500 Colonial Dr # 5, Ipswich MA 01938

Ipswich, MA 01938

$270,000

Beds

Baths

1,113

Sq Ft

$243

Price/Sq Ft

1985

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Aug 22, 2019 • MLS# 72553452 Copied! • Updated Oct 11, 2019

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Sale Statistics

Sale Overview

Original List Price: $280,000

                            Final Sale Price:
                            $270,000
                        

Difference: $10,000 (-3.6%)

Performance Metrics

96.4%

List to Sale Ratio

Sold below asking price

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $252

                            Sale $/sq ft:
                            $243
                        

This property sold for $243 per square foot

Sale Summary

This property sold for 3.6% below the original asking price.

The property spent 49 days on market before selling.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property

$243/sq ft

Area Median

$382/sq ft

Difference

36.4%

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

About this home

Wonderful OPEN CONCEPT condominium at River Ridge in Ipswich. This 2 bed 2 full bath GROUND Floor unit, is located in the back of last building of this complex with COVERED PATIO (NOT included in sq. ft.) enough space for a couple of chairs and a side table! Beautiful landscaping and close to POOL and CLUBHOUSE. Master bedroom with ENSUITE BATH & a generous WALK-IN closet. CENTRAL AIR and WASHER and DRYER in unit. One assigned parking space and also guest parking. CARPET in Living/Dining area replaced 2016, WINDOWS replaced 2005, HW HEATER replaced 2 years ago, FRESHLY PAINTED Master BEDROOM. Close to town, TRAIN, restaurants, shops and CRANE'S BEACH ($20 parking sticker per year). You won't want to miss this one!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

33.3%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73480239

Full transaction history available when tracking began

🏷️

Previously Sold

May 22, 2026

$405,000

MLS #73480239

View Listing →

✓

Sold

Oct 11, 2019

$270,000

Property sold

Days on Market: 32

🏠

Listed for Sale

Aug 22, 2019

$280,000

Original listing

Agent: Andrea Della Valle Office: Windhill Realty, LLC

Date	Event	Price	Change	$/sqft	Details
05/22/2026	🏷️ Previously Sold	$405,000	-	-	MLS #73480239
10/11/2019	✓ Sold	$270,000	-	-	Property sold
08/22/2019	🏠 Listed for Sale	$280,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2019	$3,050	$216,500

Financial Details

Annual Property Tax

$3,050

Tax Year 2019

HOA Fee

$375

Monthly

Assessed Value

$216,500

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1985

Living Area 1,113 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 4

Interior

Heating Heat Pump, Electric

Cooling Central Air, Heat Pump

Flooring Tile, Carpet

Appliances Range, Dishwasher, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry In Unit, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Patio

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch Patio

Parking

Features Off Street, Assigned, Guest

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,050

Assessed Value $216,500

HOA & Community

HOA Fee $375 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Hot Water, Pool, Clubhouse

Optional Fee Includes None

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures Association Currently Has A Vote Pending To Go Smoke Free For Both Indoor And Outdoor Space, Vote To Be Tallied In October. Both Cats And Dogs Allowed 1 Of Each Or 2 Max, See Rules And Regulations For Pet Policy. See Sellers Statement Attached.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 5

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)

County Essex

Total market time (incl. prior listings) 32 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1985

Bedrooms

Full Bathrooms

Living Area

1,113 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Carpet

Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1985

Structure Type: Garden

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric

Cooling: Central Air, Heat Pump

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Patio

Patio & Porch: Patio

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street, Assigned, Guest

Nearby Schools

School information not available for this location.

Location

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Neighborhood

500 Colonial Dr # 5, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Office Windhill Realty, LLC

Office Phone 978-356-8922

Agent MLS ID CN222523

Office MLS ID C95171

Listing Data Updated Oct 11, 2019 11:14 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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