NOT LISTED FOR SALE

25 S Main St Unit 1 Ipswich, MA 01938

Estimated Value: $285,016

-- Bed
1 Bath
701 Sq Ft
2008 Built

Last Sold March 04, 2016

Last sale price $160,000 $228 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,798/month

67 Days on Market

About This Home

As of March 2016

A bright and spacious commercial unit in the historic community of Ipswich - high traffic count on Route 1A & 133 New retail and office space is popping up along South Main Street, including furniture, antiques, clothing, gift, and wine shops either next to or adjacent to this newly renovated unit. Maple flooring will be refinished in the next couple days and all freshly painted. Natural gas for forced hot air heat, central air and private/exclusive handicap accessible public restroom. Water & sewer included in monthly condo fees. Cable ready, private electrical panel and upgrades include 4 separate plumbing locations and LED lighting. Layout is ideal to subdivide or use exclusively for office, retail, distribution of food, coffee, ice cream - etc. Bring your business to the North Shore on 30 minutes North of Boston and 30 minutes South of the New Hampshire border. Only steps from MBTA and other thriving new businesses on the same expanding section of town.

Last Listed By

Carrie Cayer

Coldwell Banker Realty - Chelmsford Listed on: 12/16/2015

Coldwell Banker Realty - Chelmsford

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,621

Year Built

2008

Lot Details

0

Listing Details

  • Unit Level: 11
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2008

Interior Features

  • Has Basement: No
  • Number of Rooms: 1
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station
  • Electric: 100 Amps
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Waterfront Property: Yes
  • Construction: Frame, Modular
  • Exterior: Vinyl

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup

Condo/Co-op/Association

  • Condominium Name: River Station Condominiums
  • Association Fee Includes: Water, Sewer
  • Association Pool: No
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 10
  • Optional Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Positive Development Llc
Bought by
Walczak & Co Llc
Total Days on Market
67
Current Estimated Value
$285,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$172,053
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$112,963

Purchase Details

Closed on
Oct 10, 2017
Sold by
Valvo Michael P
Bought by
Positive Development L

Purchase Details

Listed on
Dec 16, 2015
Closed on
Mar 4, 2016
Sold by
Vanderbilt Rt
Bought by
Valvo Michael P
Seller's Agent
Carrie Cayer
Coldwell Banker Realty - Chelmsford
Buyer's Agent
Vivien Marcus
Keller Williams Realty
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Corcoran Bros Dev Inc
Bought by
Vanderbilt Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.36%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Walczak & Co Llc $235,000 None Available
Positive Development L -- --
Valvo Michael P $160,000 --
Vanderbilt Rt $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walczak & Co Llc $188,000
Previous Owner Vanderbilt Rt $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $160,000 -8.5% $228 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $174,900 -- $250 / Sq Ft
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 $2,621 $235,100 $0 $235,100
2024 $2,550 $224,100 $0 $224,100
2023 $2,741 $224,100 $0 $224,100
2022 $2,861 $222,500 $0 $222,500
2021 $2,000 $151,300 $0 $151,300
2020 $2,144 $152,900 $0 $152,900
2019 $2,178 $154,600 $0 $154,600
2018 $2,240 $157,300 $0 $157,300
2017 $2,218 $156,300 $0 $156,300
2016 $1,876 $126,300 $0 $126,300
2015 $1,744 $129,100 $0 $129,100
Source: Public Records

Agents Affiliated with this Home

  • Carrie Cayer

    Seller's Agent in 2016

    Carrie Cayer

    Coldwell Banker Realty - Chelmsford

    (978) 500-6207

    Section Image
  • Vivien Marcus

    Buyer's Agent in 2016

    Vivien Marcus

    Keller Williams Realty

    (978) 994-3412

    47 Total Sales

    Vivien Marcus
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71941626

MLS Property Information Network (MLS PIN)

APN: IPSW-000042A-000176-B000000

Massachusetts Essex County Ipswich 01938

25 S Main St Unit 1, Ipswich, MA

Homes for Sale in Ipswich, MA

This home is located at 25 S Main St Unit 1, Ipswich, MA 01938 since 16 December 2015 and is currently estimated at $285,016, approximately $406 per square foot. This property was built in 2008. 25 S Main St Unit 1 is a home located in Essex County with nearby schools including Ipswich High School, North Shore Montessori School, and Pingree School.

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MLS Property Information Network (MLS PIN) 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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