NOT LISTED FOR SALE

271 Salem St Andover, MA 01810

Estimated Value: $1,046,000 - $1,164,000

5 Beds
3 Baths
3,065 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $1,060,000 $346 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,818/month

71 Days on Market

Highlights

  • Golf Course Community
  • Greenhouse
  • Custom Closet System
  • Bancroft Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to Sherborne Park Green Area

About This Home

As of March 2024

Nestled in the desirable Andover area, this exceptional residence located near Phillips Academy and Ward Reservation offers the perfect blend of modern convenience and timeless New England craftsmanship. The interior bathed in natural light features skylights, cathedral ceilings & exquisite maple hardwood floors. The kitchen, with inviting cathedral ceilings & skylights, flows to an expansive deck. The property includes 1.15 acres of pristine private gardens, a beautifully landscaped backyard with a greenhouse, fruit trees & awe-inspiring sunsets. An open concept living/dining room with a wood-burning stove creates a cozy yet sophisticated ambiance. The Great Room with 10-foot ceilings & yard views & the master suite with a private bath provide ultimate comfort & luxury. With a total of 5 bedrooms and 3 bathrooms, there is plenty of space for in-laws or guests. A fully insulated 3 car garage adds warmth and convenience to this home.

Last Agent to Sell the Property

North Star International Realty Team

LAER Realty Partners Listed on: 11/02/2023

LAER Realty Partners

Co-Listed By

Olga Rotaru

LAER Realty Partners

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,227

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 1.15 Acre Lot
  • Fenced Yard
  • Landscaped Professionally
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned SRC

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,065 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Insulated Windows
  • Bay Window
  • Picture Window
  • Sliding Doors
  • Insulated Doors
  • Mud Room
  • Entryway
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Center Hall

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Pedestal Sink
  • Bathtub with Shower

Laundry

  • ENERGY STAR Qualified Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Deck
  • Greenhouse
  • Outdoor Storage
  • Rain Gutters

Schools

  • Bancroft Elementary School
  • Dorothy Middle School
  • Andover High School

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Power Generator
  • Water Heater
  • Private Sewer
  • High Speed Internet

Additional Features

  • Level Entry For Accessibility
  • Property is near schools

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number M:00028 B:00005 L:00000,1836746

Community Details

Overview

  • No Home Owners Association
  • Andover East Subdivision
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,227

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Cape, Other (See Remarks)
  • Property Condition: Updated/Remodeled, Remodeled
  • Year Built: 1941
  • Subdivision Name: Andover East
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood, Flooring - Wood
  • Interior Amenities: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Recessed Lighting, Lighting - Overhead, Slider, Dining Area, Open Floorplan, Closet, Great Room, Entry Hall, Living/Dining Rm Combo, Bonus Room, Mud Room, Center Hall, Internet Available - Broadband, High Speed Internet
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Washer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, Range
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Skylight, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Window(s) - Picture, Lighting - Overhead
  • Room Bedroom3 Features: Skylight, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Closet, Flooring - Wood, Remodeled
  • Room Bedroom5 Level: First
  • Room Bedroom5 Features: Walk-In Closet(s), Flooring - Wood, Remodeled
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Skylight, Walk-In Closet(s), Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Skylight, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled, Pedestal Sink
  • Bathroom 3 Features: Bathroom - 3/4, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Kitchen Level: First
  • Room Kitchen Features: Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Wood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Country Kitchen, Remodeled, Lighting - Overhead
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Interior Entry, Sump Pump, Concrete, Unfinished
  • Accessibility Features: Accessible Entrance
  • Living Area: 3065
  • Spa YN: No
  • Window Features: Window(s) - Picture, Window(s) - Bay/Bow/Box, Skylight, Insulated Windows
  • MAIN LO: AN1199
  • MAIN SO: H11111
  • Insulation: Full, Fiberglass

Exterior Features

  • Exterior Features: Deck - Composite, Rain Gutters, Storage, Greenhouse, Professional Landscaping, Sprinkler System, Fenced Yard, Fruit Trees, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Other Structures: Greenhouse
  • Patio And Porch Features: Deck - Exterior, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Insulated, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric Baseboard, Oil, Fireplace
  • Cooling Y N: Yes
  • Electric: Generator, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00028 B:00005 L:00000,1836746
  • Zoning: SRC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 1.15
  • Lot Size Sq Ft: 50055
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11227
  • Tax Block: 0
  • Tax Lot: 5

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Andover
  • Elementary School: Bancroft
  • Middle Or Junior School: Dorothy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2009
Sold by
Hearl Claire D
Bought by
Ionescu Daniela
Current Estimated Value
$1,104,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$183,954
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$941,471

Purchase Details

Closed on
Mar 12, 1990
Sold by
Dimlich Benjamin
Bought by
Hearl Lance S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ionescu Daniela $380,000 --
Hearl Lance S $100,000 --
Hearl Lance S $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearl Lance S $65,800
Open Ionescu Daniela $280,000
Previous Owner Hearl Lance S $100,000
Previous Owner Hearl Lance S $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $1,060,000 -1.9% $346 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $1,080,000 -3.5% $352 / Sq Ft
11/25/2023 11/25/23 Price Changed $1,119,000 -5.2% $365 / Sq Ft
11/02/2023 11/02/23 For Sale $1,180,000 0.0% $385 / Sq Ft
07/06/2023 07/06/23 Rented $7,000 +2.9% --
06/16/2023 06/16/23 Under Contract -- -- --
06/11/2023 06/11/23 For Rent $6,800 -- --
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 $12,078 $937,700 $510,500 $427,200
2023 $11,227 $821,900 $460,000 $361,900
2022 $10,676 $731,200 $400,300 $330,900
2021 $10,220 $668,400 $364,200 $304,200
2020 $9,805 $653,200 $355,500 $297,700
2019 $9,698 $635,100 $345,000 $290,100
2018 $9,368 $599,000 $331,900 $267,100
2017 $8,962 $590,400 $325,400 $265,000
2016 $8,559 $577,500 $325,400 $252,100
2015 $8,232 $549,900 $312,800 $237,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73176477

MLS Property Information Network (MLS PIN)

APN: ANDO-000028-000005