NOT LISTED FOR SALE

1 Manning St Ipswich, MA 01938

8 Beds
7 Baths
4,945 Sq Ft
6,190 Sq Ft Lot

Sale Details

Date Sold: November 1, 2023

Last sale price $1,225,000 $248 Per Sq Ft

17 Days on Market

About This Home

As of November 2023

Great Investment Opportunity! One Manning Street offers 6 units: 4 one bedroom/one bath units, 1 two bedroom/one bath unit and 1 two bedroom/two bath unit. With a Walk Score® of 88, "Very Walkable", this property has convenient access to the heart of Ipswich--shops, restaurants, the commuter rail to Boston--and is only a short drive to the famous Crane Beach! Pictures are prior to occupancy. There are no pictures of unit #1 and #6. Current rents are below market value. Group showings will be held on Saturday, September 30th from 10-11am.

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 09/15/2023

RE/MAX Beacon

Last Buyer's Agent

Jack Brown

RE/MAX Beacon Listed on: 09/15/2023

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,374

Year Built

  • Built in 1880

Lot Details

  • 6,190 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,945 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $10,000
  • Assessor Parcel Number M:42A B:0257 L:0,1956697

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $350
  • Insurance Expense $5,400
  • Water Sewer Expense $3,000
  • Operating Expense $9,750
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,374

Year Built

Built in 1880

Lot Details

6,190 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 4945
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN8171
  • MAIN SO: AN8171

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: M:42A B:0257 L:0,1956697
  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6190
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8374

Multi Family

  • Electric Expense: 350
  • Insurance Expense: 5400
  • Net Operating Income: 84000
  • Number Of Units Total: 6
  • Operating Expense: 9750
  • Total Actual Rent: 10000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 25, 2023
Sold by
Bought by
Seller's Agent
Jack Brown
RE/MAX Beacon
Buyer's Agent
Jack Brown
RE/MAX Beacon
List Price
$1,400,000
Sold Price
$1,225,000
Premium/Discount to List
-$175,000
-12.5%
Views
43

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 19, 2013
Sold by
Bought by
Seller's Agent
Joseph Militello
eXp Realty LLC - Corporate Office
Buyer's Agent
Joseph Militello
eXp Realty LLC - Corporate Office
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 None Available
$620,000 --
$485,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $679,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Sold $1,225,000 -12.5% $248 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,400,000 +125.8% $283 / Sq Ft
07/19/2013 07/19/13 Sold $620,000 -8.1% $125 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $675,000 -- $137 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,601 $1,130,100 $308,600 $821,500
2024 $9,394 $825,500 $307,300 $518,200
2023 $8,374 $684,700 $258,800 $425,900
2022 $8,488 $660,000 $252,300 $407,700
2021 $8,704 $658,400 $250,700 $407,700
2020 $8,141 $580,700 $252,300 $328,400
2019 $7,556 $536,300 $244,200 $292,100
2018 $7,499 $526,600 $234,500 $292,100
2017 $7,358 $518,500 $226,400 $292,100
2016 $7,076 $476,500 $213,500 $263,000
2015 $6,148 $455,100 $208,600 $246,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159793

MLS Property Information Network (MLS PIN)
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