16 Balmoral St # 320, Andover MA 01810

Andover, MA 01810
$285,000
1
Beds
1
Baths
736
Sq Ft
$387
Price/Sq Ft
1925
Year Built
1
Parking
32
Days on Market
Sold Listed Aug 21, 2024 • MLS# 73280488 Copied! • Updated Sep 30, 2024

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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 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$387/sq ft
Area Median
$180/sq ft
Difference
+115.1%

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

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

BMN Estimate

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Recently Sold Nearby

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

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

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
Features Assigned, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,579
Assessed Value $277,900

HOA & Community

HOA Fee $382 Monthly
Fee Includes Heat, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Laundry, Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures No Smoking Building. Dishwasher Is Not Working.
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 320
Sq Ft Source Public Record
Sq Ft Disclosures No smoking in unit or on property, seller has never lived in unit,
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 33 days

Property Overview

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

Floor Layout

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

16 Balmoral St # 320, Andover MA 01810

Andover, MA 01810

Listing Information

Listing Agent Nancy Peterson
Listing Office J. Barrett & Company
Office Phone 978-922-3683
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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