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400 Colonial Dr # 43, Ipswich MA 01938

Ipswich, MA 01938
$497,500
2
Beds
2
Baths
1,221
Sq Ft
$407
Price/Sq Ft
1984
Year Built
2
Parking
4
Days on Market
Closed Listed Mar 27, 2025 • MLS# 73351114 Copied! • Updated Jun 9, 2025

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
4
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.

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.

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Recently Sold Nearby

Property History

Market Insights

45.8%
Price Range
5
Total Days on Market
1
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

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
Features Carport, Assigned
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
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
Seller Disclosures None
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
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
2
Living Area
1,221 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Dining Room
Flooring - Wall to Wall Carpet, Exterior Access, Open Floorplan
Kitchen
Flooring - Laminate, Countertops - Stone/Granite/Solid
Bathroom2
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Bedroom2
Closet, Flooring - Wall to Wall Carpet
Living Room
Flooring - Wall to Wall Carpet, Open Floorplan
Master Bedroom
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Flooring - Laminate

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

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.

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