NOT LISTED FOR SALE

500 Colonial Dr Unit 8 Ipswich, MA 01938

Estimated Value: $334,000 - $355,621

1 Bed
1 Bath
772 Sq Ft
$296/mo HOA Fee

Last Sold November 30, 2016

Last sale price $169,400 $219 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,396/month

197 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Covered Patio or Porch
  • Ipswich High School Rated A-
  • Main Floor Primary Bedroom
  • Elevator

About This Home

As of November 2016

You'll love the single-level living in this immaculate condo in Ipswich's desirable River Ridge! Bright and sunny, with an open floor plan, central AC, and "Pottery Barn" decor, this ground floor unit is move-in ready! The building and grounds are professionally managed and beautifully maintained, with an outdoor pool and clubhouse. The private covered deck provides access to the outdoors and there's extra storage space just steps from the unit. Close to downtown Ipswich amenities and local beaches, the location can't be beat! Don't miss the chance to own this charming property!

Last Agent to Sell the Property

Kevin McRobbie

Leading Edge Real Estate Listed on: 09/12/2016

Last Buyer's Agent

Susan Sapienza

Lyv Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 1985

HOA Fees

  • $296 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wall to Wall Carpet
  • Exterior Basement Entry

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:53B B:0047 L:A8,1957267

Community Details

Overview

  • Association fees include sewer, maintenance structure, ground maintenance, snow removal
  • 100 Units

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,159

Year Built

Built in 1985

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1985
  • Buyer Agency: 2.0%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.0%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Room Kitchen Level: Main
  • Room Kitchen Features: Stainless Steel Appliances
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan
  • Living Area: 772
  • Stories Total: 1
  • MAIN LO: an4339
  • LIST PRICE PER Sq Ft: 220.08
  • PRICE PER Sq Ft: 219.43
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Covered
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 296
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 8
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:53B B:0047 L:A8,1957267
  • Zoning: 1R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 256
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2159
  • Tax Book Number: 31536

Multi Family

  • Number Of Units Total: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Nov 30, 2016
Sold by
Harbert Dana
Bought by
Burke Jeffrey D
Seller's Agent
Kevin McRobbie
Leading Edge Real Estate
Buyer's Agent
Susan Sapienza
Lyv Realty
List Price
$169,900
Sold Price
$169,400
Premium/Discount to List
-$500
-0.29%
Current Estimated Value
$344,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,005
Avg. Annual Appreciation
8.31%
Original Mortgage
$151,400
Outstanding Balance
$122,253
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$222,152

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jul 19, 2012
Sold by
North Shore Bank
Bought by
Harbert Dana
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$119,900
Sold Price
$106,000
Premium/Discount to List
-$13,900
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$84,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2002
Sold by
Griffin Barbara J
Bought by
Michallyszyn Frank R

Purchase Details

Closed on
Oct 15, 1999
Sold by
Ruspantini Linda M
Bought by
Griffin Barbara J

Purchase Details

Closed on
Oct 1, 1998
Sold by
Pauze Anne
Bought by
Ruspantini Linda M

Purchase Details

Closed on
Aug 8, 1997
Sold by
Gordon College
Bought by
Pauze Anne

Purchase Details

Closed on
Jun 13, 1997
Sold by
Spellman Edith G
Bought by
Gordon College

Purchase Details

Closed on
Oct 26, 1994
Sold by
Dann Lottie L
Bought by
Spellman Edith G

Purchase Details

Closed on
Jun 29, 1993
Sold by
Lloyd Jo Anna M
Bought by
Dann Lottie L

Purchase Details

Closed on
Jul 1, 1988
Sold by
Cohen Theodore A
Bought by
Greeley Jo Anna M
Source: Public Records

Range of Values:

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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
Burke Jeffrey D $169,400 --
Harbert Dana $106,000 --
Michallyszyn Frank R $171,000 --
Griffin Barbara J $97,500 --
Ruspantini Linda M $76,000 --
Pauze Anne $65,000 --
Gordon College $51,000 --
Spellman Edith G $52,000 --
Dann Lottie L $72,000 --
Greeley Jo Anna M $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Jeffrey D $151,400
Previous Owner Greeley Jo Anna M $84,800
Previous Owner Greeley Jo Anna M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2016 11/30/16 Sold $169,400 -0.3% $219 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $169,900 0.0% $220 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $169,900 +60.3% $220 / Sq Ft
07/19/2012 07/19/12 Sold $106,000 -11.6% $137 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $119,900 -- $155 / 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 $3,346 $300,100 $0 $300,100
2024 $3,176 $279,100 $0 $279,100
2023 $3,198 $261,500 $0 $261,500
2022 $2,720 $211,500 $0 $211,500
2021 $2,648 $200,300 $0 $200,300
2020 $2,519 $179,700 $0 $179,700
2019 $2,336 $165,800 $0 $165,800
2018 $2,276 $159,800 $0 $159,800
2017 $2,242 $158,000 $0 $158,000
2016 $2,159 $145,400 $0 $145,400
2015 $1,802 $133,400 $0 $133,400
Source: Public Records

Agents Affiliated with this Home

  • Kevin McRobbie

    Seller's Agent in 2016

    Kevin McRobbie

    Leading Edge Real Estate

    (978) 376-8093

    39 Total Sales

    Kevin McRobbie
    Section Image

  • S

    Seller's Agent in 2012

    Susan Keenan

    RE/MAX

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72066174

MLS Property Information Network (MLS PIN)

APN: IPSW-000053B-000047-A000008

Massachusetts Essex County Ipswich 01938

500 Colonial Dr Unit 8, Ipswich, MA

This home is located at 500 Colonial Dr Unit 8, Ipswich, MA 01938 since 12 September 2016 and is currently estimated at $344,405, approximately $446 per square foot. This property was built in 1985. 500 Colonial Dr Unit 8 is a home located in Essex County with nearby schools including Ipswich High School and Pingree School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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