$2,430,000
SOLD MAY 30, 2025
4 Beds
5 Baths
6,563 Sq Ft
0.62 Acres

Recently Sold

$370 Per Sq Ft

10% Below List Price

51 Days on Market

Highlights

  • Scenic Views
  • Open Floorplan
  • Colonial Architecture
  • Bancroft Elementary School Rated A-
  • Custom Closet System
  • Landscaped Professionally

About This Home

As of May 2025

Welcome to 40 Morton Street. This distinguished home is walkable to PHILLIPS ACADEMY, Downtown Andover, Doherty Middle & the Youth Center. A timeless classic that has been impeccably maintained & thoughtfully expanded in 2010. Harmonizing historic charm w/ modern flair, you'll fall in love immediately. The stunning chef's kitchen remodeled in 2018 features a commercial grade stove, a large island, and hidden beverage drawers. Luxurious design throughout w/ 3 fireplaces, coffered ceilings & intricate woodwork serving you a grandiose yet cozy vibe. Impressive primary suite on the main level with 2 walk-in closets & a soaking tub sanctuary. Upstairs offers 3 Bedrooms, 2 en-suite baths & a study room. Fabulous entertainment & rec areas to make lifetime memories including the expansive lower level. Stone breezeway leads to a hardscape fire pit & your flexible space w/ additional garage stalls, gym/music room w/ peaceful views of the green lawns.

Last Agent to Sell the Property

The Lush Group

Compass Listed on: 02/10/2025

Compass

Co-Listed By

Loren Lush

Compass

Last Buyer's Agent

The Lush Group

Compass Listed on: 02/10/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,225

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 0.62 Acre Lot
  • Fenced
  • Landscaped Professionally
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • Property is zoned SRA

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Dutch Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Bay Window
  • Picture Window
  • Window Screens
  • French Doors
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Game Room
  • Utility Room with Study Area
  • Home Gym
  • Scenic Vista Views
  • Attic Access Panel
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Dual Closets
  • Walk-In Closet
  • Double Vanity
  • Pedestal Sink
  • Soaking Tub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1837948

Community Details

Overview

  • No Home Owners Association
  • Phillips Academy/Downtown Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,225

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Dutch Colonial
  • Property Condition: Remodeled
  • Year Built: 1900
  • Subdivision Name: Phillips Academy/Downtown
  • Year Built Details: Actual
  • Compensation Based On: Compensation Offered but Not in MLS
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Concrete, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Flooring - Hardwood
  • Interior Amenities: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Recessed Lighting, Lighting - Sconce, Bathroom - Half, Closet, Open Floorplan, Lighting - Overhead, Crown Molding, Bathroom, Game Room, Mud Room, Study, Exercise Room, Central Vacuum, Wet Bar
  • Door Features: French Doors
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Pendant, Lighting - Overhead
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Main Level Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Attic Access, Lighting - Sconce, Lighting - Pendant, Lighting - Overhead, Closet - Double
  • Room Master Bedroom Level: Main,First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Soaking Tub
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Main,First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Pedestal Sink
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Lighting - Sconce
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Coffered Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Recessed Lighting, Remodeled, Wainscoting, Crown Molding
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Coffered Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Remodeled, Crown Molding
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Skylight, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Lighting - Overhead, Crown Molding
  • Room Living Room Level: First
  • Room Living Room Features: Coffered Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Balcony / Deck, Balcony - Exterior, French Doors, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Wainscoting, Lighting - Sconce, Crown Molding
  • Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
  • Above Grade Finished Sq Ft: 6063
  • Below Grade Sq Ft: 500
  • Living Area: 6563
  • Spa YN: No
  • Window Features: Window(s) - Bay/Bow/Box, Screens
  • MAIN LO: AN2383
  • MAIN SO: AN2383
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Garden
  • Construction Materials: Frame, Stone
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Detached, Garage Door Opener, Heated Garage, Storage, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Generator Connection
  • Cooling: Central Air, Dual
  • Heating: Central, Baseboard, Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Generator, Generator Connection
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1837948
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping, Level, Sloped, Other
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 26964
  • Lot Size Units: Acres
  • Property Attached YN: No

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23225

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
May 30, 2025
Sold by
Serrao Gregory A and Serrao Sheila M
Bought by
40 Morton Street Llc
Seller's Agent
The Lush Group
Compass
Buyer's Agent
The Lush Group
Compass
List Price
$2,699,900
Sold Price
$2,430,000
Premium/Discount to List
-$269,900
-10%
Views
96
Current Estimated Value
$2,452,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,299
Avg. Annual Appreciation
1.77%
Original Mortgage
$1,944,000
Outstanding Balance
$1,934,040
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,259

Purchase Details

Closed on
Aug 15, 2005
Sold by
Daley Alison H and Daley Leo H
Bought by
Serrao Gregory A and Serrao Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Daley Nt and Daley
Bought by
Daley Alison H and Daley Leo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1994
Sold by
Daley Leo H
Bought by
Daley Leo H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed $2,430,000 None Available
Quit Claim Deed $2,430,000 None Available
Deed $1,200,000 --
Deed $1,200,000 --
Deed -- --
Deed -- --
Deed $248,600 --
Deed $248,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,944,000 Purchase Money Mortgage
Closed $1,944,000 Purchase Money Mortgage
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $373,750 Purchase Money Mortgage
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $2,430,000 -10.0% $370 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $2,699,900 -- $411 / 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 $23,225 $1,803,200 $785,000 $1,018,200
2023 $22,198 $1,625,000 $707,100 $917,900
2022 $21,053 $1,442,000 $625,700 $816,300
2021 $20,152 $1,318,000 $569,000 $749,000
2020 $19,328 $1,287,700 $555,100 $732,600
2019 $19,152 $1,254,200 $538,900 $715,300
2018 $18,227 $1,165,400 $508,400 $657,000
2017 $17,452 $1,149,700 $498,400 $651,300
2016 $17,039 $1,149,700 $498,400 $651,300
2015 $16,311 $1,089,600 $479,100 $610,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73333975

MLS Property Information Network (MLS PIN)

APN: ANDO-000040-000072