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400 Colonial Drive # 11, Ipswich MA 01938

Ipswich, MA 01938
$365,000
Est. $2,578/month
1
Beds
1
Baths
732
Sq Ft
$499
Price/Sq Ft
1984
Year Built
5
Days on Market
Closed Listed Jan 7, 2025 • MLS# 73324020 Copied!

About this home

Beautiful garden-style condo in a great and private location within a sought-after complex. The current seller has made several enhancements to the unit, including a walk-in closet, renovated kitchen cabinets, and an added pantry. The renovated bathroom features an extra storage cabinet. The combination of the living room and dining room has an open floor plan leading to a private patio. Easy access to the association pool and a convenient nearby carport parking spot exists. This unit also comes with an assigned storage unit.Enjoy living in Ipswich, known for its excellent restaurants, hiking trails, and Crane Beach, where you can take advantage of the Ipswich Resident Beach sticker. Additionally, there is easy access to the commuter rail.

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $334,000
Final Sale Price: $365,000
Difference: +$31,000 (+9.3%)
Performance Metrics
109.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $456
Sale $/sq ft: $499
This property sold for $499 per square foot
Sale Summary

This property sold for 9.3% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$499/sq ft
Area Average
$408/sq ft
Difference
+22.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1984
Living Area 732 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features None

Exterior

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

Parking

Has Garage Yes
Features Carport, Assigned, Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,140
Assessed Value $281,600

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Carport, Assigned, Off Street

Location

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Neighborhood

400 Colonial Drive # 11, 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 $262
Homeowners Insurance $200
HOA Fee $271/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

8.5%
Price Range
6
Total Days on Market

Property Timeline

Sold
Feb 13, 2025
$365,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jan 7, 2025
$334,000
Original listing
Agent: Blaze Johnson Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Jan 7, 2025 New Listing Added $334,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$499

Tax History

Year Taxes Assessment
2025 $3,140 $281,600

Financial Details

Annual Property Tax
$3,140
Tax Year 2025
HOA Fee
$271
Monthly
Assessed Value
$281,600

Listing Information

Listing Office J. Barrett & Company
Agent MLS ID C2444277
Office MLS ID AC1087
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

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