NOT LISTED FOR SALE

23 Saunders St Unit 25 North Andover, MA 01845

Estimated Value: $790,000 - $870,441

5 Beds
3 Baths
2,836 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $555,000 $196 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,284/month

92 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Enclosed patio or porch
  • North Andover High School Rated A-

About This Home

As of February 2019

Fantastic opportunity to own well maintained and income generating multi family property in North Andover. Current owner currently leasing units below market value, new buyer will have opportunity to maximize the property by adjusting at their discretion. Property is fully de-leaded, list office has certificates. Prospective buyers looking for a great investment can take advantage of the great location in the new and upcoming downtown North Andover. Walking distance from the newly renovated restaurant district on Water St, along with the great schools and public amenities that the Town of North Andover this stunning property offers to appeal to prospective tenants. This is a turn key opportunity for any investor, contact list agent directly for showings. Open house Saturday 1/12 12 pm - 1 & Sunday 1/13 from 11 to 12:30 pm. Seller reviewing offers Monday after 1 p.m.

Last Agent to Sell the Property

Corinne Willis

Vylla Home License #452001609 Listed on: 10/15/2018

Last Buyer's Agent

Corinne Willis

Vylla Home License #452001609 Listed on: 10/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,576

Year Built

  • Built in 1900

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00029 B:00015 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,576

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 193.93
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 5
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: AN3380
  • Main So: AN3380
  • Estimated Sq Ft: 2836.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Deck - Wood, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Highway Access, T-Station

Schools

  • Elementary School: Thomson
  • Middle School: North Andover
  • High School: North Andover

Lot Info

  • Assessments: 482900.00
  • Acre: 0.14
  • Lot Size: 5924.00
  • Page: 241
  • Parcel Number: M:00029 B:00015 L:00000
  • Zoning: R4
  • Lot Description: Corner, Paved Drive, Shared Drive, Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Varies per Unit

Multi Family

  • Total Levels: 4
  • Total Rms: 9
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7017.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Mellicorp Llc
Bought by
Samali Peyman and Samali Malahat
Total Days on Market
92
Current Estimated Value
$832,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$378,883
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$453,227

Purchase Details

Closed on
May 3, 2019
Sold by
Samali Melahat and Samali Peyman
Bought by
Mellicorp Llc

Purchase Details

Listed on
Oct 15, 2018
Closed on
Feb 11, 2019
Sold by
Alcor Nt
Bought by
Samali Melahat and Samali Peyman
Seller's Agent
Corinne Willis
Vylla Home
Buyer's Agent
Corinne Willis
Vylla Home
List Price
$549,999
Sold Price
$555,000
Premium/Discount to List
$5,001
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$416,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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    • 2 Baths
    • 2,480 Sq Ft
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Range of Values:

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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
Samali Peyman -- None Available
Samali Peyman -- None Available
Mellicorp Llc -- --
Mellicorp Llc -- --
Samali Melahat $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samali Peyman $414,000
Previous Owner Samali Melahat $416,250
Previous Owner Pleasant St Tr $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $555,000 +0.9% $196 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $549,999 0.0% $194 / Sq Ft
01/04/2019 01/04/19 For Sale $549,999 -0.9% $194 / Sq Ft
12/26/2018 12/26/18 Off Market $555,000 -- --
11/03/2018 11/03/18 Price Changed $575,000 0.0% $203 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $574,999 -- $203 / 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 $7,576 $683,100 $273,200 $409,900
2023 $7,814 $638,400 $251,000 $387,400
2022 $7,326 $541,500 $225,400 $316,100
2021 $7,383 $521,000 $204,900 $316,100
2020 $7,179 $522,500 $204,900 $317,600
2019 $6,476 $482,900 $204,900 $278,000
2018 $7,017 $482,900 $204,900 $278,000
2017 $5,285 $370,100 $159,900 $210,200
2016 $4,728 $331,300 $156,900 $174,400
2015 $4,552 $316,300 $166,600 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72410718

MLS Property Information Network (MLS PIN)

APN: NAND-000290-000015