|
Presented by
The Lucci Witte Team |
A distinguished landmark home in one of Andover’s coveted Bancroft/Phillips Academy neighborhoods, this historic 14-room residence was once owned by the prominent Abbot family and offers a rare opportunity to own a true piece of Andover history. Rich in character and architectural beauty, the home features 5 bedrooms, 3. 5 baths, high ceilings, wide pine floors, and 9 fireplaces. Thoughtful additions in the 1940s and 1970s expanded the home for modern living with a spacious family room, kitchen, foyer and living room, while preserving the warmth and integrity of the original residence. Some recent updates include the kitchen, pantry/laundry and new flooring in foyer. A home gym in lower level, stunning bluestone patio overlooking a sweeping yard w/ perennials, stone wall, fire pit, koi pond and storage shed add to the appeal. Close to downtown Andover, Phillips Academy, Pike School, shops, restaurants, and commuter train this is an exceptional property with history and enduring presence.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Closet, Flooring - Wood | 13.0 x 14.0 | Second |
| Bedroom 3 | Fireplace, Closet, Flooring - Wood | 13.0 x 14.0 | Second |
| Bedroom 4 | Closet, Flooring - Wood | 10.0 x 11.0 | Second |
| Dining Room | Closet/Cabinets - Custom Built, Flooring - Wood | 13.0 x 13.0 | Main,First |
| Kitchen | Skylight, Vaulted Ceiling(s), Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove | Main,First | |
| Living Room | Flooring - Wood, Window(s) - Picture, Exterior Access, Decorative Molding | 17.0 x 26.0 | Main,First |
| Master Bedroom | Bathroom - Full, Flooring - Wood | 16.0 x 17.0 | Second |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,735,000
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,388,000 | $1,388,000 | $1,388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,715 | $1,715 | $1,715 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,772 | $8,434 | $11,619 |
| Total Monthly Payment | $9,612 | $10,274 | $13,459 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.