NOT LISTED FOR SALE

205 Main St North Andover, MA 01845

Estimated Value: $725,000 - $796,000

2 Beds
2 Baths
1,450 Sq Ft
$525/Sq Ft Est. Value

About This Home

Tenant At Will Lease, $2,100 deposit, Available October 1, 2024. Monthly Rent $2,100

Please read the listing information before inquiring about the unit. All interested parties will require prescreening. Please be ready to provide your credit scores, monthly incomes, total occupants and phone number prior to requesting a showing.

This unit will be rent unfurnished.

The rental unit is on the first floor of a 2-family house located in an area within walking distance to North Andover center and the Machine Shop Village (restaurants/business’). The current tenant that lives on the second floor is quit and that is what I would prefer for this rental unit as well. The rental unit is approx.1450 square feet with 2 bedrooms and 1 bathroom, living room to the front of the house, large kitchen with 8-foot island, and dining area/sunroom (multi use).

The unit has finished hardwood floors throughout, updated kitchen with granite countertop, tile backsplash, new cabinets, newer appliances, and a wine fridge. The entire kitchen was updated approx. 5 years ago. The bathroom has also been updated with new tiled Kohler tub/shower, new vanity, and tile flooring. All windows were replaced over the last 5 years. The unit will include a 55” Samsung HD TV that is mounted on the Livingroom wall. The heating system/hot water is a Navien Tankless System that is efficient. The house sits on a large yard with mature trees and shrubs. The unit has a nice size private deck on the rear of the house with an adjacent gravel sitting area with a firepit. The unit has 2 off street parking spots (left hand side of driveway). The customer sized window shades will be staying.

The unit includes a working dryer but no washing machine hookups. The washer is not plumbed for use at this time.

Nonsmoking building and no pets allowed. Tenant pays utilities - owner pays maintenance, water, sewage, lawn care and snow plowing in winter- tenant clears front steps and walkways and rear deck in winter. This may change as I am working to secure a plow company that will take care for the shoveling as well.

First month ($2,100) and security deposits ($2,100) paid upfront totaling ($4,200) - all income, credit -employment and cash reserves need to be verified with 2 months most recent banks statements. Although the lease is considered a Tenant At Will, I am looking for a tenant to occupy the unit for 1 year.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2013
Sold by
Pauline T Burns Irt
Bought by
Palmer Arthur
Current Estimated Value
$761,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,920
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Burns Pauline T
Bought by
Sprague Tr Carolyn R and Burns Eileen T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Palmer Arthur $334,900 --
Sprague Tr Carolyn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Arthur $143,306
Closed Palmer Arthur L $150,000
Closed Palmer Arthur $267,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Rent $2,100 -- --

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 $7,184 $647,800 $301,700 $346,100
2023 $6,601 $539,300 $277,200 $262,100
2022 $6,466 $477,900 $248,900 $229,000
2021 $6,212 $438,400 $226,300 $212,100
2020 $6,024 $438,400 $226,300 $212,100
2019 $5,862 $437,100 $226,300 $210,800
2018 $6,351 $437,100 $226,300 $210,800
2017 $6,003 $420,400 $191,500 $228,900
2016 $6,058 $424,500 $187,900 $236,600
2015 $5,248 $364,700 $181,400 $183,300
Source: Public Records

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