NOT LISTED FOR SALE

50 Colonial Dr Unit 1 Andover, MA 01810

Estimated Value: $303,126 - $333,000

2 Beds
1 Bath
850 Sq Ft
$451/mo HOA Fee

Last Sold May 16, 2016

Last sale price $144,088 $170 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,380/month

24 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • South Elementary School Rated A

About This Home

As of May 2016

As-Is Sale. Condo in desirable area. Insurable with repair escrow. Cash Encouraged. Bidding restrictions apply. Equal housing opportunity. Please do your due diligence.

Last Agent to Sell the Property

Amit Anand

Equinox Properties License #REB.0017097 Listed on: 03/22/2016

Last Buyer's Agent

Amit Anand

Equinox Properties License #REB.0017097 Listed on: 03/22/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1974

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Combination Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot B501
  • Assessor Parcel Number 50COLONIALDR1ANDO

Community Details

Overview

  • Andover Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,091

Year Built

Built in 1974

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ANDOVER
  • Above Grade Finished Sq Ft: 850.0
  • Building Name: Colonial Dr. Condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Living Area: 850.0
  • Stories: 2

Exterior Features

  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Foundation Details: Combination, See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 450.62
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50COLONIALDR1ANDO

Tax Info

  • Tax Annual Amount: 2091.0
  • Tax Lot: B501
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 13, 2016
Sold by
Department Of Housing & Urban Dev
Bought by
Yuan Jennifer
Seller's Agent
Amit Anand
Equinox Properties
Buyer's Agent
Amit Anand
Equinox Properties
List Price
$140,000
Sold Price
$144,088
Premium/Discount to List
$4,088
2.92%
Current Estimated Value
$317,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,444
Avg. Annual Appreciation
8.58%
Original Mortgage
$108,000
Outstanding Balance
$45,287
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$272,245

Purchase Details

Closed on
Feb 8, 2016
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jun 26, 2013
Sold by
Clark Derrick B and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 19, 2010
Sold by
Demetri Tr James P and Cody Jonathan P
Bought by
Clark Derrick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,790
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Swanson Patricia E and Res Funding Co Llc
Bought by
Cody Tr Jonathan P and Demetri James P

Purchase Details

Closed on
Apr 10, 2008
Sold by
Swanson Ruth A
Bought by
Swanson Patricia E

Purchase Details

Closed on
Oct 8, 2004
Sold by
Swanson Patricia E
Bought by
Swanson Patricia E and Swanson Ruth A

Purchase Details

Closed on
Aug 25, 2000
Sold by
Cannata Diane
Bought by
Swanson Patricia E

Purchase Details

Closed on
Mar 14, 1996
Sold by
Colonial Drive Corp
Bought by
Cannata Diane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yuan Jennifer $144,088 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Wells Fargo Bank Na $147,426 --
Wells Fargo Bank Na $147,426 --
Clark Derrick B $128,500 --
Clark Derrick B $128,500 --
Cody Tr Jonathan P $70,000 --
Cody Tr Jonathan P $70,000 --
Swanson Patricia E -- --
Swanson Patricia E -- --
Swanson Patricia E -- --
Swanson Patricia E -- --
Swanson Patricia E $119,900 --
Swanson Patricia E $119,900 --
Cannata Diane $56,900 --
Cannata Diane $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Jennifer $108,000
Closed Cannata Diane $108,000
Previous Owner Clark Derrick B $126,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Off Market $144,088 -- --
05/16/2016 05/16/16 Sold $144,088 +2.9% $170 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $140,000 -- $165 / Sq Ft
Source: State-Wide MLS

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 $3,112 $241,600 $0 $241,600
2023 $2,983 $218,400 $0 $218,400
2022 $2,980 $204,100 $0 $204,100
2021 $2,911 $190,400 $0 $190,400
2020 $2,766 $184,300 $0 $184,300
2019 $2,472 $161,900 $0 $161,900
2018 $2,366 $151,300 $0 $151,300
2017 $2,213 $145,800 $0 $145,800
2016 $2,091 $141,100 $0 $141,100
2015 $2,009 $134,200 $0 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1120833

State-Wide MLS

APN: ANDO-000085-000019-B000501