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40 Colonial Dr Unit 3, Andover, MA, 01810

$329,900

Home List Price

$3,918*

Closing Credit

2 Bedrooms
1 Full Bath
850 SqFt
$388/SqFt
Condo

Location

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40 Colonial Dr Unit 3, Andover$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Assigned, Common, Guest
Year Built1974
HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
MLS #73313849
StatusActive
(New)

About 40 Colonial Dr Unit 3

Spacious and updated with great amenities, this beautiful 850 sf.. condominium is located in a well-maintained complex. The home offers modern upgrades, ample space, and access to excellent community amenities, making it a perfect choice for comfortable and convenient living. A fully updated kitchen with some new appliances, all new cabinets with stunning blue pearl granite countertops, and ceramic tile flooring. The ceramic tile flooring continues from the kitchen into the living room and hallway. 2 large bedrooms with porcelain tile flooring and large mirrored glass sliding closet doors, offering generous closet space throughout the unit. All rooms have been newly painted for a clean modern look with newly baseboard heating. A fully tiled bathroom, including new vanity and sink. The intercom system adds security and convenience. The unit comes with 2 assigned parking spots. It is pet friendly, including a dog park for your furry friends. Don't miss out on this move-in ready home.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Living Area: 850 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (781) 231-2236
  • Listing Agent: Frank Spadafora

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Finish - Sheetrock

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Professional Landscaping, Tennis Court(s)

Parking Information:

  • Parking: Off Street, Assigned, Common, Guest

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Rt.125 to Rt.28, South Main St., at N. Reading line. Building #40 is in the rear of the complex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $388/SqFt

HOA Fees:

  • Amount: $719
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,982
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Andover, MA.

Med. Sold Price

$886K

Med. Price/SqFt

$386

Avg. Days On Market

26

# of Sold Homes

35

40 Colonial Dr Unit 3 vs Andover

1 DAY ON ROCKET

-25 Days

$329,900

-$556.1K Less

$388/SqFt

+$1 More

KEY TAKEAWAY

This property is $556.1K less than the Median Sold Price and $1/SqFt more than other homes in Andover, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73313849

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (781) 231-2236
  • Listing Agent: Frank Spadafora

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 1995Home Sold
$62,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,982$195,000
2020$2,834$188,800
2019$2,535$166,000
2018$2,426$155,100
2017$2,269$149,500

History based on county public records data.

Payment Calculator

$2,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-186631
9
/10
  • J. Turner Hood Elementary School

  • 298A Haverhill St

  • 1.63 miles

  • Public District Grades KG-5

school-card-donut-186632
9
/10
  • E. Ethel Little Elementary School

  • 7 Barberry Rd

  • 2.20 miles

  • Public District Grades KG-5

school-card-donut-186633
8
/10
  • South Elementary School

  • 55 Woburn St

  • 2.28 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,661. Residents of Andover, MA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Colonial Dr Unit 3

What is the listing price of this property?

The listing price of 40 Colonial Dr Unit 3 property is $329,900.

What type of property is this?

The property 40 Colonial Dr Unit 3 is a condo located in Andover, Massachusetts, 01810.

Is this property for sale now?

Active Listing: 40 Colonial Dr Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,982 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 1995 for $62,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Colonial Dr Unit 3 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40 Colonial Dr Unit 3 is 850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Colonial Dr Unit 3 is 1974.

Rocket HomesMassachusettsEssex CountyAndover0181040 Colonial Dr Unit 3

This home is located at 40 Colonial Dr Unit 3 in Andover, MA and zip code 01810. This 850 square foot home was built in 1974. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $329,900.

Over 25 listings were sold over their listed price in October 2024 in Andover, MA. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. Between September 2024 and October 2024, Andover, MA real estate market has seen increase in the number of listings by 14%. In October 2024 median list price was $886,000 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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