500 Colonial Drive # 3, Ipswich MA 01938

Ipswich, MA 01938
$354,900
1
Beds
1
Baths
780
Sq Ft
$455
Price/Sq Ft
1985
Year Built
1
Parking
74
Days on Market
Sold Listed Oct 14, 2025 • MLS# 73443521 Copied! • Updated Feb 7, 2026

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Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $354,900
Difference: $15,000 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
74
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $474
Sale $/sq ft: $455
This property sold for $455 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

The property spent 74 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$455/sq ft
Area Median
$379/sq ft
Difference
+19.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Nicely updated first level Garden Style Condo features 1 bedroom, living room/dining area combination, a large Bedroom with large walk in closet, and a beautifully remodeled kitchen with maple cabinetry, granite counters, and Stainless Steel appliances. The living room has a walk out to your own patio and common lawn area. There is highly durable Vinyl plank flooring, recessed lighting, in unit laundry. There is a nicely updated bath with oversized shower . Your storage unit is directly across the hall. Great options to relax with clubhouse and in ground pool. Located near the train and downtown with easy commuter access, shopping, and nice restaurants. Cranes Beach is a 15 minute ride and offers biking, hiking trails, conservation land, and nearby canoe launch for Ipswich River access. Well maintained Complex that is Pet friendly . Why rent when you can buy? See it today.

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Recently Sold Nearby

Property History

Market Insights

33.8%
Price Range
2
Previous Sales

Property Timeline

Pending Sale
Dec 16, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Oct 15, 2025
$354,900
Original listing
Agent: James Joly Office: Boardwalk Real Estate
🏠
Listed for Sale
Oct 15, 2025
$354,900
Original listing
Agent: James Joly Office: Boardwalk Real Estate
🏠
Listed for Sale
Oct 15, 2025
$354,900
Original listing
Previous Transaction - MLS #72853930
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 16, 2021
$310,000
MLS #72853930
Previous Transaction - MLS #72603766
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2020
$235,000
MLS #72603766

Tax History

Year Taxes Assessment
2025 $3,818 $342,400

Financial Details

Annual Property Tax
$3,818
Tax Year 2025
HOA Fee
$393
Monthly
Assessed Value
$342,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 780 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Vinyl, Vinyl / Vct
Appliances Range, Dishwasher, 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, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio
Features Off Street, Assigned, Deeded, Common, Guest, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $3,818
Assessed Value $342,400

HOA & Community

HOA Fee $393 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Pool, Elevator(s), Tennis Court(s), Clubhouse
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Stove Oven Needs Service. Up To 2 Pets. Birds Are Not Allowed.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Sq Ft Disclosures some below grade because is a walk out
Documents None
County Essex
Total market time (incl. prior listings) 77 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
780 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Vinyl / VCT
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Professional Landscaping
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Deeded, Common, Guest, Paved
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
E

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
M

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
H

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 # 3, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent James Joly
Listing Office Boardwalk Real Estate
Office Phone 781-944-7820
Agent MLS ID B0429250
Office MLS ID B30601
Listing Data Updated Feb 7, 2026 9:01 AM EST
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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