NOT LISTED FOR SALE

5 Cottage St Ipswich, MA 01938

Estimated Value: $584,000 - $663,611

3 Beds
2 Baths
1,231 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $580,000 $471 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,870/month

3 Days on Market

Highlights

  • Community Stables
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit and schools
  • Victorian Architecture

About This Home

As of March 2022

First showings at open house Sat. 2/5 10-12. What's not to like with this Mansard Victorian home located in the heart of downtown Ipswich- close to downtown amenities, commuter rail, shopping, restaurants, and on town sewer! This charming 3 bed/ 2 bath home is situated a one-way street and on a flat lot with a fully fenced backyard with deck & shed. Open concept Kitchen and Dining offer a bright space to cook and eat with access to the deck. All bedrooms and bath located on 2nd level with pull down attic space for extra storage needs. High ceilings throughout adds to the charm of this unique home. This is your chance to snag your Ipswich resident Crane Beach sticker for the year and be able to access everything Ipswich has to offer as Spring and Summer approaches!

Last Agent to Sell the Property

Aalin Hubbard

Windhill Realty, LLC Listed on: 02/02/2022

Last Buyer's Agent

Chrisanne Connolly

Wilson Wolfe Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront
  • Fenced
  • Property is zoned IR

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,231 Sq Ft Home
  • Insulated Windows

Kitchen

  • Range
  • Freezer
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Laundry in Basement

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit and schools

Schools

  • IMS Middle School
  • IHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 1956007

Community Details

Overview

  • Near Conservation Area

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Community Stables
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Fireplace YN: No
  • Appliances: Range,Disposal,Refrigerator,Freezer,Washer,Dryer, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Basement: Full, Dirt Floor, Unfinished
  • Living Area: 1231
  • Window Features: Insulated Windows
  • MAIN LO: C95171
  • MAIN SO: B61601

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront Features: Beach Front, Bay, Ocean, River, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Laundromat, Conservation Area, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1956007
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 5488

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5273
  • Tax Lot: 247

MLS Schools

  • High School: Ihs
  • Middle Or Junior School: Ims

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 10, 2022
Sold by
Lomas Genia F and Lomas Marissa F
Bought by
Bartnik Leah and Crespi John
Seller's Agent
Aalin Hubbard
Windhill Realty, LLC
Buyer's Agent
Chrisanne Connolly
Wilson Wolfe Real Estate
List Price
$475,000
Sold Price
$580,000
Premium/Discount to List
$105,000
22.11%
Current Estimated Value
$624,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,903
Avg. Annual Appreciation
1.86%
Original Mortgage
$464,000
Outstanding Balance
$431,968
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,935

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 25, 2015
Sold by
Casella Mark V and Casella Angela
Bought by
Lomas Marissa F and Lomas Genia F
Seller's Agent
Julia Virden
J. Barrett & Company
Buyer's Agent
Aalin Hubbard
Windhill Realty, LLC
List Price
$349,000
Sold Price
$361,000
Premium/Discount to List
$12,000
3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$342,950
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Arinello Janice M and Arinello Stephen C
Bought by
Casella Mark and Casella Angela

Purchase Details

Closed on
May 7, 1999
Sold by
Howard Thomas and Howard Michelle
Bought by
Arinello Stephen C and Arinello Janice M

Purchase Details

Closed on
Jul 31, 1998
Sold by
Woodburn Louis Scott and Woodburn Cynthia
Bought by
Howard Thomas and Howard Michelle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Bartnik Leah $580,000 None Available
Bartnik Leah $580,000 None Available
Lomas Marissa F $361,000 --
Casella Mark $380,000 --
Casella Mark V $380,000 --
Arinello Stephen C $193,900 --
Arinello Stephen C $193,900 --
Howard Thomas $165,000 --
Howard Thomas $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartnik Leah $464,000
Closed Bartnik Leah $464,000
Previous Owner Lomas Marissa F $342,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $580,000 +22.1% $471 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $475,000 +31.6% $386 / Sq Ft
06/25/2015 06/25/15 Sold $361,000 0.0% $292 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
04/21/2015 04/21/15 Off Market $361,000 -- --
04/15/2015 04/15/15 For Sale $349,000 -- $282 / 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 $6,362 $570,600 $289,200 $281,400
2024 $6,127 $538,400 $289,200 $249,200
2023 $5,419 $443,100 $225,000 $218,100
2022 $5,276 $410,300 $215,300 $195,000
2021 $5,207 $393,900 $213,700 $180,200
2020 $5,507 $392,800 $218,500 $174,300
2019 $5,329 $378,200 $212,100 $166,100
2018 $5,074 $356,300 $200,800 $155,500
2017 $4,942 $348,300 $192,800 $155,500
2016 $4,609 $310,400 $173,500 $136,900
2015 -- $304,000 $167,100 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72939158

MLS Property Information Network (MLS PIN)

APN: IPSW-000041B-000247

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