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500 Colonial Dr # 3, Ipswich MA 01938

Ipswich, MA 01938
$310,000
Est. $2,279/month
1
Beds
1
Baths
780
Sq Ft
$397
Price/Sq Ft
1985
Year Built
20
Days on Market
Closed Listed Jun 22, 2021 • MLS# 72853930 Copied!

About this home

Welcome home to this beautifully updated first floor condo! This home features an open concept layout, updated kitchen with stainless appliances and granite counters, recessed lighting, highly durable vinyl plank flooring, in unit laundry, huge main bedroom closet, and outdoor access to a private patio! Storage unit is located directly across the hall as well. Association inground pool and clubhouse also offer great options for relaxing. Located near the train station and downtown for easy commuter access and shopping, as well as fantastic restaurants. Crane's Beach is a 15 min drive, local conservation land offers biking and hiking trails, and nearby canoe launch for the Ipswich River. Complex is well maintained professionally, pet friendly, and a perfect opportunity to own instead of renting! Schedule a private appointment today.

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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: $280,000
Final Sale Price: $310,000
Difference: +$30,000 (+10.7%)
Performance Metrics
110.7%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $397
This property sold for $397 per square foot
Sale Summary

This property sold for 10.7% above the original asking price, indicating strong buyer demand.

With only 20 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 Electric
Cooling Central Air
Flooring Tile, Vinyl / Vct
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

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

Parking

Features Off Street, Assigned, Deeded, Common, Guest, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $2,663
Assessed Value $201,400

Interior Features

Flooring: Tile, Vinyl / VCT
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Professional Landscaping
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Deeded, Common, Guest, Paved

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 $222
Homeowners Insurance $200
HOA Fee $290/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

33.8%
Price Range
22
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
Sold
Aug 16, 2021
$310,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jun 22, 2021
$280,000
Original listing
Agent: Ryan Gagne Office: Cameron Real Estate Group
Previous Transaction - MLS #72603766
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2020
$235,000
MLS #72603766

Price & Status History

Date Event Price Change
Feb 5, 2026 Sold $354,900
Jun 22, 2021 New Listing Added $280,000
Mar 31, 2020 Sold $235,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$397

Tax History

Year Taxes Assessment
2021 $2,663 $201,400

Financial Details

Annual Property Tax
$2,663
Tax Year 2021
HOA Fee
$290
Monthly
Assessed Value
$201,400

Listing Information

Listing Office Cameron Real Estate Group
Agent MLS ID CN241233
Office MLS ID AC0756
Listing Data Updated Aug 30, 2021 8:34 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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