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3 Michael Way; Andover, MA Property Details

3 Michael Way, Andover, MA is a Condominium that was built in 1988. This property is currently Financed and is not for sale. Our records show that 3 Michael Way has 2 bedrooms, and 1.5 bathrooms, and a total of 1,176 square feet. The lot size of 3 Michael Way is 365,395 square feet.

Off market
3 Michael Way Andover, MA 01810
$234,800 Estimated Value
2 Beds
1.5 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $166,440
  • Open Loans / Balance: 2 / $156,743
  • Est. Equity / %: $228,257 / 59.29%
  • Inv. Liens: 1
  • Gross Yield: 5.878%
  • APN: ANDO M:00093 B:00004 L:00044
  • Situs County: Essex
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • 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: 1,176/SqFt
  • Lot: 365,395/SqFt
  • Gross: 1,440/SqFt
  • Living: 1,176/SqFt
  • Basement: 480/SqFt
  • Building: 1,176/SqFt
  • Basement Unfinished: 240/SqFt
  • Price Per Square Foot: $141.53
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
  • Subdivision: Abbots Pond Condo
  • Property Class: Residential
  • Zoning: SRB
  • County Use Code: 102

Amenities

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

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

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

Taxes

3 Michael Way has 8 associated Taxes items

3 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 $234,800. The APN we've located for 3 Michael Way is ANDO M:00093 B:00004 L:00044.

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Taxes
  • Assessed Value:  $234,800
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  ANDO M:00093 B:00004 L:00044
  • Tax Amount:  2933
  • Tax Year:  2025
  • Market Value:  451915
  • Market Year:  2025

Tax History

3 Michael Way has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $234,800 Land Value Improvement Value $234,800 Tax Amount $2,933 Change Rate +0.13287% Assessed CR Tax Rate +0.012491%
Year 2024 Assessed Value $201,000 Land Value Improvement Value $201,000 Tax Amount $2,589 Change Rate +0.033946% Assessed CR Tax Rate +0.012881%
Year 2023 Assessed Value $183,300 Land Value Improvement Value $183,300 Tax Amount $2,504 Change Rate +0.065079% Assessed CR Tax Rate +0.013661%
Year 2022 Assessed Value $161,000 Land Value Improvement Value $161,000 Tax Amount $2,351 Change Rate -0.017551% Assessed CR Tax Rate +0.014602%
Year 2021 Assessed Value $156,500 Land Value Improvement Value $156,500 Tax Amount $2,393 Change Rate +0.034194% Assessed CR Tax Rate +0.015291%
Year 2020 Assessed Value $153,300 Land Value Improvement Value $153,300 Tax Amount $2,313.88 Change Rate -0.017953% Assessed CR Tax Rate +0.015094%
Year 2019 Assessed Value $151,600 Land Value Improvement Value $151,600 Tax Amount $2,356.18 Change Rate -0.00415% Assessed CR Tax Rate +0.015542%
Year 2018 Assessed Value $151,300 Land Value Improvement Value $151,300 Tax Amount $2,366 Change Rate +0.032737% Assessed CR Tax Rate +0.015638%
Year 2017 Assessed Value $150,900 Land Value Improvement Value $150,900 Tax Amount $2,291 Change Rate +0.015514% Assessed CR Tax Rate +0.015182%
Year 2016 Assessed Value $152,200 Land Value Improvement Value $152,200 Tax Amount $2,256 Change Rate +0.102639% Assessed CR Tax Rate +0.014823%
Year 2015 Assessed Value $136,700 Land Value Improvement Value $136,700 Tax Amount $2,046 Change Rate Assessed CR Tax Rate +0.014967%