NOT LISTED FOR SALE

40 Colonial Dr Unit 4 Andover, MA 01810

Estimated Value: $304,000 - $334,842

2 Beds
1 Bath
886 Sq Ft
$471/mo HOA Fee

Last Sold October 12, 2018

Last sale price $204,000 $230 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,547/month

16 Days on Market

Highlights

  • Intercom
  • Central Heating
  • Wall to Wall Carpet
  • South Elementary School Rated A

About This Home

As of October 2018

Large second floor corner unit in Colonial Drive . This four room 2 bedroom unit is one of the larger units. Updated kitchen with a dining area, Open living room with sliders to a balcony, and 2 generous bedrooms. Two handy parking spots, Heat, hot water included in condo fee. Association pool, tennis and basketball courts. Well kept grounds. Great location for commuters close to highways, shopping, etc.

Last Agent to Sell the Property

Charlie Zappala

Berkshire Hathaway HomeServices Verani Realty Listed on: 08/13/2018

Berkshire Hathaway HomeServices Verani Realty

Co-Listed By

Frank McDermott

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Morganti Team

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 1969

Lot Details

  • Year Round Access

HOA Fees

  • $471 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Private Sewer
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,371

Year Built

Built in 1969

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 225.62
  • Comp Based On: Net Sale Price
  • Year Built: 1969
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 4
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1969

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Flooring - Vinyl, Dining Area
  • Living Room: On Level: Second Floor, Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
  • No Living Levels: 1
  • Main Lo: AN0992
  • Main So: AN2311
  • Estimated Sq Ft: 886.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Professional Landscaping

Garage/Parking

  • Parking Feature: Assigned
  • Parking Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Central Heat

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court
  • HOA Fees: 470.88
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: colonial drive condominiums

Lot Info

  • Assessments: 163600.00
  • Lot: 0B404
  • Page: 168
  • Zoning: apt
  • Master Book: 2522
  • Master Page: 105

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 2558.70
  • Assessor Parcel Number: 1840787

Multi Family

  • No Units: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 12, 2018
Sold by
Shin Dongkwon
Bought by
Gee Judith A
Seller's Agent
Charlie Zappala
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Morganti Team
eXp Realty
List Price
$199,900
Sold Price
$204,000
Premium/Discount to List
$4,100
2.05%
Total Days on Market
16
Current Estimated Value
$319,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,961
Avg. Annual Appreciation
6.99%
Original Mortgage
$120,000
Outstanding Balance
$105,501
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$214,460

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jun 21, 2012
Sold by
Hegarty Sean and Arsenault Erin
Bought by
Shin Dongkwon
Seller's Agent
Charlie Zappala
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Charlie Zappala
Berkshire Hathaway HomeServices Verani Realty
Sold Price
$1,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$91,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Hanson Craig A
Bought by
Arsenault Erin and Hagarty Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Ianniciello Linda A
Bought by
Hanson Craig A

Purchase Details

Closed on
Jan 18, 2001
Sold by
Giolito Mary Ellen
Bought by
Ianniciello Linda A

Purchase Details

Closed on
Mar 9, 1998
Sold by
Burridge Marilyn A
Bought by
Giolito Mary Ellen
Source: Public Records

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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
Gee Judith A $204,000 --
Shin Dongkwon $130,000 --
Arsenault Erin $200,000 --
Arsenault Erin $200,000 --
Hanson Craig A $180,000 --
Hanson Craig A $180,000 --
Ianniciello Linda A $125,000 --
Giolito Mary Ellen $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee Judith A $120,000
Closed Giolito Mary Ellen $120,000
Previous Owner Shin Dongkwon $91,000
Previous Owner Arsenault Erin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $204,000 +2.1% $230 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $199,900 0.0% $226 / Sq Ft
06/26/2012 06/26/12 Rented $1,200 -11.1% --
06/26/2012 06/26/12 For Rent $1,350 0.0% --
06/21/2012 06/21/12 Sold $130,000 -3.7% $147 / Sq Ft
05/03/2012 05/03/12 For Sale $135,000 -- $152 / 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 $3,371 $261,700 $0 $261,700
2023 $3,232 $236,600 $0 $236,600
2022 $3,227 $221,000 $0 $221,000
2021 $3,151 $206,100 $0 $206,100
2020 $2,994 $199,500 $0 $199,500
2019 $2,674 $175,100 $0 $175,100
2018 $2,559 $163,600 $0 $163,600
2017 $2,392 $157,600 $0 $157,600
2016 $2,260 $152,500 $0 $152,500
2015 $2,171 $145,000 $0 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72378594

MLS Property Information Network (MLS PIN)

APN: ANDO-000085-000019-B000404