NOT LISTED FOR SALE

46 Summer St Ipswich, MA 01938

Estimated Value: $744,000 - $881,000

6 Beds
2 Baths
2,676 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $710,000 $265 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,993/month

4 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 March 2023

Be part of New England history with this Multi-Family home in the heart of Ipswich. Built in 1841 on picturesque Summer street, the well-loved "Cotton-Nourse House" is close to downtown, the library, and the Ipswich River. This property includes two townhouse-style units with separate driveways and entrances. Updates include new electrical throughout the home, new siding and insulation. Kitchens have been updated with new countertops, paint, and flooring, and baths have been fully renovated as well. Original exposed beams and woodwork showcase the historic nature of the property. Full walk-up attic could have additional living area potential. Some walls and flooring need care. This two-unit home is a great investment opportunity to rent one or both units, and enjoy the wonderful and friendly community of Ipswich and all the amenities, charm and beauty of the neighborhood!

Last Agent to Sell the Property

Alexis MacIntyre

Ocean's Edge Real Estate Listed on: 01/31/2023

Ocean's Edge Real Estate

Last Buyer's Agent

The Quail Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,575

Year Built

  • Built in 1930

Lot Details

  • 7,732 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2,676 Sq Ft Home
  • Property has 2 Levels
  • 4 Fireplaces
  • Sun or Florida Room
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Home Security System
  • Intercom

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:31C B:0037 L:0,1955145

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,575

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Sunroom, Unit 1(Storage,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Unit 1(Range,Dishwasher,Compactor,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Crawl Space
  • Living Area: 2676
  • Other Equipment: Unit 1 Intercom
  • Stories Total: 4
  • MAIN LO: AN7710
  • LIST PRICE PER Sq Ft: 294.84
  • PRICE PER Sq Ft: 265.32
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Brick/Mortar
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Security Features: Unit 1 Security System
  • Water Source: Public

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, House of Worship, Marina, Public School, T-Station

Lot Info

  • Parcel Number: M:31C B:0037 L:0,1955145
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7732
  • Lot Size Units: Acres
  • PAGE: 330
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7575
  • Tax Book Number: 11643

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Jan 24, 2023
Sold by
Atkinson Lillian P
Bought by
Atkinson Weymouth
Seller's Agent
Alexis MacIntyre
Ocean's Edge Real Estate
Buyer's Agent
The Quail Group
eXp Realty
List Price
$789,000
Sold Price
$710,000
Premium/Discount to List
-$79,000
-10.01%
Views
34
Current Estimated Value
$803,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,336
Avg. Annual Appreciation
0.98%
Original Mortgage
$532,500
Outstanding Balance
$516,978
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,145

Purchase Details

Closed on
Jun 16, 2022
Sold by
Atkinson Hazel J
Bought by
Atkinson Weymouth

Purchase Details

Closed on
Apr 19, 2017
Sold by
Atkinson Jacquelyn P
Bought by
Atkinson Weymouth

Purchase Details

Closed on
Mar 15, 2017
Sold by
Atkinson Ft and Atkinson
Bought by
Atkinson Weymouth
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
Atkinson Weymouth -- None Available
Atkinson Weymouth -- None Available
Atkinson Weymouth -- None Available
Atkinson Weymouth -- None Available
Atkinson Weymouth -- None Available
Atkinson Weymouth -- None Available
Atkinson Weymouth -- --
Atkinson Weymouth -- --
Atkinson Weymouth -- --
Atkinson Jacquelyn P -- --
Atkinson Jacquelyn P -- --
Atkinson Weymouth -- --
Atkinson Weymouth -- --
Atkinson Weymouth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4-6 Summer Street Llc $532,500
Closed 4-6 Summer Street Llc $532,500
Previous Owner Atkinson Weymouth $738,000
Previous Owner Atkinson Weymouth $50,000
Previous Owner Reynolds Thomas D $56,250
Previous Owner Reynolds Thomas D $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $710,000 -10.0% $265 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $789,000 -- $295 / 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 $7,389 $662,700 $313,000 $349,700
2024 $7,458 $655,400 $311,700 $343,700
2023 $7,575 $619,400 $262,500 $356,900
2022 $7,070 $549,800 $255,900 $293,900
2021 $6,933 $524,400 $254,300 $270,100
2020 $6,864 $489,600 $255,900 $233,700
2019 $6,481 $460,000 $247,700 $212,300
2018 $6,411 $450,200 $237,900 $212,300
2017 $6,269 $441,800 $229,700 $212,100
2016 $5,815 $391,600 $216,600 $175,000
2015 $5,143 $380,700 $211,600 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73074688

MLS Property Information Network (MLS PIN)

APN: IPSW-000031C-000037