NOT LISTED FOR SALE

50 Colonial Dr Unit 7 Andover, MA 01810

Estimated Value: $311,549 - $408,000

2 Beds
1 Bath
886 Sq Ft
$469/mo HOA Fee

Last Sold July 08, 2016

Last sale price $181,000 $204 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,575/month

18 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Resident Manager or Management On Site
  • South Elementary School Rated A
  • Tennis Courts
  • Central Air

About This Home

As of July 2016

Beautiful spacious mid-floor unit, renovated a couple of years ago. New custom cabinets with granite countertop, granite breakfast bar and high-end stainless steel appliances. Beautiful flooring throughout. Generous closet space. Conveniently located near Routes 93, 125 and 28. Includes private storage area in basement. Laundry facilities in basement. Great deal; cheapest 2-bedroom unit in Andover. Buyer to do own due diligence; no representations by Seller or broker.

Last Agent to Sell the Property

David Cohen

Armory Realty Listed on: 04/19/2016

Last Buyer's Agent

Roberta Nelson

Classified Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls

HOA Fees

  • $469 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Garden Home
  • Entry on the 2nd floor

Interior Spaces

  • 886 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:00085 B:00019 L:0B507,1840798

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, snow removal
  • 220 Units
  • Colonial Drive Condominium Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,260

Year Built

Built in 1974

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1974
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 886
  • Stories Total: 1
  • MAIN LO: NB5236
  • MAIN SO: B95141

Exterior Features

  • Common Walls: 2+ Common Walls
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Tennis Court(s)
  • Association Fee: 469.1
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Snow Removal

Lot Info

  • Parcel Number: M:00085 B:00019 L:0B507,1840798
  • Zoning: APT
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2260

Multi Family

  • Number Of Units Total: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 8, 2016
Sold by
Nss 3 Sisters Rt
Bought by
Demarquez Edgar
Seller's Agent
David Cohen
Armory Realty
Buyer's Agent
Roberta Nelson
Classified Realty Group
List Price
$179,900
Sold Price
$181,000
Premium/Discount to List
$1,100
0.61%
Current Estimated Value
$347,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,137
Avg. Annual Appreciation
7.16%
Original Mortgage
$177,721
Outstanding Balance
$141,294
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$205,843

Purchase Details

Closed on
May 24, 2013
Sold by
Ahmed Faisal
Bought by
Nss 3 Sisters Rt and Ahmed

Purchase Details

Closed on
Apr 30, 1998
Sold by
Rodriguez Ricardo J
Bought by
Lowery William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demarquez Edgar $181,000 --
Demarquez Edgar $181,000 --
Nss 3 Sisters Rt -- --
Nss 3 Sisters Rt -- --
Lowery William L $72,000 --
Lowery William L $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarquez Edgar $177,721
Closed Demarquez Edgar $177,721
Previous Owner Lowery William L $35,000
Previous Owner Lowery William L $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $181,000 +0.6% $204 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $179,900 -- $203 / 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

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71990721

MLS Property Information Network (MLS PIN)

APN: ANDO-000085-000019-B000507