401 Colonial Dr # 35, Ipswich MA 01938

Ipswich, MA 01938

$505,000

Beds

Baths

1,665

Sq Ft

$303

Price/Sq Ft

1981

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed May 21, 2025 • MLS# 73378081 Copied! • Updated Jun 24, 2025

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Sale Statistics

Sale Overview

Original List Price: $490,000

                            Final Sale Price:
                            $505,000
                        

Difference: +$15,000 (+3.1%)

Performance Metrics

103.1%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $294

                            Sale $/sq ft:
                            $303
                        

This property sold for $303 per square foot

Sale Summary

This property sold for 3.1% above the original asking price, indicating strong buyer demand.

With only 19 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

$303/sq ft

Area Median

$379/sq ft

Difference

20.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Located in the desirable Bayside Village Condominium Complex, close to Ipswich Center and the Commuter Rail, this end unit, 2 bedroom, 1.75 bath has been freshly painted throughout. The main living area consists of a slate tile entry with access to the 1-car garage, and an eat-in kitchen with laundry closet. There are hardwood floors that lead to a separate dining area and a sunken living room complete with a fireplace and soaring ceilings. A patio is just outside the living room through an oversize slider. Up the hardwood stairs you will find 2 newly carpeted bedrooms, a full bath and a second 3/4 bath off of the main bedroom. There is generous storage on this level as well. This unit is ready for a quick close and waiting for your personal touches. Agent is related to the seller.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

Price Range

Total Days on Market

Property Timeline

✓

Sold

Jun 24, 2025

$505,000

Property sold

Days on Market: 21

🏠

Listed for Sale

May 21, 2025

$490,000

Original listing

Agent: Kelly Anne Martinson Office: Churchill Properties

Date	Event	Price	Change	$/sqft	Details
06/24/2025	✓ Sold	$505,000	-	-	Property sold
05/21/2025	🏠 Listed for Sale	$490,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,248	$470,700

Financial Details

Annual Property Tax

$5,248

Tax Year 2025

HOA Fee

$461

Monthly

Assessed Value

$470,700

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1981

Living Area 1,665 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Wood, Tile, Carpet

Appliances Range, Refrigerator, Washer, Dryer

Fireplace None

Fireplaces 1

Basement N

Laundry Laundry Closet, First Floor, In Unit

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Patio

Pool None

Spa None

Fencing None

Patio/Porch Patio

Parking

Garage Spaces 1

Has Garage Yes

Features Attached, Off Street

Total Spaces 2

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,248

Assessed Value $470,700

HOA & Community

HOA Fee $461 Monthly

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

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Offer Deadline Set For Tues 5/27 At 12 Noon

Additional Details

Possession None

Accepted Financing None

Structure Type ["Townhouse"]

Unit/Building 35

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (6)

County Essex

Total market time (incl. prior listings) 21 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1981

Bedrooms

Full Bathrooms

Living Area

1,665 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet

Appliances: Range, Refrigerator, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: Laundry Closet, First Floor, In Unit

Security:

Construction & Materials

Year Built: 1981

Structure Type: Townhouse

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas

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

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 2

Parking Features: Attached, Off Street

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

401 Colonial Dr # 35, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent Kelly Anne Martinson

Listing Office Churchill Properties

Office Phone 978-572-1966

Agent MLS ID C9500293

Office MLS ID AN6958

Listing Data Updated Jun 24, 2025 1:34 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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