NOT LISTED FOR SALE

The Balmoral 16 Balmoral St Unit 405 Andover, MA 01810

Shawsheen Heights Neighborhood

Estimated Value: $268,000 - $331,770

1 Bed
1 Bath
709 Sq Ft
$467/mo HOA Fee

Last Sold May 23, 2024

Last sale price $286,000 $403 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,412/month

83 Days on Market

Highlights

  • Medical Services
  • No Units Above
  • Jogging Path
  • West Elementary School Rated A-
  • Property is near public transit
  • 1-minute walk to Lower Shawsheen Playground

About This Home

As of May 2024

BACK ON THE MARKET!!! What an exceptional opportunity to customize your own condo in the Balmoral Building in Shawsheen Village. This unit will need some TLC but with your creativity you can transform the unit and bring out the history, charm, character, and elegance. Located on the top floor, this 1 bedroom 1 bath bright and open concept floor plan boasts high ceilings, wainscotting and tall windows. Storage area, coin operated laundry facilities in basement as well as one deeded parking space. Conveniently located close to highways and downtown Andover. This is a NON SMOKING building and is pet restricted.

Last Agent to Sell the Property

Chris Chiang

NextHome Tradition Listed on: 02/13/2024

NextHome Tradition

Co-Listed By

Mark Gazda

NextHome Tradition

Last Buyer's Agent

Carl Strube

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1925

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 709 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Schools

  • West Elementary And Middle School
  • Andover High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:00036 B:00091 L:00405,1837096

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 86 Units
  • Balmoral Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,363

Year Built

Built in 1925

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1925
  • Buyer Agency: 2
  • Entry Level: 4
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Basement: N
  • Living Area: 709
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN7890
  • LIST PRICE PER Sq Ft: 416.08
  • PRICE PER Sq Ft: 403.39
  • MAIN SO: G62134

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Brick, Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Storage
  • Association Fee: 467
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship
  • Senior Community YN: No
  • UNIT BUILDING: 405
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:00036 B:00091 L:00405,1837096
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 20
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3363
  • Tax Book Number: 8389

Multi Family

  • Number Of Units Total: 86
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Andover
  • Elementary School: West
  • Middle Or Junior School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 14, 2024
Sold by
Bouvier Grace L Est and Cambell
Bought by
Chang Donald
Seller's Agent
Chris Chiang
NextHome Tradition
Buyer's Agent
Carl Strube
RE/MAX Partners
List Price
$315,000
Sold Price
$286,000
Premium/Discount to List
-$29,000
-9.21%
Views
203
Current Estimated Value
$299,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,193
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Nov 7, 2003
Sold by
Grieco Donna T
Bought by
Bouvier Grace L

Purchase Details

Closed on
Mar 31, 1998
Sold by
Mcgoldrick Jeffrey G
Bought by
Grieco Donna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1989
Sold by
Mcguire Robert
Bought by
Mcgoldrick Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
10.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Chang Donald $286,000 None Available
Chang Donald $286,000 None Available
Bouvier Grace L $214,900 --
Bouvier Grace L $214,900 --
Grieco Donna T $80,000 --
Grieco Donna T $80,000 --
Mcgoldrick Jeffrey $96,500 --
Mcgoldrick Jeffrey $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgoldrick Jeffrey $60,000
Previous Owner Mcgoldrick Jeffrey $85,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $286,000 -3.1% $403 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $295,000 -6.3% $416 / Sq Ft
04/09/2024 04/09/24 Price Changed $315,000 0.0% $444 / Sq Ft
04/09/2024 04/09/24 For Sale $315,000 -10.0% $444 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $350,000 -- $494 / 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 $3,509 $272,400 $0 $272,400
2023 $3,363 $246,200 $0 $246,200
2022 $3,460 $237,000 $0 $237,000
2021 $3,379 $221,000 $0 $221,000
2020 $3,164 $210,800 $0 $210,800
2019 $2,935 $192,200 $0 $192,200
2018 $2,767 $176,900 $0 $176,900
2017 $2,518 $165,900 $0 $165,900
2016 $2,248 $151,700 $0 $151,700
2015 $2,043 $136,500 $0 $136,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Chiang

    Seller's Agent in 2024

    Chris Chiang

    NextHome Tradition

    (978) 857-4693

    1 in this area

    30 Total Sales

    Chris Chiang
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mark Gazda

    NextHome Tradition

    Section Image
  • Carl Strube

    Buyer's Agent in 2024

    Carl Strube

    The Carroll Team

    (617) 513-7278

    1 in this area

    7 Total Sales

    Carl Strube
    Section Image
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About The Balmoral

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201953

MLS Property Information Network (MLS PIN)

APN: ANDO-000036-000091-000405

Massachusetts Essex County Andover 01810 Shawsheen Heights

16 Balmoral St Unit 405, Andover, MA

This home is located at 16 Balmoral St Unit 405, Andover, MA 01810 since 13 February 2024 and is currently estimated at $299,193, approximately $421 per square foot. This property was built in 1925. 16 Balmoral St Unit 405 is a home located in Essex County with nearby schools including West Elementary School, Andover West Middle School, and Andover High School.

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