BMN Boston

Get our mobile app!

Download on the App Store

500 Colonial Dr # 5, Ipswich MA 01938

Ipswich, MA 01938
$405,000
2
Beds
2
Baths
1,113
Sq Ft
$364
Price/Sq Ft
1985
Year Built
2
Parking
35
Days on Market
Closed Listed Feb 25, 2026 • MLS# 73480239 Copied! • Updated May 22, 2026

Sale Statistics

Sale Overview
Original List Price: $424,999
Final Sale Price: $405,000
Difference: $19,999 (-4.7%)
Performance Metrics
95.3%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $382
Sale $/sq ft: $364
This property sold for $364 per square foot
Sale Summary

This property sold for 4.7% below the original asking price.

The property spent 35 days on market before selling.

About this home

GROUND LEVEL UNIT - This 2-bedroom, 2 full bath is privately set in the rear of the last building, offering a quiet and peaceful location. The spacious primary suite features an ensuite bath and generous walk-in closet. The living and dining area, along with both bedrooms, showcase NEW luxury vinyl flooring, creating a fresh, modern feel throughout. Additional improvements by this owner include an upgraded heat pump/central AC condenser for added comfort. Enjoy your private patio w/room for chairs & side table. Association amenities include an outdoor in-ground pool with a clubhouse & nearby conservation walking paths. Assigned parking, pets allowed & in unit laundry, plus on site storage unit. Location is fantastic! Close to historic downtown Ipswich, the MBTA commuter rail, fine dining establishments, & Crane’s beach.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

36.5%
Price Range
37
Total Days on Market
1
Previous Sales

Property Timeline

Sold
May 22, 2026
$405,000
Property sold
Days on Market: 37
📝
Contingency Update
Mar 20, 2026
Pending P&S
📋
Status: Active under contract
Mar 20, 2026
Active → Active Under Contract
Pending Sale
Mar 20, 2026
Offer accepted, sale pending
Back On Market
Mar 14, 2026
Active
📋
Status: Active under contract
Mar 7, 2026
Active → Active Under Contract
🏠
Listed for Sale
Feb 25, 2026
$424,999
Original listing
Agent: Christine Carey Office: DiPietro Group Real Estate
🏠
Listed for Sale
Feb 25, 2026
$424,999
Original listing
Office: DiPietro Group Real Estate
Previous Transaction - MLS #72553452
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 11, 2019
$270,000
MLS #72553452

Tax History

Year Taxes Assessment
2025 $4,028 $361,300

Financial Details

Annual Property Tax
$4,028
Tax Year 2025
HOA Fee
$514
Monthly
Assessed Value
$361,300

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,113 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Tile, Wood Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Patio
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio
Features Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $4,028
Assessed Value $361,300

HOA & Community

HOA Fee $514 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Pool, Clubhouse
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures None
Exclusions Wall Sconces In Primary Bedroom Photo Have Been Removed.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 5
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 37 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,113 sq ft
Total Rooms
4
Stories
1
Entry Level
1
Main Level Bedrooms
1

Room Details

First Floor

Bathroom1
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Dining Room
Flooring - Laminate, Recessed Lighting
Bathroom2
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bedroom2
Flooring - Laminate

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Main,First Floor

Kitchen
Flooring - Stone/Ceramic Tile
Living Room
Flooring - Laminate, Exterior Access, Recessed Lighting
Master Bedroom
Bathroom - Full, Walk-In Closet(s), Flooring - Laminate

Interior Features

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

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
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: Off Street

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

500 Colonial Dr # 5, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent Christine Carey
Listing Office DiPietro Group Real Estate
Office Phone 603-216-5086
Agent MLS ID CN219413
Office MLS ID AN7162
Listing Data Updated May 22, 2026 2:14 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
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Ipswich, MA

Real-time market trends and pricing data for this area

500 Colonial Dr # 5, Ipswich MA 01938 - Photo 1 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 2 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 3 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 4 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 5 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 6 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 7 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 8 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 9 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 10 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 11 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 12 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 13 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 14 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 15 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 16 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 17 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 18 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 19 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 20 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 21 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 22 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 23 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 24 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 25 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 26 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 27 500 Colonial Dr # 5, Ipswich MA 01938 - Photo 28
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour