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5 Colonial Drive # 2, Andover MA 01810

Andover, MA 01810 • South Andover
$250,000
Est. $2,191/month
1
Beds
1
Baths
688
Sq Ft
$363
Price/Sq Ft
1969
Year Built
101
Days on Market
Closed Listed Jan 9, 2025 • MLS# 73324717 Copied!

About this home

Presenting a nicely maintained unit at the Colonial Drive Condominiums. The kitchen is equipped with stainless steel appliances, newer cabinetry, and granite countertops, catering to culinary enthusiasts. Open-concept dining and living room area is designed for seamless entertaining. The unit includes a spacious bedroom with a ceiling fan and updated windows. The bathroom is appointed with a granite vanity and tile flooring. Heat and hot water included with condo fees. One deeded parking spot + guest parking lot. Conveniently, laundry and storage facilities are located just across the hallway. The complex offers a range of premium amenities, including tennis courts, a basketball court, and a swimming pool. Situated in a prime location with easy access to Highways 93 and 125, and in close proximity to downtown Andover's shopping, dining, and Phillips Andover.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1969
Bedrooms
1
Full Bathrooms
1
Living Area
688 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $259,900
Final Sale Price: $250,000
Difference: $9,900 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
101
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $378
Sale $/sq ft: $363
This property sold for $363 per square foot
Sale Summary

This property sold for 3.8% below the original asking price.

At 101 days on market, this property took longer than average to sell.

Nearby Sales Comparison

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

This Property
$363/sq ft
Area Average
$383/sq ft
Difference
5.2%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1969
Living Area 688 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

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

Parking

Features Assigned, Deeded, Guest, Exclusive Parking
Total Spaces 1

Utilities

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

Financial

Annual Tax $2,655
Assessed Value $206,100

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1969
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
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, Guest, Exclusive Parking

Location

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Neighborhood

South Andover

5 Colonial Drive # 2, 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 $221
Homeowners Insurance $200
HOA Fee $506/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

3.8%
Price Range
102
Total Days on Market

Property Timeline

Sold
May 21, 2025
$250,000
Property sold
Days on Market: 102
🏠
Listed for Sale
Jan 9, 2025
$259,900
Original listing
Agent: The Lush Group Office: Compass

Price & Status History

Date Event Price Change
Jan 9, 2025 New Listing Added $259,900

Market Statistics

Days on Market
101 days
Price per Sq Ft
$363

Tax History

Year Taxes Assessment
2024 $2,655 $206,100

Financial Details

Annual Property Tax
$2,655
Tax Year 2024
HOA Fee
$506
Monthly
Assessed Value
$206,100

Listing Information

Listing Agent The Lush Group
Listing Office Compass
Agent MLS ID TM326407
Office MLS ID AN7000
Listing Data Updated May 21, 2025 8:00 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

5 Colonial Drive # 2, Andover MA 01810 - Photo 1 5 Colonial Drive # 2, Andover MA 01810 - Photo 2 5 Colonial Drive # 2, Andover MA 01810 - Photo 3 5 Colonial Drive # 2, Andover MA 01810 - Photo 4 5 Colonial Drive # 2, Andover MA 01810 - Photo 5 5 Colonial Drive # 2, Andover MA 01810 - Photo 6 5 Colonial Drive # 2, Andover MA 01810 - Photo 7 5 Colonial Drive # 2, Andover MA 01810 - Photo 8 5 Colonial Drive # 2, Andover MA 01810 - Photo 9 5 Colonial Drive # 2, Andover MA 01810 - Photo 10 5 Colonial Drive # 2, Andover MA 01810 - Photo 11 5 Colonial Drive # 2, Andover MA 01810 - Photo 12 5 Colonial Drive # 2, Andover MA 01810 - Photo 13 5 Colonial Drive # 2, Andover MA 01810 - Photo 14 5 Colonial Drive # 2, Andover MA 01810 - Photo 15 5 Colonial Drive # 2, Andover MA 01810 - Photo 16 5 Colonial Drive # 2, Andover MA 01810 - Photo 17
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