NOT LISTED FOR SALE

3 Cove Rd Ipswich, MA 01938

Estimated Value: $854,000 - $1,017,883

5 Beds
1 Bath
1,234 Sq Ft
$754/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $469,000 $380 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,904/month

34 Days on Market

Highlights

  • Ocean View
  • Enclosed Patio or Porch
  • Wood Insert Heater
  • Ipswich High School Rated A-

About This Home

As of August 2018

Summer Cottage on Little Neck harkens to a simpler lifestyle! This seaside community, a hidden gem, provides quality of life rarely found in coastal living.This single family detached home is part of the Little Neck Condominium complex. Cozy cottage w/master bedroom on 1st fl, laundry room next to kitchen, open concept dining/living room. Exposed beamed ceilings in each 2nd fl bedroom. Though non-winterized, many have been warmed by the fireplace in living room. Enclosed porch extends across entire facade with storm windows, side + interior entry w/view onto the Cove. Gentle sloping lot offers view of Ipswich River winding its way to the ocean. Little Neck offers a community house, private dock, private beach, community septic system that is open to residents only. Rare opportunity for the discriminating buyer as summer cottage or opportunity to winterize/update for year-round living. Empty lot across to remain as open space per Sellers. A lovely retreat from the busyness of our times.

Last Agent to Sell the Property

Ingrid Miles

Keller Williams Realty Evolution Listed on: 06/05/2018

Keller Williams Realty Evolution

Last Buyer's Agent

Stephen Miles

Keller Williams Realty Evolution License #454006982

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,758

Year Built

  • Built in 1918

Lot Details

  • 3,049

HOA Fees

  • $139 per month

Property Views

  • Ocean
  • River

Laundry

  • Dryer
  • Washer

Utilities

  • Wood Insert Heater
  • Water Holding Tank
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Range
  • Enclosed Patio or Porch
  • Property is zoned RRB

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,758

Year Built

Built in 1918

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cottage
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 364.59
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1918
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Wood, Main Level
  • Bedroom 2: On Level: Second Floor, Ceiling - Beamed, Flooring - Wood
  • Bedroom 3: On Level: Second Floor, Ceiling - Beamed, Flooring - Wood
  • Bedroom 4: On Level: Second Floor, Ceiling - Beamed, Flooring - Wood
  • Bedroom 5: On Level: Second Floor, Ceiling - Beamed, Flooring - Wood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Flooring - Wood, Main Level, Open Floor Plan
  • Kitchen: On Level: First Floor, Flooring - Wood, Main Level, Country Kitchen
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Fireplace, Flooring - Wood, Main Level, Exterior Access, Open Floor Plan
  • Main Lo: C95236
  • Main So: C95236
  • Estimated Sq Ft: 1234.00

Exterior Features

  • Beach Ownership: Private, Association
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean, Private, River, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone, Irregular
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Parking: Under

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Heating: Wood
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 139.39
  • Home Own Association: Yes
  • Reqd Own Association: Yes

Schools

  • Elementary School: Winthrop
  • Middle School: Ipswich Middle
  • High School: Ipswich High

Lot Info

  • Assessments: 263900.00
  • Acre: 0.07
  • Lot Size: 3000.00
  • Page: 280
  • Zoning: RRB
  • Lot Description: Corner, Gentle Slope, Scenic View(s)

Tax Info

  • Taxes: 3758.00
  • Assessor Parcel Number: 3995392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Ciampa Deborah A and Ciampa Donald P
Bought by
Veno Daniel A and Veno Susan
Current Estimated Value
$930,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Outstanding Balance
$813,753
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,468

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 31, 2018
Sold by
3 Cove Road Rt and Carmichael
Bought by
Ciampa Deborah A and Ciampa Donald P
Seller's Agent
Ingrid Miles
Keller Williams Realty Evolution
Buyer's Agent
Stephen Miles
Keller Williams Realty Evolution
List Price
$474,900
Sold Price
$469,000
Premium/Discount to List
-$5,900
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$351,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Veno Daniel A $930,000 None Available
Veno Daniel A $930,000 None Available
Veno Daniel A $930,000 None Available
Ciampa Deborah A $469,000 --
Ciampa Deborah A $469,000 --
Ciampa Deborah A $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veno Daniel A $836,000
Closed Veno Daniel A $836,000
Previous Owner Ciampa Deborah A $351,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $469,000 +4.2% $380 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $449,900 -5.3% $365 / Sq Ft
06/05/2018 06/05/18 For Sale $474,900 -- $385 / 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 $9,758 $875,200 $0 $875,200
2024 $8,047 $707,100 $0 $707,100
2023 $8,365 $684,000 $0 $684,000
2022 $6,253 $486,200 $0 $486,200
2021 $5,919 $447,700 $0 $447,700
2020 $6,044 $431,100 $0 $431,100
2019 $4,568 $324,200 $0 $324,200
2018 $3,758 $263,900 $0 $263,900
2017 $3,607 $254,200 $0 $254,200
2016 $3,696 $248,900 $0 $248,900
2015 $3,407 $252,200 $0 $252,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72340049

MLS Property Information Network (MLS PIN)

APN: IPSW-000024C-000069-000090