$1,200,000
SOLD MAY 15, 2024

27 Summer St Ipswich, MA 01938

4 Beds
3 Baths
2,401 Sq Ft
8,629 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Medical Services
  • Ipswich High School Rated A-
  • Community Stables
  • Open Floorplan

About This Home

As of May 2024

Step back in time with this charming antique home with modern conveniences nestled on a tranquil side street in the heart of Ipswich. This historic gem boasts a detached 2 car garage with a workshop and a finished bonus room above, complete with electric heat. Lush yard adorned with fruit trees and bushes, stone walls and patio surround this special home. At the end of the serene road lies the picturesque Ipswich River. Enjoy the best of both worlds with quick access to downtown amenities and the convenience of the MBTA just minutes away. Large open kitchen with huge fireplace with wood stove and butcher block island. Large principal bedroom suite with a fireplace and plenty of closet space. Upstairs a wonderful sitting room and 4 bedrooms. Full bathroom on first floor and dining room could double as a first floor bedroom. Embrace the timeless elegance of this enchanting property steeped in centuries of New England history. OFFER DEADLINE TUES 23RD 5PM.

Last Agent to Sell the Property

Binni Hackett

Compass Listed on: 04/18/2024

Compass

Last Buyer's Agent

Kristin Francoeur

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,301

Year Built

  • Built in 1688

Lot Details

  • 8,629 Sq Ft Lot
  • Near Conservation Area
  • Stone Wall
  • Landscaped Professionally
  • Level Lot
  • Cleared Lot
  • Fruit Trees
  • Garden
  • Property is zoned IR

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,401 Sq Ft Home
  • Open Floorplan
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Sitting Room
  • Dining Area
  • Storm Windows

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Dual Closets
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Patio
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Winthrop Elementary School

Utilities

  • No Cooling
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:42A B:0065 L:0,1956482

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,301

Year Built

Built in 1688

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Antique
  • Year Built: 1688
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Flooring - Wood
  • Interior Amenities: Closet, Mud Room, Sitting Room
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Flooring - Wood, Closet - Double
  • Room Bedroom3 Features: Flooring - Wood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Wood
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Half, Bathroom - Double Vanity/Sink, Closet, Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Wood / Coal / Pellet Stove, Closet
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Wood / Coal / Pellet Stove, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Gas Stove
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Wood / Coal / Pellet Stove, Flooring - Wood
  • Basement: Partial, Crawl Space, Interior Entry, Bulkhead, Dirt Floor
  • Living Area: 2401
  • Spa YN: No
  • Window Features: Insulated Windows, Storm Window(s), Screens
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 489.38
  • PRICE PER Sq Ft: 499.79
  • MAIN SO: BB5918
  • Insulation: Partial

Exterior Features

  • Exterior Features: Porch, Patio, Rain Gutters, Professional Landscaping, Screens, Fruit Trees, Garden, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Garage Door Opener, Workshop in Garage, Garage Faces Side, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas, ENERGY STAR Qualified Equipment, Fireplace
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:42A B:0065 L:0,1956482
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8629
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 18
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9301
  • Tax Book Number: 33324

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • Elementary School: Winthrop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jun 6, 2014
Sold by
Monahan Susan T
Bought by
Drew Benjamin and Drew Philippa
Seller's Agent
Binni Hackett
Compass
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Total Days on Market
3
Current Estimated Value
$1,215,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,287
Avg. Annual Appreciation
7.03%
Original Mortgage
$431,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2007
Sold by
Reed Rt
Bought by
Monahan Susan T
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

Date Type Sale Price Title Company
Not Resolvable $575,000 --
Deed $610,000 --
Deed $610,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $800,000 Purchase Money Mortgage
Closed $800,000 Purchase Money Mortgage
Closed $431,250 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,200,000 +2.1% $500 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,175,000 +104.3% $489 / Sq Ft
06/06/2014 06/06/14 Sold $575,000 0.0% $239 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/07/2014 04/07/14 Off Market $575,000 -- --
11/15/2013 11/15/13 For Sale $599,000 -- $249 / 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 $9,748 $874,300 $315,600 $558,700
2024 $9,301 $817,300 $314,300 $503,000
2023 $8,374 $684,700 $264,600 $420,100
2022 $8,354 $649,600 $258,000 $391,600
2021 $8,347 $631,400 $256,400 $375,000
2020 $8,441 $602,100 $258,000 $344,100
2019 $8,405 $596,500 $249,800 $346,700
2018 $8,026 $563,600 $239,800 $323,800
2017 $7,738 $545,300 $231,600 $313,700
2016 $7,900 $532,000 $218,300 $313,700
2015 $7,121 $527,100 $213,400 $313,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73225779

MLS Property Information Network (MLS PIN)

APN: IPSW-000042A-000065