524 Rea Street, North Andover MA 01845

North Andover, MA 01845
$1,392,000
Est. $7,409/month
4
Beds
3.5
Baths
3,366
Sq Ft
$414
Price/Sq Ft
1.00
Acres
1998
Year Built
Single Family Residence
Type
14
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73373861

About this home

Welcome to 524 Rea Street - a beautifully updated Colonial perfectly situated on a sunlit corner lot with a private backyard retreat! Gleaming hardwood floors, custom woodwork and timeless finishes flow throughout, including a renovated kitchen with SubZero refrigerator, Thermador appliances, custom cabinetry, and a beverage station. The inviting family room features a stone fireplace, tray ceiling, and custom built-ins. Step out to the screened porch and composite deck overlooking the heated saltwater gunite pool and patio, just in time for summer! Get ready to host unforgettable gatherings in your own resort-style setting. Upstairs, completely renovated bathrooms and a bright laundry room add everyday comfort, while the finished lower level with a mudroom and ¾ bath offers flexible bonus space. With professional lighting, outdoor speakers, and thoughtful upgrades throughout, this home blends luxury living with everyday ease. Ready to make your move? This home is waiting for you!

Sale Statistics

Sale Overview
Original List Price: $1,340,000
Final Sale Price: $1,392,000
Difference: +$52,000 (+3.9%)
Performance Metrics
103.9%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $398
Sale $/sq ft: $414
This property sold for $414 per square foot
Sale Summary

This property sold for 3.9% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1998
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,366 sq ft
Total Rooms
9

Interior Features

Flooring
Tile, Hardwood, Flooring - Hardwood, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air, Ductless
Has Cooling
Yes
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features
Chair Rail, Open Floorplan, Recessed Lighting, Wainscoting, Crown Molding, Decorative Molding, Cathedral Ceiling(s), Closet, Lighting - Overhead, Bathroom - 3/4, Bathroom - With Shower Stall, Lighting - Sconce, Home Office, Sitting Room, Foyer, Bonus Room, Mud Room, 3/4 Bath, Central Vacuum
Laundry Features
Laundry Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Electric Dryer Hookup, Recessed Lighting, Remodeled, Washer Hookup, Second Floor
Basement Details
Partially Finished, Walk-Out Access, Interior Entry, Garage Access
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Porch - Screened, Deck, Deck - Composite, Patio, Pool - Inground Heated, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard
Patio/Porch Features
Porch, Screened, Deck, Deck - Composite, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Pool Features
Pool - Inground Heated
Private Pool
Yes
View
Scenic View(s)
Has View
Yes
Waterfront Property
No

Lot & Land

Lot Size
1.00 acres
Lot Size
43,560 sq ft
Lot Size Area
1.0000
Lot Features
Corner Lot, Wooded
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Garage Door Opener, Storage, Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Security Features
Security System

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,907
Tax Year
2024
Tax Assessed Value
$1,073,700
Parcel Number
M:00038 B:00317 L:00000,3767578
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Property Condition
Remodeled
Disclosures
Buyers and buyers agents to perform due diligence. Please see all attachments.

Location

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Neighborhood

524 Rea Street, North Andover MA 01845

North Andover, MA 01845

Walkability

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Schools

Elementary School
Sargent
Rating information coming soon
Middle School
Nam
Rating information coming soon
High School
Nah
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $992
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.7%
Price Range
15
Total Days on Market

Property Timeline

Sold
Jul 31, 2025
$1,392,000
Property sold
Days on Market: 15
🏠
Listed for Sale
May 13, 2025
$1,340,000
Original listing
Agent: Maureen Moran Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
May 13, 2025 New Listing Added $1,340,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$414

Tax History

Year Taxes Assessment
2024 $11,907 $1,073,700

Financial Details

Annual Property Tax
$11,907
Tax Year 2024
Assessed Value
$1,073,700

Listing Information

Listing Agent Maureen Moran
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CN235628
Office MLS ID AN0949

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