NOT LISTED FOR SALE

198 Lancaster Rd North Andover, MA 01845

Estimated Value: $1,739,592 - $1,847,000

4 Beds
5 Baths
5,482 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $1,750,000 $319 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,994/month

Highlights

  • Cabana
  • Landscaped Professionally
  • No HOA
  • Franklin Elementary School Rated A-
  • 2 Fireplaces
  • Jogging Path

About This Home

As of July 2024

Offered FOR RENT is this stately residence in Newcastle Estates, one of the most upscale residential neighborhoods of North Andover! The property exudes timeless Elegance and Charm and offers 5482 sq ft ( 4 bedroom/ 3 full 2 half bathrooms) of well designed & functional floorplan enhanced by top of the line fixtures & luxurious finishes. Inside, on the main floor, discover an elegant foyer with bridal staircase, a Chef's kitchen with top of the line designer appliances, a formal dining and sitting room, an executive office & a great room with access to an expansive deck and serene back yard. 4 bedrooms are on 2-nd level with multiple bathrooms and laundry room. Lower level is finished into a game room with a wet bar, GYM etc. The back yard is an oasis of natural splendor and tranquility. You will find a basketball/tennis court, in-ground pool, hot tub and a pool house- perfect for outdoor enjoyment and relaxation in nature's embrace. 3 Car Garage and plenty additional parking.

Last Agent to Rent the Property

North Star International Realty Team

LAER Realty Partners Listed on: 06/14/2024

LAER Realty Partners

Co-Listed By

Olga Rotaru

LAER Realty Partners

LAER Realty Partners

Last Renter's Agent

Olga Rotaru

LAER Realty Partners

LAER Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,056

Year Built

  • Built in 1994

Lot Details

  • Near Conservation Area
  • Fenced Yard
  • Landscaped Professionally
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,482 Sq Ft Home
  • Decorative Lighting
  • 2 Fireplaces
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Cabana
  • Heated In Ground Pool

Schools

  • Franklin Elem. Elementary School
  • Nam Middle School
  • Nah High School

Additional Features

  • Property is near schools
  • Cooling Available

Listing and Financial Details

  • Security Deposit $9,500
  • Property Available on 7/1/24
  • Rent includes gardener, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 2071296

Community Details

Overview

  • No Home Owners Association

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,056

Year Built

Built in 1994

Lot Details

0

Parking

3

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-07-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 9500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bathrooms: 4
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Accessibility Features: No
  • Living Area: 5482
  • Spa YN: No
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 1.61
  • PRICE PER Sq Ft: 1.61
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Pool - Inground Heated, Cabana, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard
  • Fencing: Fenced
  • Home Warranty YN: No
  • Other Structures: Cabana
  • Pool Features: Pool - Inground Heated
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Total Parking Spaces: 10

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Walk/Jog Trails, Conservation Area, Public School
  • Rent Includes: Gardener, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2071296
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1.03
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Nah
  • Elementary School: Franklin Elem.
  • Middle Or Junior School: Nam

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2018
Sold by
Pinho James F and Pinho Kerri J
Bought by
James F Pinho Lt
Current Estimated Value
$1,796,648

Purchase Details

Closed on
Jun 14, 1994
Sold by
A J Maillet Constr
Bought by
Pinho James F
Source: Public Records

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
James F Pinho Lt -- --
Pinho James F $493,800 --
James F Pinho Lt -- --
Pinho James F $493,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinho James F $272,500
Previous Owner Pinho James F $250,000
Previous Owner Pinho James F $265,000
Previous Owner Pinho James F $270,500
Previous Owner Pinho James F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $8,800 0.0% --
07/19/2024 07/19/24 Under Contract -- -- --
07/13/2024 07/13/24 Price Changed $8,800 -7.4% $2 / Sq Ft
06/26/2024 06/26/24 Price Changed $9,500 0.0% $2 / Sq Ft
06/14/2024 06/14/24 Sold $1,750,000 0.0% $319 / Sq Ft
06/14/2024 06/14/24 For Rent $10,000 0.0% --
05/11/2024 05/11/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $1,785,000 -- $326 / 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 $17,056 $1,514,700 $436,000 $1,078,700
2024 $15,062 $1,358,200 $414,200 $944,000
2023 $14,240 $1,163,400 $331,400 $832,000
2022 $13,709 $1,013,200 $287,800 $725,400
2021 $13,259 $935,700 $261,700 $674,000
2020 $12,766 $929,100 $255,100 $674,000
2019 $12,459 $929,100 $255,100 $674,000
2018 $13,500 $929,100 $255,100 $674,000
2017 $13,777 $964,800 $231,100 $733,700
2016 $12,940 $906,800 $235,500 $671,300
2015 $14,610 $1,015,300 $219,900 $795,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73252735

MLS Property Information Network (MLS PIN)

APN: NAND-000104D-000171