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Essex
103 Phillips Common
Photo of 103 Phillips Common
Sold on Sep 30, 2005

1

Map

$620,000
● House - Off Market

103 Phillips Common

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,112,155
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

Walk to olde center.  Like new colonial has oversized foyer, two story living room w/granite fireplace.  Kitchen and baths have granite counters, tile floors.  Master Suite features walkin closet with custom storage units.  Master bath has whirlpool tub.  Security, irrigation system
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$256
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70215517)

Price History

Date / Event Date Event Price
Sep 30, 2005 Sold
Premium
Sold
Jun 24, 2005 Listed $639,900
Listed
May 24, 1996 Sold
Premium
Sold
Mar 5, 1996 Listed by Prudential Howe & Doherty $314,900
Listed by Prudential Howe & Doherty
LOCATION, LOCATION, LOCATION - BETTER THAN NEW. MANY FEATURES WHICH INCLUDE: 2 STORY LR W/FRPL, WONDERFUL EAT-IN KIT, FR W/9' CEILING, CAROLINA RM, HDWD THRUOUT 1ST FLR, MSTR SUITE W/WALK-IN CLOSETS & WHIRLPOOL. MUCH MORE!!!
Nov 18, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,306
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 2,621
  • Gross Building Area: 4,769
  • Building Area: 2,621
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,621
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Andover School District
  • School Tax School District: NO ANDOVER SD
  • Census Tract: 253201

Zoning

  • Zoning: R3

Geography

  • Account Number: M_231073_9
  • Parcel: NAND M:00058 B:00043 L:00000
  • Block: 43
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6883
  • Longitude: -71.1208

    Address

  • Full Address: 103 Phillips Cmn
  • Address - House Number: 103
  • Address - Street Name: Phillips
  • Address - Suffix Type: Cmn
  • State: MA
  • City Name: North Andover
  • Carrier Code: C043
  • 4-Digit Zip Code: 4047
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $883,400

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 916,872
  • High Value: 1,072,337
  • Low Value: 761,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $796,600
  • Assessed Land Value: $322,200
  • Assessed Improvements Value: $474,400

    Sales

  • Current Sale Recording Date: Sep 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37616
  • Previous Sale Recording Date: Nov 18, 1994
  • Previous Sale Amount: $293,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70215517

Frequently Asked Questions

When was property at 103 Phillips Common built and last sold?
The property at 103 Phillips Common was built in 1992 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 103 Phillips Common is $663,844.
What are some comparable homes to 103 Phillips Common?
There are currently no comparable homes to 103 Phillips Common.
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