2 months on rocket

16 Balmoral St Unit 405, Andover, MA, 01810

$295,000

Home List Price

$3,503*

Closing Credit

1 Bedroom
1 Full Bath
709 SqFt
$416/SqFt
Condo
Schools Nearby

Location

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16 Balmoral St Unit 405, Andover$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Deeded
Year Built1925
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
MLS #73201953
StatusActive

About 16 Balmoral St Unit 405

BACK ON THE MARKET!!! What an exceptional opportunity to customize your own condo in the Balmoral Building in Shawsheen Village. This unit will need some TLC but with your creativity you can transform the unit and bring out the history, charm, character, and elegance. Located on the top floor, this 1 bedroom 1 bath bright and open concept floor plan boasts high ceilings, wainscotting and tall windows. Storage area, coin operated laundry facilities in basement as well as one deeded parking space. Conveniently located close to highways and downtown Andover. This is a NON SMOKING building and is pet restricted.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 709 SqFt

Listing Office:

  • Office Name: NextHome Tradition
  • Listing Agent: Christopher Chiang

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Off Street, Deeded

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Andover High School, Public District Grades 9-12
  • Andover West Middle School, Public District Grades 6-8
  • West Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North Main St to Balmoral, Deeded Parking Space #58

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $416/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

HOA Fees:

  • Amount: $467
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,379
  • Tax Year: 2021
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Housing Market Comparison

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

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Andover, MA

City

Med. Sold Price

$869K

Med. Price/SqFt

$359

Avg. Days On Market

52

# of Sold Homes

20

16 Balmoral St Unit 405 vs Andover

73 DAYS ON ROCKET

+21 Days

$295,000

-$574K Less

$416/SqFt

+$56 More

KEY TAKEAWAY

This property is $574K less than the Median Sold Price and $56/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: #73201953

Listing Office:

  • Office Name: NextHome Tradition
  • Listing Agent: Christopher Chiang

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 7:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2003Home Sold
$214,900
Mar 31, 1998Home Sold
$80,000
Apr 21, 1989Home Sold
$96,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,379$221,000
2020$3,164$210,800
2019$2,935$192,200
2018$2,767$176,900
2017$2,518$165,900

History based on county public records data.

Payment Calculator

$2,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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.

Elementary School

school-card-donut-1090068
8
/10

  • West Elementary School

  • 58 Beacon St

  • 1.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1090069
8
/10

  • Andover West Middle School

  • 70 Shawsheen Rd

  • 0.89 miles

  • Public District Grades 6-8

High School

school-card-donut-1090070
8
/10

  • Andover High School

  • 80 Shawsheen Rd

  • 1.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,919. The majority of Andover, MA residents have income between $35k-100k annually. Typical family type is single, no kids. 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 16 Balmoral St Unit 405

What is the listing price of this property?

The listing price of 16 Balmoral St Unit 405 property is $295,000.

What type of property is this?

The property 16 Balmoral St Unit 405 is a condo located in Andover, Massachusetts, 01810.

Is this property for sale now?

Active Listing: 16 Balmoral St Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 Balmoral St Unit 405 are:
West Elementary School: GreatSchools Rating 8/10
Andover West Middle School: GreatSchools Rating 8/10
Andover High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,379 (source: MLS/based on county public records data).

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

The last sale was on November 7, 2003 for $214,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 Balmoral St Unit 405 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 16 Balmoral St Unit 405 is 709 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Balmoral St Unit 405 is 1925.

Rocket Homes›Massachusetts›Essex County›Andover›01810›16 Balmoral St Unit 405

This home is located at 16 Balmoral St Unit 405 in Andover, MA and zip code 01810. This 709 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $295,000.

Over 8 listings were sold over their listed price in March 2024 in Andover, MA. In the same period over 11 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Andover, MA real estate market has seen increase in the number of listings by 10.6%. The median list price of listings available in March 2024 was $869,000, while the average time on the real estate market was 52 days.

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

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