BMN Boston

Get our mobile app!

Download on the App Store

401 Colonial Drive # 47, Ipswich MA 01938

Ipswich, MA 01938
$470,000
Est. $3,424/month
2
Beds
2.5
Baths
1,665
Sq Ft
$282
Price/Sq Ft
1981
Year Built
18
Days on Market
Closed Listed May 29, 2024 • MLS# 73243695 Copied!

About this home

Discover the charm of this secluded condo nestled in the sought-after Bayside Village in Ipswich. This private retreat offers a serene back view of a wooded area, creating a tranquil ambiance. The open floor plan allows natural light to flood the space, highlighting the cathedral ceiling in the sunken fireplace living room. Entertaining is a delight in the spacious dining room, perfect for hosting gatherings. Upstairs, you'll find two inviting bedrooms. The main bedroom boasts a generous walk-in closet and a beautifully renovated bathroom. The second bedroom provides flexibility, serving as a guest bedroom or a productive home office, complete with its renovated bathroom. Convenience is essential with the added feature of an attached garage offering ample storage space. This prime location provides easy access to the train station, the downtown area, and popular local restaurants. As a delightful bonus, you'll be eligible for a sticker for Crane Beach.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1981
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,665 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $447,000
Final Sale Price: $470,000
Difference: +$23,000 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $268
Sale $/sq ft: $282
This property sold for $282 per square foot
Sale Summary

This property sold for 5.1% above the original asking price, indicating strong buyer demand.

With only 18 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
$282/sq ft
Area Average
$429/sq ft
Difference
34.3%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1981
Living Area 1,665 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry First Floor, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 3

Utilities

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

Financial

Annual Tax $4,906
Assessed Value $431,100

Interior Features

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

Construction & Materials

Year Built: 1981
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Shopping, Walk/Jog Trails, Stable(s), Bike Path, Conservation Area, T-Station

Location

Loading map...

Neighborhood

401 Colonial Drive # 47, Ipswich MA 01938

Ipswich, MA 01938

Walkability

Loading Walk Score...

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

1 school
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
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
Learn about these ratings

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 $409
Homeowners Insurance $200
HOA Fee $439/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

4.9%
Price Range
20
Total Days on Market

Property Timeline

Sold
Jul 15, 2024
$470,000
Property sold
Days on Market: 20
🏠
Listed for Sale
May 29, 2024
$447,000
Original listing
Agent: Blaze Johnson Office: J. Barrett & Company

Price & Status History

Date Event Price Change
May 29, 2024 New Listing Added $447,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$282

Tax History

Year Taxes Assessment
24 $4,906 $431,100

Financial Details

Annual Property Tax
$4,906
Tax Year 24
HOA Fee
$439
Per month
Assessed Value
$431,100

Listing Information

Listing Agent Blaze Johnson
Listing Office J. Barrett & Company
Agent MLS ID C2444277
Office MLS ID AC1087
Listing Data Updated Jul 15, 2024 12:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Ipswich, MA

Real-time market trends and pricing data for this area

401 Colonial Drive # 47, Ipswich MA 01938 - Photo 1 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 2 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 3 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 4 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 5 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 6 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 7 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 8 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 9 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 10 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 11 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 12 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 13 401 Colonial Drive # 47, Ipswich MA 01938 - Photo 14
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour