NOT LISTED FOR SALE

56 Prospect Rd Andover, MA 01810

Estimated Value: $1,087,000 - $1,406,000

4 Beds
4 Baths
3,238 Sq Ft
$399/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $710,000 $219 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,855/month

4 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Storage Shed
  • Bancroft Elementary School Rated A-
  • Central Heating and Cooling System
  • 1-minute walk to Charles W. Ward Reservation

About This Home

As of September 2018

Completely renovated four bedroom, four full bath home in a country setting, near downtown Andover, Bancroft School and Ward Reservation! This attractive home features a gourmet kitchen with center island, family room with pellet stove and a first floor master suite with adjacent home office. Upstairs you'll find 3 additional bedrooms including a second master suite with custom walk-closet, sliding barn doors, access to private balcony and a luxurious master bath with soaking tub, dual vanity sinks and tiled walk-in shower. The lower level is finished and features great space for play room/game room plus an exercise area. Outside you'll find complete privacy, gardens and specimen plantings. Wonderful opportunity to own this quality home in the desirable Bancroft/Doherty School district and Ward Reservation walking trails!

Last Agent to Sell the Property

The Carroll Team

RE/MAX Partners Listed on: 08/03/2018

RE/MAX Partners

Last Buyer's Agent

Peggy Patenaude

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Year Round Access
  • Property is zoned SRC

Parking

  • 2 Car Garage

Interior Spaces

  • Window Screens
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:00008 B:00004 L:00000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 216.15
  • Comp Based On: Net Sale Price
  • Year Built: 1956
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Dimension: 12X12, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 17X16, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Balcony - Exterior
  • Bedroom 3: On Level: Second Floor, Dimension: 13X13, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 13X12, Flooring - Hardwood
  • Full Bathrooms: 4
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 06X08, Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Dimension: 07X08, Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Dimension: 14X12, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Dimension: 12X12, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 14X20, Fireplace, Wood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Kitchen: On Level: First Floor, Dimension: 23X12, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances
  • Laundry: On Level: Basement, Dimension: 09X11
  • Living Room: On Level: First Floor, Dimension: 15X12, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Interior Access, Bulkhead, Sump Pump, Radon Remediation System, Concrete Floor
  • Other Room 1: Name: Office, On Level: First Floor, Dimension: 11X15, Flooring - Hardwood
  • Other Room 2: Name: Bathroom, On Level: Second Floor, Dimension: 05X08, Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Other Room 3: Name: Play Room, On Level: Basement, Dimension: 40X20
  • Other Room 4: Name: Exercise Room, On Level: Basement, Dimension: 21X12
  • Main Lo: G62134
  • Main So: M59500
  • Estimated Sq Ft: 3238.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood, Stone, Stucco
  • Exterior Features: Patio, Storage Shed, Screens
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Central Heat, Hot Water Baseboard, Oil, Propane
  • Heat Zones: 4
  • Hot Water: Oil, Separate Booster
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course

Lot Info

  • Assessments: 670900.00
  • Lot: 0000
  • Acre: 0.57
  • Lot Size: 25002.00
  • Page: 248
  • Parcel Number: M:00008 B:00004 L:00000
  • Zoning: SRC
  • Lot Description: Wooded, Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Tax Info

  • Taxes: 10493.00
  • Assessor Parcel Number: 1835566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 13, 2018
Sold by
Brennen Loralie and Kneeland Gregory
Bought by
Olsen Matthew L
Seller's Agent
The Carroll Team
RE/MAX Partners
Buyer's Agent
Peggy Patenaude
William Raveis R.E. & Home Services
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Current Estimated Value
$1,290,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,522
Avg. Annual Appreciation
8.60%
Original Mortgage
$568,000
Outstanding Balance
$495,375
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$795,147

Purchase Details

Listed on
Aug 22, 2013
Closed on
Nov 8, 2013
Sold by
Chakraborty Bireswar and Chakraborty Sutapa
Bought by
Brennen Loralie and Kneeland Gregory
Seller's Agent
Deb Forte
Century 21 North East
Buyer's Agent
Barbara Sullivan
Berkshire Hathaway HomeServices Verani Realty
List Price
$819,000
Sold Price
$765,000
Premium/Discount to List
-$54,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%
Original Mortgage
$612,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2008
Sold by
Buckley James F
Bought by
Chakraborty Bireswar and Chakraborty Sutapa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Olsen Matthew L $710,000 --
Brennen Loralie $765,000 --
Chakraborty Bireswar $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Matthew L $568,000
Previous Owner Brennen Loralie $612,000
Previous Owner Chakraborty Bireswar $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2018 09/13/18 Sold $710,000 +1.4% $219 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $699,900 -8.5% $216 / Sq Ft
11/08/2013 11/08/13 Sold $765,000 0.0% $191 / Sq Ft View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
09/06/2013 09/06/13 Off Market $765,000 -- --
08/27/2013 08/27/13 Price Changed $799,000 -2.4% $200 / Sq Ft
08/22/2013 08/22/13 For Sale $819,000 -- $205 / 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 $12,787 $992,800 $393,600 $599,200
2023 $12,241 $896,100 $354,500 $541,600
2022 $11,614 $795,500 $313,800 $481,700
2021 $11,137 $728,400 $285,300 $443,100
2020 $10,944 $729,100 $278,500 $450,600
2019 $11,030 $722,300 $262,500 $459,800
2018 $10,493 $670,900 $247,700 $423,200
2017 $10,055 $662,400 $242,800 $419,600
2016 $9,586 $646,800 $227,200 $419,600
2015 $9,199 $614,500 $218,500 $396,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72373397

MLS Property Information Network (MLS PIN)

APN: ANDO-000008-000004