NOT LISTED FOR SALE

50 Colonial Dr Unit 11 Andover, MA 01810

Estimated Value: $306,501 - $407,000

2 Beds
1 Bath
886 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $170,000 $192 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,095/month

Highlights

  • In Ground Pool
  • Balcony
  • Central Heating
  • South Elementary School Rated A

About This Home

As of April 2021

This top floor, Corner unit. It has updated kitchen cabinets with granite counter tops. Recently remodeled bathroom with new fixtures. There is a balcony, and two deeded parking spaces #229 and #264. There are also several guest spots in the complex. NO SMOKING AND NO PETS. The location is near the North Reading Andover Line. Good credit is required.

Last Agent to Rent the Property

George Riccardelli

George C. Riccardelli, REALTOR® Listed on: 03/29/2021

Last Renter's Agent

George Riccardelli

George C. Riccardelli, REALTOR® Listed on: 03/29/2021

Property Details

Property Type

  • Other

Year Built

  • 1974

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

1974

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 09/01/2016
  • Rent Fee Includes: Heat, Hot Water, Gas, Water, Sewerage Disposal, Refuse Removal, Snow Removal, Recreational Facilities, Grounds Maintenance, Tennis Court, Extra Storage, Parking
  • Sec Deposit: 1900.00

Listing Details

  • Property Type: Residential Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 2.14
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 11
  • Unit Level: 3
  • CoOp Comp: 1/2 month
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1974

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 15X11, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Dimension: 11X11, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Dimension: 11X18, Dining Area
  • Laundry Features: In Building
  • Living Room: On Level: First Floor, Dimension: 18X15, Flooring - Wood
  • Main Lo: AN1175
  • Main So: AN1175
  • Estimated Sq Ft: 886.00

Exterior Features

  • Exterior Features: Balcony, Pool - Inground

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Gas, Central Heat
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Condo Association: Yes

Tax Info

  • Assessor Parcel Number: 1840802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Riccardelli George C
Bought by
Hill Rt and Jordan
Current Estimated Value
$344,875

Purchase Details

Listed on
May 14, 2015
Closed on
Aug 21, 2015
Sold by
Swift Jonathan J
Bought by
Riccardelli George C
Seller's Agent
Navid Nickpour
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
George Riccardelli
George C. Riccardelli, REALTOR®
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$130,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2009
Sold by
Dalimonte Mark A
Bought by
Swift Jonathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Klein Tr Susan A
Bought by
Dalimonte Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hill Rt -- None Available
Hill Rt -- None Available
Riccardelli George C $170,000 --
Swift Jonathan J $145,000 --
Swift Jonathan J $145,000 --
Dalimonte Mark A $184,000 --
Dalimonte Mark A $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riccardelli George C $130,000
Previous Owner Swift Jonathan J $116,000
Previous Owner Dalimonte Mark A $145,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2021 04/10/21 Rented $1,900 0.0% --
03/29/2021 03/29/21 For Rent $1,900 +18.8% --
09/04/2016 09/04/16 Rented $1,600 0.0% --
08/01/2016 08/01/16 Under Contract -- -- --
07/31/2016 07/31/16 For Rent $1,600 0.0% --
07/20/2016 07/20/16 Off Market $1,600 -- --
07/11/2016 07/11/16 For Rent $1,600 0.0% --
08/21/2015 08/21/15 Sold $170,000 0.0% $192 / Sq Ft View Prior Sale
08/02/2015 08/02/15 Rented $1,550 -3.1% --
08/02/2015 08/02/15 For Rent $1,600 0.0% --
07/16/2015 07/16/15 Pending -- -- --
07/09/2015 07/09/15 Off Market $170,000 -- --
06/10/2015 06/10/15 For Sale $174,900 +2.9% $197 / Sq Ft
06/09/2015 06/09/15 Off Market $170,000 -- --
05/29/2015 05/29/15 Price Changed $174,900 -2.8% $197 / Sq Ft
05/14/2015 05/14/15 For Sale $179,900 0.0% $203 / Sq Ft
05/14/2012 05/14/12 Rented $1,350 -3.6% --
04/14/2012 04/14/12 Under Contract -- -- --
03/24/2012 03/24/12 For Rent $1,400 -- --
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 -- $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: 72805449

MLS Property Information Network (MLS PIN)

APN: ANDO-000085-000019-B005011