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400 Colonial Dr # 43, Ipswich MA 01938

Ipswich, MA 01938
$497,500
Est. $3,560/month
2
Beds
2
Baths
1,221
Sq Ft
$407
Price/Sq Ft
1984
Year Built
4
Days on Market
Closed Listed Mar 27, 2025 • MLS# 73351114 Copied!

About this home

Welcome to desirable River Ridge Condominiums! This spacious first-floor, single-level 2-bed, 2-bath condo offers the perfect blend of comfort and convenience. Enjoy private patios off the living room & primary bedroom, ideal for relaxing or entertaining. The open concept living and dining area includes a bar area and a pass-through to the well-appointed kitchen boasting granite countertops, ample cabinet space, and plenty of storage. The generous primary suite includes a walk-in closet and a private bath. Additional highlights include in-unit laundry, a deeded carport parking space, and a basement storage closet. Residents can take advantage of the in-ground pool in the summer, and the pet-friendly policy allows for two pets. Located in Ipswich, this community is close to fantastic restaurants, shops, Crane Beach and the Crane Estate, scenic trails, the Ipswich River for kayaking and canoeing, and the commuter rail to North Station in Boston.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
2
Living Area
1,221 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $419,000
Final Sale Price: $497,500
Difference: +$78,500 (+18.7%)
Performance Metrics
118.7%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $343
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 18.7% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$407/sq ft
Area Average
$429/sq ft
Difference
5.1%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1984
Living Area 1,221 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Electric
Cooling Central Air
Flooring Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

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

Parking

Features Carport, Assigned
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,357
Assessed Value $390,800

Interior Features

Flooring: Carpet, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1984
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Carport, Assigned

Location

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Neighborhood

400 Colonial Dr # 43, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Nearby Schools

School District
Ipswich School District local
A-
School Safety 2024-25
0.9% Low
0.9% Suspensions 0.8% In-School
4.6% below state avg
E

Elementary Schools

2 schools
A-
Winthrop School
0.9 mi | #197 of 824 | Score: 55.2
Dropped 158 spots from last year
-3.1 below state avg
373 students Moderate
Strong Attendance
Grades PK-05
A
Paul F Doyon Memorial School
2.1 mi | #90 of 824 | Score: 59.8
Improved 33 spots from last year
+1.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

1 school
A-
Ipswich Middle School
1.3 mi | #93 of 352 | Score: 50.4
Improved 8 spots from last year
-7.8 below state avg
377 students Moderate
Strong Attendance
Grades 06-08
H

High Schools

1 school
A+
Ipswich High School
1.3 mi | #36 of 346 | Score: 69.6
Improved 26 spots from last year
+11.4 above state avg
447 students Moderate
19 sports • 1,184 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
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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 $363
Homeowners Insurance $200
HOA Fee $481/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

15.8%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jun 9, 2025
$497,500
Property sold
Days on Market: 5
🏠
Listed for Sale
Mar 27, 2025
$419,000
Original listing
Agent: Andrea Lacroix Office: Churchill Properties

Price & Status History

Date Event Price Change
Mar 27, 2025 New Listing Added $419,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2025 $4,357 $390,800

Financial Details

Annual Property Tax
$4,357
Tax Year 2025
HOA Fee
$481
Monthly
Assessed Value
$390,800

Listing Information

Listing Agent Andrea Lacroix
Listing Office Churchill Properties
Agent MLS ID K8000141
Office MLS ID AN3418
Listing Data Updated Jun 9, 2025 3:23 PM EDT
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 Ipswich, MA

Real-time market trends and pricing data for this area

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