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550 Minuteman Rd; Andover, MA Property Details

550 Minuteman Rd, Andover, MA is a Motel that was built in 2000. This property is currently a cash purchase and is not for sale. Our records show that 550 Minuteman Rd has 20 bedrooms, and 80 bathrooms, and a total of 83,992 square feet. The lot size of 550 Minuteman Rd is 900,301 square feet.

Off market
550 Minuteman Rd Andover, MA 01810
$6,415,900 Estimated Value
20 Beds
80 Baths
83,992 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2000
  • Purchase Price: $4,670,200
  • APN: ANDO M:00165 B:00004 L:000B2
  • Situs County: Essex
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 20
  • Bathrooms: 80
  • Full Bathrooms: 20
  • Total Rooms: 13

Structure

  • Building Style: Frame
  • Stories: 4
  • Exterior Wall Type: Stucco
  • Building Condition: Good
  • Roof Type: Flat
  • Roof Cover Type: Other

Measurements

  • Total: 83,992/SqFt
  • Lot: 900,301/SqFt
  • Gross: 84,252/SqFt
  • Living: 83,992/SqFt
  • Building: 83,992/SqFt
  • Price Per Square Foot: $55.60
Building Insights

Land Information

  • Property Type: Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Andover School District
  • Lat / Lon: 42.697674 / -71.213135
  • Subdivision: 500 Minuteman Condo
  • Property Class: Commercial
  • Zoning: ID
  • County Use Code: 348

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 1044
  • Cooling: Yes
  • Heating: Hot Water

Ownership Info

550 Minuteman Rd has no associated ownership info
550 Minuteman Rd has no associated ownership info.

Taxes

550 Minuteman Rd has 6 associated Taxes items

550 Minuteman Rd, 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 $6,415,900. The APN we've located for 550 Minuteman Rd is ANDO M:00165 B:00004 L:000B2.

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Taxes
  • Assessed Value:  $6,415,900
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  ANDO M:00165 B:00004 L:000B2
  • Tax Amount:  155971
  • Tax Year:  2025

Tax History

550 Minuteman Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,415,900 Land Value Improvement Value $6,415,900 Tax Amount $155,971 Change Rate +0.012122% Assessed CR Tax Rate +0.02431%
Year 2024 Assessed Value $6,048,000 Land Value Improvement Value $6,048,000 Tax Amount $154,103 Change Rate -0.074373% Assessed CR Tax Rate +0.02548%
Year 2023 Assessed Value $6,093,900 Land Value Improvement Value $6,093,900 Tax Amount $166,485 Change Rate -0.075258% Assessed CR Tax Rate +0.02732%
Year 2022 Assessed Value $6,146,600 Land Value Improvement Value $6,146,600 Tax Amount $180,034 Change Rate -0.210741% Assessed CR Tax Rate +0.02929%
Year 2021 Assessed Value $8,120,500 Land Value Improvement Value $8,120,500 Tax Amount $228,105 Change Rate +0.316814% Assessed CR Tax Rate +0.02809%
Year 2020 Assessed Value $8,178,300 Land Value Improvement Value $8,178,300 Tax Amount $173,224.95 Change Rate -0.007041% Assessed CR Tax Rate +0.021181%
Year 2019 Assessed Value $6,313,200 Land Value Improvement Value $6,313,200 Tax Amount $174,453.33 Change Rate -0.005856% Assessed CR Tax Rate +0.027633%
Year 2018 Assessed Value $6,355,700 Land Value Improvement Value $6,355,700 Tax Amount $175,481 Change Rate +0.035158% Assessed CR Tax Rate +0.02761%
Year 2017 Assessed Value $6,406,700 Land Value Improvement Value $6,406,700 Tax Amount $169,521 Change Rate +0.011027% Assessed CR Tax Rate +0.02646%
Year 2016 Assessed Value $6,451,400 Land Value Improvement Value $6,451,400 Tax Amount $167,672 Change Rate +0.042496% Assessed CR Tax Rate +0.02599%
Year 2015 Assessed Value $6,493,200 Land Value Improvement Value $6,493,200 Tax Amount $160,837 Change Rate Assessed CR Tax Rate +0.02477%