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59 South Main St # 1, Ipswich MA 01938

Ipswich, MA 01938
$205,000
Est. $1,505/month
1
Beds
1
Baths
456
Sq Ft
$450
Price/Sq Ft
1716
Year Built
17
Days on Market
Closed Listed Oct 6, 2022 • MLS# 73043706 Copied!

About this home

Rare opportunity to live in Ipswich. Riverfront first floor, one bedroom condo zoned central business that allows for residential or commercial use. Architectural details abound w/dentil crown molding, marble hearth fireplace, built in bookcase hailing from earlier days of master carpentry. Wood floors, galley kitchen, pantry, mini-split wall unit provides supplemental heating and AC, gas/forced hot air heat and 3/4 bath found therein. Open concept living space and ideal as a pied a terre, second home or entry level housing. Spacious storage locker in lower level and assigned parking space. Additional parking across in public lot if needed or at the fish ladder next to driveway. Use of front hall is designated for this first floor garden style unit. Great bay windows/shades to remain. Conveniently located for access to Riverwalk, commuter rail, Crane Beach, Castle Hill, local museums and town amenities. Move in condition. A must see! All offers, if any, due 10/10 by 6 pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1716
Bedrooms
1
Full Bathrooms
1
Living Area
456 sq ft
Total Rooms
3
Stories
1
Entry Level
1
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $189,900
Final Sale Price: $205,000
Difference: +$15,100 (+8.0%)
Performance Metrics
108.0%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $416
Sale $/sq ft: $450
This property sold for $450 per square foot
Sale Summary

This property sold for 8.0% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$450/sq ft
Area Average
$556/sq ft
Difference
19.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1716
Living Area 456 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Flooring Hardwood
Appliances Range, Disposal, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry None
Features Internet Available - Unknown

Exterior

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

Parking

Features None

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $1,726
Assessed Value $134,200

Interior Features

Flooring: Hardwood
Appliances: Range, Disposal, Refrigerator
Interior Features: Internet Available - Unknown
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1716
Effective Year (Renovated): 2003
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Waterfront: Yes
Waterfront Type: Waterfront, Bay, Ocean, River, Sound, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, House of Worship, Public School, T-Station

Location

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Neighborhood

59 South Main St # 1, 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

1 school
A-
Winthrop School
0.3 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
M

Middle Schools

1 school
A-
Ipswich Middle School
1.1 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
1.1 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
Learn about these ratings

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 $144
Homeowners Insurance $200
HOA Fee $125/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

28.6%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73470297
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2026
$266,100
MLS #73470297
Sold
Nov 17, 2022
$205,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Oct 6, 2022
$189,900
Original listing
Agent: Ingrid F. Miles Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Mar 31, 2026 Sold $266,100
Oct 6, 2022 New Listing Added $189,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$450

Tax History

Year Taxes Assessment
2022 $1,726 $134,200

Financial Details

Annual Property Tax
$1,726
Tax Year 2022
HOA Fee
$125
Monthly
Assessed Value
$134,200

Listing Information

Listing Office Keller Williams Realty Evolution
Agent MLS ID C1003964
Office MLS ID AN6886
Listing Data Updated Nov 17, 2022 1:47 PM EST
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

Real-time market trends and pricing data for this area

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