NOT LISTED FOR SALE

40 Chestnut St Unit 1 Andover, MA 01810

East Andover Neighborhood

Estimated Value: $531,000 - $658,000

2 Beds
1.5 Baths
1,143 Sq Ft
1910 Built

Last Sold November 12, 2021

Last sale price $450,000 $394 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,575/month

Highlights

  • Medical Services
  • Open Floorplan
  • Wood Flooring
  • Bancroft Elementary School Rated A-
  • Property is near public transit
  • 5-minute walk to Andover Center Playground

About This Home

As of July 2024

First floor updated Two Bedroom 1 Full and half bath in A+ Downtown location conveniently located in the center of everything while overlooking the park! Only 10 Minute walk to the Train Station! With stunning hardwood flooring in the open concept living/dining room, sun-lit with bay windows. The kitchen features sleek countertops and stainless steel appliances. Two off street parking spots and each unit comes with it’s own laundry. GROUP SHOWINGS ONLY.

Last Agent to Rent the Property

Lillian Montalto

Lillian Montalto Signature Properties Listed on: 05/08/2024

Last Renter's Agent

Chuha & Scouten Team

Leading Edge Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,143 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Bay Window

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Pedestal Sink
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • South Elementary School
  • Doherty Middle School
  • Andover High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 6/1/24
  • Rent includes water
  • Assessor Parcel Number 1837794

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-06-01
  • Lease Term: Lease Terms(Yearly),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1910
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: No
  • Appliances: Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Exterior Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Half, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Vinyl, Lighting - Overhead
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Crown Molding
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Crown Molding
  • Living Area: 1143
  • Spa YN: No
  • MAIN LO: G62122
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Porch
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Water
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1837794
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Andover Hs
  • Elementary School: South
  • Middle Or Junior School: Doherty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 12, 2021
Sold by
Popescu-Pretor Carolyne J and Popescu-Pretor Robert
Bought by
Dan Tse
Seller's Agent
Judith Zissulis
Keller Williams Realty Evolution
Buyer's Agent
Matt Magoon
MHM Realty
List Price
$464,900
Sold Price
$450,000
Premium/Discount to List
-$14,900
-3.2%
Current Estimated Value
$577,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,616
Avg. Annual Appreciation
6.33%
Original Mortgage
$391,500
Outstanding Balance
$358,842
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,774
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dan Tse $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dan Tse $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Rented $3,200 0.0% --
06/04/2024 06/04/24 Under Contract -- -- --
05/21/2024 05/21/24 Price Changed $3,200 -8.6% $3 / Sq Ft
05/08/2024 05/08/24 For Rent $3,500 0.0% --
11/12/2021 11/12/21 Sold $450,000 -3.2% $394 / Sq Ft View Prior Sale
10/10/2021 10/10/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $464,900 -- $407 / 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 $6,445 $500,400 $0 $500,400
2023 $6,177 $452,200 $0 $452,200
2022 $6,110 $418,500 $0 $418,500
2021 $6,307 $412,500 $0 $412,500
2020 $5,741 $382,500 $0 $382,500
2019 $5,598 $366,600 $0 $366,600
2018 $5,324 $340,400 $0 $340,400
2017 $4,953 $326,300 $0 $326,300
2016 $4,744 $320,100 $0 $320,100
2015 $4,491 $300,000 $0 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Lillian Montalto

    Landlord's Agent in 2024

    Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6300

    4 in this area

    200 Total Sales

    Lillian Montalto
    Section Image
  • Judith Zissulis

    Seller's Agent in 2021

    Judith Zissulis

    Keller Williams Realty Evolution

    (781) 417-9779

    1 in this area

    30 Total Sales

    Judith Zissulis
    Section Image
  • Matt Magoon

    Buyer's Agent in 2021

    Matt Magoon

    MHM Realty

    (781) 254-1031

    1 in this area

    10 Total Sales

    Matt Magoon
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73234882

MLS Property Information Network (MLS PIN)

APN: ANDO-000039-000108-000001

Massachusetts Essex County Andover 01810 East Andover

40 Chestnut St Unit 1, Andover, MA

Not Listed for Sale

Condos

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