225 Main St Unit 227 North Andover, MA 01845
Estimated Value: $822,298 - $943,000
5
Beds
3
Baths
3,391
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Porch
- North Andover High School Rated A-
- Jogging Path
- Cooling Available
About This Home
As of February 2023Opportunity awaits! This fabulous 2 family home located in the desirable town of North Andover on a corner lot! The first-floor unit has beautiful hardwood flooring, updated kitchen with granite counters, updated bathroom along with 2 bedrooms and a large living/ dining room. The second-floor unit is beautifully updated! This unit features an updated kitchen, new appliances, two bathrooms, three bedrooms, living/dining room and even an extra floor which gives more living space. Both units have tons of storage! This two-family home comes with storage sheds for each unit, fenced in level yard with patio and sprinkler system. Heating system replaced in 2018 for both units! The home is close to downtown North Andover and all it has to offer.
Last Agent to Sell the Property
Jessica Ihle
Modern Edge Realty Group Inc. Listed on: 01/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,950
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Fenced
- Level Lot
- Sprinkler System
Home Design
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 3,391 Sq Ft Home
- 3-Story Property
- Washer
Kitchen
- Built-In Oven
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Basement
- Sump Pump
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Patio
- Outdoor Storage
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number M:00031 B:00001 L:00000
Community Details
Recreation
- Golf Course Community
- Park
- Jogging Path
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2023
Closed on
Mar 8, 2023
Sold by
225-227 Main St N Rt
Bought by
225-227 Main St N Andover
Seller's Agent
Jessica Ihle
Modern Edge Realty Group Inc.
Buyer's Agent
Donna Burke
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Total Days on Market
6
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,325
Avg. Annual Appreciation
5.06%
Original Mortgage
$507,000
Outstanding Balance
$493,324
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,001
Purchase Details
Closed on
Sep 2, 2015
Sold by
Lu David
Bought by
Melvin William M and Melvin Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 14, 2005
Sold by
Lu John and Lu Pauline B
Bought by
Lu David
Similar Homes in North Andover, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 225-227 Main St N Andover | -- | None Available | |
| Melvin William M | $415,000 | -- | |
| Lu David | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 225-227 Main St N Andover | $507,000 | |
| Previous Owner | Melvin William M | $465,000 | |
| Previous Owner | Melvin William M | $405,982 | |
| Previous Owner | Melvin William M | $407,483 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2023 02/14/23 | Sold | $780,000 | -2.5% | $230 / Sq Ft |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- |
| 01/02/2023 01/02/23 | For Sale | $800,000 | -- | $236 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,804 | $703,700 | $283,300 | $420,400 |
| 2023 | $7,071 | $577,700 | $260,200 | $317,500 |
| 2022 | $6,950 | $513,700 | $233,700 | $280,000 |
| 2021 | $6,673 | $470,900 | $212,400 | $258,500 |
| 2020 | $6,470 | $470,900 | $212,400 | $258,500 |
| 2019 | $6,323 | $471,500 | $212,400 | $259,100 |
| 2018 | $6,851 | $471,500 | $212,400 | $259,100 |
| 2017 | $6,126 | $429,000 | $176,000 | $253,000 |
| 2016 | $5,842 | $409,400 | $172,700 | $236,700 |
| 2015 | $4,895 | $340,200 | $166,700 | $173,500 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2023
Jessica Ihle
Modern Edge Realty Group Inc.
(978) 237-5770
-
Donna Burke
Buyer's Agent in 2023
Donna Burke
(978) 423-9896
5 in this area
60 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73067326
APN: NAND-000310-000001
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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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