NOT LISTED FOR SALE

500 Colonial Dr Unit 301 Ipswich, MA 01938

Ipswich Area

Estimated Value: $341,000 - $414,080

1 Bed
1 Bath
787 Sq Ft
1985 Built

Sale Details

Date Sold: July 3, 2024

Last sale price $401,000 $510 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,791 / mo

4 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Property is near public transit and schools
  • No Units Above
  • Clubhouse
  • Corner Lot

About This Home

As of July 2024

Welcome to this pristine top floor one bedroom corner unit at River Ridge in Ipswich! Take the elevator up to see this beautifully renovated condo with great attention to detail and craftsmanship. Enjoy cooking your meals in the gorgeous new kitchen with quartz countertops and stainless steel appliances. Updates also include luxury vinyl flooring, new carpet, freshly painted walls, a new bathroom, lighting fixtures, and more!! Sit out on your balcony and enjoy the nestled wooded surroundings or cool off inside with the central air. Association amenities include an outdoor in-ground pool with a clubhouse and nearby conservation walking paths. Assigned parking, pets allowed, and in unit laundry. The location is fantastic! Close to historic downtown Ipswich, the MBTA commuter rail, fine dining establishments, and Crane’s beach. Private showings Sunday 1:00-2:00. OFFER DEADLINE Sunday @ 5:00pm

Last Agent to Sell the Property

Karen Cronin

eXp Realty LLC - Corporate Office Listed on: 05/15/2024

eXp Realty LLC - Corporate Office

Last Buyer's Agent

Katharine Heffernan

Today Real Estate, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1985 | Remodeled

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Shingle Roof

Interior Spaces

  • 787 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Light Fixtures
  • Intercom

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System

Additional Features

  • No Units Above
  • Property is near public transit and schools

Listing and Financial Details

  • Legal Lot and Block 301 / 047
  • Assessor Parcel Number 1957273

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 100 Units
  • River Ridge Of Ipswich Community
  • Near Conservation Area

Amenities

  • Shops
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Jogging Path
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 1985 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1985
  • Entry Level: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Entry Location: Unit Placement(Garden)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet, Remodeled, Closet - Double
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • Room Dining Room Features: Flooring - Vinyl, Open Floorplan, Remodeled, Lighting - Overhead
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances, Lighting - Overhead
  • Laundry Features: Common Area, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Features: Flooring - Vinyl, Balcony - Exterior, Remodeled
  • Basement: N
  • Living Area: 787
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0342
  • MAIN SO: AN6181
  • Insulation: Full

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above, Corner
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Elevator(s), Trail(s), Clubhouse
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Conservation Area, Public School, T-Station
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 1957273
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3108
  • Tax Block: 047
  • Tax Lot: 301

Multi Family

  • Number Of Units Total: 100
  • Basement Included Sq Ft: No

MLS Schools

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

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
May 15, 2024
Closed on
Jul 3, 2024
Sold by
Laferriere Susan A Est and Laferriere
Bought by
Seller's Agent
Karen Cronin
eXp Realty LLC - Corporate Office
Buyer's Agent
Katharine Heffernan
Today Real Estate, Inc.
List Price
$349,900
Sold Price
$401,000
Premium/Discount to List
$51,100
14.6%
Views
34
Current Estimated Value
$388,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,230
Avg. Annual Appreciation
-1.42%
Original Mortgage
$107,000
Outstanding Balance
$104,722
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$284,048

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 13, 2012
Sold by
Spear Norma S
Bought by
Laferriere Susan A
Seller's Agent
Katherine Finch
Windhill Realty, LLC
Buyer's Agent
Denise Mootafian
Windhill Realty, LLC
List Price
$148,000
Sold Price
$140,000
Premium/Discount to List
-$8,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$112,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Bonzagni Christine M
Bought by
Spear Norma S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.09%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Fnma
Bought by
Bonzagni Christine M

Purchase Details

Closed on
Sep 29, 1993
Sold by
Taggart Deryth S and Fed Natl Mtg Assn
Bought by
Federal National Mortgage Association
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ipswich, MA

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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
$401,000 None Available
Laferriere Susan A $140,000 --
Spear Norma S $87,800 --
Bonzagni Christine M $60,500 --
Federal National Mortgage Association $66,000 --
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
Open $107,000
Previous Owner Laferriere Susan A $112,000
Previous Owner Spear Norma S $50,000
Previous Owner Spear Norma $25,000
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
07/03/2024 07/03/24 Sold $401,000 +14.6% $510 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $349,900 -- $445 / 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 $3,374 $302,600 $0 $302,600
2024 $3,210 $282,100 $0 $282,100
2023 $3,231 $264,200 $0 $264,200
2022 $2,770 $215,400 $0 $215,400
2021 $2,696 $203,900 $0 $203,900
2020 $2,567 $183,100 $0 $183,100
2019 $2,378 $168,800 $0 $168,800
2018 $2,315 $162,600 $0 $162,600
2017 $2,282 $160,800 $0 $160,800
2016 $2,198 $148,000 $0 $148,000
2015 $1,833 $135,700 $0 $135,700
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73238291

MLS Property Information Network (MLS PIN)

APN: IPSW-000053B-000047-000301

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