5 Town Farm Rd, Ipswich MA 01938

Ipswich, MA 01938
$545,000
Est. $2,901/month
3
Beds
1
Baths
1,340
Sq Ft
$407
Price/Sq Ft
0.50
Acres
1920
Year Built
Single Family Residence
Type
21
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73213985

About this home

This lovely family home provides a great opportunity to own a piece of historic and beautiful Ipswich and the chance to display your own personal design style while maximizing the full potential of this property. Set on a level and spacious half acre lot the possibilities are endless. The first floor provides a bright and open living area with a good-sized living room, dining room, kitchen, and a full bathroom with laundry. The second floor consists of one large bedroom and two additional ample sized bedrooms. This convenient location is situated close to the shops and restaurants of downtown Ipswich, Ipswich Schools, the MBTA Commuter Rail and provides easy access to Ipswich’s gorgeous beaches as well. Showings begin at Open House Thursday March 20th from 4:30-6:00pm. Offers, if any, due Tuesday March 26th by 5:00pm.

Sale Statistics

Sale Overview
Original List Price: $579,000
Final Sale Price: $545,000
Difference: $34,000 (-5.9%)
Performance Metrics
94.1%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $432
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 5.9% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Living Area
1,340 sq ft
Total Rooms
6

Interior Features

Heating
Forced Air, Oil, Ductless
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator
Laundry Features
First Floor
Basement Details
Partial, Bulkhead

Exterior & Structure

Architectural Style
Colonial
Foundation
Block, Granite
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.50 acres
Lot Size
21,700 sq ft
Lot Size Area
0.5000
Lot Features
Level

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Other

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,211
Tax Year
2024
Tax Assessed Value
$545,800
Tax Lot
3
Tax Map Number
30D
Parcel Number
1954868
Zoning
RRA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Seller to connect to city sewer prior to closing.

Location

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Neighborhood

5 Town Farm Rd, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $518
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.9%
Price Range
23
Total Days on Market

Property Timeline

Sold
May 10, 2024
$545,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Mar 19, 2024
$579,000
Original listing
Agent: Mark Ventimiglia Office: Vadala Real Estate

Price & Status History

Date Event Price Change
Mar 19, 2024 New Listing Added $579,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2024 $6,211 $545,800

Financial Details

Annual Property Tax
$6,211
Tax Year 2024
Assessed Value
$545,800

Listing Information

Listing Agent Mark Ventimiglia
Listing Office Vadala Real Estate
Agent MLS ID C8000901
Office MLS ID C95600

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