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500 Colonial Drive # 301, Ipswich MA 01938

Ipswich, MA 01938
$401,000
Est. $2,134/month
1
Beds
1
Baths
787
Sq Ft
$510
Price/Sq Ft
0.00
Acres
1985
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73238291

About this home

Welcome to this pristine top floor one bedroom corner unit at River Ridge in Ipswich! Take the elevator up to see this beautifully renovated condo with great attention to detail and craftsmanship. Enjoy cooking your meals in the gorgeous new kitchen with quartz countertops and stainless steel appliances. Updates also include luxury vinyl flooring, new carpet, freshly painted walls, a new bathroom, lighting fixtures, and more!! Sit out on your balcony and enjoy the nestled wooded surroundings or cool off inside with the central air. Association amenities include an outdoor in-ground pool with a clubhouse and nearby conservation walking paths. Assigned parking, pets allowed, and in unit laundry. The location is fantastic! Close to historic downtown Ipswich, the MBTA commuter rail, fine dining establishments, and Crane’s beach. Private showings Sunday 1:00-2:00. OFFER DEADLINE Sunday @ 5:00pm

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $401,000
Difference: +$51,100 (+14.6%)
Performance Metrics
114.6%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $510
This property sold for $510 per square foot
Sale Summary

This property sold for 14.6% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
787 sq ft
Total Rooms
3
Stories
3
Entry Level
3

Interior Features

Flooring
Tile, Vinyl, Carpet
Heating
Central, Forced Air, Heat Pump
Has Heating
Yes
Cooling
Central Air, Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Common Area, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
N

Exterior & Structure

Roof
Shingle
Exterior Features
Balcony
Has Spa
No
Pool Features
Association, In Ground
Waterfront Features
Ocean, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.00 acres
Lot Size
0 sq ft
Lot Size Area
0.0000

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Assigned

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Walk/Jog Trails, Conservation Area, Public School, T-Station
HOA Fee
$375
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Elevator(s), Trail(s), Clubhouse
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,108
Tax Year
2023
Tax Assessed Value
$282,100
Tax Lot
301
Tax Block
047
Tax Map Number
53B
Parcel Number
1957273
Zoning
IR

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
River Ridge Of Ipswich
Common Walls
No One Above, Corner
Disclosures
Please refer to addendum.

Location

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Neighborhood

500 Colonial Drive # 301, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

Elementary School
Winthrop School
Rating information coming soon
Middle School
Ipswich Middle
Rating information coming soon
High School
Ipswich High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $259
Homeowners Insurance $200
HOA Fee $375
PMI $0

Property History

Market Insights

12.7%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Jul 3, 2024
$401,000
Property sold
Days on Market: 5
🏠
Listed for Sale
May 15, 2024
$349,900
Original listing
Agent: Karen Cronin Office: eXp Realty

Price & Status History

Date Event Price Change
May 15, 2024 New Listing Added $349,900 —

Market Statistics

Days on Market
16 days
Price per Sq Ft
$510

Tax History

Year Taxes Assessment
2023 $3,108 $282,100

Financial Details

Annual Property Tax
$3,108
Tax Year 2023
HOA Fee
$375
Monthly
Assessed Value
$282,100

Listing Information

Listing Agent Karen Cronin
Listing Office eXp Realty
Agent MLS ID CN256437
Office MLS ID AC0342

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