NOT LISTED FOR SALE

22 Railroad St, Unit 502 Andover, MA 01810

Shawsheen Heights Neighborhood

Estimated Value: $564,101 - $613,000

2 Beds
2.5 Baths
1,475 Sq Ft
$598/mo HOA Fee

Last Sold December 28, 2023

Last sale price $529,000 $359 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,218/month

40 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Andover
  • No Units Above
  • West Elementary School Rated A-
  • Medical Services
  • City View

About This Home

As of December 2023

A Must See - Rarely Available Penthouse in one of the most desirable complexes, "The Andover". One of only 3 Penthouses in complex & is the 2nd to largest unit. One level living in this Spacious, Sunny 5 room end- unit with 2 INDOOR Garage spaces and private balcony. Other features included an eat-in kitchen, front to back living room & a separate dining rm. perfect for entertaining friends & family. There are two lg. bedrooms, each with their own private tiled baths and walk-in closets. A guest half bath and in-unit laundry complete this unit. The building features an elevator, intercom and a welcoming entry atrium and club room w/kitchen to socialize with friends and guests. Property also includes a fully equipped gym area with sauna. Perfectly situated right across from the Andover Train Station, ideal for commuting to Boston and is close proximity to Rte. 28, 93, & 495. Downtown shops, restaurants & Whole Foods are just around the corner. This desirable end-unit can be yours!

Last Agent to Sell the Property

Donna Shay

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 11/01/2023

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,704

Year Built

  • Built in 1987

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Garden Home
  • Entry on the 5th floor

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Dining Area
  • City Views
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Balcony
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 1838878

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 70 Units

Amenities

  • Medical Services
  • Shops
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,704

Year Built

Built in 1987

Lot Details

0

HOA Fees

$598 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1987
  • Buyer Agency: 2.5
  • Entry Level: 5
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet, Closet - Double
  • Room Master Bedroom Level: First
  • Room Dining Room Features: Flooring - Wall to Wall Carpet
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Flooring - Stone/Ceramic Tile, Dining Area
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
  • Basement: N
  • Living Area: 1475
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 379.59
  • PRICE PER Sq Ft: 358.64
  • MAIN SO: G62122

Exterior Features

  • Exterior Features: Balcony, City View(s)
  • Common Walls: No One Above, Corner
  • Home Warranty YN: No
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Under

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Fitness Center, Sauna/Steam, Clubroom
  • Association Fee: 597.94
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 502
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 1838878
  • Zoning: MU
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 204
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5704
  • Tax Book Number: 3571

Multi Family

  • Number Of Units Total: 70
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 27, 2023
Sold by
Garabedian
Bought by
Mehta Eileen
Seller's Agent
Donna Shay
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$559,900
Sold Price
$529,000
Premium/Discount to List
-$30,900
-5.52%
Views
298
Current Estimated Value
$590,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,525
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Garabedian Kathleen and Garabedian Souren M
Bought by
Garabedian

Purchase Details

Closed on
Aug 8, 1989
Sold by
M T M Ii Trust
Bought by
Conway Ernest J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mehta Eileen $529,000 None Available
Garabedian -- --
Conway Ernest J $325,291 --
Conway Ernest J $325,291 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conway Ernest J $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $529,000 -5.5% $359 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $559,900 -- $380 / 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 $5,871 $455,800 $0 $455,800
2023 $5,704 $417,600 $0 $417,600
2022 $5,874 $402,300 $0 $402,300
2021 $5,813 $380,200 $0 $380,200
2020 $5,941 $395,800 $0 $395,800
2019 $5,583 $365,600 $0 $365,600
2018 $5,269 $336,900 $0 $336,900
2017 $4,921 $324,200 $0 $324,200
2016 $4,590 $309,700 $0 $309,700
2015 $4,404 $294,200 $0 $294,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Donna Shay

    Coldwell Banker Realty - Andovers/Readings Regional

    (978) 886-0391

    2 in this area

    15 Total Sales

    Donna Shay
    Section Image
  • Team Lillian Montalto

    Buyer's Agent in 2023

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    47 in this area

    1,005 Total Sales

    Team Lillian Montalto
    Section Image
See All Agents

About This Building

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73176358

MLS Property Information Network (MLS PIN)

APN: ANDO-000054-000057-A000502

Massachusetts Essex County Andover 01810 Shawsheen Heights

22 Railroad St Unit 502, Andover, MA

This home is located at 22 Railroad St Unit 502, Andover, MA 01810 since 01 November 2023 and is currently estimated at $590,525, approximately $400 per square foot. This property was built in 1987. 22 Railroad St Unit 502 is a home located in Essex County with nearby schools including West Elementary School, Andover West Middle School, and Andover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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