NOT LISTED FOR SALE

5 Lafayette Rd Ipswich, MA 01938

Ipswich Area

Estimated Value: $804,388

5 Beds
2 Baths
2,033 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2026

Last sale price $810,000 $398 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,980 / mo

5 Days on Market

Highlights

  • Property is near a beach
  • Property is near public transit
  • Jogging Path
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of May 2026

Exceptional opportunity to own a well-maintained two-family property offering both flexibility and strong investment potential. This spacious home features over 2,000 square feet of living space across two units, each with thoughtfully designed layouts, hardwood floors, and bright, sun-filled rooms that showcase an abundance of natural lighting throughout. Unit configurations provide comfortable living with generous bedrooms, living and dining areas, and well-equipped kitchens, making it ideal for owner-occupants or investors alike. Additional highlights include off-street parking, and a full basement for laundry and added storage. Perfectly situated a block from the commuter rail and downtown, this property offers unbeatable convenience for daily commuting and area amenities. Whether you're looking to expand your portfolio or settle into a versatile multi-family home, this property delivers on location, functionality, and charm.

Last Agent to Sell the Property

Laura Crowell

J. Barrett & Company Listed on: 04/09/2026

Last Buyer's Agent

Chloe Brown

Lyv Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 1900

Lot Details

  • 3,680 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,033 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Bulkhead
  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,850
  • Rent includes unit 1(water), unit 2(water)
  • Tax Block 0210
  • Assessor Parcel Number M:41B B:0210 L:0,1955973

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $790
  • Insurance Expense $1,575
  • Water Sewer Expense $3,175
  • Operating Expense $5,540
  • Net Operating Income $61,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,602

Year Built

Built in 1900

Lot Details

3,680 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Bulkhead, Concrete
  • Above Grade Finished Sq Ft: 2033
  • Living Area: 2033
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95243
  • MAIN SO: AN5767

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Baseboard, Oil, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3175

Lot Info

  • Parcel Number: M:41B B:0210 L:0,1955973
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3680
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6602
  • Tax Block: 0210
  • Tax Lot: 0

Multi Family

  • Electric Expense: 790
  • Insurance Expense: 1575
  • Net Operating Income: 61800
  • Number Of Units Total: 2
  • Operating Expense: 5540
  • Total Actual Rent: 2850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2026
Closed on
May 7, 2026
Sold by
Bought by
Seller's Agent
Laura Crowell
J. Barrett & Company
Buyer's Agent
Chloe Brown
Lyv Realty
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Views
35
Current Estimated Value
$804,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,612
Avg. Annual Appreciation
-3.11%

Purchase Details

Closed on
Jan 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
2.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 30, 2017
Sold by
Bought by
Seller's Agent
Shane Small
Compass
Buyer's Agent
AJ Migonis
Vadala Real Estate
List Price
$374,900
Sold Price
$391,420
Premium/Discount to List
$16,520
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$332,707
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2014
Closed on
Jul 15, 2015
Sold by
Bought by
Seller's Agent
Andrea Lacroix
Churchill Properties
Buyer's Agent
Ronn Huth
Buyers Choice Realty
List Price
$349,900
Sold Price
$312,000
Premium/Discount to List
-$37,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$234,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 --
-- None Available
$391,420 --
$312,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $150,000
Previous Owner $72,000
Closed $320,000
Previous Owner $332,707
Previous Owner $234,000
Previous Owner $16,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2026 05/12/26 Sold $810,000 +1.4% $398 / Sq Ft
04/14/2026 04/14/26 Pending -- -- --
04/09/2026 04/09/26 For Sale $799,000 +104.1% $393 / Sq Ft
10/30/2017 10/30/17 Sold $391,420 +4.4% $199 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $374,900 +20.2% $190 / Sq Ft
07/27/2015 07/27/15 Sold $312,000 -10.8% $158 / Sq Ft View Prior Sale
06/27/2015 06/27/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $349,900 -- $178 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,602 $592,100 $262,400 $329,700
2024 $6,204 $545,200 $284,400 $260,800
2023 $5,895 $482,000 $221,200 $260,800
2022 $5,728 $445,400 $211,700 $233,700
2021 $5,645 $427,000 $210,100 $216,900
2020 $5,528 $394,300 $214,900 $179,400
2019 $5,433 $385,600 $208,500 $177,100
2018 $4,624 $324,700 $197,500 $127,200
2017 $4,500 $317,100 $189,600 $127,500
2016 $4,369 $294,200 $170,600 $123,600
2015 $3,890 $287,900 $164,300 $123,600
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73499232

MLS Property Information Network (MLS PIN)

APN: IPSW-000041B-000210

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