NOT LISTED FOR SALE

60 Red Spring Rd Andover, MA 01810

West Andover Neighborhood

Estimated Value: $768,941 - $912,000

5 Beds
2 Baths
2,392 Sq Ft
$353/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $480,000 $201 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,406/month

1 Day on Market

About This Home

As of January 2017

Great income/investment opportunity. Rare in-town duplex offers the convenience of downtown Andover shopping, the commuter train, schools, post office and Avis conservation area, all within a few blocks. Situated on a good-sized, level lot and bordering woodlands, this property reflects old world charm with beautiful tin ceilings in kitchens and dining rooms, classic hardwoods and period details throughout. Tenant's unit has been nicely updated with new kitchen and bath flooring, refinished hardwood flooring in dining room, living room and bedrooms, some new appliances and fresh paint. Owner's unit has a finished third floor room, currently used as a bedroom, plus a sizeable storage room that can be converted into a third bedroom for the rental unit. Rent includes water and sewer. Property was inspected for lead paint in 1993, with none found in interior of either unit. Paperwork is available. Tenant at will in unit 60.

Last Listed By

Kathleen Kelley

Advisors Living - Andover Listed on: 11/02/2016

Advisors Living - Andover

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,770

Year Built

1895

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Shopping, Walk/Jog Trails, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet, Concrete, Laminate, Hardwood
  • Basement: Full, Interior Access
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 70.00
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch, Patio, Pool - Above Ground, Gutters, Storage Shed
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: West Elementary
  • Middle School: West Middle
  • High School: Andover High

Lot Info

  • Zoning: SRA

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2011
Sold by
Mcmullen John G and Mcmullen Laurie A
Bought by
Desalvo Elaine E
Total Days on Market
1
Current Estimated Value
$843,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1993
Sold by
Fortuna Raymond F
Bought by
Mcmullen Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

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
Desalvo Elaine E -- --
Desalvo Elaine E -- --
Mcmullen Laurie A $175,000 --
Mcmullen Laurie A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Zong H $352,250
Closed Zou Zong H $360,000
Closed Desalvo Elaine E $225,000
Previous Owner Mcmullen Laurie A $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $480,000 0.0% $201 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $479,900 -- $201 / 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 $8,770 $680,900 $350,400 $330,500
2023 $8,629 $631,700 $315,600 $316,100
2022 $7,958 $545,100 $279,400 $265,700
2021 $7,604 $497,300 $254,000 $243,300
2020 $7,137 $475,500 $247,900 $227,600
2019 $6,723 $440,300 $233,700 $206,600
2018 $6,414 $410,100 $220,500 $189,600
2017 $5,784 $381,000 $216,100 $164,900
2016 $5,098 $344,000 $202,300 $141,700
2015 $5,034 $336,300 $194,500 $141,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathleen Kelley

    Advisors Living - Andover

    (978) 273-9865

    11 Total Sales

    Section Image
  • Madelyn Mitton

    Buyer's Agent in 2017

    Madelyn Mitton

    (978) 886-0348

    1 in this area

    27 Total Sales

    Madelyn Mitton
    Section Image
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Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72088903

MLS Property Information Network (MLS PIN)

APN: ANDO-000072-000008

Massachusetts Essex County Andover 01810 West Andover

60 Red Spring Rd, Andover, MA

Homes for Sale in Andover, MA

This home is located at 60 Red Spring Rd, Andover, MA 01810 since 02 November 2016 and is currently estimated at $843,235, approximately $352 per square foot. This property was built in 1895. 60 Red Spring Rd is a home located in Essex County with nearby schools including West Elementary School, Andover West Middle School, and Andover High School.

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