NOT LISTED FOR SALE

Estimated Value: $714,000 - $810,000

4 Beds
4 Baths
2,020 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $496,000 $246 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,714/month

38 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Andover
  • Patio
  • West Elementary School Rated A-

About This Home

As of July 2019

Don't miss out on the ONLY multi-family for sale in Andover! Desirable location close to downtown, commuter rail, shopping and highway access. Oversized lot with plenty of parking, patio and grassy area. Property has been well maintained and both units are move in ready. Each unit has an updated eat in kitchen, 1.5 baths, 2 bedrooms, hardwood floors, central air and new furnaces. This is a great opportunity for an owner occupant looking for an additional stream of income from the 2nd unit. Also a great investment - other 2BR rentals in town are averaging $2,000/mo.

Last Listed By

Jessica Sherman-Anderson

RE/MAX Encore Listed on: 05/19/2019

RE/MAX Encore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,138

Year Built

  • Built in 1880

Lot Details

  • 0.35

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Tile

Additional Features

  • Patio
  • Year Round Access
  • Water Holding Tank
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,138

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 252.42
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Fbh: 2
  • Total Hbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Bulkhead
  • Main Lo: B95079
  • Main So: BB9927
  • Estimated Sq Ft: 2020.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Tank
  • Utility Connections: for Gas Range
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station

Lot Info

  • Assessments: 357500.00
  • Acre: 0.35
  • Lot Size: 15245.00
  • Page: 318
  • Zoning: SRA
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 4
  • Total Rent: 1600
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5459.00
  • Assessor Parcel Number: 1837502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2011
Sold by
Everhome Mortgage Co
Bought by
Federal National Mortgage Association
Total Days on Market
38
Current Estimated Value
$760,585

Purchase Details

Closed on
Jun 27, 2002
Sold by
Demarco Paul A and Demarco Kristen
Bought by
Heywood Jacob S

Purchase Details

Closed on
Apr 1, 1996
Sold by
Goldstein Rt
Bought by
Demarco Paul A

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
Federal National Mortgage Association $326,400 --
Federal National Mortgage Association $326,400 --
Heywood Jacob S $299,900 --
Heywood Jacob S $299,900 --
Demarco Paul A $135,750 --
Demarco Paul A $135,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Scott J $396,800
Closed Correia Scott J $396,800
Closed Bateson Karl $284,250
Closed Barrett Kevin D $240,000
Closed Demarco Paul A $273,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $496,000 -2.7% $246 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $509,879 0.0% $252 / Sq Ft
06/11/2019 06/11/19 Price Changed $509,900 -2.9% $252 / Sq Ft
05/19/2019 05/19/19 For Sale $525,000 +38.5% $260 / Sq Ft
10/29/2015 10/29/15 Sold $379,000 -9.8% $188 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $420,000 -- $208 / 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 $8,138 $631,800 $235,100 $396,700
2023 $7,099 $519,700 $217,800 $301,900
2022 $6,428 $440,300 $184,600 $255,700
2021 $6,156 $402,600 $167,900 $234,700
2020 $5,758 $383,600 $163,800 $219,800
2019 $5,459 $357,500 $157,500 $200,000
2018 $5,202 $332,600 $148,600 $184,000
2017 $4,654 $306,600 $145,800 $160,800
2016 $4,059 $273,900 $145,800 $128,100
2015 $4,015 $268,200 $140,100 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72500318

MLS Property Information Network (MLS PIN)

APN: ANDO-000038-000089