107 Salem Street Andover, MA

107 Salem St. This Andover home is the essence of luxury in a desirable location with magnificent landscaping. Come see this five bedroom, seven bathroom home graced with elegance, sophistication and detail. This custom built colonial is also located in the  prestigious Philips Academy neighborhood, where you can look forward to seeing significant property appreciation.

Step inside, and you’re welcomed by the grand foyer which leads you to a gracious living room. Your beautiful kitchen has Viking appliances and an open floor plan that complements the dramatic living space. Each bedroom is generous in size with its own bathroom. There’s a Breurer heating system, intricate moldings throughout, and a master suite on each floor. This Andover home is one of the finest in town, and it is priced to sell just below $1.5 million. Come see it for yourself, and get ready to enjoy the good life in beautiful Andover!

If you’re interested in exploring properties in Andover or elsewhere in MA, contact your local expert Susan Rochwarg at (978) 203-5273 to get started today!

Read current Andover homes news or browse current properties on the market on our Andover MA real estate search.

107 Salem Street, Andover, MA 01810 (MLS # 71342253)

(all data current as of 5/20/2012)
Price $1,398,000
Beds 5
Baths 6 full, 1 half
Home size 5,668 sq ft
Lot Size 40,928 sq ft

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

This IDX solution is (c) Diverse Solutions 2012.

Listing provided by Navid Nickpour, Coldwell Banker Residential Brokerage - Andover

(view all details for MLS #71342253)

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Andover Mortgage Market

Andover Mortgage Market

Andover Mortgage Market

Right now, homebuyers and homeowners can get a mortgage at the lowest rates in recorded financial history. The 30-year-fixed rate dropped from 3.98% to 3.87%, and the 15-year-fixed rate fell to a record 3.14%. This is an excellent opportunity for struggling homeowners to refinance or first time hombuyers to get an incredible rate on a mortgage. Credit standards are still tough, so consider your financial portfolio and consolidate any outstanding debt.

The low rates have already seen a slight improvement in the housing market, including a slight rise in home prices. With the national economy nearly at bottom, the market is ripe for investing small and appreciating big. Homes in Andover are always a smart investment, and with rates this low, you can get in for less!

If you’re interested in exploring properties in Andover or elsewhere in MA, contact your local expert Susan Rochwarg at (978) 203-5273 to get started today!

Read current Andover MA real estate news or browse current properties on the market on our Andover listing search.

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Andover Market Update

Andover Market Update

Andover Market Update

Now is a great time to get a terrific deal on an undervalued piece of Andover real estate. In the past year, median sales prices fell 7.4% to $458,500. For that price, you can find a totally renovated three bedroom, two and a half bathroom home in a great part of town. Home sales have fallen over 35% in the past year, and buyers can take advantage of anxious sellers to get a good discount on a home. Also, scour the market for foreclosure and short sale properties – these are often great value homes that will save you a lot of money.

When you’re negotiating, if sellers are unwilling to budge on price, ask about the extras like closing costs, furniture or home warranties. This is a buyer’s market and sellers know that. You can walk away with a steal of a deal and then laugh your way to the bank in a few years once your new home begins appreciating. Shop the market now before prices head up!

If you’re interested in exploring properties in Andover or elsewhere in MA, contact your local expert Susan Rochwarg at (978) 203-5273 to get started today!

Read current Andover MA homes news or browse current properties on the market on our Andover listing search.

Continue Reading »