NOT LISTED FOR SALE

Estimated Value: $740,391 - $919,000

2 Beds
3 Baths
3,375 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $545,000 $161 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,084/month

21 Days on Market

Highlights

  • Fenced Yard
  • 3-minute walk to Andover
  • Wall to Wall Carpet
  • West Elementary School Rated A-
  • Enclosed Patio or Porch

About This Home

As of September 2019

Opportunity is knocking at your entrepreneurial door! This two family with successful business front on Essex Street in the Historic District of Andover is just a walk away from shopping,train station , Downtown Andover, and just waiting for your business savvy The 30 year, first floor owner operated business, currently a salon is fully equipped with 4 stations, 3 sinks, back room, washer, dryer and a 1/2 bath. Two one bedroom apartments are upstairs. Great income property or work where you live. Enjoy the outdoors and relax on the beautifully paved patio/ courtyard with built in planter boxes. Water heaters and furnaces are new. Do not miss the chance at pure potential. Come take a look.

Last Agent to Sell the Property

Stacy Woods

Cambridge Realty Group, Inc. License #454007409 Listed on: 08/12/2019

Last Buyer's Agent

Thomas McCarron

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Additional Features

  • Wall to Wall Carpet
  • Enclosed Patio or Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00054 B:00060 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 168.59
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AC1762
  • Main So: M59500
  • Estimated Sq Ft: 3375.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Patio, Fenced Yard
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, T-Station

Lot Info

  • Assessments: 279900.00
  • Acre: 0.05
  • Lot Size: 2000.00
  • Page: 125
  • Parcel Number: M:00054 B:00060 L:00000
  • Zoning: MU

Multi Family

  • Heat Units: 3
  • Total Levels: 5
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4274.07
  • Assessor Parcel Number: 1838886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2006
Sold by
Bailey Maureen P and Bailey Noreen P
Bought by
Bailey Charles M and Bailey Maureen P
Current Estimated Value
$818,598

Purchase Details

Closed on
Jul 29, 1987
Sold by
1825 Rt
Bought by
Bailey Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
10.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Bailey Charles M -- --
Bailey Charles M -- --
Bailey Maureen $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Maureen $35,000
Previous Owner Bailey Maureen $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $545,000 -4.2% $161 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $569,000 -- $169 / 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 $7,473 $580,200 $119,200 $461,000
2023 $0 $527,000 $110,400 $416,600
2022 $0 $475,100 $93,600 $381,500
2021 $0 $434,600 $85,100 $349,500
2020 $0 $373,200 $83,000 $290,200
2019 $0 $279,900 $79,800 $200,100
2018 $0 $275,500 $75,400 $200,100
2017 $0 $274,000 $73,900 $200,100
2016 -- $274,000 $73,900 $200,100
2015 -- $271,100 $71,000 $200,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72550644

MLS Property Information Network (MLS PIN)

APN: ANDO-000054-000060