NOT LISTED FOR SALE

24 Candlewood Rd Ipswich, MA 01938

Estimated Value: $6,055,659

120 Acres
$50,267 Price per Acre
5,247,674 Sq Ft Lot

Last Sold March 16, 2017

Last sale price $4,050,000

Est. 50% increase in value since last sale

Current estimated payment $34,163/month

287 Days on Market

Highlights

  • Community Stables
  • Scenic Views
  • 120.47 Acre Lot
  • Ipswich High School Rated A-
  • Waterfront
  • Farm

About This Lot

As of March 2017

Pony Express Farms, a private equestrian facility located in rural Ipswich, Massachusetts on Candlewood Road, consists of 120.47+ acres of level, rolling lawns, interior roads and trails, and a 10-acre irrigated polo field. Structures included in the sale are two stables/offices built circa 1984 and 1994 and a single-family Cape style dwelling. A rare opportunity to own nearly 125 acres just minutes to the town of Ipswich and 45 minutes to Boston. 94.17+ acres of the property are currently enrolled in Chapter 61A. Property has development potential.

Last Agent to Sell the Property

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 12/14/2015

Last Buyer's Agent

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 12/14/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,466

Lot Details

  • 120.47 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned RRA

Utilities

  • Electricity To Lot Line
  • Private Sewer

Additional Features

  • Scenic Vista Views
  • Property is near schools
  • Farm

Community Details

  • Community Stables
  • Wetlands on Lot

Listing and Financial Details

  • Assessor Parcel Number 1952744

Property Details

Property Type

Land

Est. Annual Taxes

$16,466

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C03800
  • MAIN SO: C03800

Exterior Features

  • Frontage Length: 1795
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, River
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer
  • Gas: On-Site, Other (See Remarks)
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: At Street

Condo/Co-op/Association

  • Community Features: Stable(s), Highway Access, Public School

Lot Info

  • Parcel Number: 1952744
  • Zoning: RRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wetlands, Cleared, Farm
  • Lot Size Acres: 120.47
  • Lot Size Area: 120.47
  • Lot Size Sq Ft: 5247673.2
  • Lot Size Units: Acres
  • LOT SIZE: 5247673
  • PAGE: 595

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 16466
  • Tax Book Number: 7778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 16, 2017
Sold by
Pony Express Farms Inc
Bought by
Essex County Greenbelt
Seller's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
Buyer's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
List Price
$6,750,000
Sold Price
$4,050,000
Premium/Discount to List
-$2,700,000
-40%
Current Estimated Value
$6,055,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,005,659
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Jun 4, 1985
Bought by
Pony Express Farms Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Essex County Greenbelt $3,523,500 --
Pony Express Farms Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pony Express Farms Inc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $4,050,000 -40.0% --
02/14/2017 02/14/17 Pending -- -- --
12/14/2015 12/14/15 For Sale $6,750,000 -- --
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 $12,090 $879,000 $879,000 $0
2024 $12,090 $715,500 $715,500 $0
2023 $12,090 $650,200 $650,200 $0
2022 $0 $608,800 $608,800 $0
2021 $0 $595,700 $595,700 $0
2020 $0 $582,600 $582,600 $0
2019 $0 $712,600 $567,400 $145,200
2018 $0 $727,600 $582,400 $145,200
2017 $12,090 $852,035 $612,535 $239,500
2016 $12,773 $860,166 $610,066 $250,100
2015 $11,383 $842,566 $592,466 $250,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71941182

MLS Property Information Network (MLS PIN)

APN: IPSW-000063-000004