NOT LISTED FOR SALE

Estimated Value: $859,000 - $1,030,000

4 Beds
2 Baths
2,208 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $880,000 $399 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,947/month

11 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Deck
  • West Elementary School Rated A-
  • Spa
  • Property is near public transit

About This Home

As of February 2023

Unique two family opportunity with the advantages of in-town Andover living, that can live like a single family or offer owner occupied income opportunities. Close to the Commuter rail and all that downtown Andover restaurants and shops have to offer, with the sought after school combination of Bancroft/Doherty. Long list of recent updates, including new kitchens, full baths, windows, tankless hot water, flooring, finished lower level, exterior walkways, decking, interior paint and more. Roof and siding and one of heating systems were updated approx 10 years ago. Estimated rent in current market are $2300 - $2400 per month per unit). Over-sized yard has beautiful gardens and plantings and a storage type out building. Double wide paved drive for convenient off street parking for 4 cars. Fresh and ready to go!

Last Listed By

Gretchen Papineau

Listed on: 12/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,713

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 10,498

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bancroft Elementary School
  • Doherty Middle School
  • Andover High School

Utilities

  • Heating Available
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • 10,498 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number M:00020 B:00058 L:0000A,1836148

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,713

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1918
  • Buyer Agency: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Wood Laminate, Unit 1(undefined), Unit 2(Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Upgraded Cabinets,Upgraded Countertops,Open Floor Plan), Unit 2(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Open Floor Plan), Unit 1 Rooms(Dining Room,Kitchen,Family Room,Mudroom), Unit 2 Rooms(Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range,Dishwasher), Tankless Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 2208
  • Spa Features: Unit 1 Jacuzzi/Whirlpool Soaking Tub
  • Spa YN: Yes
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 405.34
  • PRICE PER Sq Ft: 398.55
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00020 B:00058 L:0000A,1836148
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10498
  • Lot Size Units: Acres
  • PAGE: 341
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9713
  • Tax Book Number: 13694

Multi Family

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

MLS Schools

  • High School: Andover
  • Elementary School: Bancroft
  • Middle Or Junior School: Doherty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2004
Sold by
Richardson Amy B and Lutz Beth
Bought by
Richardson Tr Beth M and Richardson James S
Total Days on Market
11
Current Estimated Value
$919,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Twenty Walnut Avenue T and Twenty Richardson
Bought by
Lutz Jonathan C and Lutz Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1999
Sold by
Richardson Thomas H
Bought by
Richardson James S

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
Richardson Tr Beth M -- --
Richardson Tr Beth M -- --
Lutz Jonathan C -- --
Lutz Jonathan C -- --
Richardson James S $275,000 --
Richardson James S $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mitesh $654,750
Closed Patel Mitesh $654,750
Closed Nguyen Steven D $312,500
Closed Nguyen Steven D $326,400
Closed Lutz Jonathan C $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $880,000 -1.7% $399 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $895,000 +117.5% $405 / Sq Ft
11/07/2013 11/07/13 Sold $411,500 -0.8% $186 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $415,000 -- $188 / 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 $10,175 $790,000 $474,400 $315,600
2023 $10,148 $742,900 $427,300 $315,600
2022 $9,713 $665,300 $378,100 $287,200
2021 $9,273 $606,500 $343,800 $262,700
2020 $8,719 $580,900 $335,400 $245,500
2019 $7,934 $519,600 $297,100 $222,500
2018 $7,571 $484,100 $280,200 $203,900
2017 $6,857 $451,700 $274,900 $176,800
2016 $6,087 $410,700 $257,000 $153,700
2015 $6,003 $401,000 $247,300 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73065295

MLS Property Information Network (MLS PIN)

APN: ANDO-000020-000058-A000000