NOT LISTED FOR SALE

149 County Rd Ipswich, MA 01938

15.57 Acres
-- Price per Acre
678,229 Sq Ft Lot

Last Sold June 25, 2013

Last sale price $900,000

566 Days on Market

Highlights

  • Golf Course Community
  • Private Water Access
  • Waterfront
  • Community Stables
  • Scenic Views
  • 15.57 Acre Lot

About This Lot

As of June 2013

Former MARGUERY RESTAURANT regionally renowned for the food, setting, & RIVERFRONT function area w/ waterworks. Now offered as land w/ remnants of magnificent landscaping, stonewalls, driveways, and two paved areas, formerly parking lots. Frontage for four lots. Two(2) perc tests. May be single family site, small subdivision or assisted living by special permit. Former pkg lots w/12-18 inch gravel underlayment may provide well drained area for new pkg, lawns, riding rinks, or playing fields

Last Agent to Sell the Property

Ed Dick

J. Barrett & Company Listed on: 03/30/2011

Co-Listed By

Judy Hanson

J. Barrett & Company

Last Buyer's Agent

Ed Dick

J. Barrett & Company Listed on: 03/30/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,672

Lot Details

  • 15.57 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Elevated Lot
  • Irregular Lot
  • Steep Slope
  • Wooded Lot
  • Property is zoned RRA

Property Views

  • Scenic Vista Views

Location

  • Flood Zone Lot
  • Property is near public transit and schools

Utilities

  • Perc Test On File For Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Block 010
  • Assessor Parcel Number 1957425

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Private Water Access
  • Electricity Available at Street
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,672

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C95243
  • MAIN SO: C95243

Exterior Features

  • Road Frontage Type: Public, County Road
  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, River, Frontage, Direct Access, Private, Bay, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer, Perc Test On File
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Golf, Conservation Area, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1957425
  • Zoning: RRA
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Rolling Slope, Elevated, Wetlands, Wooded, Irregular Lot, Gentle Sloping, Steep Slope
  • Lot Size Acres: 15.57
  • Lot Size Sq Ft: 678229.2
  • Lot Size Units: Acres
  • LOT SIZE: 678403
  • PERC TEST: Y
  • PERC TEST DATE: 2007-05-31T04:00:00.000Z

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5672.43
  • Tax Block: 010
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Shp 4 Lcb Ipswich Llc
Bought by
Riverbend Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000,000
Outstanding Balance
$45,347,092
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 30, 2011
Closed on
Jun 26, 2013
Sold by
Congress Const Corp
Bought by
Shp 4 Lcb Ipswich Llc
Seller's Agent
Ed Dick
J. Barrett & Company
Buyer's Agent
Ed Dick
J. Barrett & Company
List Price
$1,400,000
Sold Price
$900,000
Premium/Discount to List
-$500,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,892,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2003
Sold by
Petra Jacqueline Gaut
Bought by
Gauthier Jacqueline M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riverbend Propco Llc $21,220,887 --
Shp 4 Lcb Ipswich Llc $1,100,000 --
Ipswich River Watershe -- --
Congress Const Corp $900,000 --
Gauthier Jacqueline M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riverbend Propco Llc $52,000,000
Previous Owner Gauthier Jacqueline M $12,892,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $900,000 -35.7% --
05/26/2013 05/26/13 Pending -- -- --
03/30/2011 03/30/11 For Sale $1,400,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $131,466 $11,790,700 $3,600,000 $8,190,700
2024 $136,009 $11,951,600 $3,600,000 $8,351,600
2023 $122,239 $9,995,000 $3,600,000 $6,395,000
2022 $129,415 $10,063,400 $3,600,000 $6,463,400
2021 $133,038 $10,063,400 $3,600,000 $6,463,400
2020 $122,923 $8,767,700 $3,375,000 $5,392,700
2019 $108,951 $7,732,500 $2,850,000 $4,882,500
2018 $110,111 $7,732,500 $2,850,000 $4,882,500
2017 $110,434 $7,782,500 $2,850,000 $4,932,500
2016 $106,164 $7,149,100 $2,250,000 $4,899,100
2015 $70,740 $5,236,100 $2,250,000 $2,986,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71207857

MLS Property Information Network (MLS PIN)

APN: IPSW-000053D-000010