$524,000
SOLD JUN 18, 2015

40 East St Ipswich, MA 01938

4 Beds
3 Baths
2,337 Sq Ft
0.93 Acres

Recently Sold

$224 Per Sq Ft

1% Below List Price

78 Days on Market

About This Home

As of July 2020

Steeped in history, this lovely Old-Style home captures attention at first glance with its stately lines, mansard roof, inviting porch, and favorable location above street level. You'll feel above it all, as you admire Ipswich River views from the living room picture window. Charming details inside this 1900 antique include an elegant stairway, rustic wide pine floors, exposed beams, brick hearths, built-in shelves and handy China cupboard. A 3-season, brick-floored mud room provides useful transition space and a sunny and bright sitting area. Offering 8 rooms in all, including 4 attractive bedrooms and 2.5 baths, this home is cozy and comfortable - the current owners have cared for it in a lived in, loved way! The nearly 1-acre yard offers lawn and perennial gardens at an address that is just minutes from the town wharf, village center, beaches and Boston commuter rail.

Last Agent to Sell the Property

Ingrid Miles

Keller Williams Realty Evolution Listed on: 04/01/2015

Keller Williams Realty Evolution

Last Buyer's Agent

Ingrid Miles

Keller Williams Realty Evolution Listed on: 04/01/2015

Keller Williams Realty Evolution

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,590

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Gentle Slope, Scenic View(s)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Laundromat, Conservation Area, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Hardwood, Pine
  • Interior Amenities: Cable Available
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 14X13
  • Bedroom 3: Second Floor, 14X11
  • Bedroom 4: Second Floor, 15X10
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor, 15X20
  • Laundry Room: First Floor
  • Living Room: First Floor, 14X26
  • Master Bedroom: Second Floor, 18X10
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Wood
  • Dining Room: First Floor, 11X18
  • Family Room: First Floor, 13X18

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Porch - Enclosed, Deck, Screens, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Central Heat, Hot Water Baseboard, Hot Water Radiators, Wood
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 27, 2020
Sold by
Powers Jessica M and Powers Kenneth J
Bought by
Wilson Alexander R and Wilson Johanna F
Seller's Agent
Susan McGrath
J. Barrett & Company
Buyer's Agent
John Kotch
Churchill Properties
List Price
$649,900
Sold Price
$668,000
Premium/Discount to List
$18,100
2.79%
Current Estimated Value
$1,029,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,959
Avg. Annual Appreciation
8.51%
Original Mortgage
$501,000
Outstanding Balance
$450,902
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$557,081

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 28, 2018
Sold by
Traverso Anthony A
Bought by
Powers Jessica M and Powers Kenneth J
Seller's Agent
Ed Dick
J. Barrett & Company
Buyer's Agent
Susan McGrath
J. Barrett & Company
List Price
$585,000
Sold Price
$601,000
Premium/Discount to List
$16,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$476,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2018
Sold by
Traverso Anthony A
Bought by
Greco Jennifer and Greco Robert

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 18, 2015
Sold by
Mcaleer Christopher R and Mcaleer Laurie A
Bought by
Traverso Anthony A
Seller's Agent
Ingrid Miles
Keller Williams Realty Evolution
Buyer's Agent
Ingrid Miles
Keller Williams Realty Evolution
List Price
$529,000
Sold Price
$524,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$417,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1987
Sold by
Graham Hugh L
Bought by
Mcaleer Christopher R
Source: Public Records

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Range of Values:

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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 $668,000 None Available
Not Resolvable $601,000 --
Deed -- --
Deed -- --
Deed -- --
Not Resolvable $524,000 --
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $501,000 New Conventional
Closed $501,000 New Conventional
Previous Owner $476,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $668,000 +2.8% $286 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $649,900 +8.1% $278 / Sq Ft
06/28/2018 06/28/18 Sold $601,000 +2.7% $257 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $585,000 +11.6% $250 / Sq Ft
06/18/2015 06/18/15 Sold $524,000 0.0% $224 / Sq Ft
04/02/2015 04/02/15 Off Market $524,000 -- --
04/01/2015 04/01/15 For Sale $529,000 -- $226 / 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 $9,590 $860,100 $275,000 $585,100
2024 $9,163 $805,200 $275,300 $529,900
2023 $8,774 $717,400 $235,000 $482,400
2022 $8,193 $637,100 $221,600 $415,500
2021 $7,619 $576,300 $218,200 $358,100
2020 $6,947 $495,500 $223,300 $272,200
2019 $7,461 $529,500 $271,300 $258,200
2018 $7,063 $496,000 $256,300 $239,700
2017 $6,857 $483,200 $243,500 $239,700
2016 $6,185 $416,500 $205,100 $211,400
2015 -- $421,200 $200,800 $220,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71809360

MLS Property Information Network (MLS PIN)

APN: IPSW-000031C-000128