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5 Colonial Drive # 2, Andover MA 01810

Andover, MA 01810 • South Andover
$250,000
Est. $1,331/month
1
Beds
1
Baths
688
Sq Ft
$363
Price/Sq Ft
1969
Year Built
Condominium
Type
101
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73324717

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.

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.

Facts & Features

Property Overview

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

Interior Features

Flooring
Tile, Laminate
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Laundry Features
In Building
Basement Details
N

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Assigned, Deeded, Guest, Exclusive Parking

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
HOA Fee
$506
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Tennis Court(s), Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,655
Tax Year
2024
Tax Assessed Value
$206,100
Parcel Number
1840929
Zoning
APT

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Colonial Drive Condominiums
Common Walls
No One Below
Disclosures
Floorplan attached. Buyer/Buyers agent due diligence. Parking Spot #157 dedicated for unit. Guest parking across from basketball court. Some photos virtually staged.

Location

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Neighborhood

South Andover

5 Colonial Drive # 2, Andover MA 01810

Andover, MA 01810

Walkability

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Schools

Elementary School
South
Rating information coming soon
Middle School
Doherty
Rating information coming soon
High School
Andover High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $221
Homeowners Insurance $200
HOA Fee $506
PMI $0

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

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