NOT LISTED FOR SALE
9 Beds
6 Baths
4,738 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: December 11, 2020

Last sale price $1,225,000 $259 Per Sq Ft

1 Day on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Porch
  • Bancroft Elementary School Rated A-
  • Balcony
  • Storage Shed

About This Home

As of December 2020

Take advantage of this Amazing and Rare investment opportunity to own a lovely six (6) unit, multi-family Victorian home in the sought after Phillips Academy area. This fantastic investment property or condo conversion is situated on a beautiful .83 acre lot in one of the most prestigious neighborhoods in Andover. This home is filled with period architectural design details beginning with a covered wrap around porch that leads to an expansive grand foyer boasting its original staircase, beautifully stained glass windows and Victorian millwork. This home's charm and character continue throughout the large and impressive property with original hardwood flooring, high ceilings and ornate fireplaces. Within walking distance to all of the fabulous shops, restaurants and parks that down-town Andover has to offer. Enjoy Andover's Hiking Trails as well as Pomps Pond for seasonal/recreational fun! Andover offers a terrific school system & easy access to the Commuter train/Routes 93 & 495.

Last Agent to Sell the Property

Sherri DiBarri

Hancock Realty Group LLC License #456016451 Listed on: 10/19/2020

Last Buyer's Agent

Johanna Webster

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.83

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony
  • Covered Deck
  • Storage Shed
  • Rain Gutters
  • Porch

Schools

  • Andover High School

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00041 B:00050 L:00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.83 Acres

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 1.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 258.55
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Ife Common: Cable TV Available, Balcony/Deck, Fireplace - Wood burning, Hardwood Floors, Internet Available - Fiber-Optic
  • Levels: 3
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1900

Interior Features

  • Fireplaces: 5
  • Flooring: Wood, Vinyl
  • Total Flrs: 9
  • Total Frplcs: 5
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 19
  • Rms Common: Mudroom
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN1124
  • Main So: G62122
  • Estimated Sq Ft: 4738.00

Exterior Features

  • Construction: Aerated Autoclaved Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck - Wood, Covered Patio/Deck, Balcony, Gutters, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 20

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • App Common: Range, Refrigerator
  • Hea Common: Forced Air

Lot Info

  • Assessments: 1137000.00
  • Acre: 0.83
  • Lot Size: 36320.00
  • Page: 278
  • Parcel Number: M:00041 B:00050 L:00000
  • Zoning: SRB
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Varies per Unit

Multi Family

  • Total Levels: 5
  • Total Rms: 20
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 17066.00
  • Assessor Parcel Number: 1838021
  • Tax Year: 2020

MLS Schools

  • Grade School: Bancroft School
  • High School: Andover High
  • Middle School: Doherty School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 9, 2020
Sold by
Bought by
Seller's Agent
Sherri DiBarri
Hancock Realty Group LLC
Buyer's Agent
Johanna Webster
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,147,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Andover, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 None Available
$18,000,000 None Available
$180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,000,000
Closed $4,147,500
Previous Owner $14,400,000
Previous Owner $750,000
Previous Owner $1,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $1,225,000 0.0% $259 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,225,000 -- $259 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,181 $1,615,800 $693,300 $922,500
2024 $19,654 $1,525,900 $677,900 $848,000
2023 $19,927 $1,458,800 $610,900 $847,900
2022 $18,362 $1,257,700 $540,500 $717,200
2021 $17,568 $1,149,000 $491,300 $657,700
2020 $17,066 $1,137,000 $479,300 $657,700
2019 $16,076 $1,052,800 $465,200 $587,600
2018 $15,302 $978,400 $438,700 $539,700
2017 $14,375 $947,000 $430,000 $517,000
2016 $13,159 $887,900 $430,000 $457,900
2015 $13,045 $871,400 $413,500 $457,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72745255

MLS Property Information Network (MLS PIN)
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