NOT LISTED FOR SALE

1550 Salem St North Andover, MA 01845

Estimated Value: $910,025 - $968,000

4 Beds
3 Baths
2,464 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $490,000 $199 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,901/month

46 Days on Market

About This Home

As of September 2015

New Septic System just installed, New Gas Furnace! Freshly painted inside and out! Great home with 4 bedrooms that all have hardwood floors and new windows. Recently updated baths. Dining room has in laid wood floors and coffered ceiling. Large family room is bright and sunny with french doors leading to enclosed sun room where you can enjoy your morning coffee overlooking the large level yard. Town Water. Large composite deck overlooks a large level grassy yard with fruit trees and lots of privacy. A sledding hill in the back makes this yard perfect for outdoor fun all year round. Walk out Basement with new wall to wall carpet makes a great TV or play room and offers a home office with additional storage closet.

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group Listed on: 07/03/2015

Last Buyer's Agent

Andrew Martel

EWK Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,847

Year Built

1971

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Washer, Vacuum System
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Electric: 110 Volts
  • Energy: Prog. Thermostat
  • Flooring: Wood, Tile, Wood Laminate
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available, Walk-up Attic, French Doors
  • Basement: Full, Finished, Walk Out
  • Bedroom 2: Second Floor, 11X12
  • Bedroom 3: Second Floor, 9X16
  • Bedroom 4: Second Floor, 11X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 11X21
  • Laundry Room: First Floor
  • Living Room: First Floor, 11X18
  • Master Bedroom: Second Floor, 11X21
  • Master Bedroom Description: Bathroom - 3/4, Closet, Flooring - Hardwood
  • Dining Room: First Floor, 11X15
  • Family Room: First Floor, 13X23

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed, Deck - Composite, Fruit Trees
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 2
  • Parking: Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Wind
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 5
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Sargent School
  • Middle School: Nams
  • High School: Nahs

Lot Info

  • Assessor Parcel Number: M:00106 B:B0054 L:00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2015
Closed on
Sep 25, 2015
Sold by
Smith Henry P and Smith Pamela J
Bought by
Carter Sean and Carter Jessica
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Andrew Martel
EWK Realty
List Price
$479,900
Sold Price
$490,000
Premium/Discount to List
$10,100
2.1%
Current Estimated Value
$947,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,756
Avg. Annual Appreciation
6.69%
Original Mortgage
$488,747
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1996
Sold by
Martin Gordon S
Bought by
Smith Henry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1988
Sold by
Pryor Glenn G
Bought by
Martin Gordon S
Source: Public Records

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 Buyer Sale Price Title Company
Carter Sean $490,000 --
Smith Henry P $237,000 --
Martin Gordon S $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Sean $110,540
Open Carter Sean $579,000
Closed Carter Sean $573,259
Closed Carter Sean $563,500
Closed Carter Sean $495,573
Closed Carter Sean $452,373
Closed Carter Sean $488,747
Previous Owner Smith Henry P $225,000
Previous Owner Martin Gordon S $192,000
Previous Owner Martin Gordon S $177,000
Previous Owner Martin Gordon S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $490,000 +2.1% $199 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $479,900 -- $195 / 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
2025 $8,847 $785,700 $420,000 $365,700
2024 $8,369 $754,600 $398,200 $356,400
2023 $8,029 $656,000 $336,300 $319,700
2022 $7,469 $552,000 $305,800 $246,200
2021 $7,149 $504,500 $277,500 $227,000
2020 $6,932 $504,500 $277,500 $227,000
2019 $6,765 $504,500 $277,500 $227,000
2018 $7,330 $504,500 $277,500 $227,000
2017 $6,555 $459,000 $217,400 $241,600
2016 $6,193 $434,000 $216,100 $217,900
2015 $6,235 $433,300 $212,600 $220,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71867673

MLS Property Information Network (MLS PIN)

APN: NAND-000106B-000054