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25 Michael Way; Andover, MA Property Details

25 Michael Way, Andover, MA is a Condominium that was built in 1989. This property is currently Financed and is not for sale. Our records show that 25 Michael Way has 2 bedrooms, and 2.5 bathrooms, and a total of 1,754 square feet. The lot size of 25 Michael Way is 365,395 square feet.

Off market
25 Michael Way Andover, MA 01810
$420,000 Listing Price
2 Beds
2.5 Baths
1,754 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $720,000
  • Est. Equity / %: $676,000 / 100%
  • Gross Yield: 7.672%
  • APN: ANDO M:00093 B:00004 L:00034
  • Situs County: Essex
  • Length Of Ownership: 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,754/SqFt
  • Lot: 365,395/SqFt
  • Gross: 2,880/SqFt
  • Living: 1,754/SqFt
  • Basement: 992/SqFt
  • Building: 1,754/SqFt
  • Basement Unfinished: 992/SqFt
  • Price Per Square Foot: $410.49
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Andover School District
  • Lat / Lon: 42.645557 / -71.155136
  • Property Class: Residential
  • Zoning: SRB
  • County Use Code: 102

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4747
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

25 Michael Way has no associated ownership info
25 Michael Way has no associated ownership info.

Taxes

25 Michael Way has 8 associated Taxes items

25 Michael Way, Andover, MA pays taxes in Essex County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $540,500. The APN we've located for 25 Michael Way is ANDO M:00093 B:00004 L:00034.

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Taxes
  • Assessed Value:  $540,500
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  ANDO M:00093 B:00004 L:00034
  • Tax Amount:  6751
  • Tax Year:  2025
  • Market Value:  666900
  • Market Year:  2025

Tax History

25 Michael Way has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $540,500 Land Value Improvement Value $540,500 Tax Amount $6,751 Change Rate +0.132338% Assessed CR Tax Rate +0.01249%
Year 2024 Assessed Value $462,900 Land Value Improvement Value $462,900 Tax Amount $5,962 Change Rate +0.03256% Assessed CR Tax Rate +0.01288%
Year 2023 Assessed Value $422,700 Land Value Improvement Value $422,700 Tax Amount $5,774 Change Rate +0.062569% Assessed CR Tax Rate +0.01366%
Year 2022 Assessed Value $372,200 Land Value Improvement Value $372,200 Tax Amount $5,434 Change Rate -0.016826% Assessed CR Tax Rate +0.0146%
Year 2021 Assessed Value $361,500 Land Value Improvement Value $361,500 Tax Amount $5,527 Change Rate +0.033892% Assessed CR Tax Rate +0.015289%
Year 2020 Assessed Value $354,200 Land Value Improvement Value $354,200 Tax Amount $5,345.82 Change Rate -0.018792% Assessed CR Tax Rate +0.015093%
Year 2019 Assessed Value $350,400 Land Value Improvement Value $350,400 Tax Amount $5,448.2 Change Rate -0.003621% Assessed CR Tax Rate +0.015549%
Year 2018 Assessed Value $349,600 Land Value Improvement Value $349,600 Tax Amount $5,468 Change Rate +0.031309% Assessed CR Tax Rate +0.015641%
Year 2017 Assessed Value $349,300 Land Value Improvement Value $349,300 Tax Amount $5,302 Change Rate +0.016683% Assessed CR Tax Rate +0.015179%
Year 2016 Assessed Value $351,900 Land Value Improvement Value $351,900 Tax Amount $5,215 Change Rate +0.100211% Assessed CR Tax Rate +0.01482%
Year 2015 Assessed Value $316,600 Land Value Improvement Value $316,600 Tax Amount $4,740 Change Rate Assessed CR Tax Rate +0.014972%