NOT LISTED FOR SALE

55 Red Spring Rd Andover, MA 01810

West Andover Neighborhood

Estimated Value: $560,000 - $667,000

2 Beds
2 Baths
952 Sq Ft
$638/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $375,000 $394 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,817/month

6 Days on Market

About This Home

As of August 2016

Fantastic opportunity to enter the Andover market featuring plenty of room to expand or add a garage, subject to approval from Town and preservation society (historic zoning district). This two bedroom ranch offers easy single-floor living on a large, level lot with mature trees and a wide open yard. Easy access to the patio from the kitchen offers convenience for outdoor cooking and entertaining. Fireplaces offer ambiance in both the living room and dining room. Recent improvements include new roof, new windows, new appliances, renovated kitchen and bathrooms and fresh paint throughout. First floor laundry connections. Great blending of historic charm and modern amenities. Move right in! Simple commuter access to 93 & 495; walk to commuter rail and downtown shopping/restaurants.

Last Agent to Sell the Property

Eric Keyes

Cornerstone Adivsory Services, LLC Listed on: 06/17/2016

Last Buyer's Agent

Patrick Maguire

North Shore Association of REALTORS®

Home Details

Home Type

Single Family

Year Built

1830

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Level
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1830

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, House of Worship, Other (See Remarks)
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood, Tile
  • Basement: Full, Crawl
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - 3/4, Flooring - Hardwood
  • Dining Room: First Floor
  • Oth1 Room Name: 3/4 Bath
  • Oth1 Dscrp: Bathroom - Tiled With Shower Stall

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Patio
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heating: Steam, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:00072 B:00035 L:00000
  • Zoning: SRA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Morgan Lora
Bought by
Vasquez Lora M and Vasquez William G
Current Estimated Value
$607,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$373,015
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,093

Purchase Details

Listed on
Jun 17, 2016
Closed on
Aug 18, 2016
Sold by
Red Spring Development
Bought by
Morgan Lora
Seller's Agent
Eric Keyes
Cornerstone Adivsory Services, LLC
Buyer's Agent
Patrick Maguire
North Shore Association of REALTORS®
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$363,750
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 17, 2015
Sold by
Lilley Carrie and Soule Timothy
Bought by
Red Spring Dev Llc
Seller's Agent
The Property Shop Group
Compass
Buyer's Agent
Eric Keyes
Cornerstone Adivsory Services, LLC
List Price
$300,000
Sold Price
$232,500
Premium/Discount to List
-$67,500
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.11%
Original Mortgage
$275,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2003
Sold by
Harpley Mary Jane and Wessells Mary Jane
Bought by
Lilley Carrie and Soule Timothy

Purchase Details

Closed on
May 27, 1998
Sold by
Shaw Thomas D
Bought by
Wessels Mary Jane

Purchase Details

Closed on
Mar 31, 1995
Sold by
Kloss Edith M
Bought by
Shaw Thomas D
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
Vasquez Lora M -- None Available
Vasquez Lora M -- None Available
Morgan Lora $375,000 --
Red Spring Dev Llc $232,500 --
Lilley Carrie -- --
Wessels Mary Jane $179,000 --
Shaw Thomas D $140,000 --
Lilley Carrie -- --
Wessels Mary Jane $179,000 --
Shaw Thomas D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Lora M $412,000
Closed Vasquez Lora M $412,000
Previous Owner Morgan Lora $363,750
Previous Owner Red Spring Dev Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2016 08/18/16 Sold $375,000 -3.8% $394 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $389,900 +67.7% $410 / Sq Ft
12/17/2015 12/17/15 Sold $232,500 -7.0% $244 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
07/13/2015 07/13/15 Price Changed $250,000 -3.8% $263 / Sq Ft
07/06/2015 07/06/15 Price Changed $260,000 -5.5% $273 / Sq Ft
06/10/2015 06/10/15 Price Changed $275,000 -8.3% $289 / Sq Ft
06/01/2015 06/01/15 For Sale $300,000 -- $315 / 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 $7,485 $581,100 $371,200 $209,900
2023 $7,158 $524,000 $334,300 $189,700
2022 $6,843 $468,700 $296,000 $172,700
2021 $6,543 $427,900 $269,100 $158,800
2020 $6,274 $418,000 $262,600 $155,400
2019 $6,094 $399,100 $247,600 $151,500
2018 $5,698 $364,300 $233,600 $130,700
2017 $5,444 $358,600 $229,000 $129,600
2016 $4,776 $322,300 $214,300 $108,000
2015 $4,605 $307,600 $206,000 $101,600
Source: Public Records

Agents Affiliated with this Home

  • Eric Keyes

    Seller's Agent in 2016

    Eric Keyes

    Cornerstone Adivsory Services, LLC

    (781) 592-5300

    1 Total Sale

    Eric Keyes
    Section Image
  • Patrick Maguire

    Buyer's Agent in 2016

    Patrick Maguire

    North Shore Association of REALTORS®

    (978) 232-9410

    Patrick Maguire
    Section Image

  • T

    Seller's Agent in 2015

    The Property Shop Group

    Compass

    (978) 457-3406

    3 in this area

    277 Total Sales

    The Property Shop Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72025189

MLS Property Information Network (MLS PIN)

APN: ANDO-000072-000035

Massachusetts Essex County Andover 01810 West Andover

55 Red Spring Rd, Andover, MA

Not Listed for Sale

Detached

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