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500 Colonial Drive # 214, Ipswich MA 01938

Ipswich, MA 01938
$405,000
Est. $2,156/month
2
Beds
2
Baths
1,110
Sq Ft
$365
Price/Sq Ft
1985
Year Built
Condominium
Type
17
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73333101

About this home

This spacious two-bedroom, two full-bath condo is in a fantastic location and has a vibrant community. The unit offers great potential. It has a full-size wash/dryer left as gifts. Elevator in building for easy access to unit and basement. HVAC is only two years old. Enjoy the charming balcony—perfect for morning coffee or an evening cocktail. The kitchen features a stainless-steel dishwasher, range, microwave, and even a garbage disposal. Additional storage in the basement provides space for bikes and more. Enjoy hanging out by the pool this summer! Located at the end of a cul-de-sac in a well-managed condo association, this home offers the opportunity to become an Ipswich resident, secure a beach pass and experience all that Ipswich has to offer year-round. Sunday O/H Cancelled: Monday 3:30-5:30pm Commuter O/H.

Sale Statistics

Sale Overview
Original List Price: $379,900
Final Sale Price: $405,000
Difference: +$25,100 (+6.6%)
Performance Metrics
106.6%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $365
This property sold for $365 per square foot
Sale Summary

This property sold for 6.6% 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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,110 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Interior Features

Flooring
Tile, Vinyl, Carpet
Heating
Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Washer, Dryer
Interior Features
Storage
Laundry Features
Main Level, Electric Dryer Hookup, Washer Hookup, First 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
Ocean, River, Unknown To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, 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
Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, Public School, T-Station
HOA Fee
$477
HOA Fee Frequency
Monthly
Association Amenities
Pool, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,025
Tax Year
2025
Tax Assessed Value
$361,000
Parcel Number
1957291
Zoning
1R

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
River Ridge
Attached Property
Yes
Disclosures
Does not include a refrigerator. Selling as is, any home inspection will be for information only.
Listing Terms
Contract

Location

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Neighborhood

500 Colonial Drive # 214, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

High School
Ihs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $335
Homeowners Insurance $200
HOA Fee $477
PMI $0

Property History

Market Insights

6.2%
Price Range
18
Total Days on Market

Property Timeline

✓
Sold
Apr 1, 2025
$405,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Feb 6, 2025
$379,900
Original listing
Agent: Terri Sheppard Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Feb 6, 2025 New Listing Added $379,900 —

Market Statistics

Days on Market
17 days
Price per Sq Ft
$365

Tax History

Year Taxes Assessment
2025 $4,025 $361,000

Financial Details

Annual Property Tax
$4,025
Tax Year 2025
HOA Fee
$477
Monthly
Assessed Value
$361,000

Listing Information

Listing Agent Terri Sheppard
Listing Office J. Barrett & Company
Agent MLS ID G8002137
Office MLS ID AC1087

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