By Patti Parsons Longo posted September 2nd, 2010
82 Poor Street
Unit #2 – Andover MA – $314,000.00
Andover has many lovely homes and this home is on the list. $314,000.00 does not always get you all of what you would like in Andover but this home with its 3 bedrooms and 1700 plus square feet is a great find.
This home has the space and feel of a roomy 2 story single family home but it is a condo with a condo fee of only $285.00
Located in a sought after, convenient location in the historical brick Shawsheen Neighborhood. It has been totally renovated in 2007. In addition to the 3 bedrooms it features 2 full baths and a sunny kitchen, hardwood floors, smooth ceilings, and replacement windows. It has a bonus den, sunroom, enclosed porch and great patio area with a 2 car garage.
This home is a must see for someone who is looking to live in Andover – Amazing amount of square feet for an affordable price.
Reach out to me with any questions – and if you want to take a look let me know.
By Patti Parsons Longo posted August 31st, 2010
Andover is known for its luxury homes but this home separates itself from the rest.
151 Haggetts Pond Road – $6,500,00.00
Can you imagine living in 20,000 plus square feet secluded contemporary estate on over 4 acres?
Well if you can imagine – this is a once in a lifetime home and opportunity.
This beyond the imagination home features 9 bedrooms – 5 fireplaces – 9.5 baths. Of course it has all the bells and whistles expected but it has features that most home will never have.
Do you want to bowl – go ahead – yes there is a bowling alley in the arcade – yes I said arcade.
Do you want shoot hoops – go ahead- in the full size – yes full size basketball court.Do you want to exercise – okay you have it by now – go ahead – great exercise room.
How about a swim in the winter when the snow is falling and the wind is howling – no need to worry- simply take a dip in your indoor pool. (Oh there is an outdoor pool as well).How about a movie in your own private theatre – talk about drama!
In addition you will be toasty always in your heated 3 car garage with a work area as well as storage.
As well as cool as necessary with your 7 zone central air.
Obviously this home has too many details but check out the details here!! And then call me for a private tour!
By Patti Parsons Longo posted August 19th, 2010
What is happening in the Andover Market? A question that I am asked frequently…
So today I thought I would speak to what is happening with listings and sales in the Andover market – what the home inventory is currently –and what has sold in the past 6 months and the amount of time these homes have been on the market.
Currently there are 132 single families on the market in Andover from $199,900 to $6.5 million. The average list price is $786,423 – however, that number is a tad skewed (although accurate) due to the listing that is 6.5 million dollars- which obviously drives the average list price way up. And the average time these listings have been on the market is 111 days.
In the past 6 months – 152 single family homes have sold – they had an average list price of $595,868 – with the average sales price of $580,350 (which is less than 3% off the asking price) and the average time on the market was 103.93 days, data from MLS.
Looking at this information it says a few things. The first thing it says to me is that properties are selling in Andover , in spite of what some may say; in addition it says that if priced correctly homes sell – sell quickly and in some cases sell for asking or above asking price. And with the average difference from asking to selling being less than 3% it says that these homes were priced correctly to start with.
If you are looking to sell or buy a home and you have questions – need comps – or would like more detailed information – please let me know I will be happy to assist you.
By Patti Parsons Longo posted August 17th, 2010
In the past 5 days 4 new listings have come on the market in Andover.
16 Evergreen Lane $1,375,000
Once in a lifetime opportunity to have stunning water views from this waterfront Andover home. Situated on 3 acres and abutting conservation land. This 4 bedroom, 3.5 bath ranch features 2964 square feet and a fireplaced living room.
5 Nollet Drive $819,900
5037 square feet awaits you when you open the front door of this elegant Colonial. The convenience of a circular driveway allows you to pull up to your 4 bedroom, 3.5 bath home located in the High Plain School District. Gracious formal living and dining room, great sunny kitchen with custom cabinets with new granite, glass tile, stainless steel appliances and a large eating area. Also has a sun drenched family room with wet bar and fireplace. Master bedroom has been newly renovated.
9 Carriage Hill Road $475,000
At the end of a cul-de-sac perched on almost an acre – this 3 bedroom 2 bath home awaits you. Featuring 2657 square feet, lovely refinished hardwood flooring and a newly redone family room.
160 High Street $369,900
If it is Antique charm that matters to you – you must take a peek! Beautiful renovations await you in this 4 bedroom, 2 bath – 1602 square foot home. New windows, new granite/marble baths!!
Please let me know if I have sparked your interest – will be happy to schedule a private tour.
By Patti Parsons Longo posted August 12th, 2010
Another announcement that home loan rates set new lows in the latest week – Freddie Mac said this morning.
“Interest rates for fixed mortgages and five-year hybrid ARMs again broke record lows this week following reports of a sluggish job market,” Frank Nothaft, chief economist at Freddie Mac, said in a statement.
The average 30-year mortgage rate fell to 4.44 percent in the week ended Aug. 12, the lowest since Freddie Mac records began in 1971. The prior record low was 4.49 percent a week ago, which was well below 5.29 percent a year ago.
Fifteen-year mortgage rates dropped 0.03 percentage point to average 3.92 percent, the lowest since records began in 1991. And five-year Treasury-indexed adjustable-rate mortgages (ARMs) at 3.56 percent also set a record low, dating back to 2005.
This is great news for those who are making a purchase and for those who would like to refinance.
My mortgage partner Christina can assist you with any questions that you have about financing. Whether it is about your new home purchase and what your payment will be, how much of a home you can afford or if it would make sense for you to refinance at this time. Any question that you have regarding financing she is the right person to speak with.
Call or email me with any questions or call or email Christina directly! christina.longo@prospectmtg.com – 978-886-9359
Now is the time!
By Patti Parsons Longo posted August 11th, 2010
2 Townhouses New to Market
There have been 2 new townhomes that hit the market in the past few weeks. Both of them are exceptional properties with a lot of space for you and your family.
16 Leah Way Unit 16 – $730,000
Lincoln Woods Phase II –is a new construcition luxury townhome with an intown location. Architecually designed for easy living with fabulous custom features. This 3 bedroom 3.5 baths with first floor master suite has exquisite detail. This 2800 square foot home has a finished basement with walk out as well. 2 attached garage spaces. Homeowners association fee is $452.00 – simply sit back and enjoy your home.
And then there is ……..
19 Swan Lane Unit 19 – $1,249,000
Swan Crossing – This is an extrodinary one of a kind home. This 4690 square foot home has 4 bedrooms, 4.5 baths and 2 fireplaces. The gourmet kitchen has all the bells and whistles you would expect with antique white cabinets that feature builtin-in glass china cabinets. This end unit sits nicely on the lot overlooking Andover Country Club golf course. With its 3 levels of living – this home is truly exceptional. Either sit back and watch the golfers – stroll down to the club for a bite to eat or take a dip in the new pool that will be open in the Summer of 2011. This home features everything you could wish for.
Want a private tour – please let me know I will be happy to schedule.
