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16 Balmoral St # 320, Andover MA 01810

Andover, MA 01810
$285,000
Est. $2,321/month
1
Beds
1
Baths
736
Sq Ft
$387
Price/Sq Ft
1925
Year Built
32
Days on Market
Closed Listed Aug 21, 2024 • MLS# 73280488 Copied!

About this home

Talk about making a statement! The Balmoral, built by the American Woolen Company in 1925, exudes elegance from the grand marble staircase in the main entryway to the magnificent ballroom. This charming 1-bedroom, 736 sf condo reflects these historic roots with high ceilings and extra-large windows - think tons of natural light – yet lives well in the present with an open floor plan, freshly painted, new flooring throughout, & a white galley kitchen with lots of cabinet space. In addition to convenient elevator access, your new home has extra storage & laundry facilities in the basement plus lovely outdoor space by the Shawsheen River. The condo fee includes heat, hot water & water/sewer plus the building is pet friendly. Includes 1 deeded parking space plus street parking for guests. You are close to highways, the Commuter Rail & Andover center with lots of great restaurants & boutique shopping. Bottom line: you will love the amenities, but, most of all, this is a cool place to live

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $285,000
Difference: $14,900 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $407
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

The property spent 32 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
$387/sq ft
Area Average
$321/sq ft
Difference
+20.6%

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 736 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water
Cooling None
Flooring Laminate
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features Closet, Entry Hall

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Assigned, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,579
Assessed Value $277,900

Interior Features

Flooring: Laminate
Appliances: Range, Refrigerator
Interior Features: Closet, Entry Hall
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1925
Effective Year (Renovated): 1981
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Deeded

Location

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Neighborhood

16 Balmoral St # 320, 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 $298
Homeowners Insurance $200
HOA Fee $382/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

5%
Price Range
131
Total Days on Market

Property Timeline

Sold
Sep 30, 2024
$285,000
Property sold
Days on Market: 131
🏠
Listed for Sale
Aug 21, 2024
$299,900
Original listing
Agent: Nancy Peterson Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Aug 21, 2024 New Listing Added $299,900

Market Statistics

Days on Market
32 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2024 $3,579 $277,900

Financial Details

Annual Property Tax
$3,579
Tax Year 2024
HOA Fee
$382
Monthly
Assessed Value
$277,900

Listing Information

Listing Agent Nancy Peterson
Listing Office J. Barrett & Company
Agent MLS ID CN230395
Office MLS ID AC2087
Listing Data Updated Sep 30, 2024 4:31 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 St # 320, Andover MA 01810 - Photo 1 16 Balmoral St # 320, Andover MA 01810 - Photo 2 16 Balmoral St # 320, Andover MA 01810 - Photo 3 16 Balmoral St # 320, Andover MA 01810 - Photo 4 16 Balmoral St # 320, Andover MA 01810 - Photo 5 16 Balmoral St # 320, Andover MA 01810 - Photo 6 16 Balmoral St # 320, Andover MA 01810 - Photo 7 16 Balmoral St # 320, Andover MA 01810 - Photo 8 16 Balmoral St # 320, Andover MA 01810 - Photo 9 16 Balmoral St # 320, Andover MA 01810 - Photo 10 16 Balmoral St # 320, Andover MA 01810 - Photo 11 16 Balmoral St # 320, Andover MA 01810 - Photo 12 16 Balmoral St # 320, Andover MA 01810 - Photo 13 16 Balmoral St # 320, Andover MA 01810 - Photo 14 16 Balmoral St # 320, Andover MA 01810 - Photo 15 16 Balmoral St # 320, Andover MA 01810 - Photo 16 16 Balmoral St # 320, Andover MA 01810 - Photo 17 16 Balmoral St # 320, Andover MA 01810 - Photo 18 16 Balmoral St # 320, Andover MA 01810 - Photo 19 16 Balmoral St # 320, Andover MA 01810 - Photo 20 16 Balmoral St # 320, Andover MA 01810 - Photo 21 16 Balmoral St # 320, Andover MA 01810 - Photo 22 16 Balmoral St # 320, Andover MA 01810 - Photo 23 16 Balmoral St # 320, Andover MA 01810 - Photo 24 16 Balmoral St # 320, Andover MA 01810 - Photo 25 16 Balmoral St # 320, Andover MA 01810 - Photo 26 16 Balmoral St # 320, Andover MA 01810 - Photo 27 16 Balmoral St # 320, Andover MA 01810 - Photo 28
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