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16 Balmoral St # 415, Andover MA 01810

Andover, MA 01810
$287,500
1
Beds
1
Baths
566
Sq Ft
$508
Price/Sq Ft
1925
Year Built
1
Parking
42
Days on Market
Closed Listed Oct 10, 2024 • MLS# 73301147 Copied! • Updated Dec 20, 2024

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $287,500
Difference: $12,400 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $530
Sale $/sq ft: $508
This property sold for $508 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

The property spent 42 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$508/sq ft
Area Average
$78/sq ft
Difference
+550.7%

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

About this home

OPEN HOUSE CANCELLED..............................................WORRIED ABOUT A FUTURE SPECIAL ASSESSMENT, DON'T WORRY AS WE HAVE YOU COVERED!! Exceptional Penthouse, 4th 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 condo has gorgeous views & an abundance of natural light flowing through tall windows creating a warm & inviting atmosphere. This Pet-friendly unit boasts graceful high ceilings, open concept living/dining space, hardwood floors, 1 spacious bedroom, 1 bathroom, fully applianced kitchen w/ stainless steel appliances and granite countertops. This unit comes with dedicated storage space, a deeded parking spot and has coin-operated laundry facilities. Don't miss the chance to make this your home!

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Recently Sold Nearby

Property History

Market Insights

25%
Price Range
43
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Dec 20, 2024
$287,500
Property sold
Days on Market: 43
🏠
Listed for Sale
Oct 10, 2024
$299,900
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties
Previous Transaction - MLS #72651444
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 29, 2020
$225,000
MLS #72651444

Tax History

Year Taxes Assessment
2024 $3,176 $246,600

Financial Details

Annual Property Tax
$3,176
Tax Year 2024
HOA Fee
$382
Monthly
Assessed Value
$246,600

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1925
Living Area 566 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s), None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Shingle, Rubber
Features City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,176
Assessed Value $246,600

HOA & Community

HOA Fee $382 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures Buyer Responsible For Own Due Diligence. Deeded Parking Spot #41. Dedicated Storage Space (bin # 59) And Coin-operated Laundry In The Basement.
Exclusions See Inclusion/Exclusion List.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 415
Sq Ft Source Public Record
Sq Ft Disclosures Broker is not responsible for discrepancies in square footage.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (6)
County Essex
Total market time (incl. prior listings) 43 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1925
Bedrooms
1
Full Bathrooms
1
Living Area
566 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Room Details

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Fourth Floor Floor

Bathroom1
5 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink
Kitchen
9 x 9
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead
Living Room
15 x 14
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Wainscoting, Lighting - Overhead
Master Bedroom
15 x 10
Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Wainscoting

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
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: Window Unit(s), 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
School District
Andover School District local
A+
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.1% In-School
5.1% below state avg
E

Elementary Schools

3 schools
Saint Augustine School
1.3 mi
Grades PK-08
C
Robert Frost School
1.3 mi | #602 of 824 | Score: 40.8
Dropped 33 spots from last year
-17.4 below state avg
568 students Less Diverse
Grades K-04
Shawsheen School
1.4 mi
85 students Diverse
Grades PK
M

Middle Schools

3 schools
A
Andover West Middle School
1.0 mi | #49 of 352 | Score: 57.0
Dropped 33 spots from last year
-1.2 below state avg
508 students Diverse
Grades 06-08
C-
Frost Middle School
1.3 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
A
Doherty Middle School
1.4 mi | #41 of 352 | Score: 58.5
Improved 13 spots from last year
+0.3 above state avg
493 students Moderate
Strong Attendance
Grades 06-08
H

High Schools

3 schools
A+
Andover High School
1.1 mi | #24 of 346 | Score: 72.8
Improved 10 spots from last year
+14.6 above state avg
1,609 students Diverse
20 sports • 2,968 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Lawrence High School
1.3 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Phillips Academy
1.7 mi
Grades 09-12
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Location

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Neighborhood

16 Balmoral St # 415, Andover MA 01810

Andover, MA 01810

Listing Information

Listing Agent Team Lillian Montalto
Listing Office Lillian Montalto Signature Properties
Office Phone 978-475-1400
Agent MLS ID TM338007
Office MLS ID G62122
Listing Data Updated Dec 20, 2024 12:35 PM EST
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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