7 Somerset Dr Andover, MA 01810
Far West Andover NeighborhoodEstimated Value: $1,409,331 - $1,877,000
5
Beds
3
Baths
3,741
Sq Ft
$430/Sq Ft
Est. Value
About This Home
This home is located at 7 Somerset Dr, Andover, MA 01810 and is currently estimated at $1,607,083, approximately $429 per square foot. 7 Somerset Dr is a home located in Essex County with nearby schools including High Plain Elementary School, Wood Hill Middle School, and Andover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2011
Sold by
Dreyfus David E and Dreyfus Lori L
Bought by
Zhang Honglang and Fan Hua
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$362,089
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,244,994
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Zhang Honglang | $730,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Zhang Honglang | $520,000 | |
Previous Owner | Zhang Honglang | $530,000 | |
Previous Owner | Zhang Honglang | $530,000 | |
Previous Owner | Zhang Honglang | $530,000 |
Source: Public Records
Tax History Compared to Growth
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 | $17,250 | $1,339,300 | $531,900 | $807,400 |
2023 | $16,212 | $1,186,800 | $454,800 | $732,000 |
2022 | $15,537 | $1,064,200 | $410,000 | $654,200 |
2021 | $14,929 | $976,400 | $372,900 | $603,500 |
2020 | $14,507 | $966,500 | $372,900 | $593,600 |
2019 | $14,290 | $935,800 | $352,000 | $583,800 |
2018 | $13,782 | $881,200 | $342,000 | $539,200 |
2017 | $13,260 | $873,500 | $335,500 | $538,000 |
2016 | $13,246 | $893,800 | $352,900 | $540,900 |
2015 | $12,952 | $865,200 | $352,900 | $512,300 |
Source: Public Records
Map
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