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5 Lafayette Rd, Ipswich MA 01938

Ipswich, MA 01938
$391,420
Est. $2,554/month
5
Beds
2
Baths
1,971
Sq Ft
$199
Price/Sq Ft
0.08
Acres
1900
Year Built
6
Days on Market
Closed Listed Sep 6, 2017 • MLS# 72223576 Copied!

About this home

Great 2 family that is extremely convenient to the commuter rail, EBSCO and downtown Ipswich! Both units have hardwood floors, in unit washer and dryers, and separate utilities. The unit on the first level has a living room, large eat in kitchen, two generously sized bedrooms, and a full bathroom. The second unit begins on the second level and has a living room, dining room, large eat in kitchen, a bedroom, and a full bathroom. The top level has two more good sized bedrooms. Ipswich is a sought after North Shore community offering beaches (Crane & Pavilion), biking/hiking trails throughout state parks, award winning restaurant, great shopping, and schools. This 2 family is a fantastic opportunity in an excellent location!

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
1,971 sq ft
Total Rooms
8
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $374,900
Final Sale Price: $391,420
Difference: +$16,520 (+4.4%)
Performance Metrics
104.4%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $190
Sale $/sq ft: $199
This property sold for $199 per square foot
Sale Summary

This property sold for 4.4% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

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 5
Full Baths 2
Total Rooms 8

Interior

Heating Oil
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Unfinished
Laundry None
Features Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room

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 None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,500
Assessed Value $317,100

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
Windows:
Basement: Unfinished
Laundry:
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
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
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 Rd, 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 $375
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
7
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
Sold
Oct 30, 2017
$391,420
Property sold
Days on Market: 7
🏠
Listed for Sale
Sep 6, 2017
$374,900
Original listing
Agent: Shane Small Office: Redfin Corp.
Previous Transaction - MLS #71736217
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 27, 2015
$312,000
MLS #71736217

Price & Status History

Date Event Price Change
Apr 10, 2026 Sold $799,000
Sep 6, 2017 New Listing Added $374,900
Jul 27, 2015 Sold $312,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$199

Tax History

Year Taxes Assessment
2017 $4,500 $317,100

Financial Details

Annual Property Tax
$4,500
Tax Year 2017
Assessed Value
$317,100

Listing Information

Listing Agent Shane Small
Listing Office Redfin Corp.
Agent MLS ID CN214136
Office MLS ID NB3534
Listing Data Updated Oct 30, 2017 3:41 PM 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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