NOT LISTED FOR SALE

55 Town Farm Rd Ipswich, MA 01938

Estimated Value: $1,020,000 - $1,219,594

16.9 Acres
$66,260 Price per Acre
736,164 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $220,000 $113 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $6,904/month

264 Days on Market

Highlights

  • Scenic Views
  • Waterfront
  • Farm
  • Ipswich High School Rated A-
  • 16.9 Acre Lot
  • Property is near public transit

About This Lot

As of March 2016

Beautiful and scenic 16+ parcel of land. This property offers breath taking water views and unparalleled natural beauty. Town Farm Road is a road less traveled ; tucked away with a country-esque feel yet within walking distance to the heart of downtown Ipswich. Zoned RRA this land has potential for your dream home to be situated on and enjoyed. All permits, approvals and due diligence are responsibility of the buyer. A Perc test has been done and is on file. TITLE ISSUES are in the process of being resolved and could reduce the land acerage by 1/3 of an acre. More details upon request.

Last Agent to Sell the Property

Noel Marecka

Windhill Realty, LLC License #454005646 Listed on: 02/04/2015

Last Buyer's Agent

Iris Goldman

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,298

Lot Details

  • 16.9 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Marsh on Lot
  • Property is zoned RRA

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Scenic Vista Views
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 1952373

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: BB9036
  • MAIN SO: an6181

Exterior Features

  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Marsh, Ocean
  • Waterfront YN: Yes

Utilities

  • Sewer: Other
  • Gas: Other (See Remarks)
  • Electric: Other (See Remarks)
  • Water Source: Other

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1952373
  • Zoning: RRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Wetlands, Farm, Marsh
  • Lot Size Acres: 16.9
  • Lot Size Area: 16.9
  • Lot Size Sq Ft: 736163.999999
  • Lot Size Units: Acres
  • LOT SIZE: 736164
  • PAGE: 414
  • PERC TEST: N

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1297.61
  • Tax Book Number: 15758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Bakal Shendel
Bought by
Shendel Bakel T
Current Estimated Value
$1,119,797

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 18, 2016
Sold by
Victoria S Kozazcki Ft
Bought by
Bakal Shendel and Coletti Thomas
Seller's Agent
Noel Marecka
Windhill Realty, LLC
Buyer's Agent
Iris Goldman
Coldwell Banker Realty - Marblehead
List Price
$550,000
Sold Price
$220,000
Premium/Discount to List
-$330,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%

Purchase Details

Closed on
May 14, 2012
Sold by
Kozazcki Farm T
Bought by
Victoria S Kozazcki Ft

Purchase Details

Closed on
Oct 11, 1994
Sold by
Kozazcki Ft and Kozazcki Mitchell
Bought by
Kozazcki Mark S and Kozazcki Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shendel Bakel T -- None Available
Bakal Shendel $220,000 --
Victoria S Kozazcki Ft -- --
Kozazcki Mark S $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakal Shendel $100,000
Previous Owner Kozazcki Mark S $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $220,000 -60.0% $113 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/04/2015 02/04/15 For Sale $550,000 -- $281 / 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 $9,773 $876,500 $422,800 $453,700
2024 $9,316 $818,586 $420,486 $398,100
2023 $9,182 $750,747 $372,047 $378,700
2022 $8,797 $684,087 $339,787 $344,300
2021 $9,035 $683,409 $325,909 $357,500
2020 $8,948 $638,209 $304,109 $334,100
2019 $9,599 $681,230 $350,830 $330,400
2018 $4,748 $333,430 $333,430 $0
2017 $1,391 $98,030 $82,530 $15,500
2016 $1,435 $96,620 $80,520 $16,100
2015 $1,305 $96,620 $80,520 $16,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71789881

MLS Property Information Network (MLS PIN)

APN: IPSW-000021-000088