12 Cleveland Ave # 2, Ipswich MA 01938

Ipswich, MA 01938
$480,000
Est. $2,555/month
3
Beds
1
Baths
1,055
Sq Ft
$455
Price/Sq Ft
1977
Year Built
Condominium
Type
13
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73244217

About this home

Rare opportunity in Ipswich for a lucky buyer! This 3-bedroom duplex on a tree-lined street in Central Ipswich lives like a single-family home. Bright and open, the 1st floor offers a good-size kitchen and large open dining-living area. 3 bedrooms on the 2nd floor include a large primary and full bath. It's the perfect starter home and will also appeal to commuters or investors! Enjoy your morning coffee on the deck overlooking the beautiful fenced and private yard. Take in the stars at your firepit. The unfinished basement offers laundry facilities and great potential for a gym, crafts, etc. All this and everything Ipswich has to offer: Crane Beach, conservation trails, great shopping, dining, and easy access to the commuter rail. Low condo fee includes insurance and water/sewer and can vary from month to month.

Sale Statistics

Sale Overview
Original List Price: $409,000
Final Sale Price: $480,000
Difference: +$71,000 (+17.4%)
Performance Metrics
117.4%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $388
Sale $/sq ft: $455
This property sold for $455 per square foot
Sale Summary

This property sold for 17.4% above the original asking price, indicating strong buyer demand.

With only 13 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
1977
Bedrooms
3
Full Bathrooms
1
Living Area
1,055 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Deck, Deck - Composite, Fenced Yard, Garden, Rain Gutters
Patio/Porch Features
Deck, Deck - Composite
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Assigned, Paved

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station
HOA Fee
$133
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,680
Tax Year
2024
Tax Assessed Value
$323,400
Parcel Number
M:41B B:0063 L:002,4517683
Zoning
1R

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
10-12 Cleveland Avenue Condominium
Common Walls
End Unit
Attached Property
Yes
Disclosures
Dishwasher is only partially functional. One burner on stove not working. Occasional seepage on basement walls on extremely rainy days. Condo fee based on total annual insurance & water (est) divided by 12. Owners split insurance 5x annually & water monthly
Exclusions
Curtains Belong To The Tenant - Only The Rods Will Be Sold With The Property

Location

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Neighborhood

12 Cleveland Ave # 2, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

Middle School
Ipswich Ms
Rating information coming soon
High School
Ipswich Hs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $307
Homeowners Insurance $200
HOA Fee $133
PMI $0

Property History

Market Insights

14.8%
Price Range
14
Total Days on Market

Property Timeline

Sold
Jul 10, 2024
$480,000
Property sold
Days on Market: 14
🏠
Listed for Sale
May 29, 2024
$409,000
Original listing
Agent: Nancy Peterson Office: J. Barrett & Company

Price & Status History

Date Event Price Change
May 29, 2024 New Listing Added $409,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$455

Tax History

Year Taxes Assessment
2024 $3,680 $323,400

Financial Details

Annual Property Tax
$3,680
Tax Year 2024
HOA Fee
$133
Monthly
Assessed Value
$323,400

Listing Information

Listing Agent Nancy Peterson
Listing Office J. Barrett & Company
Agent MLS ID CN230395
Office MLS ID AC2087

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