NOT LISTED FOR SALE

401 Colonial Dr Unit 50 Ipswich, MA 01938

Estimated Value: $644,000 - $721,000

3 Beds
2.5 Baths
1,800 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $630,000 $350 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,586/month

25 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Custom Closet System
  • Ipswich High School Rated A-
  • Medical Services
  • Deck

About This Home

As of September 2024

Lovely 3-bedroom end-unit Town House in desirable Bayside Village. Completely renovated and recently painted throughout, this spacious condo features a step-down fireplaced living room with vaulted beamed ceiling and double sliders to private deck overlooking 40 acres of conservation forest. Separate Dining area and a completely updated custom kitchen with granite counter tops and peninsula for eat-in area. SS appliances and gas stove, large closet/pantry and extended custom cabin cabinets complete the ideal kitchen. Primary bedroom offers double closets en-suite full bath, double vanity sinks, and separate bath/shower as well as the convenience of a washer and dryer. Other features include an attached one-car garage with storage/work area, and central air, Pets are welcome (one dog/ one indoor cat). Walking distance to downtown Ipswich for shopping, restaurants, and MBTA commuter rail. Kayaking/canoeing, hiking many trails and Crane Beach all offer the feel of a vacation home.

Last Agent to Sell the Property

Dee Penachio

J. Barrett & Company Listed on: 08/02/2024

Last Buyer's Agent

Margo DeSimon

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1981 | Remodeled

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Picture Window
  • Sliding Doors
  • Living Room with Fireplace
  • Exterior Basement Entry
  • Attic

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Dual Closets
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • 110 Volts
  • Cable TV Available

Additional Features

  • Deck
  • Near Conservation Area

Listing and Financial Details

  • Legal Lot and Block 050 / 0046
  • Assessor Parcel Number 3995634

Community Details

Overview

  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 50 Units
  • Bayside Village Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Stables
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,742

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$492 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1981
  • Entry Level: 1
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Walk-up Attic
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Window(s) - Picture, Remodeled, Closet - Double
  • Room Bedroom3 Features: Remodeled, Closet - Double
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Remodeled, Closet - Double
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Dryer Hookup - Electric, Remodeled, Washer Hookup
  • Bathroom 3 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances, Gas Stove
  • Laundry Features: Dryer Hookup - Dual, Washer Hookup, Second Floor
  • Room Living Room Level: First
  • Room Living Room Features: Cathedral Ceiling(s), Flooring - Hardwood, Cable Hookup, Deck - Exterior, Exterior Access, Remodeled, Slider, Sunken, Lighting - Sconce
  • Basement: N
  • Living Area: 1800
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • MAIN SO: C95243
  • Insulation: Full, Fiberglass

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 492
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 3995634
  • Zoning: 1R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5742
  • Tax Block: 0046
  • Tax Lot: 050

Multi Family

  • Number Of Units Total: 50
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 23, 2024
Sold by
Markos William John Est and Markos
Bought by
Bottari Nicholas and Soffron Cassandra
Seller's Agent
Dee Penachio
J. Barrett & Company
Buyer's Agent
Margo DeSimon
Compass
List Price
$630,000
Sold Price
$630,000
Views
40
Current Estimated Value
$676,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,959
Avg. Annual Appreciation
7.38%
Original Mortgage
$504,000
Outstanding Balance
$498,335
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,624

Purchase Details

Closed on
Sep 27, 2002
Sold by
Hicks Robert C
Bought by
Foote Peter A and Foote Donna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bottari Nicholas $630,000 None Available
Bottari Nicholas $630,000 None Available
Foote Peter A $325,000 --
Foote Peter A $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bottari Nicholas $504,000
Closed Bottari Nicholas $504,000
Previous Owner Foote Peter A $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $630,000 0.0% $350 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $630,000 +17.8% $350 / Sq Ft
12/27/2022 12/27/22 Sold $535,000 0.0% $253 / Sq Ft View Prior Sale
12/03/2022 12/03/22 Pending -- -- --
11/22/2022 11/22/22 Off Market $535,000 -- --
11/03/2022 11/03/22 For Sale $550,000 -- $260 / 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 $6,058 $543,300 $0 $543,300
2024 $5,742 $504,600 $0 $504,600
2023 $5,099 $416,900 $0 $416,900
2022 $4,668 $363,000 $0 $363,000
2021 $4,690 $354,800 $0 $354,800
2020 $5,107 $364,300 $0 $364,300
2019 $5,106 $362,400 $0 $362,400
2018 $4,792 $336,500 $0 $336,500
2017 $4,715 $332,300 $0 $332,300
2016 $4,776 $321,600 $0 $321,600
2015 $4,188 $310,000 $0 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73273375

MLS Property Information Network (MLS PIN)

APN: IPSW-000053B-000046-000050