team
Dream Realty
List Price
$1,049,900
Sold Price
$1,100,000
Premium/Discount to List
$50,100
4.77%
Total Days on Market
6
Views
24
Current Estimated Value
$1,110,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,321
Avg. Annual Appreciation
0.85%
Original Mortgage
$660,000
Outstanding Balance
$653,916
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$456,405

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 15, 2022
Sold by
Gibbons 2022 T and Gibbons G
Bought by
Valdez-Mejia Penelope
Seller's Agent
Brian and Diana Segool
Gibson Sotheby's International Realty
Buyer's Agent
Penelope Valdez Mejia
Keller Williams Realty
List Price
$519,000
Sold Price
$560,000
Premium/Discount to List
$41,000
7.9%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.50%
Original Mortgage
$504,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1994
Sold by
Gibbons Raymond A
Bought by
Gibbons Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,100,000 None Available
Deed $1,100,000 None Available
Deed $560,000 None Available
Deed $560,000 None Available
Deed $37,500 --
Deed $37,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 Purchase Money Mortgage
Closed $660,000 Purchase Money Mortgage
Previous Owner $504,000 Purchase Money Mortgage
Previous Owner $87,000 No Value Available
Previous Owner $95,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $1,100,000 +4.8% $305 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,049,900 +87.5% $292 / Sq Ft
12/15/2022 12/15/22 Sold $560,000 +7.9% $156 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $519,000 -- $144 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,494 $659,500 $321,200 $338,300
2023 $8,573 $627,600 $289,300 $338,300
2022 $7,885 $540,100 $256,100 $284,000
2021 $7,532 $492,600 $232,800 $259,800
2020 $7,053 $469,900 $227,200 $242,700
2019 $6,630 $434,200 $214,200 $220,000
2018 $6,314 $403,700 $202,100 $201,600
2017 $5,664 $373,100 $198,100 $175,000
2016 $4,968 $335,200 $185,400 $149,800
2015 $4,912 $328,100 $178,300 $149,800
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73049823

MLS Property Information Network (MLS PIN)

APN: ANDO-000157-000036