NOT LISTED FOR SALE

73 Riverview St Unit 75 North Andover, MA 01845

Estimated Value: $731,120 - $896,000

3 Beds
2 Baths
2,130 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $525,000 $246 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,849/month

28 Days on Market

Highlights

  • River View
  • North Andover High School Rated A-
  • Patio

About This Home

As of June 2019

Developers take notice. EXCELLENT OPPORTUNITY! A Very Unique Occupied 2 Unit Multi-Family In North Andover Approximately 227 Feet Of WATERFRONT! This Multi-family Unit Sits On A HUGE Level 1.57 Acre Wooded Private Lot At The Very End Of A Dead End Street!! Vinyl Siding, Newer Roof & Windows, New gas furnace,gas water heaters and stoves.- GREAT Opportunity To Own In North Andover With Rental Income! Both Units Are In Great Condition - Potential To Subdivide Or To Add Additional Buildings - Tremendous Potential Awaits! Buyers Responsible For Due Diligence. Sellers offers this rare waterfront property it is the only private waterfront access property in North Andover on the Merrimack River with water access and boat launch. or Build your dream development project in this wonderful community. information of its viable use. see attached. Abutting property with additional house and land available. Please see MLS # 72477141

Last Agent to Sell the Property

Shawn Ferris

Shawn Ferris License #448553541 Listed on: 05/01/2019

Last Buyer's Agent

Shawn Ferris

Shawn Ferris License #448553541 Listed on: 05/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 1920

Lot Details

  • 1.57

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Natural Gas Water Heater
  • Private Sewer

Additional Features

  • River Views
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00072 B:00001 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,138

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 271.83
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN3684
  • Main So: AN3684
  • Estimated Sq Ft: 2130.00

Exterior Features

  • Waterfront: River, Frontage, Access, Direct Access, Navigable, Private
  • Waterfront Flag: Yes
  • Waterview Features: Private, River, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Patio, Gutters
  • Foundation: Fieldstone
  • Foundation Size: irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Sewage District: GLSD
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 422500.00
  • Acre: 1.57
  • Lot Size: 68389.00
  • Page: 276
  • Parcel Number: M:00072 B:00001 L:00000
  • Zoning: R4
  • Lot Description: Easements

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 1
  • Total Levels: 4
  • Total Rent: 2900
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6140.00
  • Assessor Parcel Number: 2069105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2009
Sold by
Tortorelli John V
Bought by
Tortorelli John V and Tortorelli Ofelin A
Current Estimated Value
$802,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,923
Outstanding Balance
$100,963
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$701,317

Purchase Details

Closed on
Jul 17, 2009
Sold by
Coletti Scott R and Hsbc Bank Usa
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Dec 17, 2002
Sold by
Sands Benjamin F and Sands Douglas
Bought by
Coletti Scott R and Coletti Rhonda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Tortorelli John V -- --
Tortorelli John V $199,900 --
Hsbc Bank Usa $216,690 --
Coletti Scott R $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tortorelli John V $153,923
Closed Tortorelli John V $39,980
Previous Owner Coletti Scott R $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $525,000 -9.3% $246 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $579,000 +70.3% $272 / Sq Ft
12/29/2016 12/29/16 Sold $340,000 -2.6% $160 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $349,000 0.0% $164 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/10/2016 09/10/16 For Sale $349,000 -- $164 / 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 $7,138 $633,900 $300,800 $333,100
2024 $6,765 $610,000 $298,700 $311,300
2023 $6,491 $530,300 $293,200 $237,100
2022 $7,107 $525,300 $267,100 $258,200
2021 $6,834 $482,300 $240,900 $241,400
2020 $6,246 $454,600 $230,000 $224,600
2019 $5,666 $422,500 $230,000 $192,500
2018 $6,139 $422,500 $230,000 $192,500
2017 $5,128 $359,100 $178,600 $180,500
2016 $4,960 $347,600 $178,600 $169,000
2015 $4,481 $311,400 $186,300 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72492069

MLS Property Information Network (MLS PIN)

APN: NAND-000720-000001