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500 Colonial Dr # 3, Ipswich MA 01938

Ipswich, MA 01938
$235,000
Est. $1,871/month
1
Beds
1
Baths
780
Sq Ft
$301
Price/Sq Ft
1985
Year Built
18
Days on Market
Closed Listed Jan 2, 2020 • MLS# 72603766 Copied!

About this home

Walk home from the train or park your car in the assigned parking. Home is well laid out ground floor unit. Relax the evening away at the association pool, your private walk out patio, or the area amenities like the canoeing location, the walking/ biking trails or the nearby bustling downtown. Shady Creek Conservation lands abutt the property. Crane's Beach is a 15 min drive. Have guests park in the ample guest parking and watch the game in the oversized living room. Meal prep is a breeze in the up to date kitchen. Laundry in unit and coin op just down the hall near the elevator. All appliances remain. Storage room directly opposite the unit. Professionally managed, this complex is pet-friendly and well maintained- all for a low fee. OH Sat 11-1 Sun 1-3.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
780 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $224,900
Final Sale Price: $235,000
Difference: +$10,100 (+4.5%)
Performance Metrics
104.5%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $288
Sale $/sq ft: $301
This property sold for $301 per square foot
Sale Summary

This property sold for 4.5% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 780 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Patio
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, Washer Hookup

Financial

Annual Tax $2,349
Assessed Value $166,700

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Garden
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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

Location

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Neighborhood

500 Colonial Dr # 3, 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

2 schools
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
A
Paul F Doyon Memorial School
2.2 mi | #90 of 824 | Score: 59.8
Improved 33 spots from last year
+1.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

1 school
A-
Ipswich Middle School
1.4 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
1.4 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
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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 $196
Homeowners Insurance $200
HOA Fee $287/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

36.6%
Price Range
19
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73443521
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 5, 2026
$354,900
MLS #73443521
Previous Transaction - MLS #72853930
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 16, 2021
$310,000
MLS #72853930
Sold
Mar 31, 2020
$235,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jan 2, 2020
$224,900
Original listing
Agent: The Mary Scimemi Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Feb 5, 2026 Sold $354,900
Aug 16, 2021 Sold $310,000
Jan 2, 2020 New Listing Added $224,900

Market Statistics

Days on Market
18 days
Price per Sq Ft
$301

Tax History

Year Taxes Assessment
2019 $2,349 $166,700

Financial Details

Annual Property Tax
$2,349
Tax Year 2019
HOA Fee
$287
Monthly
Assessed Value
$166,700

Listing Information

Listing Agent The Mary Scimemi Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM325754
Office MLS ID AN4646
Listing Data Updated Apr 1, 2020 12:54 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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Market Analytics for Ipswich, MA

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