NOT LISTED FOR SALE

Estimated Value: $2,719,810 - $3,053,000

5 Beds
7 Baths
9,361 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $1,500,000 $160 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $18,125/month

628 Days on Market

About This Home

As of November 2015

This Fabulous, Palatial Estate, is just Minutes From Downtown Andover and Offers a Wonderful Array of Luxurious Amenities and is Peacefully Perched atop a Beautiful Knoll Overlooking Nearly 3 Acres of Professionally Landscaped Grounds. This Five Bedroom, Seven Bathroom, Brick "Manor" Boasts Many of the Custom Finishes and Details one Expects in a Property of this Caliper. Whether it is the Gourmet Kitchen with Center Island and Stainless Steel Appliances, or the Spectacular Wood Panelling and Couffered Ceiling in the Office, or the Magnificent Granite, Marble and Hardwood floors, or the Slate Patio with Custom In-ground Pool and Pool House/Cabana, and Stainless Steel Outdoor Kitchen. This Home Exudes Luxury and Elegance at its Finest.

Last Agent to Sell the Property

Lillian Montalto

Lillian Montalto Signature Properties Listed on: 12/06/2013

Last Buyer's Agent

Lillian Montalto

Lillian Montalto Signature Properties Listed on: 12/06/2013

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,630

Year Built

1997

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Easements, Shared Drive, Cleared, Fenced/Enclosed, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Vacuum System, Water Softener
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Backup Generator
  • Flooring: Wall to Wall Carpet, Marble, Hardwood, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Sauna/Steam/Hot Tub, Wetbar, French Doors
  • Basement: Full, Partially Finished, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 23X15
  • Bedroom 3: Second Floor, 17X15
  • Bedroom 4: Second Floor, 19X14
  • Bedroom 5: Second Floor, 17X14
  • Bathroom #1: First Floor, 14X20
  • Bathroom #2: Second Floor, 16X7
  • Bathroom #3: Second Floor, 11X6
  • Kitchen: First Floor, 25X22
  • Laundry Room: First Floor, 9X9
  • Living Room: First Floor, 19X18
  • Master Bedroom: First Floor, 28X16
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Fireplace, Ceiling - Coffered, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Marble, French Doors, Main Level, Cable Hookup, Exterior Access, Recessed Lighting
  • Dining Room: First Floor, 17X14
  • Family Room: First Floor, 18X25

Exterior Features

  • Roof: Slate
  • Frontage: 150.00
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Patio, Balcony, Pool - Inground Heated, Cabana, Gutters, Hot Tub/Spa, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Heated, Storage, Work Area, Side Entry, Insulated
  • Garage Spaces: 3
  • Parking: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 15

Utilities

  • Cooling: Central Air, 3 or More
  • Heating: Central Heat, Forced Air, Radiant, Gas
  • Cooling Zones: 5
  • Heat Zones: 7
  • Hot Water: Natural Gas, Tank, Tankless, Separate Booster
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Bancroft
  • Middle School: Doherty
  • High School: Andover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Nov 12, 2015
Sold by
Sylvester Richard Jr E and Loconte Frank
Bought by
Fotopoulos Charles P
Seller's Agent
Lillian Montalto
Lillian Montalto Signature Properties
Buyer's Agent
Lillian Montalto
Lillian Montalto Signature Properties
List Price
$1,900,900
Sold Price
$1,500,000
Premium/Discount to List
-$400,900
-21.09%
Current Estimated Value
$2,917,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417,203
Avg. Annual Appreciation
6.55%
Original Mortgage
$200,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2009
Sold by
Sylvester Janice B
Bought by
Sylvester Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1995
Sold by
Borstell George P
Bought by
Sylvester Richaed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fotopoulos Charles P $1,500,000 --
Sylvester Richard W -- --
Sylvester Richaed $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fotopoulos Charles P $1,000,000
Closed Fotopoulos Charles P $200,000
Closed Fotopoulos Charles P $1,000,000
Previous Owner R W Sylvester Jr Ret $1,000,000
Previous Owner Sylvester Richaed $0
Previous Owner Sylvester Richard W $1,000,000
Previous Owner Sylvester Richaed $750,000
Previous Owner Sylvester Richaed $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $1,500,000 0.0% $160 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/22/2015 08/22/15 Off Market $1,500,000 -- --
07/22/2015 07/22/15 For Sale $1,900,900 +26.7% $203 / Sq Ft
07/20/2015 07/20/15 Off Market $1,500,000 -- --
11/10/2014 11/10/14 For Sale $1,900,900 +26.7% $203 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/13/2014 08/13/14 Off Market $1,500,000 -- --
05/22/2014 05/22/14 Price Changed $1,900,900 -11.5% $203 / Sq Ft
05/07/2014 05/07/14 Price Changed $2,149,000 -6.5% $230 / Sq Ft
12/06/2013 12/06/13 For Sale $2,298,800 -- $246 / 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 $32,630 $2,533,400 $674,900 $1,858,500
2023 $31,775 $2,326,100 $627,000 $1,699,100
2022 $30,013 $2,055,700 $535,100 $1,520,600
2021 $28,930 $1,892,100 $488,900 $1,403,200
2020 $27,887 $1,857,900 $477,600 $1,380,300
2019 $27,828 $1,822,400 $464,500 $1,357,900
2018 $26,496 $1,694,100 $439,700 $1,254,400
2017 $25,530 $1,681,800 $431,400 $1,250,400
2016 $25,028 $1,688,800 $431,400 $1,257,400
2015 $24,075 $1,608,200 $415,700 $1,192,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71614237

MLS Property Information Network (MLS PIN)

APN: ANDO-000059-000004-A000000