NOT LISTED FOR SALE

38 Marblehead St Unit 40 North Andover, MA 01845

Estimated Value: $749,063 - $893,000

8 Beds
3 Baths
4,061 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $360,000 $89 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,868/month

69 Days on Market

About This Home

As of September 2013

INVESTOR OPPORTUNITY! Sought after two family which is a great NorthAndover opportunity! Needs improvements but bones are solid! Occupants have loved for 50 years! The in-town location is an easy walk to playground, all the downtown has to offer and to both the commuter rail and bus lines. This property has over 4000 square feet living space, one updated kitchen and bath, a newer roof, one updated heating system, level yard, and parking. LOOK AT THE POTENTIAL CASH FLOW!! To be sold 'as is'.

Last Agent to Sell the Property

Maureen Heinze

William Raveis R.E. & Home Services Listed on: 05/30/2013

William Raveis R.E. & Home Services

Last Buyer's Agent

Johanna Webster

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,245

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Marsh
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Highway Access
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Other (See Remarks)
  • Parking Spaces: 4

Utilities

  • Heat Zones: 1
  • Hot Water: Oil, Tank, Tankless

Schools

  • Elementary School: Thompson
  • Middle School: Nams
  • High School: Nahs

Lot Info

  • Assessor Parcel Number: 8-40-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2016
Sold by
Webster David R and Webster Anne A
Bought by
Webster Ft
Current Estimated Value
$778,646

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 6, 2013
Sold by
Nancy L Melillo Irt
Bought by
Webster David R and Webster Anne A
Seller's Agent
Maureen Heinze
William Raveis R.E. & Home Services
Buyer's Agent
Johanna Webster
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$270,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Nancy L Melillo Rt and Melillo
Bought by
Nancy L Melillo Irt and Burzlaff
Source: Public Records

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
Webster Ft -- --
Webster Ft -- --
Webster David R $360,000 --
Webster David R $360,000 --
Nancy L Melillo Irt -- --
Nancy L Melillo Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webster David R $270,000
Previous Owner Nancy L Melillo Rt $150,000
Previous Owner Nancy L Melillo Rt $70,000
Previous Owner Melillo Family Tr 1979 $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $360,000 -4.0% $89 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $375,000 -- $92 / 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
2025 $7,245 $643,400 $254,700 $388,700
2024 $7,114 $641,500 $252,800 $388,700
2023 $7,018 $573,400 $249,100 $324,300
2022 $6,715 $496,300 $226,400 $269,900
2021 $6,481 $457,400 $203,800 $253,600
2020 $5,959 $433,700 $194,300 $239,400
2019 $5,816 $433,700 $194,300 $239,400
2018 $6,302 $433,700 $194,300 $239,400
2017 $6,439 $450,900 $161,400 $289,500
2016 $6,167 $432,200 $161,400 $270,800
2015 $5,248 $364,700 $165,500 $199,200
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: 71533653

MLS Property Information Network (MLS PIN)

APN: NAND-000080-000040