LOCATION IS EVERYTHING! Welcome to 5 OLD SOUTH LANE. Do not miss this rare opportunity to live on one of the most desirable streets in Andover! Embrace the pedestrian lifestyle in the heart of downtown, minutes to Phillips Academy, schools & everything Andover! This classic 3 bedroom, cape style home, features a great flexible floor plan with a cathedral ceiling granite/stainless eat in kitchen at the heart of the home. Access to the deck and screened porch is steps away making this ideal for entertaining family and friends. A living room, dining room, primary bedroom w/gas fireplac & full bath complete this level. Upstairs you will find 2 generous bedrooms & a full bath. The walk-out lower level boasts a family room with kitchenette, home office, full bath, laundry & storage. Beautifully crafted stone walkways, patios & stone wall terraces greet you at every turn as you explore the outside. 2 car garage, central air & so much more make this a home you don't want to miss!
Sale Statistics
Sale Overview
Original List Price:$1,075,000
Final Sale Price:$1,050,000
Difference:
$25,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$469
Sale $/sq ft:$458
This property sold for $458 per square foot
Sale Summary
This property sold for 2.3% below the original asking price.
The property spent 39 days on market before selling.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1956
Bedrooms
3
Full Bathrooms
3
Living Area
2,292 sq ft
Total Rooms
8
Interior Features
Flooring
Wood, Tile, Flooring - Stone/Ceramic Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Master Bedroom
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Home Office, Sun Room, Central Vacuum
Attached, Storage, Oversized, Paved Drive, Off Street, Paved
Covered Parking Spaces
2
Utilities & Systems
Utilities Available
for Gas Range, Washer Hookup
Water Source
Public
Sewer
Private Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$12,209
Tax Year
2024
Tax Assessed Value
$947,900
Parcel Number
1839113
Zoning
SRA
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Property record card has home as 2 bedroom- Septic design is for a 4 bedroom home. Sun room is not heated.
Location
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Neighborhood
5 Old South Lane, Andover MA 01810
Andover, MA 01810
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$1,017
Homeowners Insurance$200
PMI$0
Property History
Market Insights
2.3%
Price Range
40
Total Days on Market
Property Timeline
✓
Sold
Dec 27, 2024
$1,050,000
Property sold
Days on Market: 40
🏠
Listed for Sale
Oct 9, 2024
$1,075,000
Original listing
Agent: Kara RossOffice: Coldwell Banker Realty - Andover