(617) 955-2224
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40 Colonial Dr. # 8, Andover MA 01810

Andover, MA 01810
$297,000
Est. $2,646/month
2
Beds
1
Baths
934
Sq Ft
$318
Price/Sq Ft
1974
Year Built
Condominium
Type
29
Days on Market
Active Listed Dec 3, 2025 • MLS# 73459249 Copied!

About this home

Sun splash top floor unit located in the quiet back side of the complex. Spacious 2 beds 1 bath with hardwood floor throughout. Great floor plan with open concept. Deeded 2 parking spaces #198 & #200. HOA fee includes heat, hot water, sewage, swimming pool and tennis courts. Laundry in the basement with extra storage. Community is pet friendly. Convenient location close to highway, supermarket, school, restaurants, and more. Easy to show. Owner has never lived in the property. Buyers and Buyer's Agent do their own due diligence.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1974
Bedrooms
2
Full Bathrooms
1
Living Area
934 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1974
Living Area 934 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Central
Cooling Wall Unit(s)
Flooring Wood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry In Basement, Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Private Sewer, Other
Gas None
Other For Gas Range

Financial

Annual Tax $3,371
Assessed Value $261,700

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Basement, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1974
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Private Sewer, Other
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded

Location

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Neighborhood

40 Colonial Dr. # 8, Andover MA 01810

Andover, MA 01810

Walkability

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Nearby Schools

School District
Andover School District local
✓ School Safety 2024-25
0.4% Low
0.4% Suspensions 0.1% In-School
↓ 5.1% below state avg
E

Elementary Schools

10 schools
Andover School of Montessori
1.3 mi
Grades PK-08
The Pike School Inc
2.1 mi
Grades PK-09
Anderson School
3.6 mi
Grades PK-07
Saint Augustine School
3.7 mi
Grades PK-08
Melmark New England School
7.5 mi
Grades PK-12
A+
South Elementary School
2.2 mi | #58 of 824 | Score: 61.7
Dropped 8 spots from last year
+3.5 above state avg
438 students Diverse
Strong Attendance
Grades K-05
A+
Henry C Sanborn Elementary School
4.0 mi | #27 of 824 | Score: 64.1
Improved 14 spots from last year
+5.9 above state avg
332 students Diverse
Strong Attendance
Grades K-05
Shawsheen School
5.1 mi
85 students Diverse
Grades PK
A
West Elementary School
5.1 mi | #138 of 824 | Score: 57.4
Improved 139 spots from last year
-0.8 below state avg
605 students Diverse
Grades K-05
A+
High Plain Elementary School
6.1 mi | #49 of 824 | Score: 62.4
Improved 50 spots from last year
+4.2 above state avg
505 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
A
Doherty Middle School
3.6 mi | #41 of 352 | Score: 58.5
Improved 13 spots from last year
+0.3 above state avg
493 students Moderate
Strong Attendance
Grades 06-08
A
Andover West Middle School
4.2 mi | #49 of 352 | Score: 57.0
Dropped 33 spots from last year
-1.2 below state avg
508 students Diverse
Grades 06-08
A
Wood Hill Middle School
6.8 mi | #69 of 352 | Score: 53.8
Dropped 38 spots from last year
-4.5 below state avg
317 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
Phillips Academy
3.4 mi
Grades 09-12
A+
Andover High School
4.2 mi | #24 of 346 | Score: 72.8
Improved 10 spots from last year
+14.6 above state avg
1,609 students Diverse
20 sports • 2,968 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Greater Lawrence Regional Vocational Technical School
7.6 mi | #140 of 346 | Score: 56.5
Improved 48 spots from last year
-1.7 below state avg
1,837 students Moderate
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $281
Homeowners Insurance $200
HOA Fee $663/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Dec 3, 2025
$297,000
Original listing
Agent: Chih-Cheng Chen Office: Chih-Cheng Chen
🏠
Listed for Sale
Dec 3, 2025
$297,000
Original listing

Price & Status History

Date Event Price Change
Dec 3, 2025 New Listing Added $297,000 —
Dec 3, 2025 New Listing Added $297,000 —

Market Statistics

Days on Market
29 days
Price per Sq Ft
$318

Tax History

Year Taxes Assessment
2024 $3,371 $261,700

Financial Details

Annual Property Tax
$3,371
Tax Year 2024
HOA Fee
$663
Monthly
Assessed Value
$261,700

Listing Information

Listing Agent Chih-Cheng Chen
Listing Office Chih-Cheng Chen
Agent MLS ID CT008815
Office MLS ID AN3900
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Andover, MA

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