Welcome to highly sought after Colonial Drive Condominiums. This 770 square foot condo is one of the larger one bedroom units located in this complex. Located at the top of the hill. Enjoy the open concept dining/large living room with sliders to one of the rare balcony's, this provides tons of natural light. The unit boosts new Luxury Vinyl Tile throughout and a brand new wall AC unit. The one bedroom is of generous size and has a MASSIVE walk in closet. Condo fee INCLUDES Heat, Hot Water, Water and Sewer!!! This is a middle floor unit. Assigned parking spot is #176 with ample visitor parking. Laundry and storage unit located inside building, bike sheds outside. Pet friendly complex with dog park, basketball, tennis and in-ground pool. Located right on the Andover/North Reading Line.
Sale Statistics
Sale Overview
Original List Price:$284,900
Final Sale Price:$301,000
Difference:
+$16,100 (+5.7%)
Performance Metrics
105.7%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$370
Sale $/sq ft:$391
This property sold for $391 per square foot
Sale Summary
This property sold for 5.7% above the original asking price, indicating strong buyer demand.
With only 2 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1973
Bedrooms
1
Full Bathrooms
1
Living Area
770 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Interior Features
Flooring
Vinyl
Heating
Baseboard
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Laundry Features
First Floor, In Building
Basement Details
N
Exterior & Structure
Construction Materials
Brick
Exterior Features
Balcony, Professional Landscaping, Tennis Court(s)
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Assigned, Deeded, Paved
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers
Security Features
Intercom
Energy Efficient Features
Thermostat
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station
HOA Fee
$625
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Tennis Court(s), Recreation Facilities
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,780
Tax Year
2024
Tax Assessed Value
$215,800
Parcel Number
1840785
Zoning
APT
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Colonial Drive Condominums
Common Walls
2+ Common Walls
Disclosures
Seller has never lived in the property. Unit will be delivered vacant and cleaned. Tenant will be all moved out on April 20. Special Assessment has already been paid by seller.
Location
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Neighborhood
20 Colonial Drive # 6, Andover MA 01810
Andover, MA 01810
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$232
Homeowners Insurance$200
HOA Fee$625
PMI$0
Property History
Market Insights
5.3%
Price Range
3
Total Days on Market
Property Timeline
✓
Sold
Apr 22, 2024
$301,000
Property sold
Days on Market: 3
🏠
Listed for Sale
Mar 1, 2024
$284,900
Original listing
Agent: Kelli GilbrideOffice: Foundation Brokerage Group
