$601,000
SOLD JUN 28, 2018

40 East St Ipswich, MA 01938

4 Beds
3 Baths
2,337 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • River View
  • Deck
  • Enclosed patio or porch
  • Ipswich High School Rated A-
  • Wood Flooring
  • Tankless Water Heater

About This Home

As of July 2020

RIGHT IN THE HEART OF WHAT WE AFFECTIONATELY REFER TO AS “THE BACK BAY OF IPSWICH,” this TURN-OF-THE-CENTURY MANSARD is perched up on a hill above East Street, at the top of Scottons Lane with VIEW DOWN TO THE IPSWICH RIVER. Perfect setting, perfect fenced back yard. Close to center: the MBTA train to Boston, library, town hall, restaurants and shops. Well-maintained 4-bedroom home with 2 and 1/2 baths. Generous bedrooms, UNIQUE FLOOR PLAN works for entertaining and easy living. Eat-in kitchen and spacious dining room both connect to EXPANSIVE BRICK-FLOOR PORCH ideal for warm-weather meals and a place for kids on a rainy summer day. HW and pine floors throughout, 2 new stoves, one wood burning, one pellet, provide alternatives to oil-fired heating system. AND THE LIVING ROOM … southeastern-facing picture window, bookshelf-lined wall, HW floor …. you can visualize holidays and other family gatherings in this grand room. BE RIGHT IN THE HEART OF ALL IPSWICH HAS TO OFFER!

Last Agent to Sell the Property

Ed Dick

J. Barrett & Company Listed on: 05/01/2018

Last Buyer's Agent

Susan McGrath

J. Barrett & Company License #454007768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,590

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Property is zoned IR

Property Views

  • River Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Pine Flooring

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Central Heating
  • Hot Water Baseboard Heater
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,590

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 250.32
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Hardwood, Pine
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 17X11, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Dimension: 14X14, Flooring - Wood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X11, Flooring - Wood
  • Bedroom 4: On Level: Second Floor, Dimension: 15X11, Flooring - Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Closet - Linen, Flooring - Wood
  • Bathroom 2: On Level: Second Floor, Bathroom - With Shower Stall, Flooring - Wood
  • Bathroom 3: On Level: Second Floor, Bathroom - With Tub & Shower, Flooring - Wood
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 18X11, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 12X14, Wood / Coal / Pellet Stove, Flooring - Wood
  • Kitchen: On Level: First Floor, Dimension: 20X13, Wood / Coal / Pellet Stove, Flooring - Hardwood, Dining Area, Pantry, Breakfast Bar / Nook, Country Kitchen, Dryer Hookup - Electric, Washer Hookup
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 25X15, Ceiling - Beamed, Flooring - Hardwood, Window(s) - Picture
  • Basement: Y
  • Basement Features: Partial, Crawl, Interior Access, Bulkhead
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 2337.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Frontage: 86.00
  • Waterview Features: River, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch - Enclosed, Deck, Patio, Gutters
  • Foundation: Fieldstone, Irregular
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Stone/Gravel, Unpaved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heating: Central Heat, Hot Water Baseboard, Steam, Oil
  • Heat Zones: 2
  • Hot Water: Oil, Tankless
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Schools

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

Lot Info

  • Assessments: 496000.00
  • Acre: 0.24
  • Lot Size: 10277.00
  • Page: 344
  • Zoning: IR
  • Lot Description: Fenced/Enclosed, Gentle Slope, Scenic View(s)

Green Features

  • Energy Features: Storm Windows, Storm Doors

Tax Info

  • Taxes: 7063.04
  • Assessor Parcel Number: 1955237

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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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: 72318337

MLS Property Information Network (MLS PIN)

APN: IPSW-000031C-000128