NOT LISTED FOR SALE

27 Garden St North Andover, MA 01845

Estimated Value: $838,000 - $928,000

4 Beds
4 Baths
2,688 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $775,000 $288 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,705/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Jogging Path
  • North Andover High School Rated A-
  • Wood Flooring
  • Park

About This Home

As of June 2022

Fantastic townhouse style duplex built in the 80's with two units boasting 2 beds and 1.5 baths each and tons of private parking. Located in the new downtown section of North Andover with great restaurants, shopping, trails and parks all nearby, you can't get a better location. Both units have in unit laundry hookups and a divided fenced in yard, giving both families their own space. With one unit having a finished basement, the other side is ready to be finished in the same way to further increasing the rent potential. Heating systems in both units have been replaced and the property as a whole has been very well kept up with. Below market rents and both tenants being TAW, this property is perfect for a family looking for an owner occupied purchase as well as the savvy investor looking for a solid and stable investment for the long run. **Group showing on Sunday 5/22**.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 05/18/2022

Last Buyer's Agent

Susan Lawver

Homesmart Success Realty

Homesmart Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,129

Year Built

  • Built in 1984

Lot Details

  • 8,425 Sq Ft Lot
  • Fenced

Home Design

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

Interior Spaces

  • 2,688 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck

Location

  • Property is near public transit

Schools

  • N Andover Middl Middle School
  • N Andover High School

Utilities

  • 4 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,450
  • Rent includes unit 1(water), unit 2(water)
  • Tax Block 23
  • Assessor Parcel Number 2066934

Community Details

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $2,735
  • Water Sewer Expense $1,790
  • Operating Expense $4,525
  • Net Operating Income $41,400

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,129

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1984
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage), Unit 2(Storage), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
  • Living Area: 2688
  • Stories Total: 4
  • MAIN LO: G80038
  • LIST PRICE PER Sq Ft: 288.32
  • PRICE PER Sq Ft: 288.32
  • MAIN SO: AN6978

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 1790

Lot Info

  • Parcel Number: 2066934
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8425
  • Lot Size Units: Acres
  • PAGE: 251

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7128.96
  • Tax Block: 23
  • Tax Book Number: 1408
  • Tax Lot: 00
  • Tax Map Number: 41

Multi Family

  • Gross Income: 41400
  • Insurance Expense: 2735
  • Net Operating Income: 41400
  • Number Of Units Total: 2
  • Operating Expense: 4525
  • Total Actual Rent: 3450
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: N Andover High
  • Middle Or Junior School: N Andover Middl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 1995
Sold by
Blanchard Linden O
Bought by
Shagoury John D
Total Days on Market
4
Current Estimated Value
$890,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1989
Sold by
Enright William F
Bought by
Enright William F
Source: Public Records

Similar Home in North Andover, MA

  • 74 Belmont St, North Andover, MA 01845

    $795,000

    • 5 Beds
    • 3 Baths
    • 2,217 Sq Ft
    • 74 Belmont St
    • North Andover, MA

    Beautifully maintained and clearly cherished over the years, this spacious two-family duplex offers 2,100+ sq ft, 5 bedrooms, and 3 full baths, perfect for investors or owner-occupants alike. Both units feature a mix of hardwood (with hardwood under the carpet), tile, and laminate flooring. Unit 74 includes 3 bedrooms, 2 baths, a large kitchen/dining area, living room, mudroom with closet, and a

    Jennifer Mason Homesmart Success Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shagoury John D $176,000 --
Enright William F $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enright William F $142,000
Closed Enright William F $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $775,000 0.0% $288 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $775,000 -- $288 / 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 $8,464 $763,200 $278,200 $485,000
2023 $7,530 $615,200 $255,600 $359,600
2022 $7,129 $526,900 $229,500 $297,400
2021 $6,926 $488,800 $208,700 $280,100
2020 $6,509 $473,700 $208,700 $265,000
2019 $6,352 $473,700 $208,700 $265,000
2018 $6,883 $473,700 $208,700 $265,000
2017 $5,678 $397,600 $168,700 $228,900
2016 $5,418 $379,700 $165,500 $214,200
2015 $4,531 $314,900 $159,800 $155,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983202

MLS Property Information Network (MLS PIN)

APN: NAND-000410-000023