NOT LISTED FOR SALE

40 Chestnut St Unit 2 Andover, MA 01810

Estimated Value: $555,440 - $703,000

2 Beds
1.5 Baths
1,163 Sq Ft
$250/mo HOA Fee

Last Sold January 20, 2017

Last sale price $331,000 $285 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,007/month

4 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Park
  • Bancroft Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Andover Center Playground

About This Home

As of January 2017

Inside this meticulously maintained 1920’s home, a spacious two-bedroom unit awaits its next owner. This Downtown Andover “Beacon-Hill” style condo has been uniquely updated; offering a modern kitchen with granite counters and stainless appliances, an airy living area with high ceilings, 1.5 baths and bay windows overlooking Central Park. All within walking distance of Andover’s restaurants, coffee shops, banks, Town Hall and Phillips Academy. The condo also comes with a large shared yard, storage, and two deeded parking spaces...Offered at $329,900. This unique property won't last!

Last Agent to Sell the Property

Tony Salerno

Berkshire Hathaway HomeServices Verani Realty Listed on: 12/05/2016

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Elisa Jordan

Keller Williams Gateway Realty

Keller Williams Gateway Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1910

Lot Details

  • 0.3

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Entryway
  • Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Linen Closet In Bathroom

Home Security

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bancroft Elementary School
  • Doherty Middle School
  • AHS High School

Utilities

  • No Cooling
  • Central Heating
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 108
  • Assessor Parcel Number M:00039 B:00108 L:00002,4622711

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 3 Units
  • 40 Chestnut Street Condo Association Community

Amenities

  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park

Pet Policy

  • Breed Restrictions

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,830

Year Built

Built in 1910

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1910
  • Buyer Agency: 2.
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1.
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Entry Hall
  • Door Features: Storm Door(s)
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 180
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 182
  • Master Bathroom Features: No
  • Bathroom 1 Area: 35
  • Bathroom 1 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 20
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Wall to Wall Carpet
  • Room Dining Room Level: Second
  • Room Dining Room Area: 182
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood
  • Room Kitchen Area: 132
  • Room Living Room Level: Second
  • Room Living Room Area: 208
  • Room Living Room Features: Flooring - Wall to Wall Carpet
  • Living Area: 1163
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 283.66
  • PRICE PER Sq Ft: 284.61
  • MAIN SO: G95022

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Cooling: None
  • Heating: Central, Baseboard, Natural Gas, Individual, Unit Control
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:00039 B:00108 L:00002,4622711
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 166

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4829.84
  • Tax Block: 108
  • Tax Book Number: 14032
  • Tax Lot: 2
  • Tax Map Number: 39

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

MLS Schools

  • High School: Ahs
  • Elementary School: Bancroft
  • Middle Or Junior School: Doherty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Weinberg Donna B
Bought by
Rusckowski Diane
Current Estimated Value
$605,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$95,455
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$510,405

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jan 20, 2017
Sold by
Beesley Martha J
Bought by
Weinberg Donna B
Seller's Agent
Tony Salerno
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Elisa Jordan
Keller Williams Gateway Realty
List Price
$329,900
Sold Price
$331,000
Premium/Discount to List
$1,100
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$264,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 6, 2014
Sold by
Joshi T P
Bought by
Beesley Martha J
Seller's Agent
The Carroll Team
RE/MAX Partners
Buyer's Agent
Tony Salerno
Berkshire Hathaway HomeServices Verani Realty
List Price
$359,900
Sold Price
$329,900
Premium/Discount to List
-$30,000
-8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Joshi Jayashree P and Joshi Prakash B
Bought by
Jayashree P Joshi T

Purchase Details

Closed on
May 29, 2012
Sold by
Jayashree P Joshi T
Bought by
Joshi Prakash B and Joshi Jayashree P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Joshi Prakash B and Joshi Jayashree P
Bought by
Jayashree P Joshi T

Purchase Details

Closed on
Apr 13, 2004
Sold by
Rittershaus Joyce
Bought by
Joshi Jayashree P and Joshi Prakash B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rusckowski Diane $380,000 --
Weinberg Donna B $331,000 --
Beesley Martha J $329,000 --
Jayashree P Joshi T -- --
Joshi Prakash B -- --
Jayashree P Joshi T -- --
Joshi Jayashree P $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusckowski Diane $170,000
Previous Owner Weinberg Donna B $264,800
Previous Owner Joshi Prakash B $269,000
Previous Owner Jayashree P Joshi T $37,000
Previous Owner Joshi Jayashree P $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $331,000 +0.3% $285 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $329,900 0.0% $284 / Sq Ft
11/06/2014 11/06/14 Sold $329,900 0.0% $284 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/13/2014 10/13/14 Off Market $329,900 -- --
10/02/2014 10/02/14 Price Changed $349,900 -2.8% $301 / Sq Ft
09/19/2014 09/19/14 For Sale $359,900 -- $309 / 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 $6,542 $507,900 $0 $507,900
2023 $6,274 $459,300 $0 $459,300
2022 $6,205 $425,000 $0 $425,000
2021 $6,407 $419,000 $0 $419,000
2020 $5,834 $388,700 $0 $388,700
2019 $5,691 $372,700 $0 $372,700
2018 $5,416 $346,300 $0 $346,300
2017 $5,040 $332,000 $0 $332,000
2016 $4,830 $325,900 $0 $325,900
2015 $4,575 $305,600 $0 $305,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72098828

MLS Property Information Network (MLS PIN)

APN: ANDO-000039-000108-000002