400 Colonial Dr # 43, Ipswich MA 01938

Ipswich, MA 01938

$497,500

Beds

Baths

1,221

Sq Ft

$407

Price/Sq Ft

1984

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Mar 27, 2025 • MLS# 73351114 Copied! • Updated Jun 9, 2025

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Sale Statistics

Sale Overview

Original List Price: $419,000

                            Final Sale Price:
                            $497,500
                        

Difference: +$78,500 (+18.7%)

Performance Metrics

118.7%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $343

                            Sale $/sq ft:
                            $407
                        

This property sold for $407 per square foot

Sale Summary

This property sold for 18.7% above the original asking price, indicating strong buyer demand.

With only 4 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

$407/sq ft

Area Median

$379/sq ft

Difference

+7.3%

This property sold slightly above the area median for similar homes.

About this home

Welcome to desirable River Ridge Condominiums! This spacious first-floor, single-level 2-bed, 2-bath condo offers the perfect blend of comfort and convenience. Enjoy private patios off the living room & primary bedroom, ideal for relaxing or entertaining. The open concept living and dining area includes a bar area and a pass-through to the well-appointed kitchen boasting granite countertops, ample cabinet space, and plenty of storage. The generous primary suite includes a walk-in closet and a private bath. Additional highlights include in-unit laundry, a deeded carport parking space, and a basement storage closet. Residents can take advantage of the in-ground pool in the summer, and the pet-friendly policy allows for two pets. Located in Ipswich, this community is close to fantastic restaurants, shops, Crane Beach and the Crane Estate, scenic trails, the Ipswich River for kayaking and canoeing, and the commuter rail to North Station in Boston.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

45.8%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Jun 9, 2025

$497,500

Property sold

Days on Market: 5

🏠

Listed for Sale

Mar 27, 2025

$419,000

Original listing

Agent: Andrea Lacroix Office: Churchill Properties

Previous Transaction - MLS #72295405

Full transaction history available when tracking began

🏷️

Previously Sold

May 16, 2018

$269,500

MLS #72295405

View Listing →

Date	Event	Price	Change	$/sqft	Details
06/09/2025	✓ Sold	$497,500	-	-	Property sold
03/27/2025	🏠 Listed for Sale	$419,000	-	-	Original listing
05/16/2018	🏷️ Previously Sold	$269,500	-	-	MLS #72295405

Tax History

Year	Taxes	Assessment
2025	$4,357	$390,800

Financial Details

Annual Property Tax

$4,357

Tax Year 2025

HOA Fee

$481

Monthly

Assessed Value

$390,800

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1984

Living Area 1,221 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 4

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Laminate

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

Fireplace None

Basement N

Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Patio

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch Patio

Parking

Features Carport, Assigned

Total Spaces 2

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,357

Assessed Value $390,800

HOA & Community

HOA Fee $481 Monthly

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

Amenities Pool, Clubhouse

Optional Fee Includes None

Owner-Occupied Units 85

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 43

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs (3)

County Essex

Total market time (incl. prior listings) 5 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1984

Bedrooms

Full Bathrooms

Living Area

1,221 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Carpet, Laminate

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

Interior Features:

Windows:

Basement: N

Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1984

Structure Type: Garden

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: Patio

Patio & Porch: Patio

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Carport, Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

400 Colonial Dr # 43, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent Andrea Lacroix

Listing Office Churchill Properties

Office Phone 978-626-1685

Agent MLS ID K8000141

Office MLS ID AN3418

Listing Data Updated Jun 9, 2025 3:23 PM EDT

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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