NOT LISTED FOR SALE

7 Olympic Ln North Andover, MA 01845

Estimated Value: $950,000 - $1,047,000

4 Beds
3 Baths
2,548 Sq Ft
$389/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $510,000 $200 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,068/month

18 Days on Market

About This Home

As of September 2014

Original owners have lovingly maintained this traditional Hip Roof Colonial located on a 1 acre corner lot in a highly desired cul de sac neighborhood. Formal Living Room and Dining Room easily accommodates your large family gatherings. The eat in Kitchen boasts ample cabinet space, Corian counters, pantry, stainless steel appliances, wine fridge, decorative lighting and access to the Deck and Sun Room. The sparkling hardwood floors have been beautifully refinished in the Living Room, Dining Room and all four Bedrooms. Enjoy the wood burning fireplace in the wood beamed Family Room. 1st floor Laundry Room. There is an abundance of space in the front-to-back Master Bedroom with a Master Bath and walk-in closet. The remaining three Bedrooms are all good size and have ample closet space. Relax in the peaceful Sun Room with the cathedral ceiling, overlooking the level back yard. 2-zone gas heat and central air. Young roof and replacement windows. Installation of new septic just completed.

Last Agent to Sell the Property

June Sparks

Gibson Sotheby's International Realty Listed on: 07/07/2014

Gibson Sotheby's International Realty

Last Buyer's Agent

Denise Mootafian

Windhill Realty, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,720

Year Built

1981

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Laminate, Hardwood
  • Insulation: Full
  • Basement: Full, Interior Access, Garage Access, Concrete Floor
  • Bedroom 2: Second Floor, 13X14
  • Bedroom 3: Second Floor, 12X13
  • Bedroom 4: Second Floor, 12X16
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 11X20
  • Laundry Room: First Floor
  • Living Room: First Floor, 13X17
  • Master Bedroom: Second Floor, 14X18
  • Master Bedroom Description: Bathroom - 3/4, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 11X14
  • Family Room: First Floor, 14X19

Exterior Features

  • Construction: Frame
  • Exterior Features: Porch - Enclosed, Deck, Gutters, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Under, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 19, 2014
Sold by
Mucica Sally J
Bought by
Bene Steven M and Takvorian-Bene Melissa
Seller's Agent
June Sparks
Gibson Sotheby's International Realty
Buyer's Agent
Denise Mootafian
Windhill Realty, LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$990,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,784
Avg. Annual Appreciation
6.19%
Original Mortgage
$360,000
Outstanding Balance
$275,604
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$715,180
Source: Public Records

Range of Values:

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Average Value
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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
Bene Steven M $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bene Steven M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $510,000 0.0% $200 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/09/2014 07/09/14 Off Market $510,000 -- --
07/07/2014 07/07/14 For Sale $525,000 -- $206 / 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
2025 $9,720 $863,200 $414,200 $449,000
2024 $9,245 $833,600 $392,400 $441,200
2023 $8,792 $718,300 $331,300 $387,000
2022 $8,362 $618,000 $287,700 $330,300
2021 $8,033 $566,900 $261,600 $305,300
2020 $7,699 $560,300 $255,000 $305,300
2019 $7,514 $560,300 $255,000 $305,300
2018 $8,141 $560,300 $255,000 $305,300
2017 $7,436 $520,700 $224,400 $296,300
2016 $7,105 $497,900 $226,600 $271,300
2015 $7,061 $490,700 $213,200 $277,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    June Sparks

    Gibson Sotheby's International Realty

    (978) 475-4002

    1 in this area

    15 Total Sales

    June Sparks
    Section Image
  • Denise Mootafian

    Buyer's Agent in 2014

    Denise Mootafian

    Windhill Realty, LLC

    (978) 337-5769

    29 Total Sales

    Denise Mootafian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71709241

MLS Property Information Network (MLS PIN)

APN: NAND-000106B-000144

Massachusetts Essex County North Andover 01845

7 Olympic Ln, North Andover, MA

This home is located at 7 Olympic Ln, North Andover, MA 01845 since 07 July 2014 and is currently estimated at $990,784, approximately $388 per square foot. This property was built in 1981. 7 Olympic Ln is a home located in Essex County with nearby schools including Annie L Sargent Elementary School, North Andover Middle School, and North Andover High School.

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