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50 Edgelawn Ave # 5, North Andover MA 01845

North Andover, MA 01845
$325,000
Est. $2,561/month
2
Beds
1
Baths
850
Sq Ft
$382
Price/Sq Ft
40.80
Acres
1967
Year Built
7
Days on Market
Closed Listed Oct 3, 2023 • MLS# 73166269 Copied!

About this home

Welcome home to this 2 bedroom at Heritage Green! This top floor corner unit is beautifully situated away from the main roadway along the rear tree lines. The quiet location is perfect to enjoy the birds all while enjoying an al fresco meal. The open concept eat in kitchen has wood cabinetry and two windows. The large living room has hardwood floors with a slider leading to your balcony for some outdoor time. The layout has two spacious bedrooms and large closets. The bathroom has a tub / shower & linen closet. Tired of high heating cost? The common area fee covers heat, hot water, water, sewer, master insurance, gas, snow removal & more. In building laundry & attic storage. Need a pet friendly complex? This is unit is for you! Dogs and cats are welcome! Tremendous selection of amenities: Pools, fitness room, community room; billiard table, tennis, basketball & playground. Ample owner and guest parking. Close to 495/93 and tax free NH!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1967
Bedrooms
2
Full Bathrooms
1
Living Area
850 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $300,000
Final Sale Price: $325,000
Difference: +$25,000 (+8.3%)
Performance Metrics
108.3%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $353
Sale $/sq ft: $382
This property sold for $382 per square foot
Sale Summary

This property sold for 8.3% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$382/sq ft
Area Average
$162/sq ft
Difference
+135.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1967
Living Area 850 sq ft
Lot Size 40.80 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Wood, Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry First Floor, Common Area, In Building
Features Central Vacuum

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street, Common, Guest
Total Spaces 99

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,770
Assessed Value $226,300

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Central Vacuum
Windows: Insulated Windows
Basement: N
Laundry: First Floor, Common Area, In Building
Security:

Construction & Materials

Year Built: 1967
Effective Year (Renovated): 1986
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 99
Parking Features: Off Street, Common, Guest

Location

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Neighborhood

50 Edgelawn Ave # 5, North Andover MA 01845

North Andover, MA 01845

Walkability

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Nearby Schools

School District
North Andover School District local
A-
🎓 Where Graduates Go Class of 2021
77% attend college
68% 4-Year 9% 2-Year 36% Out of State 4% Working
School Safety 2024-25
0.6% Low
0.6% Suspensions 0.1% In-School
4.9% below state avg
E

Elementary Schools

6 schools
St. Michael Elementary School
1.0 mi
Grades PK-08
C
Atkinson School
0.4 mi | #660 of 824 | Score: 38.0
Dropped 28 spots from last year
-20.2 below state avg
274 students Diverse
Diverse Student Body
Grades 01-05
Anne Bradstreet Early Childhood Center
0.5 mi
462 students Moderate
Grades PK-K
B+
Franklin School
0.8 mi | #324 of 824 | Score: 50.0
Dropped 42 spots from last year
-8.2 below state avg
383 students Moderate
Strong Attendance
Grades 01-05
B+
Annie L Sargent School
1.8 mi | #269 of 824 | Score: 51.9
Improved 6 spots from last year
-6.3 below state avg
441 students Moderate
Strong Attendance
Grades 01-05
Meritor Academy
2.1 mi
Grades PK
M

Middle Schools

1 school
A-
North Andover Middle School
0.6 mi | #86 of 352 | Score: 51.2
Improved 26 spots from last year
-7 below state avg
1,023 students Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
A
North Andover High School
1.2 mi | #54 of 346 | Score: 66.6
Improved 33 spots from last year
+8.4 above state avg
1,328 students Diverse
21 sports • 2,578 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
Brooks School
2.5 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $231
Homeowners Insurance $200
HOA Fee $487/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

7.7%
Price Range
9
Total Days on Market

Property Timeline

Sold
Dec 8, 2023
$325,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Oct 3, 2023
$300,000
Original listing
Agent: Lynne Rudnicki Office: Home Seller's Edge

Price & Status History

Date Event Price Change
Oct 3, 2023 New Listing Added $300,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$382

Tax History

Year Taxes Assessment
2023 $2,770 $226,300

Financial Details

Annual Property Tax
$2,770
Tax Year 2023
HOA Fee
$487
Monthly
Assessed Value
$226,300

Listing Information

Listing Agent Lynne Rudnicki
Listing Office Home Seller's Edge
Agent MLS ID G0002522
Office MLS ID NB4945
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for North Andover, MA

Real-time market trends and pricing data for this area

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