- Assessed Value: $430,100
- Assessed Year: 2025
- Assessed County: Essex
- APN: ANDO M:00093 B:00004 L:00043
- Tax Amount: 5372
- Tax Year: 2025
- Market Value: 483455
- Market Year: 2025
5 Michael Way; Andover, MA Property Details
Off market
5 Michael Way Andover, MA 01810
$430,100 Estimated Value
2 Beds
1.5 Baths
1,176 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $225,000
- Open Loans / Balance: 1 / $121,182
- Est. Equity / %: $538,818 / 81.64%
- Inv. Liens / Amount: 1 / $1,291
- Gross Yield: 6.282%
- APN: ANDO M:00093 B:00004 L:00043
- Situs County: Essex
- Length Of Ownership: 14 years, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- 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: 1,176/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: $191.33
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
- Heating: Forced air unit
HOA
- H O A One Type: Condo Owner Association
Ownership Info
5 Michael Way has no associated ownership info
5 Michael Way has no associated ownership info.
Taxes
5 Michael Way has 8 associated Taxes items
5 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 $430,100. The APN we've located for 5 Michael Way is ANDO M:00093 B:00004 L:00043.
Unlock the full reportTaxes
Tax History
5 Michael Way has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $430,100 | Land Value | Improvement Value $430,100 | Tax Amount $5,372 | Change Rate +0.130947% | Assessed CR | Tax Rate +0.01249% |
| Year 2024 | Assessed Value $368,800 | Land Value | Improvement Value $368,800 | Tax Amount $4,750 | Change Rate +0.034408% | Assessed CR | Tax Rate +0.01288% |
| Year 2023 | Assessed Value $336,200 | Land Value | Improvement Value $336,200 | Tax Amount $4,592 | Change Rate +0.065429% | Assessed CR | Tax Rate +0.013659% |
| Year 2022 | Assessed Value $295,200 | Land Value | Improvement Value $295,200 | Tax Amount $4,310 | Change Rate -0.017104% | Assessed CR | Tax Rate +0.0146% |
| Year 2021 | Assessed Value $286,800 | Land Value | Improvement Value $286,800 | Tax Amount $4,385 | Change Rate +0.039592% | Assessed CR | Tax Rate +0.015289% |
| Year 2020 | Assessed Value $281,000 | Land Value | Improvement Value $281,000 | Tax Amount $4,218 | Change Rate -0.005658% | Assessed CR | Tax Rate +0.015011% |
| Year 2019 | Assessed Value $277,800 | Land Value | Improvement Value $277,800 | Tax Amount $4,242 | Change Rate -0.021453% | Assessed CR | Tax Rate +0.01527% |
| Year 2018 | Assessed Value $277,200 | Land Value | Improvement Value $277,200 | Tax Amount $4,335 | Change Rate +0.032389% | Assessed CR | Tax Rate +0.015639% |
| Year 2017 | Assessed Value $276,600 | Land Value | Improvement Value $276,600 | Tax Amount $4,199 | Change Rate +0.015969% | Assessed CR | Tax Rate +0.015181% |
| Year 2016 | Assessed Value $278,900 | Land Value | Improvement Value $278,900 | Tax Amount $4,133 | Change Rate +0.097451% | Assessed CR | Tax Rate +0.014819% |
| Year 2015 | Assessed Value $251,600 | Land Value | Improvement Value $251,600 | Tax Amount $3,766 | Change Rate | Assessed CR | Tax Rate +0.014968% |