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5 Sparta Way

5 Sparta Way, Andover, MA 01810
Property in Andover
Sold Jul 13, 2001
$478,000
$370,000 by Bank Of America Na
Mortgage Due May 01, 2050
Sold May 21, 1987
$265,000
$212,000 by Beverly Svgs Bk
Mortgage
5 Sparta Way in Andover, MA was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5 Sparta Way has 2,336 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 30,135 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 1, 1970 for $478,000. That's $204.62 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $265,000. 5 Sparta Way was last assessed in 2023. The total value of the property was assessed at $738,300. Specifically, the land the property is located on was valued at $368,400. While improvements on the property were assessed at a total of $369,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,085. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 960
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 30,135
  • Total Building Area: 2,336
  • Gross Building Area: 4,136
  • Building Area: 2,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.692
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NORTON THOMAS F
  • Current Owner 2: NORTON JUDITH T
  • Previous Owner : CHEN SHIH-SAN ALEX
  • Previous Owner 2: CHU YEN-CHING
  • Owner Before Previous Owner: SPRING VALL DEV CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00141 B:00040 L:00000
  • Block: 40
  • Municipality: ANDOVER
  • Latitude: 42.6159
  • Longitude: -71.1531

    Address

  • Full Address: 5 Sparta Way
  • Address - House Number: 5
  • Address - Street Name: Sparta
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 6065
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,085

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 841,569
  • High Value: 974,498
  • Low Value: 708,639

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jun 29, 2020
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,300
  • Assessed Land Value: $368,400
  • Assessed Improvements Value: $369,900

    Sales

  • Current Sale Recording Date: Jul 13, 2001
  • Current Sale Transaction ID: 1148270531
  • Current Sale Price: $478,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 21, 1987
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST EASTERN MTG CO
  • First Mortgage Transaction Date: Jul 13, 2001
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BEVERLY SVGS BK
  • Previous Mortgage Transaction Date: May 21, 1987
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Essex



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Frequently Asked Questions

What neighborhood is 5 Sparta Way located in?
The 5 Sparta Way is a located in the neighborhood of Andover in Essex, Andover.
What is the average sales price for listings in 5 Sparta Way?
The average sales price for units in 5 Sparta Way is $0 currently.

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