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8 Alcott Way # 8, North Andover MA 01845

North Andover, MA 01845
$609,500
Est. $4,231/month
2
Beds
2.5
Baths
1,902
Sq Ft
$320
Price/Sq Ft
1989
Year Built
18
Days on Market
Closed Listed Mar 13, 2024 • MLS# 73211594 Copied!

About this home

Luxury Condo unit located in desirable Alcott Village - Upon your entry into the open foyer, you'll feel the spaciousness of this home enhanced by the abundance of natural and overhead lighting. Updated kitchen with top-of-the-line Bosch appliances, high end cabinetry, and lots of prep space and counter seating. Gas fireplace provides warmth and ambience to the living room. A wet bar, cathedral ceiling, and French doors contribute to this WOW feeling for the open floor plan. 2nd floor: each generous sized bedroom has their own full bath, Bonus Loft overlooking living room, perfect for home office, etc., all with newly installed attractive vinyl flooring. Updates: Heating and Rinnai hot water systems 2016, kitchen remodel 2016; Primary bath 2020 and Guest Bath 2021; 2nd floor windows 2014. Conveniently located to downtown Andover, commuter routes, and rail. All offers, if any, due Monday at 5:00 p.m with 24 hour response time added. Open House dates Sat/Sun - 12pm-2pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1989
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,902 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $609,500
Difference: +$34,500 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $320
This property sold for $320 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1989
Living Area 1,902 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Vinyl, Marble, Vinyl / Vct, Flooring - Marble
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Second Floor, In Unit, Washer Hookup
Features Open Floorplan, Loft, Foyer, Wet Bar, Internet Available - Unknown

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle
Features Patio, Storage, Decorative Lighting, Professional Landscaping, Sprinkler System, Other
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Paved
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, Washer Hookup

Financial

Annual Tax $6,304
Assessed Value $529,800

Interior Features

Flooring: Wood, Tile, Vinyl, Marble, Vinyl / VCT, Flooring - Marble
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Interior Features: Open Floorplan, Loft, Foyer, Wet Bar, Internet Available - Unknown
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, In Unit, Washer Hookup
Security:

Construction & Materials

Year Built: 1989
Structure Type: Townhouse
Exterior Materials: Frame, Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Storage, Decorative Lighting, Professional Landscaping, Sprinkler System, Other
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Golf, Medical Facility

Location

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Neighborhood

8 Alcott Way # 8, 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
2.6 mi
Grades PK-08
Meritor Academy
0.7 mi
Grades PK
B+
Franklin School
0.9 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
B+
Annie L Sargent School
1.1 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
C
Atkinson School
1.7 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
1.8 mi
462 students Moderate
Grades PK-K
M

Middle Schools

1 school
A-
North Andover Middle School
2.0 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
2.6 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
3.4 mi
Grades 09-12
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Monthly Payment Calculator

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Principal, interest, taxes & insurance
Loan Amount
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Total Interest
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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 $525
Homeowners Insurance $200
HOA Fee $424/mo
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
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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

5.7%
Price Range
20
Total Days on Market

Property Timeline

Sold
May 17, 2024
$609,500
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 13, 2024
$575,000
Original listing
Agent: Neve and Magnifico Group Office: Realty One Group Nest

Price & Status History

Date Event Price Change
Mar 13, 2024 New Listing Added $575,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$320

Tax History

Year Taxes Assessment
2024 $6,304 $529,800

Financial Details

Annual Property Tax
$6,304
Tax Year 2024
HOA Fee
$424
Monthly
Assessed Value
$529,800

Listing Information

Listing Agent Neve and Magnifico Group
Listing Office Realty One Group Nest
Agent MLS ID TM309576
Office MLS ID AN6420
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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