FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
500 Colonial Drive # 214, Ipswich MA 01938
Ipswich, MA 01938
$405,000
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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.
Nearby Sales Comparison
Based on 4 similar properties sold within 0.5 miles in the last 90 days
This Property
$365/sq ft
Area Median
$379/sq ft
Difference
3.8%
This property sold near the area median for similar homes.
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.
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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/01/2025 | ✓ Sold | $405,000 | - | - | Property sold |
| 02/06/2025 | 🏠 Listed for Sale | $379,900 | - | - | Original listing |
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
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1985
Living Area
1,110 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Electric
Cooling
Central Air
Flooring
Tile, Vinyl, Carpet
Appliances
Range, Dishwasher, Microwave, Washer, Dryer
Fireplace
None
Basement
N
Laundry
Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features
Storage
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony
Pool
Association, In Ground
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Guest
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,025
Assessed Value
$361,000
HOA & Community
HOA Fee
$477 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities
Pool, Elevator(s)
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Does Not Include A Refrigerator. Selling As Is, Any Home Inspection Will Be For Information Only.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Mid-Rise"]
Unit/Building
214
Sq Ft Source
Field Card
Sq Ft Disclosures
Buyer Should Verify sq. ftg.
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Total market time (incl. prior listings)
18 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,110 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,110 sq ft above grade
Dimensions7.1 x 10.7
FeaturesFlooring - Vinyl, Countertops - Upgraded
LevelFirst
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
Dimensions10.3 x 11.8
FeaturesCloset, Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup
LevelFirst
Dimensions19.5 x 13.6
FeaturesFlooring - Wall to Wall Carpet, Window(s) - Picture, Balcony / Deck, Balcony - Exterior, High Speed Internet Hookup
LevelFirst
Dimensions16.6 x 12.7
FeaturesWalk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture
LevelFirst
FeaturesNo
Display Options
Outdoor Areas
PoolAssociation, In Ground
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl, Carpet
Appliances:
Range, Dishwasher, Microwave, Washer, Dryer
Interior Features:
Storage
Windows:
Basement:
N
Laundry:
Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:
Intercom
Construction & Materials
Year Built:
1985
Structure Type:
Mid-Rise
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Electric
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Guest
Nearby Schools
School District
Ipswich School District local
A-
School Safety
2024-25
0.9%
Low
0.9%
Suspensions
0.8%
In-School
4.6% below state avg
Elementary Schools
2 schools
A-
Winthrop School
0.9 mi
|
#197 of 824
|
Score: 55.2
Dropped 158 spots from last year
-3.1 below state avg
373 students
Moderate
Strong Attendance
Grades PK-05
A
Paul F Doyon Memorial School
2.2 mi
|
#90 of 824
|
Score: 59.8
Improved 33 spots from last year
+1.6 above state avg
366 students
Moderate
Rising School
Strong Attendance
Grades PK-05
Middle Schools
1 school
A-
Ipswich Middle School
1.4 mi
|
#93 of 352
|
Score: 50.4
Improved 8 spots from last year
-7.8 below state avg
377 students
Moderate
Strong Attendance
Grades 06-08
High Schools
1 school
A+
Ipswich High School
1.4 mi
|
#36 of 346
|
Score: 69.6
Improved 26 spots from last year
+11.4 above state avg
447 students
Moderate
19 sports
• 1,184 athletes
Strong AP Program
High Graduation Rate
Rising School
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
500 Colonial Drive # 214, Ipswich MA 01938
Ipswich, MA 01938
Listing Information
Listing Agent
Terri Sheppard
Listing Office
J. Barrett & Company
Office Phone
978-356-3444
Agent MLS ID
G8002137
Office MLS ID
AC1087
Listing Data Updated
Apr 1, 2025 10:56 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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