NOT LISTED FOR SALE

32 Summer St Ipswich, MA 01938

Estimated Value: $517,000 - $796,000

3 Beds
2 Baths
1,192 Sq Ft
$543/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $295,000 $247 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,824/month

116 Days on Market

About This Home

As of August 2013

WHAT A LOCATION! RIVER VIEW. EASY REACH TO DOWNTOWN, RIVER, TRAIN, AND RESTAURANTS. Income producing 2 family or convert back to single--see attached floor plans showing current layout. Located on desirable Summer St, in the heart of Ipswich rich historic area. A must see for 1st time buyers, trade down buyers and investors. 2 NEW HIGH EFFICIENCY natural gas heating systems w/central air. Tenants are Tenants at Will. All showings will be on Saturdays from 10am to Noon by appointment only.

Last Agent to Sell the Property

Ed Dick

J. Barrett & Company Listed on: 04/06/2013

Last Buyer's Agent

John Farrell

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

Multi-Family

Year Built

1800

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level, Scenic View(s)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1800

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Vinyl, Hardwood
  • Basement: Full, Interior Access, Bulkhead, Dirt Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Fenced Yard, Garden Area
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Oven

Lot Info

  • Assessor Parcel Number: M:42A B:090A L:0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2013
Closed on
Aug 30, 2013
Sold by
Bowen Donald E
Bought by
Ross Isaac and Brannan Jennifer
Seller's Agent
Ed Dick
J. Barrett & Company
Buyer's Agent
John Farrell
Coldwell Banker Realty - Beverly
List Price
$329,000
Sold Price
$295,000
Premium/Discount to List
-$34,000
-10.33%
Current Estimated Value
$646,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,726
Avg. Annual Appreciation
6.54%
Original Mortgage
$236,000
Outstanding Balance
$173,955
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$472,771

Purchase Details

Closed on
Apr 5, 1993
Sold by
Bowen J Donald E and Bowen Tracy
Bought by
Bowen Donale E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ross Isaac $295,000 --
Bowen Donale E $32,000 --
Bowen Donale E $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Isaac $236,000
Closed Ross Isaac $236,000
Previous Owner Bowen Donale E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $295,000 -10.3% $247 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $329,000 -- $276 / 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 $5,311 $476,300 $192,900 $283,400
2024 $5,151 $452,600 $230,300 $222,300
2023 $4,969 $406,300 $194,000 $212,300
2022 $4,888 $380,100 $189,100 $191,000
2021 $4,878 $369,000 $187,900 $181,100
2020 $4,876 $347,800 $179,200 $168,600
2019 $4,583 $325,300 $173,400 $151,900
2018 $4,568 $314,100 $166,500 $147,600
2017 $4,476 $315,400 $160,800 $154,600
2016 $4,113 $277,000 $151,600 $125,400
2015 $3,583 $265,200 $148,100 $117,100
Source: Public Records

Agents Affiliated with this Home

  • Ed Dick

    Seller's Agent in 2013

    Ed Dick

    J. Barrett & Company

    (978) 356-3444

    62 in this area

    83 Total Sales

    Ed Dick
    Section Image
  • John Farrell

    Buyer's Agent in 2013

    John Farrell

    Coldwell Banker Realty - Beverly

    (978) 578-5203

    4 in this area

    122 Total Sales

    John Farrell
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71504667

MLS Property Information Network (MLS PIN)

APN: IPSW-000042A-000090-A000000

Massachusetts Essex County Ipswich 01938

32 Summer St, Ipswich, MA

Not Listed for Sale

MultiFamily

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