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5 Lafayette Road, Ipswich MA 01938

Ipswich, MA 01938
$312,000
Est. $2,094/month
4
Beds
2
Baths
1,971
Sq Ft
$158
Price/Sq Ft
0.08
Acres
1900
Year Built
327
Days on Market
Closed Listed Sep 2, 2014 • MLS# 71736217 Copied!

About this home

Opportunity knocks! Owner occupied or investor, this is a great property for you. Great 2 family home located walking distance to the commuter rail, EBSCO and downtown Ipswich. Separate utilities for each unit, on town sewer. New roof, newer furnaces, this home just awaits your personal updates. Owner occupied for over 40 years, with rental income from 1st floor unit. Ipswich is a sought after North Shore community offering beaches (Crane & Pavilion); biking/hiking trails throughout state parks; award wining restaurants; great shopping & schools.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,971 sq ft
Total Rooms
8
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $312,000
Difference: $37,900 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
327
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $178
Sale $/sq ft: $158
This property sold for $158 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

At 327 days on market, this property took longer than average to sell.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 1,971 sq ft
Lot Size 0.08 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Oil
Cooling None, Window Unit(s)
Flooring Wood, Hardwood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Bulkhead
Laundry Electric Dryer Hookup
Features Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Exterior

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

Parking

Features Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces 3

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $3,801
Assessed Value $283,000

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Bulkhead
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Oil
Heating Zones: 2
Cooling: None, Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Shared Driveway, Off Street, Paved

Location

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Neighborhood

5 Lafayette Road, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Nearby Schools

School information not available for this location.

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 $317
Homeowners Insurance $200
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

61%
Price Range
328
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73499232
Full transaction history available when tracking began
🏡
Currently Listed
Apr 9, 2026
$799,000
MLS #73499232 - Active
Previous Transaction - MLS #72223576
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 30, 2017
$391,420
MLS #72223576
Sold
Jul 27, 2015
$312,000
Property sold
Days on Market: 328
🏠
Listed for Sale
Sep 2, 2014
$337,900
Original listing
Agent: Andrea Lacroix Office: Windhill Realty, LLC

Price & Status History

Date Event Price Change
Apr 10, 2026 Sold $799,000
Oct 30, 2017 Sold $391,420
Sep 2, 2014 New Listing Added $337,900

Market Statistics

Days on Market
327 days
Price per Sq Ft
$158

Tax History

Year Taxes Assessment
2014 $3,801 $283,000

Financial Details

Annual Property Tax
$3,801
Tax Year 2014
Assessed Value
$283,000

Listing Information

Listing Agent Andrea Lacroix
Listing Office Windhill Realty, LLC
Agent MLS ID K8000141
Office MLS ID C95171
Listing Data Updated Jul 27, 2015 8:26 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

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