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5 Colonial Drive # 2, Andover MA 01810

Andover, MA 01810 • South Andover
$250,000
1
Beds
1
Baths
688
Sq Ft
$363
Price/Sq Ft
1969
Year Built
1
Parking
101
Days on Market
Closed Listed Jan 9, 2025 • MLS# 73324717 Copied! • Updated May 21, 2025

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
$150/sq ft
Difference
+141.2%

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

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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Recently Sold Nearby

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

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

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
Features Assigned, Deeded, Guest, Exclusive Parking
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $2,655
Assessed Value $206,100

HOA & Community

HOA Fee $506 Monthly
Fee Includes Heat, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Tennis Court(s), Storage
Optional Fee Includes None
Seller Disclosures Floorplan Attached. Buyer/buyers Agent Due Diligence. Parking Spot #157 Dedicated For Unit. Guest Parking Across From Basketball Court. Some Photos Virtually Staged.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Essex
Total market time (incl. prior listings) 102 days

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

Room Details

First Floor

Bathroom1
7 x 4
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Master Bedroom
11 x 11
Ceiling Fan(s), Closet, Flooring - Laminate, Window(s) - Bay/Bow/Box

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Main,First Floor

Dining Room
7 x 9
Flooring - Laminate, Open Floorplan
Kitchen
7 x 10
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances
Living Room
17 x 12
Ceiling Fan(s), Flooring - Laminate, Window(s) - Bay/Bow/Box, Open Floorplan

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
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
Andover School of Montessori
1.3 mi
Grades PK-08
The Pike School Inc
2.1 mi
Grades PK-09
A+
South Elementary School
2.2 mi | #58 of 824 | Score: 61.7
Dropped 8 spots from last year
+3.5 above state avg
438 students Diverse
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A+
North Reading Middle School
2.5 mi | #34 of 352 | Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students Less Diverse
Strong Attendance
Grades 06-08
A
Doherty Middle School
3.6 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
A
Andover West Middle School
4.2 mi | #49 of 352 | Score: 57.0
Dropped 33 spots from last year
-1.2 below state avg
508 students Diverse
Grades 06-08
H

High Schools

3 schools
A+
North Reading High School
2.5 mi | #33 of 346 | Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students Less Diverse
21 sports • 1,615 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Phillips Academy
3.4 mi
Grades 09-12
A-
Wilmington High School
4.0 mi | #74 of 346 | Score: 63.2
Dropped 37 spots from last year
+5 above state avg
619 students Moderate
17 sports • 1,648 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

South Andover

5 Colonial Drive # 2, Andover MA 01810

Andover, MA 01810

Listing Information

Listing Agent The Lush Group
Listing Office Compass
Office Phone 978-248-8081
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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