$405,000
SOLD MAY 22, 2026

500 Colonial Dr Unit 5 Ipswich, MA 01938

Ipswich Area
2 Beds
2 Baths
1,113 Sq Ft
1985 Built

Sale Details

Date Sold: May 22, 2026

$364 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • Marina
  • Property is near a beach
  • Property is near golf course, public transit, and schools
  • In Ground Pool
  • Clubhouse
  • Intercom

About This Home

As of May 2026

GROUND LEVEL UNIT - This 2-bedroom, 2 full bath is privately set in the rear of the last building, offering a quiet and peaceful location. The spacious primary suite features an ensuite bath and generous walk-in closet. The living and dining area, along with both bedrooms, showcase NEW luxury vinyl flooring, creating a fresh, modern feel throughout. Additional improvements by this owner include an upgraded heat pump/central AC condenser for added comfort. Enjoy your private patio w/room for chairs & side table. Association amenities include an outdoor in-ground pool with a clubhouse & nearby conservation walking paths. Assigned parking, pets allowed & in unit laundry, plus on site storage unit. Location is fantastic! Close to historic downtown Ipswich, the MBTA commuter rail, fine dining establishments, & Crane’s beach.

Last Agent to Sell the Property

Christine Carey

DiPietro Group Real Estate Listed on: 02/25/2026

Last Buyer's Agent

Karen Masino

J. Barrett & Company

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1985

HOA Fees

  • $514 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Exterior Basement Entry
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Property is near a beach
  • Patio

Location

  • Property is near golf course, public transit, and schools

Utilities

  • Central Air
  • 1 Cooling Zone
  • Heat Pump System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:53B B:0047 L:A5,1957265

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 100 Units
  • River Ridge Condominium Community
  • Near Conservation Area

Amenities

  • Common Area
  • Shops
  • Clubhouse

Recreation

  • Marina
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1985
  • Entry Level: 1
  • Year Built Details: Actual
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • MLSPIN_PET_RESTRICTIONS_ALLOW: Other (See Remarks)
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood Laminate
  • Entry Location: Unit Placement(Ground,Walkout,Garden)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Laminate
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Laminate
  • Room Master Bedroom Level: Main,First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Laminate, Recessed Lighting
  • Room Dining Room Level: First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Laminate, Exterior Access, Recessed Lighting
  • Basement: N
  • Above Grade Finished Sq Ft: 1113
  • Living Area: 1113
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN7162
  • MAIN SO: C95243

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Waterfront Features: Ocean, River
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Clubhouse
  • Association Fee: 514
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Golf, Conservation Area, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

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

Lot Info

  • Parcel Number: M:53B B:0047 L:A5,1957265
  • Zoning: 1R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4028

Multi Family

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

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
Feb 25, 2026
Closed on
Apr 14, 2026
Sold by
Bought by
Seller's Agent
Christine Carey
DiPietro Group Real Estate
Buyer's Agent
Karen Masino
J. Barrett & Company
List Price
$424,999
Sold Price
$405,000
Premium/Discount to List
-$19,999
-4.71%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Mar 23, 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
$120,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 10, 2019
Sold by
Bought by
Seller's Agent
Andrea Della Valle
Churchill Properties
Buyer's Agent
Paul Nameche
Jebb Realty
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$270,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 1995
Sold by
Bought by

Purchase Details

Closed on
May 24, 1991
Sold by
Bought by
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 Type Sale Price Title Company
Quit Claim Deed $405,000 --
Quit Claim Deed -- None Available
Quit Claim Deed $270,000 --
Deed $140,000 --
Deed $80,500 --
Deed $85,000 --
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 Loan Amount Loan Type
Previous Owner $120,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $270,000 New Conventional
Previous Owner $69,000 No Value Available
Previous Owner $10,000 No Value Available
Previous Owner $120,000 No Value Available
Previous Owner $112,000 No Value Available
Previous Owner $112,000 No Value Available
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
05/22/2026 05/22/26 Sold $405,000 -4.7% $364 / Sq Ft
03/20/2026 03/20/26 Pending -- -- --
03/14/2026 03/14/26 For Sale $424,999 0.0% $382 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
02/25/2026 02/25/26 For Sale $424,999 +57.4% $382 / Sq Ft
10/11/2019 10/11/19 Sold $270,000 -3.6% $243 / Sq Ft View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $280,000 0.0% $252 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $280,000 -- $252 / 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 $4,028 $361,300 $0 $361,300
2024 $4,131 $363,000 $0 $363,000
2023 $4,164 $340,500 $0 $340,500
2022 $3,546 $275,700 $0 $275,700
2021 $3,453 $261,200 $0 $261,200
2020 $3,288 $234,500 $0 $234,500
2019 $3,050 $216,500 $0 $216,500
2018 $2,975 $208,900 $0 $208,900
2017 $2,933 $206,700 $0 $206,700
2016 $2,824 $190,200 $0 $190,200
2015 $2,359 $174,600 $0 $174,600
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73480239

MLS Property Information Network (MLS PIN)

APN: IPSW-000053B-000047-A000005

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