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37 Michael Way; Andover, MA Property Details

37 Michael Way, Andover, MA is a Condominium that was built in 1989. This property is currently a cash purchase and is not for sale. Our records show that 37 Michael Way has 3 bedrooms, and 3.5 bathrooms, and a total of 2,171 square feet. The lot size of 37 Michael Way is 365,395 square feet.

Off market
37 Michael Way Andover, MA 01810
$425,000 Listing Price
3 Beds
3.5 Baths
2,171 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1989
  • Purchase Price: $375,000
  • Open Loans / Balance: 2 / $114,338
  • Est. Equity / %: $622,662 / 84.49%
  • Gross Yield: 7.504%
  • APN: ANDO M:00093 B:00004 L:00028
  • Situs County: Essex
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • 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: 2,171/SqFt
  • Lot: 365,395/SqFt
  • Gross: 3,360/SqFt
  • Living: 2,171/SqFt
  • Basement: 832/SqFt
  • Building: 2,171/SqFt
  • Basement Unfinished: 416/SqFt
  • Price Per Square Foot: $172.73
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
  • Property Class: Residential
  • Zoning: SRB
  • County Use Code: 102

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4756
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $487
  • H O A Amount: $487
  • H O A One Name: Abbots Pond Condominium
  • H O A One Type: Condo  Owner Association

Ownership Info

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

Taxes

37 Michael Way has 8 associated Taxes items

37 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 $600,500. The APN we've located for 37 Michael Way is ANDO M:00093 B:00004 L:00028.

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Taxes
  • Assessed Value:  $600,500
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  ANDO M:00093 B:00004 L:00028
  • Tax Amount:  7500
  • Tax Year:  2025
  • Market Value:  640300
  • Market Year:  2025

Tax History

37 Michael Way has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $600,500 Land Value Improvement Value $600,500 Tax Amount $7,500 Change Rate +0.151013% Assessed CR Tax Rate +0.01249%
Year 2024 Assessed Value $505,900 Land Value Improvement Value $505,900 Tax Amount $6,516 Change Rate +0.044901% Assessed CR Tax Rate +0.01288%
Year 2023 Assessed Value $456,500 Land Value Improvement Value $456,500 Tax Amount $6,236 Change Rate +0.063619% Assessed CR Tax Rate +0.01366%
Year 2022 Assessed Value $401,600 Land Value Improvement Value $401,600 Tax Amount $5,863 Change Rate -0.01611% Assessed CR Tax Rate +0.014599%
Year 2021 Assessed Value $389,700 Land Value Improvement Value $389,700 Tax Amount $5,959 Change Rate +0.033823% Assessed CR Tax Rate +0.015291%
Year 2020 Assessed Value $382,000 Land Value Improvement Value $382,000 Tax Amount $5,764.04 Change Rate +0.008627% Assessed CR Tax Rate +0.015089%
Year 2019 Assessed Value $377,400 Land Value Improvement Value $377,400 Tax Amount $5,714.74 Change Rate -0.028766% Assessed CR Tax Rate +0.015142%
Year 2018 Assessed Value $376,200 Land Value Improvement Value $376,200 Tax Amount $5,884 Change Rate +0.14877% Assessed CR Tax Rate +0.015641%
Year 2017 Assessed Value $337,400 Land Value Improvement Value $337,400 Tax Amount $5,122 Change Rate +0.017077% Assessed CR Tax Rate +0.015181%
Year 2016 Assessed Value $339,800 Land Value Improvement Value $339,800 Tax Amount $5,036 Change Rate +0.097885% Assessed CR Tax Rate +0.01482%
Year 2015 Assessed Value $306,400 Land Value Improvement Value $306,400 Tax Amount $4,587 Change Rate Assessed CR Tax Rate +0.014971%