40 Chestnut St
Andover, MA 01810
2 bd 2 ba 1,143 sqft Built 1910 condos
Most recent sale
$450,000
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 2, 2024 | Listing removed | $3,200 | MLSPIN |
| May 21, 2024 | Price changed for rent | $3,200 | MLSPIN |
| May 8, 2024 | Listed for rent | $3,500 | MLSPIN |
| Nov 12, 2021 | Sold | $450,000 | MLS #72884697 |
| Aug 21, 2021 | Listed | $464,900 | MLS #72884697 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $591,800 | — | $591,800 | $7,392 |
| 2023 | $452,200 | — | $452,200 | $6,177 |
| 2022 | $418,500 | — | $418,500 | $6,110 |
| 2021 | $412,500 | — | $412,500 | $6,307 |
| 2020 | $382,500 | — | $382,500 | $5,741 |
| 2019 | $366,600 | — | $366,600 | $5,598 |
| 2018 | $340,400 | — | $340,400 | $5,324 |
| 2017 | $326,300 | — | $326,300 | $4,953 |
| 2016 | $320,100 | — | $320,100 | $4,744 |
| 2015 | $300,000 | — | $300,000 | $4,491 |
| 2014 | $278,800 | — | $278,800 | $4,232 |
| 2006 | $308,100 | — | $308,100 | $3,512 |
Property facts
Year built
1910
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,143 sqft
Lot size
—
ZIP code
01810
City
Andover
Street
Chestnut St
Coordinates
42.65637, -71.13756
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,315
Gross rental yield
8.84%
Implied cap rate
5.75%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Chestnut St last sell?
40 Chestnut St most recently sold on Nov 12, 2021 for $450,000.
What is the current tax assessment for 40 Chestnut St?
The most recent total assessment for 40 Chestnut St (year 2025) is $591,800 with $7,392 in property tax.
How does 40 Chestnut St's assessment compare to its last sale price?
The current assessment is 31.5% above the last sale price of $450,000.
When was 40 Chestnut St built?
40 Chestnut St was built in 1910.
How does 40 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 40 Chestnut St?
40 Chestnut St is a 2 bed, 2 bath, 1,143 sqft condos.
Is 40 Chestnut St a flip candidate?
No — 40 Chestnut St does not appear in our flips dataset.
Is 40 Chestnut St a tax-appeal candidate?
Yes — 40 Chestnut St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.5%
Implied 1-yr
+29.8%
2026 Q3
$1.84M
2026 Q4
$1.9M
ZIP 01810 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut St