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16 Balmoral Street # 304, Andover MA 01810

Andover, MA 01810
$350,000
Est. $2,748/month
1
Beds
1
Baths
682
Sq Ft
$513
Price/Sq Ft
1925
Year Built
41
Days on Market
Closed Listed Apr 25, 2024 • MLS# 73228824 Copied!

About this home

Exceptional 3rd floor Condo in the iconic Balmoral building where historical charm & elegance perfectly intertwine with modern living. Conveniently located close to the highway, downtown Andover, parks, playgrounds, shopping, commuter rail and much more. This breathtaking home has gorgeous views of the Shawsheen park filled with lush trees as far as one can see & an abundance of natural light flowing through tall windows creating a warm & inviting atmosphere. This Dog-friendly home boasts graceful high ceilings, open concept living/dining space, hardwood floors, 1 spacious bedroom, 1 bathroom, fully applianced kitchen w/ stainless steel appliances, contemporary overhead lighting, wooden countertops, and a peninsula. Home comes with dedicated storage space, in-unit laundry, additional coin-operated laundry facilities and a deeded parking spot. Don't miss the chance to make this historic condo your home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1925
Bedrooms
1
Full Bathrooms
1
Living Area
682 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $355,000
Final Sale Price: $350,000
Difference: $5,000 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $513
This property sold for $513 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

The property spent 41 days on market before selling.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$513/sq ft
Area Average
$321/sq ft
Difference
+59.8%

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 1925
Living Area 682 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Energy Star Qualified Dryer
Fireplace None
Basement N
Laundry Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Shingle, Rubber
Features City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,404
Assessed Value $249,200

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, ENERGY STAR Qualified Dryer
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1925
Structure Type: Mid-Rise
Exterior Materials: Brick, Stone
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

16 Balmoral Street # 304, Andover MA 01810

Andover, MA 01810

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $284
Homeowners Insurance $200
HOA Fee $495/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

1.4%
Price Range
42
Total Days on Market

Property Timeline

Sold
Jun 27, 2024
$350,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Apr 25, 2024
$355,000
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties

Price & Status History

Date Event Price Change
Apr 25, 2024 New Listing Added $355,000

Market Statistics

Days on Market
41 days
Price per Sq Ft
$513

Tax History

Year Taxes Assessment
2023 $3,404 $249,200

Financial Details

Annual Property Tax
$3,404
Tax Year 2023
HOA Fee
$495
Monthly
Assessed Value
$249,200

Listing Information

Listing Agent Team Lillian Montalto
Listing Office Lillian Montalto Signature Properties
Agent MLS ID TM338007
Office MLS ID G62122
Listing Data Updated Jun 27, 2024 3:50 PM EDT
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 Andover, MA

Real-time market trends and pricing data for this area

16 Balmoral Street # 304, Andover MA 01810 - Photo 1 16 Balmoral Street # 304, Andover MA 01810 - Photo 2 16 Balmoral Street # 304, Andover MA 01810 - Photo 3
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