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314 Rea Street, North Andover MA 01845

North Andover, MA 01845
$955,000
Est. $5,741/month
4
Beds
2.5
Baths
2,879
Sq Ft
$332
Price/Sq Ft
0.65
Acres
1976
Year Built
19
Days on Market
Closed Listed Jan 31, 2024 • MLS# 73197802 Copied!

About this home

Home Sweet Home - Picturesque Colonial in a prime location close to everything - Annie Sargent School, Reynolds & Drummond Park, The Old Center and North Andover Youth Center. Large eat-in-kitchen with breakfast bar opens to a wonderful dining room with bay windows. Connected living room makes entertaining a breeze. Front to back fireplaced family room with BONUS 3-season screened in porched also accessible by the kitchen. 1/2 bathroom and laundry round out the first floor. Upstairs has an oversized primary bedroom with primary bathroom. All generous sized bedrooms with a completely updated main bathroom. SURPRISE walk-up attic leads to the finished 3rd floor. Wonderful lot with privacy is perfect for your summer BBQ's and entertaining. Great neighborhood setting close to many streets for those evening strolls. Features include updated oil burner, oil tank and hot water heater not to mention a whole house generator! Great commuter location close to routes 495/93/114/125. Welcome Home!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1976
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,879 sq ft
Total Rooms
9

Sale Statistics

Sale Overview
Original List Price: $819,900
Final Sale Price: $955,000
Difference: +$135,100 (+16.5%)
Performance Metrics
116.5%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $285
Sale $/sq ft: $332
This property sold for $332 per square foot
Sale Summary

This property sold for 16.5% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1976
Living Area 2,879 sq ft
Lot Size 0.65 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 9

Interior

Heating Baseboard, Oil
Cooling Central Air
Flooring Tile, Laminate, Hardwood
Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Interior Entry, Garage Access
Laundry First Floor, Electric Dryer Hookup
Features Bonus Room

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Under, Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric Generator, Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Electric Oven, For Electric Dryer

Financial

Annual Tax $8,542
Assessed Value $697,900

Interior Features

Flooring: Tile, Laminate, Hardwood
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bonus Room
Windows: Insulated Windows
Basement: Full, Interior Entry, Garage Access
Laundry: First Floor, Electric Dryer Hookup
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 1976
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Attached, Under, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Public School, Sidewalks

Location

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Neighborhood

314 Rea Street, North Andover MA 01845

North Andover, MA 01845

Walkability

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Nearby Schools

School District
North Andover School District local
A-
🎓 Where Graduates Go Class of 2021
77% attend college
68% 4-Year 9% 2-Year 36% Out of State 4% Working
School Safety 2024-25
0.6% Low
0.6% Suspensions 0.1% In-School
4.9% below state avg
E

Elementary Schools

6 schools
St. Michael Elementary School
2.8 mi
Grades PK-08
B+
Annie L Sargent School
0.2 mi | #269 of 824 | Score: 51.9
Improved 6 spots from last year
-6.3 below state avg
441 students Moderate
Strong Attendance
Grades 01-05
Meritor Academy
0.9 mi
Grades PK
B+
Franklin School
1.4 mi | #324 of 824 | Score: 50.0
Dropped 42 spots from last year
-8.2 below state avg
383 students Moderate
Strong Attendance
Grades 01-05
C
Atkinson School
1.9 mi | #660 of 824 | Score: 38.0
Dropped 28 spots from last year
-20.2 below state avg
274 students Diverse
Diverse Student Body
Grades 01-05
Anne Bradstreet Early Childhood Center
2.0 mi
462 students Moderate
Grades PK-K
M

Middle Schools

1 school
A-
North Andover Middle School
2.1 mi | #86 of 352 | Score: 51.2
Improved 26 spots from last year
-7 below state avg
1,023 students Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
A
North Andover High School
2.5 mi | #54 of 346 | Score: 66.6
Improved 33 spots from last year
+8.4 above state avg
1,328 students Diverse
21 sports • 2,578 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
Brooks School
2.7 mi
Grades 09-12
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Monthly Payment Calculator

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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $712
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

14.1%
Price Range
22
Total Days on Market

Property Timeline

Sold
Mar 12, 2024
$955,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jan 31, 2024
$819,900
Original listing
Agent: Debbie Carusi Office: Coldwell Banker Realty - Andover

Price & Status History

Date Event Price Change
Jan 31, 2024 New Listing Added $819,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$332

Tax History

Year Taxes Assessment
2023 $8,542 $697,900

Financial Details

Annual Property Tax
$8,542
Tax Year 2023
Assessed Value
$697,900

Listing Information

Listing Agent Debbie Carusi
Agent MLS ID CN211527
Office MLS ID AN6188
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for North Andover, MA

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