40 Colonial Dr
Andover, MA 01810
2 bd 1 ba 934 sqft Built 1974 condos
Most recent sale
$325,000
Nov 28, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 28, 2023 | Sold | $325,000 | MLSPIN |
| Oct 11, 2023 | Listed | $289,900 | MLSPIN |
| Jan 15, 2021 | Sold | $235,000 | MLSPIN |
| Dec 16, 2010 | Sold | $129,000 | MLSPIN |
| Dec 8, 2010 | Relisted | $129,900 | MLSPIN |
| Oct 1, 2010 | Listing removed | $129,900 | MLSPIN |
| Sep 24, 2010 | Price changed | $129,900 | MLSPIN |
| Aug 12, 2010 | Listed | $144,900 | MLSPIN |
| May 19, 2005 | Sold | $499,000 | Public Record |
| May 12, 2005 | Sold | $229,000 | Public Record |
| Jul 30, 1999 | Sold | $109,000 | Public Record |
| Nov 24, 1995 | Sold | $72,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $318,700 | — | $318,700 | $3,981 |
| 2023 | $236,600 | — | $236,600 | $3,232 |
| 2022 | $221,000 | — | $221,000 | $3,227 |
| 2021 | $206,100 | — | $206,100 | $3,151 |
| 2020 | $199,500 | — | $199,500 | $2,994 |
| 2019 | $175,100 | — | $175,100 | $2,674 |
| 2018 | $163,600 | — | $163,600 | $2,559 |
| 2017 | $157,600 | — | $157,600 | $2,392 |
| 2016 | $152,500 | — | $152,500 | $2,260 |
| 2015 | $145,000 | — | $145,000 | $2,171 |
| 2014 | $126,900 | — | $126,900 | $1,926 |
| 2006 | $188,000 | — | $188,000 | $2,143 |
| 2005 | $170,100 | — | $170,100 | $1,958 |
| 2004 | $170,100 | — | $170,100 | $1,951 |
| 2003 | $140,800 | — | $140,800 | $1,638 |
Property facts
Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
934 sqft
Lot size
—
ZIP code
01810
City
Andover
Street
Colonial Dr
Coordinates
42.60302, -71.12008
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,709
Gross rental yield
10.00%
Implied cap rate
6.50%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Colonial Dr last sell?
40 Colonial Dr most recently sold on Nov 28, 2023 for $325,000.
What is the current tax assessment for 40 Colonial Dr?
The most recent total assessment for 40 Colonial Dr (year 2025) is $318,700 with $3,981 in property tax.
How does 40 Colonial Dr's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $325,000.
When was 40 Colonial Dr built?
40 Colonial Dr was built in 1974.
How does 40 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Colonial Dr?
40 Colonial Dr is a 2 bed, 1 bath, 934 sqft condos.
Is 40 Colonial Dr a flip candidate?
No — 40 Colonial Dr does not appear in our flips dataset.
Is 40 Colonial Dr a tax-appeal candidate?
No — 40 Colonial Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.5%
Implied 1-yr
+29.8%
2026 Q3
$1.84M
2026 Q4
$1.9M
ZIP 01810 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colonial Dr