NOT LISTED FOR SALE

500 Colonial Dr Unit 309 Ipswich, MA 01938

Estimated Value: $336,000 - $356,986

1 Bed
1 Bath
786 Sq Ft
1985 Built

Last Sold August 09, 2013

Last sale price $140,000 $178 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,109/month

89 Days on Market

About This Home

As of August 2013

Enjoy beautiful River Ridge Condominium Community close to Crane Beach and downtown transportation. This well maintained 1 bedroom condo has newer windows a fully applianced kitchen with updated sink and faucet. The open floor plan dining/living room area is ideal for entertaining. Two oversized closets in bedroom, oversized linen closet, washer/dryer combination. Extra storage and elevator in the building. Wonderful amenities for the summer months, enjoy the pool and clubhouse.

Last Agent to Sell the Property

Karen Masino

J. Barrett & Company Listed on: 03/18/2013

Last Buyer's Agent

Karen Masino

J. Barrett & Company Listed on: 03/18/2013

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,373

Year Built

1985

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station
  • Electric: 220 Volts, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available, Intercom
  • Bathroom #1: First Floor, 7X5
  • Kitchen: First Floor, 10X8
  • Laundry Room: First Floor
  • Living Room: First Floor, 20X12
  • Master Bedroom: First Floor, 16X13
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Porch, Tennis Court

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: River Ridge
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Clubroom, Extra Storage, Refuse Removal
  • Association Pool: Yes
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 100
  • Unit Building: 309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
Aug 9, 2013
Sold by
Tolios Tricia L
Bought by
Moynihan Kathleen M
Seller's Agent
Karen Masino
J. Barrett & Company
Buyer's Agent
Karen Masino
J. Barrett & Company
List Price
$148,000
Sold Price
$140,000
Premium/Discount to List
-$8,000
-5.41%
Current Estimated Value
$345,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,747
Avg. Annual Appreciation
7.69%
Original Mortgage
$105,000
Outstanding Balance
$78,271
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$267,476

Purchase Details

Closed on
Jun 28, 2010
Sold by
Collins 4Th William F and Collins Erin E
Bought by
Tolios Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Davidson Alexandria R
Bought by
Collins 4Th William F and Collins Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Dimuzio Ernest A
Bought by
Davidson Alexandria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,910
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Dibenedetto Brett R
Bought by
Dimuzio Ernest A and Dimuzio Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1998
Sold by
Moynihan David K and Moynihan Maria C
Bought by
Dibenedetto Brett R and Dibeneddeto Elaine L
Source: Public Records

Range of Values:

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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
Moynihan Kathleen M $140,000 --
Tolios Tricia L $140,000 --
Collins 4Th William F $182,500 --
Davidson Alexandria R $189,900 --
Dimuzio Ernest A $94,500 --
Dibenedetto Brett R $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moynihan Kathleen M $105,000
Previous Owner Dibenedetto Brett R $112,000
Previous Owner Dibenedetto Brett R $164,000
Previous Owner Dibenedetto Brett R $170,910
Previous Owner Dibenedetto Brett R $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $140,000 -2.1% $178 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
05/11/2013 05/11/13 Price Changed $143,000 -3.4% $182 / Sq Ft
03/18/2013 03/18/13 For Sale $148,000 -- $188 / 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 $3,373 $302,500 $0 $302,500
2024 $3,208 $281,900 $0 $281,900
2023 $3,229 $264,000 $0 $264,000
2022 $2,746 $213,500 $0 $213,500
2021 $2,673 $202,200 $0 $202,200
2020 $2,545 $181,500 $0 $181,500
2019 $2,359 $167,400 $0 $167,400
2018 $2,297 $161,300 $0 $161,300
2017 $2,263 $159,500 $0 $159,500
2016 $2,180 $146,800 $0 $146,800
2015 $1,818 $134,600 $0 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71495018

MLS Property Information Network (MLS PIN)

APN: IPSW-000053B-000047-000309