314 Rea Street, North Andover MA 01845

North Andover, MA 01845
$955,000
4
Beds
2.5
Baths
2,879
Sq Ft
$332
Price/Sq Ft
0.65
Acres
1976
Year Built
2
Garage Spaces
19
Days on Market
Sold 2024 Listed Jan 30, 2024 • MLS# 73197802 Copied! • Updated Mar 13, 2024

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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.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$332/sq ft
Area Median
$326/sq ft
Difference
+1.8%

This property sold slightly above the area median for similar homes.

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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Recently Sold Nearby

Price & Status History

Market Insights

56.5%
Price Range
22
Total Days on Market
3
Previous Sales

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
Previous Transaction - MLS #70773001
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 31, 2008
$542,500
MLS #70773001
Previous Transaction - MLS #30638874
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 4, 2003
$518,100
MLS #30638874
Previous Transaction - MLS #30591922
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 29, 2002
$415,000
MLS #30591922

Tax History

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

Financial Details

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

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
Garage Spaces 2
Has Garage Yes
Features Attached, Under, Paved Drive, Off Street, Paved
Total Spaces 8
Electric Generator, Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Electric Oven, For Electric Dryer
Annual Tax $8,542
Assessed Value $697,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Attic Is Heated And Cooled By A Mini-split. Generator Is Powered By Propane. Refrigerator And W/d Remain As Gifts.
Exclusions See Inclusion/Exclusion Sheet.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Measured
Sq Ft Disclosures Please refer to the floor plans for room depictions. ADDITIONAL 200 square feet in the Sunroom.
Documents None
County Essex
Total market time (incl. prior listings) 22 days

Property Overview

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

Floor Layout

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

Utilities & Systems

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
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 | #296 of 825 | Score: 51.0
Dropped 21 spots from last year
-7.2 below state avg
583 students Moderate
Strong Attendance
Grades 01-05
Meritor Academy
0.9 mi
Grades PK
B
Franklin School
1.4 mi | #344 of 825 | Score: 49.2
Dropped 62 spots from last year
-9 below state avg
434 students Moderate
Strong Attendance
Grades 01-05
C-
Atkinson School
1.9 mi | #696 of 825 | Score: 36.3
Dropped 64 spots from last year
-22 below state avg
317 students Diverse
Diverse Student Body
Grades 01-05
Anne Bradstreet Early Childhood Center
2.0 mi
403 students Diverse
Grades PK-K
M

Middle Schools

1 school
A-
North Andover Middle School
2.1 mi | #93 of 352 | Score: 50.3
Improved 19 spots from last year
-7.9 below state avg
1,032 students Moderate
Grades 06-08
H

High Schools

2 schools
A
North Andover High School
2.5 mi | #60 of 346 | Score: 65.9
Improved 27 spots from last year
+7.7 above state avg
1,288 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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Location

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Neighborhood

314 Rea Street, North Andover MA 01845

North Andover, MA 01845

Listing Information

Listing Agent Debbie Carusi
Listing Office Coldwell Banker Realty - Andover
Office Phone 978-475-2201
Agent MLS ID CN211527
Office MLS ID AN6188
Listing Data Updated Mar 13, 2024 9:24 AM EDT
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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