7 Commonwealth Ave
North Andover, MA 01845
8 bd 3 ba 3,272 sqft Built 1900 Lot 5,663 sqft multi_family
Most recent sale
$750,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $750,000 | MLS #72969332 |
| Apr 20, 2022 | Listed | $679,900 | MLS #72969332 |
| Oct 18, 2007 | Sold | $314,000 | Public Record |
| Jul 3, 2001 | Sold | $268,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $499,400 | $229,700 | $729,100 | $8,210 |
| 2024 | $484,000 | $228,000 | $712,000 | $7,896 |
| 2023 | $260,500 | $224,600 | $485,100 | $5,938 |
| 2022 | $229,700 | $204,200 | $433,900 | $5,871 |
| 2021 | $211,900 | $183,800 | $395,700 | $5,607 |
| 2020 | $211,900 | $175,300 | $387,200 | $5,320 |
| 2019 | $231,000 | $175,300 | $406,300 | $5,448 |
| 2018 | $231,000 | $175,300 | $406,300 | $5,904 |
| 2017 | $216,400 | $133,300 | $349,700 | $4,994 |
| 2016 | $202,600 | $155,300 | $357,900 | $5,107 |
| 2015 | $149,000 | $150,000 | $299,000 | $4,303 |
| 2014 | $118,500 | $146,700 | $265,200 | $3,822 |
| 2006 | $214,500 | $156,400 | $370,900 | $4,132 |
| 2005 | $203,500 | $144,800 | $348,300 | $4,012 |
| 2003 | $121,500 | $113,800 | $235,300 | $3,087 |
Property facts
Year built
1900
Property type
multi_family
Stories
3
Beds
8
Baths
3
Living area
3,272 sqft
Lot size
5,663 sqft
ZIP code
01845
City
North Andover
Street
Commonwealth Ave
Coordinates
42.69825, -71.14413
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
$4,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Commonwealth Ave last sell?
7 Commonwealth Ave most recently sold on May 26, 2022 for $750,000.
What is the current tax assessment for 7 Commonwealth Ave?
The most recent total assessment for 7 Commonwealth Ave (year 2025) is $729,100 with $8,210 in property tax.
How does 7 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $750,000.
When was 7 Commonwealth Ave built?
7 Commonwealth Ave was built in 1900.
How does 7 Commonwealth Ave compare to others on Commonwealth Ave?
We track 5 other properties on Commonwealth Ave. Browse the list under "Other properties on Commonwealth Ave" to compare beds, baths, and sale history.
What are the property facts for 7 Commonwealth Ave?
7 Commonwealth Ave is a 8 bed, 3 bath, 3,272 sqft, 5,663 sqft lot multi_family.
Is 7 Commonwealth Ave a flip candidate?
No — 7 Commonwealth Ave does not appear in our flips dataset.
Is 7 Commonwealth Ave a tax-appeal candidate?
No — 7 Commonwealth Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$591.6K
2026 Q4
$578.3K
ZIP 01845 — Median Price History + Forecast
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