NOT LISTED FOR SALE

3 Lincoln Way Unit 3 Ipswich, MA 01938

Estimated Value: $1,979,000 - $2,115,000

4 Beds
5 Baths
4,427 Sq Ft
10,019 Sq Ft Lot

Last Sold June 23, 2016

Last sale price $1,170,000 $264 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,840/month

339 Days on Market

About This Home

As of June 2016

Far from the Madding Crowd and set on the highest point in Ipswich overlooking 3,500 acres of conservation land and the prime holes at the Turner Hill Golf Club is this magnificent home, the epitome of sophisticated living. The expansive open floor plan is perfect for entertaining family and friends and is anchored by a stately, cathedral ceiling great room with majestic fireplace and walls of glass framing panoramic views of the ever changing landscapes. The designer kitchen will delight the most discerning chef with Wolf and Fisher/Paykel appliances and an elegant dining room. The first floor Master suite includes a marble bath, glass shower and soaking tub and on the second floor you'll find two additional en suite bedrooms. Other amenities include a fabulous finished lower level with media room & wet bar with a walk out to a screened porch & patio. An added bonus in this stunning "smart house" is a handy golf cart & full golf membership to the Turner Hill Golf Club.

Last Listed By

Craig Holt

Realty One Group Nest Listed on: 07/17/2015

Realty One Group Nest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,736

Year Built

  • 2006

Lot Details

  • 10,019

Utilities

  • Private Sewer

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,736

Year Built

2006

Lot Details

0

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Refrigerator - Wine Storage, Vent Hood
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Stables, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Wood, Tile, Wall to Wall Carpet, Marble, Hardwood
  • Insulation: Full, Fiberglass - Batts
  • Interior Amenities: Security System, Cable Available, Wetbar, Finish - Cement Plaster, French Doors, Other (See Remarks)
  • Bedroom 2: Second Floor, 21X14
  • Bedroom 3: Second Floor, 21X13
  • Bathroom #1: First Floor
  • Bathroom #2: Basement
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 23X13
  • Laundry Room: First Floor, 13X8
  • Living Room: First Floor, 17X16
  • Master Bedroom: First Floor, 30X18
  • Master Bedroom Description: Bathroom - Full, Ceiling - Coffered, Closet - Linen, Closet - Walk-in, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, High Speed Internet Hookup, Recessed Lighting
  • Dining Room: First Floor, 16X11
  • Family Room: Basement, 29X16
  • Oth1 Room Name: Media Room
  • Oth1 Dimen: 22X19
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet, Open Floor Plan, Recessed Lighting
  • Oth1 Level: Basement
  • Oth2 Room Name: Bedroom
  • Oth2 Dimen: 19X13
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Oth2 Level: Basement
  • Oth3 Room Name: Loft
  • Oth3 Dimen: 13X11
  • Oth3 Dscrp: Flooring - Wall to Wall Carpet
  • Oth3 Level: Second Floor
  • Oth4 Room Name: Den
  • Oth4 Dimen: 16X11
  • Oth4 Dscrp: Flooring - Hardwood
  • Oth4 Level: First Floor
  • Oth5 Room Name: Bathroom
  • Oth5 Dimen: 14X12
  • Oth5 Dscrp: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Marble, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting
  • Oth5 Level: First Floor
  • Oth6 Room Name: 3/4 Bath
  • Oth6 Dscrp: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Oth6 Level: Second Floor
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Unit Features: Porch - Screened, Deck - Wood, Patio, Integrated Pest Management, Gutters, Professional Landscaping, Sprinkler System
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Insulated
  • Garage Spaces: 3
  • Parking: Off-Street, Deeded, Paved Driveway, Exclusive Parking
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air, 3 or More
  • Heating: Forced Air, Gas, Hydro Air
  • Cooling Zones: 4
  • Heat Zones: 4
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Sewage District: TH

Condo/Co-op/Association

  • Condominium Name: The Residences at Turner Hill
  • Association Fee Includes: Water, Sewer, Security, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Security: Other (See Remarks)
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 120
  • Optional Fee Includes: Swimming Pool, Golf Course, Putting Green, Tennis Court, Paddle Tennis, Exercise Room, Clubroom
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: RES

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Albano Christopher J and Albano Colleen
Bought by
Masse David R
Total Days on Market
339
Current Estimated Value
$2,034,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$889,193
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,145,167

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jun 23, 2016
Sold by
Markarian Peter V and Markarian Valorie T
Bought by
Albano Chris and Albano Colleen
Seller's Agent
Craig Holt
Realty One Group Nest
Buyer's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty
List Price
$1,529,900
Sold Price
$1,170,000
Premium/Discount to List
-$359,900
-23.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$760,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2006
Sold by
Ass Turner Hill Preser
Bought by
Markarian Peter

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
Masse David R $1,350,000 --
Albano Chris $1,170,000 --
Markarian Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masse David R $1,000,000
Previous Owner Albano Chris $760,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $1,170,000 -10.0% $264 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
02/24/2016 02/24/16 Price Changed $1,299,900 -7.1% $294 / Sq Ft
12/29/2015 12/29/15 Price Changed $1,399,900 -6.7% $316 / Sq Ft
09/29/2015 09/29/15 Price Changed $1,499,900 -2.0% $339 / Sq Ft
07/17/2015 07/17/15 For Sale $1,529,900 -- $346 / 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 $18,736 $1,680,400 $0 $1,680,400
2024 $19,986 $1,756,200 $0 $1,756,200
2023 $18,495 $1,512,300 $0 $1,512,300
2022 $17,200 $1,337,500 $0 $1,337,500
2021 $16,902 $1,278,500 $0 $1,278,500
2020 $15,004 $1,070,200 $0 $1,070,200
2019 $15,079 $1,070,200 $0 $1,070,200
2018 $15,554 $1,092,300 $0 $1,092,300
2017 $15,513 $1,093,200 $0 $1,093,200
2016 $12,495 $841,400 $0 $841,400
2015 $10,954 $810,800 $0 $810,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71875072

MLS Property Information Network (MLS PIN)

APN: IPSW-000051-000007-A000004