500 Colonial Dr # 213, Ipswich MA 01938

Ipswich, MA 01938
$422,250
Est. $2,247/month
2
Beds
2
Baths
1,123
Sq Ft
$376
Price/Sq Ft
1985
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73280326

About this home

Welcome to this pristine one level, 2 bedroom, 2 full bath condominium at River Ridge. Set at the end of a cul-de-sac abutting conservation land in Ipswich, this building is equipped with an elevator that will bring you to this beautifully renovated second floor condo. Step inside to an open concept kitchen with granite counters, stainless steel appliances, upgraded cabinets and a large living/ dining room combination with balcony that overlooks the woods; a primary bedroom with large walk-in closet and ensuite full bath; a second bedroom; and another full bath. This unit has central A/C and washer/ dryer conveniently located in the condo. Association amenities include an outdoor in-ground pool with a clubhouse, nearby conservation walking paths, assigned parking, plenty of guest parking, storage in the lower level and pets allowed. The location is ideal- only minutes to downtown Ipswich, the MBTA commuter rail, highways, parks, the Ipswich River and Crane Beach!

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $422,250
Difference: +$23,250 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $355
Sale $/sq ft: $376
This property sold for $376 per square foot
Sale Summary

This property sold for 5.8% 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

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,123 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Interior Features

Flooring
Tile, Carpet, Wood Laminate
Heating
Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Basement Details
N

Exterior & Structure

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

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Guest

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, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$462
HOA Fee Frequency
Monthly
Association Amenities
Pool, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,229
Tax Year
2024
Tax Assessed Value
$371,600
Parcel Number
1957290
Zoning
1R

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
River Ridge
Common Walls
2+ Common Walls
Attached Property
Yes

Location

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Neighborhood

500 Colonial Dr # 213, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $352
Homeowners Insurance $200
HOA Fee $462
PMI $0

Property History

Market Insights

5.5%
Price Range
20
Total Days on Market

Property Timeline

Sold
Sep 20, 2024
$422,250
Property sold
Days on Market: 20
🏠
Listed for Sale
Aug 21, 2024
$399,000
Original listing
Agent: Leshia Crestin Office: Churchill Properties

Price & Status History

Date Event Price Change
Aug 21, 2024 New Listing Added $399,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$376

Tax History

Year Taxes Assessment
2024 $4,229 $371,600

Financial Details

Annual Property Tax
$4,229
Tax Year 2024
HOA Fee
$462
Monthly
Assessed Value
$371,600

Listing Information

Listing Agent Leshia Crestin
Listing Office Churchill Properties
Agent MLS ID CN223701
Office MLS ID AN3418

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