G
Seller's Agent in 2021
Gregory Afarian
Afarian Realty Corp
4 Ferndale Ave Andover, MA 01810
Shawsheen Heights NeighborhoodEstimated Value: $827,107 - $1,033,000
6
Beds
2
Baths
2,756
Sq Ft
$340/Sq Ft
Est. Value
About This Home
As of October 2021Fantastic opportunity to own a large Multi Family in Shawsheen Neighborhood! This magnificent owner occupied and well loved home can offer an owner or a potential investor many different options. Fully tiled kitchens and baths, newer windows / siding, hardwood throughout, and new multi unit heating / tankless 97% efficient system (1 1/2 years old, valued at over $25K). Enormous basement with tons for storage, work area, and additional room for kids, or hobbyist. Parking for at least 6 cars, always rented, in a terrific neighborhood in the West Elementary School District and walking distance to Shawsheen School playground & Balmoral Fields / Park. Big lot, private yard & shed for toys and bikes. Offers possibility to condo each unit with expansion in massive attic for an additional unit. Opportunities like this don't come too often. Multi Families in Andover are RARE and this is your chance to get into a great investment property!
Last Agent to Sell the Property
Gregory Afarian
Afarian Realty Corp Listed on: 07/08/2021
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 0.25
Additional Features
- Property has 1 Level
- 2 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2021
Closed on
Oct 13, 2021
Sold by
Afarian Mary A
Bought by
Allen Charles M and Allen Michele A
Seller's Agent
Gregory Afarian
Afarian Realty Corp
Buyer's Agent
Paige Cadogan
List Price
$799,900
Sold Price
$700,000
Premium/Discount to List
-$99,900
-12.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,527
Avg. Annual Appreciation
7.27%
Original Mortgage
$355,000
Outstanding Balance
$322,319
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$614,208
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allen Charles M | $700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen Charles M | $355,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $700,000 | -6.7% | $254 / Sq Ft |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | Price Changed | $749,900 | -6.3% | $272 / Sq Ft |
| 07/07/2021 07/07/21 | For Sale | $799,900 | -- | $290 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,249 | $718,100 | $314,800 | $403,300 |
| 2023 | $9,382 | $686,800 | $283,500 | $403,300 |
| 2022 | $9,027 | $618,300 | $251,000 | $367,300 |
| 2021 | $8,628 | $564,300 | $228,200 | $336,100 |
| 2020 | $8,057 | $536,800 | $222,800 | $314,000 |
| 2019 | $7,554 | $494,700 | $210,000 | $284,700 |
| 2018 | $7,180 | $459,100 | $198,100 | $261,000 |
| 2017 | $6,388 | $420,800 | $194,200 | $226,600 |
| 2016 | $5,615 | $378,900 | $181,700 | $197,200 |
| 2015 | $5,567 | $371,900 | $174,700 | $197,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paige Cadogan
Buyer's Agent in 2021
Paige Cadogan
(617) 784-5768
1 in this area
64 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72861983
APN: ANDO-000051-000008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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