NOT LISTED FOR SALE

1 Colonial Dr Unit 5E Andover, MA 01810

Estimated Value: $188,000 - $202,000

-- Bed
1 Bath
480 Sq Ft
1969 Built

Last Sold September 25, 2020

Last sale price $149,000 $310 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,245/month

3 Days on Market

About This Home

As of September 2020

OPEN HOUSE CANCELLED!! Perfectly Located Studio Condo at Colonial Drive Condominiums in the building, within the complex and in the community! Private Rear Top Floor Condo which overlooks both the Tennis Courts and the Inground Pool. Parking Spot 266 is right outside the front door. There is a convenient exterior door which exits directly out onto the covered balcony which walks right down to the pool, locker rooms and small additional storage unit in the lower level. This complex is conveniently located to Harold Parker State Forest, many local restaurants, stores and local business on Rt 28. Hardwood and Tile Floors throughout. Beautiful Bathroom with Classic Pedestal Sink and Large Tiled Shower. Most monthly expenses are covered in the condo fee. Do not miss this opportunity for convenient and affordable living in Andover!

Last Listed By

Matthew Quinlan

Listed on: 08/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1969

Kitchen

  • Range

Flooring

  • Wood
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:00085 B:00019 L:B015E

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,953

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 289.58
  • Comp Based On: Net Sale Price
  • Year Built: 1969
  • Lead Paint: Unknown
  • Unit Building: 5E
  • Unit Level: 3
  • Unit Placement: Top/Penthouse, End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1969

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • No Rooms: 2
  • Kitchen: On Level: Third Floor, Dimension: 11X10, Flooring - Stone/Ceramic Tile, Balcony / Deck, Exterior Access
  • Living Room: On Level: Third Floor, Dimension: 13X19, Ceiling Fan(s), Closet - Walk-in, Closet, Flooring - Hardwood, Cable Hookup
  • No Living Levels: 1
  • Main Lo: B95141
  • Main So: BB5153
  • Estimated Sq Ft: 480.00

Exterior Features

  • Construction: Frame, Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Exterior Unit Features: Covered Patio/Deck, Tennis Court

Garage/Parking

  • Parking Feature: Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Park, Golf Course, Bike Path, Conservation Area, Highway Access
  • HOA Fees: 278.82
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Colonial Drive Condominiums

Lot Info

  • Assessments: 116000.00
  • Page: 182
  • Parcel Number: M:00085 B:00019 L:B015E
  • Zoning: APT

Tax Info

  • Taxes: 1741.00
  • Assessor Parcel Number: 1840820

Multi Family

  • No Units: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 25, 2020
Sold by
Steen Lisa D
Bought by
Adzhemyan Ani and Artsruni Gegham
Seller's Agent
Matthew Quinlan
Buyer's Agent
Karine Demurchyan
Real Broker MA, LLC
List Price
$139,000
Sold Price
$149,000
Premium/Discount to List
$10,000
7.19%
Total Days on Market
3
Current Estimated Value
$195,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,227
Avg. Annual Appreciation
6.62%
Original Mortgage
$89,400
Outstanding Balance
$80,764
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,688

Purchase Details

Closed on
Apr 10, 1995
Sold by
Colonial Drive Corp
Bought by
Steen Lisa D

Range of Values:

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Average Value
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List Price
Sold Price
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Similar Home in Andover, MA

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adzhemyan Ani $149,000 None Available
Adzhemyan Ani $149,000 None Available
Steen Lisa D $33,900 --
Steen Lisa D $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adzhemyan Ani $89,400
Closed Adzhemyan Ani $89,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $149,000 +7.2% $310 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $139,000 -- $290 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,953 $151,600 $0 $151,600
2023 $1,877 $137,400 $0 $137,400
2022 $1,933 $132,400 $0 $132,400
2021 $1,830 $119,700 $0 $119,700
2020 $1,741 $116,000 $0 $116,000
2019 $1,554 $101,800 $0 $101,800
2018 $1,470 $94,000 $0 $94,000
2017 $1,359 $89,500 $0 $89,500
2016 $1,269 $85,600 $0 $85,600
2015 $1,223 $81,700 $0 $81,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72709099

MLS Property Information Network (MLS PIN)

APN: ANDO-000085-000019-B000015E