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62 Bannan Drive, North Andover MA 01845

North Andover, MA 01845
$737,450
Est. $4,618/month
4
Beds
3
Baths
2,344
Sq Ft
$315
Price/Sq Ft
0.58
Acres
1975
Year Built
39
Days on Market
Closed Listed Oct 21, 2023 • MLS# 73172469 Copied!

About this home

Minor improvement in rates plus a major adjustment in price have aligned to create this singular advantage for the savvy buyer!!! This desirable Colonial on cul-de-sac location close to Old North Ctr, Youth Ctr & Sargent Elementary has outdoor fun space with 2-tiered deck overlooking a fabulous private yard ideal for all kinds of activities. Enjoy the falling leaves with leaf guard system on gutters. New state-of-the-art septic system just installed. Inside you can bask in the cheerful, bright Sunroom by day and in the warm glow of the Family Room's fireplace on chilly evenings. There's also plenty of space to gather everyone together in the LR and DR for holidays. Upstairs: 4 BRs, main Bath w/ whirlpool tub plus separate shower; & an en-suite in the Primary. Lower lvl multi-purpose rm w/ gym flooring, cabinetry & dimmable recessed lights goes Zen for a yoga studio or raucous for a playroom. Your own decorating ideas can only enhance the style and value of this spacious home!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1975
Bedrooms
4
Full Bathrooms
3
Living Area
2,344 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $789,900
Final Sale Price: $737,450
Difference: $52,450 (-6.6%)
Performance Metrics
93.4%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $337
Sale $/sq ft: $315
This property sold for $315 per square foot
Sale Summary

This property sold for 6.6% below the original asking price.

The property spent 39 days on market before selling.

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1975
Living Area 2,344 sq ft
Lot Size 0.58 acres
Bedrooms 4
Full Baths 3
Total Rooms 7

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet, Bamboo
Appliances Gas Water Heater, Range, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer, Vacuum System, Range Hood
Fireplace Family Room
Fireplaces 1
Basement Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump
Laundry Dryer Hookup - Dual, Gas Dryer Hookup, Washer Hookup, In Basement
Features Cathedral Ceiling(s), Ceiling Fan(s), Closet/cabinets - Custom Built, Recessed Lighting, Beadboard, Sun Room, Bonus Room, Central Vacuum

Exterior

Construction Frame
Architecture Garrison
Roof Shingle
Features Deck - Wood, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Deck - Exterior, Deck - Wood

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $8,269
Assessed Value $675,600

Interior Features

Flooring: Wood, Tile, Carpet, Bamboo
Appliances: Gas Water Heater, Range, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer, Vacuum System, Range Hood
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Closet/Cabinets - Custom Built, Recessed Lighting, Beadboard, Sun Room, Bonus Room, Central Vacuum
Windows:
Basement: Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump
Laundry: Dryer Hookup - Dual, Gas Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Garrison
Year Built: 1975
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck - Wood, Sprinkler System
Patio & Porch: Deck - Exterior, Deck - Wood
Fencing:
Other Structures:
Lot Features: Cul-De-Sac, Easements
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Shopping, Highway Access, House of Worship, Private School, Public School, University

Location

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Neighborhood

62 Bannan Drive, 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
0.5 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
1.3 mi
Grades PK
B+
Franklin School
1.5 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
Brooks School
2.3 mi
Grades 09-12
A
North Andover High School
2.3 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
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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 $689
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

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Current 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

1.7%
Price Range
41
Total Days on Market

Property Timeline

Sold
Jan 16, 2024
$737,450
Property sold
Days on Market: 41
🏠
Listed for Sale
Oct 21, 2023
$749,900
Original listing
Agent: Karen Colby Office: Colby Properties Real Estate, LLC

Price & Status History

Date Event Price Change
Oct 21, 2023 New Listing Added $749,900

Market Statistics

Days on Market
39 days
Price per Sq Ft
$315

Tax History

Year Taxes Assessment
2023 $8,269 $675,600

Financial Details

Annual Property Tax
$8,269
Tax Year 2023
Assessed Value
$675,600

Listing Information

Listing Agent Karen Colby
Listing Office Colby Properties Real Estate, LLC
Agent MLS ID C5469719
Office MLS ID C56200
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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