$705,000
SOLD JAN 13, 2025

4 Mineral St Ipswich, MA 01938

4 Beds
2 Baths
2,204 Sq Ft
5,520 Sq Ft Lot

Recently Sold

$320 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Medical Services
  • Ipswich High School Rated A-
  • Community Stables
  • Property is near public transit

About This Home

As of January 2025

Gutted down to the studs in 2007-2008, this 2 family is a rare find with updated, separately metered electrical, plumbing & 2 recently replaced gas boilers! Both units are bright & sunny with washer/dryer hookups & separate parking areas. Unit 1 is great for single level living, with a spacious layout & dedicated front porch, ideal for sipping iced tea on lazy summer days. Unit 2 has a large, private attic storage space, separate driveway & entry. A grassy yard is accessible to both units for gardening, playing children, pets or outdoor entertaining! Conveniently located close to Train, Schools, Cranes Beach, Ebsco, New England Biolabs and all that Downtown Ipswich has to offer! This property is a desirable home for any owner occupant looking to offset the cost of a mortgage or investor looking to add rental properties to their portfolio! ALSO, Unit 1 was Lead tested, De-leaded & Certified! Showings begin at 1st Open House, Sat 11/30 & Sun 12/1 11-12:30pm. Offers due Monday, 12/2 5pm.

Last Agent to Sell the Property

Denise Mootafian

Windhill Realty, LLC

Last Buyer's Agent

Nathan Seavey

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 1905

Lot Details

  • 5,520 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Garden

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Stone Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ipswich Middle School
  • Ipswich High School

Utilities

  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $3,700
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Tax Block 0251
  • Assessor Parcel Number M:41B B:0251 L:0,1956011

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Insurance Expense $7,980
  • Water Sewer Expense $540
  • Operating Expense $9,360
  • Net Operating Income $35,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,488

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1905
  • Year Built Details: Approximate,Renovated Since
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Floored Attic, Living Room, Kitchen, Laundry Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Bulkhead, Sump Pump, Unfinished
  • Living Area: 2204
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Picture Window, Box/Bay/Bow Window(s), Insulated Windows
  • MAIN LO: C95171
  • LIST PRICE PER Sq Ft: 306.26
  • PRICE PER Sq Ft: 319.87
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Screened
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Assigned, Stone/Gravel, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Electric

Condo/Co-op/Association

  • 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, Public School, T-Station
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 540

Lot Info

  • Parcel Number: M:41B B:0251 L:0,1956011
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5520
  • Lot Size Units: Acres
  • PAGE: 68
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6488
  • Tax Block: 0251
  • Tax Book Number: 26588
  • Tax Lot: 0
  • Tax Map Number: 41B

Multi Family

  • Gross Income: 44400
  • Insurance Expense: 7980
  • Net Operating Income: 35040
  • Number Of Units Total: 2
  • Operating Expense: 9360
  • Total Actual Rent: 3700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ipswich
  • Middle Or Junior School: Ipswich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Stults Alexander J and Amparo-Stults Gloria
Bought by
4 Mineral Street Rt and Jstults
Total Days on Market
7
Current Estimated Value
$715,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 28, 2014
Closed on
Oct 14, 2014
Sold by
Stults Alexander J
Bought by
4 Mineral Street Rt and Stults
Seller's Agent
Denise Mootafian
Windhill Realty, LLC
Buyer's Agent
The Quail Group
eXp Realty
List Price
$427,500
Sold Price
$399,900
Premium/Discount to List
-$27,600
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$319,920
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 24, 2014
Sold by
Pitchfork Holdings Llc
Bought by
Stults Alexander J
Seller's Agent
Denise Mootafian
Windhill Realty, LLC
Buyer's Agent
The Quail Group
eXp Realty
List Price
$427,500
Sold Price
$399,900
Premium/Discount to List
-$27,600
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Royer William R
Bought by
Pitchfork Holdings Llc

Purchase Details

Closed on
Feb 23, 2007
Sold by
Cousins Nancy M
Bought by
Royer William R

Map

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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Not Resolvable $399,900 --
Deed -- --
Deed -- --
Deed $399,000 --
Deed $399,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,000 Purchase Money Mortgage
Closed $505,000 Purchase Money Mortgage
Closed $367,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $367,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $319,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $705,000 +4.4% $320 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $675,000 +68.8% $306 / Sq Ft
09/24/2014 09/24/14 Sold $399,900 -6.5% $181 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $427,500 -- $194 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,114 $638,000 $289,300 $348,700
2024 $6,488 $570,100 $289,300 $280,800
2023 $6,028 $492,900 $225,000 $267,900
2022 $5,860 $455,700 $215,400 $240,300
2021 $5,833 $441,200 $213,800 $227,400
2020 $6,058 $432,100 $218,600 $213,500
2019 $5,692 $404,000 $212,200 $191,800
2018 $5,566 $390,900 $200,900 $190,000
2017 $5,561 $391,900 $192,900 $199,000
2016 $4,970 $334,700 $173,600 $161,100
2015 -- $317,400 $167,200 $150,200
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73315470

MLS Property Information Network (MLS PIN)

APN: IPSW-000041B-000251