George Needham
GLN & Company, LLC
(978) 736-2304
25 Total Sales
2 in Ipswich
$639K - $675K Price Range
111 Central St Ipswich, MA 01938
Ipswich AreaEstimated Value: $837,443
5
Beds
3
Baths
2,528
Sq Ft
$331/Sq Ft
Est. Value
Highlights
- Property is near golf course, public transit, and schools
- Jogging Path
- Bathtub
- Wood Flooring
- Porch
- Ductless Heating Or Cooling System
About This Home
As of April 2025This antique Victorian 3-family home is centrally located in Ipswich offering both historic character and incredible investment potential. Whether you're a savvy investor looking to maximize rental income or an owner-occupant seeking additional revenue, this property is a rare find. The first unit features an eat-in kitchen with stainless steel appliances, a large sunny living room, three bedrooms, full bathroom, and laundry room. The second unit has two bedrooms and an open-concept layout with a large kitchen island and bright living room. Third-floor studio offers a cozy and flexible living space with dining area, reading nook, and more. Additional storage in basement and ample parking. Less than a mile from downtown Ipswich, MBTA, restaurants, shops and more. Ipswich is home to Crane Beach, one of the most breathtaking coastal spots in the area, and only 30 miles from Boston.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,548
Year Built
- Built in 1900
Lot Details
- 6,098
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,528 Sq Ft Home
- Living Room
- Storage
- Washer and Dryer Hookup
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Central Air
- 2 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
Additional Features
- Porch
- 6,098 Sq Ft Lot
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Total Actual Rent $4,900
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 1954921
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $58,800
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
Feb 26, 2025
Closed on
Apr 16, 2025
Sold by
Bought by
Seller's Agent
Maggie Pratt
Keller Williams Realty Evolution
Buyer's Agent
Susan Collins
J. Barrett & Company
List Price
$877,000
Sold Price
$800,000
Premium/Discount to List
-$77,000
-8.78%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,443
Avg. Annual Appreciation
3.58%
Original Mortgage
$670,000
Outstanding Balance
$661,429
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,014
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 8, 2025
Sold by
Bought by
Seller's Agent
Maggie Pratt
Keller Williams Realty Evolution
Buyer's Agent
Susan Collins
J. Barrett & Company
List Price
$877,000
Sold Price
$800,000
Premium/Discount to List
-$77,000
-8.78%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$661,429
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,014
Purchase Details
Listed on
Sep 23, 2011
Closed on
Mar 23, 2012
Sold by
Bought by
Seller's Agent
Rich Powers
Toner Real Estate, LLC
Buyer's Agent
Rich Powers
Toner Real Estate, LLC
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$325,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 26, 2011
Sold by
Bought by
Purchase Details
Closed on
Jun 30, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.73%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ipswich, MA
-
George Needham
-
Jon Growitz
Jon Growitz
Gibson Sotheby's International Realty
(781) 604-1127
63 Total Sales
2 in Ipswich
$515K - $785K Price Range
-
Donna Spector
Donna Spector
Responds QuicklyRealty ONE Group Suburban Lifestyle
(774) 772-5651
34 Total Sales
1 in Ipswich
$648,500 Price
-
Christine Rocha
Christine Rocha
Residential Realty Group
(339) 210-1740
55 Total Sales
1 in Ipswich
$700,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
52 Total Sales
3 in Ipswich
$415K - $975K Price Range
-
Deborah Evans
Deborah Evans
J. Barrett & Company
(351) 215-0813
112 Total Sales
6 in Ipswich
$622K - $1.5M Price Range
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 |
|---|---|---|---|
| $800,000 | None Available | ||
| -- | None Available | ||
| $190,000 | -- | ||
| $252,000 | -- | ||
| $465,000 | -- |
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 |
|---|---|---|---|
| Open | $670,000 | ||
| Previous Owner | $331,000 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $96,000 | ||
| Previous Owner | $375,000 | ||
| Previous Owner | $93,000 | ||
| Previous Owner | $314,620 | ||
| Previous Owner | $93,540 |
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 |
|---|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $800,000 | -3.0% | $316 / Sq Ft | |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | Price Changed | $825,000 | -5.9% | $326 / Sq Ft | |
| 02/26/2025 02/26/25 | For Sale | $877,000 | +361.6% | $347 / Sq Ft | |
| 03/23/2012 03/23/12 | Sold | $190,000 | -17.4% | $78 / Sq Ft | View Prior Sale |
| 02/22/2012 02/22/12 | Pending | -- | -- | -- | |
| 09/23/2011 09/23/11 | For Sale | $230,000 | -- | $94 / 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 | $8,548 | $766,600 | $273,200 | $493,400 |
| 2024 | $7,238 | $636,000 | $274,500 | $361,500 |
| 2023 | $7,008 | $573,000 | $226,100 | $346,900 |
| 2022 | $7,082 | $550,700 | $213,100 | $337,600 |
| 2021 | $7,024 | $531,300 | $209,900 | $321,400 |
| 2020 | $7,332 | $523,000 | $195,400 | $327,600 |
| 2019 | $6,832 | $484,900 | $187,300 | $297,600 |
| 2018 | $6,730 | $472,600 | $177,600 | $295,000 |
| 2017 | $6,769 | $477,000 | $169,500 | $307,500 |
| 2016 | $5,970 | $402,000 | $146,900 | $255,100 |
| 2015 | $5,295 | $391,900 | $151,800 | $240,100 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Pratt
Seller's Agent in 2025
Maggie Pratt
Keller Williams Realty Evolution
(978) 270-8315
91 Total Sales
-
Susan Collins
S
Buyer's Agent in 2025
Susan Collins
J. Barrett & Company
(978) 758-1589
15 Total Sales
-
Rich Powers
Seller's Agent in 2012
Rich Powers
Toner Real Estate, LLC
(781) 608-6628
97 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73338684
APN: IPSW-000030D-000060
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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