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4 Korinthian Way

4 Korinthian Way, Andover, MA 01810
Property in Andover
Sold Oct 21, 2021
$900,000
$548,250 by Leader Bank Na
Mortgage Due Oct 21, 2051
Sold Aug 31, 1994
$318,000
$254,400 by First Essex Svgs Bk
Mortgage
Local assessors in Andover, MA have categorized 4 Korinthian Way as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 44,649 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4 Korinthian Way has a total of 3,350 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4 Korinthian Way was last sold in Oct 21, 2021 for $900,000. According to our calculations, that's $268.66 per sqft. Prior to that sales transaction, the property was sold for $318,000 in Jan 1, 1970. Current property owners are expected to pay $13,019 in taxes per year. The property on 4 Korinthian Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $953,100. To break that down further, the land itself was valued at $435,300. While improvements to the property were assessed at a total of $517,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,576
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 44,649
  • Total Building Area: 3,350
  • Gross Building Area: 5,836
  • Building Area: 3,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,350
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDOVER
  • Land Acres: 1.025
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FABIANI MATHEW
  • Current Owner 2: FABIANI AMY M
  • Previous Owner : FABIANI FT
  • Owner Before Previous Owner: WELCH GERARD E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00012 B:00031 L:00000
  • Block: 31
  • Municipality: ANDOVER
  • Latitude: 42.631
  • Longitude: -71.0994

    Address

  • Full Address: 4 Korinthian Way
  • Address - House Number: 4
  • Address - Street Name: Korinthian
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: C016
  • 4-Digit Zip Code: 2206
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,019

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,083,008
  • High Value: 1,267,795
  • Low Value: 898,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 21, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $953,100
  • Assessed Land Value: $435,300
  • Assessed Improvements Value: $517,800

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11861645149
  • Current Sale Price: $900,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 34910
  • Previous Sale Recording Date: Aug 31, 1994
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST ESSEX SVGS BK
  • Previous Mortgage Transaction Date: Aug 31, 1994
  • Previous Mortgage Loan Amount: $254,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Essex



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Frequently Asked Questions

What neighborhood is 4 Korinthian Way located in?
The 4 Korinthian Way is a located in the neighborhood of Andover in Essex, Andover.
What is the average sales price for listings in 4 Korinthian Way?
The average sales price for units in 4 Korinthian Way is $0 currently.

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