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401 Colonial Drive # 50, Ipswich MA 01938

Ipswich, MA 01938
$630,000
Est. $4,356/month
3
Beds
2.5
Baths
1,800
Sq Ft
$350
Price/Sq Ft
0
Lot Sq Ft
1981
Year Built
23
Days on Market
Closed Listed Aug 3, 2024 • MLS# 73273375 Copied!

About this home

Lovely 3-bedroom end-unit Town House in desirable Bayside Village. Completely renovated and recently painted throughout, this spacious condo features a step-down fireplaced living room with vaulted beamed ceiling and double sliders to private deck overlooking 40 acres of conservation forest. Separate Dining area and a completely updated custom kitchen with granite counter tops and peninsula for eat-in area. SS appliances and gas stove, large closet/pantry and extended custom cabin cabinets complete the ideal kitchen. Primary bedroom offers double closets en-suite full bath, double vanity sinks, and separate bath/shower as well as the convenience of a washer and dryer. Other features include an attached one-car garage with storage/work area, and central air, Pets are welcome (one dog/ one indoor cat). Walking distance to downtown Ipswich for shopping, restaurants, and MBTA commuter rail. Kayaking/canoeing, hiking many trails and Crane Beach all offer the feel of a vacation home.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1981
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,800 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $630,000
Final Sale Price: $630,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $350
Sale $/sq ft: $350
This property sold for $350 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 23 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
$350/sq ft
Area Average
$429/sq ft
Difference
18.4%

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 1,800 sq ft
Lot Size 0.00
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Dryer Hookup - Dual, Washer Hookup, Second Floor
Features Walk-up Attic

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 2

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,742
Assessed Value $504,600

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Walk-up Attic
Windows: Insulated Windows
Basement: N
Laundry: Dryer Hookup - Dual, Washer Hookup, Second Floor
Security:

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

401 Colonial Drive # 50, 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

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 $479
Homeowners Insurance $200
HOA Fee $492/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

56
Total Days on Market

Property Timeline

Sold
Sep 27, 2024
$630,000
Property sold
Days on Market: 56
🏠
Listed for Sale
Aug 3, 2024
$630,000
Original listing
Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Aug 3, 2024 New Listing Added $630,000

Market Statistics

Days on Market
23 days
Price per Sq Ft
$350

Tax History

Year Taxes Assessment
2024 $5,742 $504,600

Financial Details

Annual Property Tax
$5,742
Tax Year 2024
HOA Fee
$492
Monthly
Assessed Value
$504,600

Listing Information

Listing Office J. Barrett & Company
Agent MLS ID C8002940
Office MLS ID AC1087
Listing Data Updated Sep 27, 2024 10:51 AM 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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