NOT LISTED FOR SALE

5 Newmarch St Ipswich, MA 01938

Estimated Value: $646,000 - $837,000

2 Beds
2 Baths
1,258 Sq Ft
$577/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $465,000 $370 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,664/month

26 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Tankless Water Heater
  • Ipswich High School Rated A-
  • Porch
  • French Doors

About This Home

As of August 2018

The neighborhood that everyone wants........Adorable 2 bedroom, 1.5 bath Colonial Cottage. 1+ acre lot with sewer allows expansion or outbuildings without septic issues. New windows, great gardens, granite kitchen counters. Near Town Wharf, MBTA train to Boston, shopping, banks, PO and restaurants. The perfect size, in the perfect spot, in the best community. Come and see the perfect housing solution for both young couples and empty nesters.

Last Agent to Sell the Property

Ed Dick

J. Barrett & Company Listed on: 06/07/2018

Last Buyer's Agent

Ingrid Miles

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,222

Year Built

  • Built in 1888

Lot Details

  • 1.03

Parking

  • 2 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Heating System Uses Oil
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • French Doors
  • Property is zoned RRA
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,222

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 380.76
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1888
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1888

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: French Doors
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Wood, Window(s) - Stained Glass
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Vinyl, Flooring - Wood, Dryer Hookup - Electric, Washer Hookup
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Wood, French Doors
  • Kitchen: On Level: First Floor, Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid
  • Living Room: On Level: First Floor, Closet, Closet/Cabinets - Custom Built, Flooring - Wood
  • Basement: Y
  • Basement Features: Full, Bulkhead
  • Main Lo: C95243
  • Main So: C95236
  • Estimated Sq Ft: 1258.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Frontage: 144.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck, Gutters
  • Foundation: Fieldstone, Brick
  • Insulation Feature: Partial

Garage/Parking

  • Parking Feature: Off-Street, Unpaved Driveway
  • Parking Spaces: 6
  • Garage Parking: Detached, Work Area
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Window AC
  • Heating: Central Heat, Hot Water Radiators, Oil
  • Hot Water: Oil, Tankless
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

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

Schools

  • Middle School: Ipswich Middle
  • High School: Ipswich High

Lot Info

  • Assessments: 383200.00
  • Acre: 1.03
  • Lot Size: 44867.00
  • Page: 37
  • Zoning: RRA
  • Lot Description: Wooded, Cleared, Gentle Slope

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 5456.77
  • Assessor Parcel Number: 1955334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 16, 2018
Sold by
Alan W Cunningham T
Bought by
Pesch Oliver
Seller's Agent
Ed Dick
J. Barrett & Company
Buyer's Agent
Ingrid Miles
Keller Williams Realty Evolution
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%
Total Days on Market
26
Current Estimated Value
$726,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,469
Avg. Annual Appreciation
6.76%
Original Mortgage
$370,000
Outstanding Balance
$324,641
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$401,828

Purchase Details

Closed on
Jan 31, 2000
Sold by
Appleton Clifford H and Mccall Hugh H
Bought by
Cunningham Alan W and Cunningm Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Pesch Oliver $465,000 --
Cunningham Alan W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesch Oliver $370,000
Previous Owner Cunningham Alan W $10,000
Previous Owner Cunningham Alan W $135,000
Previous Owner Cunningham Alan W $131,000
Previous Owner Cunningham Alan W $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $465,000 -2.9% $370 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $479,000 -- $381 / 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 $7,222 $647,700 $416,100 $231,600
2024 $7,012 $616,200 $414,300 $201,900
2023 $6,714 $549,000 $366,400 $182,600
2022 $6,336 $492,700 $329,400 $163,300
2021 $6,167 $466,500 $316,300 $150,200
2020 $6,229 $444,300 $294,500 $149,800
2019 $5,814 $412,600 $279,300 $133,300
2018 $5,457 $383,200 $261,900 $121,300
2017 $5,253 $370,200 $248,800 $121,400
2016 $5,209 $350,800 $244,400 $106,400
2015 $4,622 $342,100 $235,700 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72341591

MLS Property Information Network (MLS PIN)

APN: IPSW-000031D-000078