Sophisticated downtown living in one of Andover’s most coveted locations. Welcome to 40 Chestnut Street, Unit 3, a beautifully renovated residence where thoughtful updates, character, and effortless convenience come together. Freshly painted interiors are enhanced by skylights and recessed lighting, creating a bright, polished atmosphere throughout. The newly renovated kitchen offers a fresh, modern aesthetic, complemented by an upgraded bath and custom closet. A new AC split system and hot water heater add comfort and peace of mind. Enjoy the rare conveniences of in-unit laundry, additional basement storage, and two off-street parking spaces. Outside, unwind on the balcony overlooking the park or enjoy the property’s common outdoor space. Pet friendly and perfectly positioned just moments from downtown Andover’s acclaimed restaurants, cafés, boutiques, commuter rail, and vibrant town center. Offered at $499,000, this is a rare opportunity to enjoy an elevated, low-maintenance lifestyle in the heart of Andover....Offers Due Tuesday Sept 8th @ 2pm
CondoProperty Type
1910Year Built
$400Price/Sq.Ft.
$287/moHOA Dues
2 spacesParking
Listed by Team Lillian Montalto• Lillian Montalto Signature Properties
Listed by Nicole Antonopoulos• Lillian Montalto Signature Properties
Median sale price in this area is $434,142. (13% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Skylight
Cathedral ceilings
Balcony / deck off living area
Recessed lighting
Crown molding
Open floorplan
Remodeled
Closets with custom built cabinets
Total of 4 rooms
Bedrooms
Primary bedroom on third level with ceiling fan(s), walk-in closet, custom built closet/cabinets, hardwood flooring
Second bedroom on third level with closet, custom built closet/cabinets, hardwood flooring
Bathrooms
One full bathroom on third level with tub and shower, stone/ceramic tile flooring
Kitchen
Hardwood flooring
Pantry
Stone/granite/solid countertops
Stainless steel appliances
Remodeled kitchen
Recessed lighting
Laundry & utility
In-unit laundry (washer and dryer included)
Flooring
Hardwood throughout primary living areas
Stone/ceramic tile in bathroom
Heating & cooling
Baseboard heating (natural gas)
Ductless cooling
Exterior features
Porch
Vinyl deck
Home design
Condominium
Garden-style building
Entry on third level
No one above (no unit above)
Parking
Two off-street open parking spaces
Construction
Frame construction
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric: 110 volts
Electric range connection available
HOA & community
Monthly association fee of $287 covering water, sewer, insurance, building and grounds maintenance, and snow removal
Pets allowed
Community amenities include public transportation, shopping, parks, walk/jog trails, medical facility, laundromat, highway access, house of worship, private and public schools, and T-Station
Electricity and solar
View estimated energy costs and solar savings for this home
A dream location and lifestyle. Directly overlooking the town park, this centrally located Victorian home is just a short walk from restaurants, town library, post office, banks, Doherty Middle School, Phillips Academy, commuter rail and direct bus to Boston. Welcome to this beautiful home! Surrounded by gorgeous treetop views this home features high cathedral ceilings, skylights, a cozy reading nook and a balcony. This sun-splashed top floor 6room/2-3bedroom condo is simply a delightful retreat with all the comforts of modern living. Amenities include in-unit washer/dryer, granite kitchen counters, Bosch refrigerator and dishwasher, new gas boiler, maple floors and insulated windows throughout, 2-car parking spaces, another washer/dryer and a plenty of designated storage area in the basement. There is a spacious backyard to relax and enjoy gardening and gatherings. A charming, comfortable and convenient dream home awaits you.
MLS PIN #71662243
Jul 1, 2014
Sold
$265,000
$213/sq ft
May 23, 2014
Contingent
—
Apr 17, 2014
Listed
$259,900
$208/sq ft
+17
Experience the thrill and convenience of Andover's in-town lifestyle! Enjoy views of the changing seasons of Central Park. Shops, T-Stop, library, restaurants, schools and churches are just steps away! This south facing, sunny penthouse unit features both cathedral ceilings and skylights. The open, loft style floor plan offers fabulous living room with fireplace and exterior balcony. Create your dining room and office spaces within the large, dormered alcoves overlooking the park. Step down into your spacious kitchen which offers extra large eating area and access to the rear mudroom with walk-in storage. The full basement houses your own laundry hook-ups and an extra spot for storage. Two assigned, off-street parking spaces are also included with this picture perfect penthouse.
MLS PIN #70038651
Nov 5, 2004
Sold
$285,000
$229/sq ft
Oct 9, 2004
Listing Removed
—
May 21, 2004
Listed
$289,000
$232/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,576 (+1.1%)
$408,200
2022
$5,514 (−3.1%)
$377,700
2021
$5,692 (+9.9%)
$372,300
2020
$5,180 (+2.6%)
$345,100
2019
$5,050 (+5.2%)
$330,700
2018
$4,801 (+7.5%)
$307,000
2017
$4,466 (+4.4%)
$294,200
2016
$4,277 (+5.7%)
$288,600
2015
$4,048 (+6.2%)
$270,400
2014
$3,813 (+4.6%)
$251,200
2013
$3,645 (−1.4%)
$251,200
2012
$3,696 (+5.0%)
$261,200
2011
$3,520 (−1.2%)
$249,300
2010
$3,561 (+8.5%)
$270,000
2009
$3,283
$270,000
Public record
Beds
1
Baths
1
Stories
3
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,247
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,247
Year built
1910
Style
Condo/Co-op
County
Essex County
APN
4622712
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Historical weather
Andover, MA • 01810
Average low and high temperatures (°F)
33
17
36
19
50
31
60
39
69
50
81
60
85
65
81
59
75
55
64
44
52
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 40 Chestnut St #3
$504,258
$5,258 over list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $463K to $550K.