400 Colonial Drive # 11, Ipswich MA 01938

Ipswich, MA 01938

$365,000

Beds

Baths

732

Sq Ft

$499

Price/Sq Ft

1984

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jan 7, 2025 • MLS# 73324020 Copied! • Updated Feb 14, 2025

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Sale Statistics

Sale Overview

Original List Price: $334,000

                            Final Sale Price:
                            $365,000
                        

Difference: +$31,000 (+9.3%)

Performance Metrics

109.3%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $456

                            Sale $/sq ft:
                            $499
                        

This property sold for $499 per square foot

Sale Summary

This property sold for 9.3% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property

$499/sq ft

Area Median

$379/sq ft

Difference

+31.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Beautiful garden-style condo in a great and private location within a sought-after complex. The current seller has made several enhancements to the unit, including a walk-in closet, renovated kitchen cabinets, and an added pantry. The renovated bathroom features an extra storage cabinet. The combination of the living room and dining room has an open floor plan leading to a private patio. Easy access to the association pool and a convenient nearby carport parking spot exists. This unit also comes with an assigned storage unit.Enjoy living in Ipswich, known for its excellent restaurants, hiking trails, and Crane Beach, where you can take advantage of the Ipswich Resident Beach sticker. Additionally, there is easy access to the commuter rail.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

8.5%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Feb 13, 2025

$365,000

Property sold

Days on Market: 6

🏠

Listed for Sale

Jan 7, 2025

$334,000

Original listing

Agent: Blaze Johnson Office: J. Barrett & Company

Date	Event	Price	Change	$/sqft	Details
02/13/2025	✓ Sold	$365,000	-	-	Property sold
01/07/2025	🏠 Listed for Sale	$334,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$3,140	$281,600

Financial Details

Annual Property Tax

$3,140

Tax Year 2025

HOA Fee

$271

Monthly

Assessed Value

$281,600

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1984

Living Area 732 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 2

Interior

Heating Heat Pump, Electric

Cooling Central Air

Flooring Tile, Vinyl, Carpet

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry First Floor, In Unit

Features None

Exterior

Construction Frame

Architecture None

Roof None

Features Porch

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch Porch

Parking

Has Garage Yes

Features Carport, Assigned, Off Street

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $3,140

Assessed Value $281,600

HOA & Community

HOA Fee $271 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Amenities Pool

Optional Fee Includes None

MA Disclosures

Seller Disclosures Possible Special Assessment In 3rd Quarter Of 2025. Please Read Rules And Regs For Pet Policy

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 11

Sq Ft Source Field Card

Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (5)

County Essex

Total market time (incl. prior listings) 6 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1984

Bedrooms

Full Bathrooms

Living Area

732 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: First Floor, In Unit

Security: Intercom

Construction & Materials

Year Built: 1984

Structure Type: Garden

Exterior Materials: Frame

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Carport, Assigned, Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

400 Colonial Drive # 11, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent Blaze Johnson

Listing Office J. Barrett & Company

Office Phone 978-356-3444

Agent MLS ID C2444277

Office MLS ID AC1087

Listing Data Updated Feb 14, 2025 10:06 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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