NOT LISTED FOR SALE

59 S Main St Unit 1 Ipswich, MA 01938

Estimated Value: $221,000 - $388,000

1 Bed
1 Bath
456 Sq Ft
$125/mo HOA Fee

Last Sold November 17, 2022

Last sale price $205,000 $450 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,079/month

4 Days on Market

Highlights

  • Golf Course Community
  • 5-minute walk to Ipswich
  • Open Floorplan
  • Ipswich High School Rated A-
  • Waterfront
  • Custom Closet System

About This Home

As of November 2022

Rare opportunity to live in Ipswich. Riverfront first floor, one bedroom condo zoned central business that allows for residential or commercial use. Architectural details abound w/dentil crown molding, marble hearth fireplace, built in bookcase hailing from earlier days of master carpentry. Wood floors, galley kitchen, pantry, mini-split wall unit provides supplemental heating and AC, gas/forced hot air heat and 3/4 bath found therein. Open concept living space and ideal as a pied a terre, second home or entry level housing. Spacious storage locker in lower level and assigned parking space. Additional parking across in public lot if needed or at the fish ladder next to driveway. Use of front hall is designated for this first floor garden style unit. Great bay windows/shades to remain. Conveniently located for access to Riverwalk, commuter rail, Crane Beach, Castle Hill, local museums and town amenities. Move in condition. A must see! All offers, if any, due 10/10 by 6 pm.

Last Listed By

Ingrid Miles

Keller Williams Realty Evolution Listed on: 10/06/2022

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1716

Lot Details

  • Waterfront
  • Near Conservation Area

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 456 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Living Room with Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Custom Closet System
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 4509028

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, trash
  • 3 Units
  • Ipswich Riverwalk Condominium Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,726

Year Built

Built in 1716

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1716
  • Buyer Agency: 2.0
  • Entry Level: 1
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Entry Location: Unit Placement(Street,Front,Garden)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Disposal,Refrigerator, Electric Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wood, Recessed Lighting
  • Room Master Bedroom Level: Main
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - 3/4
  • Bathroom 1 Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Pantry, Open Floorplan, Lighting - Overhead
  • Room Living Room Level: Main
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting
  • Basement: Y
  • Living Area: 456
  • Stories Total: 1
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 416.45
  • PRICE PER Sq Ft: 449.56
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Bay, Ocean, River, Sound, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, House of Worship, Public School, T-Station
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Trash

Lot Info

  • Parcel Number: 4509028
  • Zoning: IR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 567
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1726
  • Tax Book Number: 33862

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 10, 2023
Sold by
Thompson Robert P
Bought by
Dutra Claudia G and Thompson Robert P
Seller's Agent
Ingrid Miles
Keller Williams Realty Evolution
Buyer's Agent
Stephen Miles
Keller Williams Realty Evolution
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%
Total Days on Market
4
Views
101
Current Estimated Value
$315,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,145
Avg. Annual Appreciation
18.90%
Original Mortgage
$153,750
Outstanding Balance
$149,135
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$166,892

Purchase Details

Closed on
Feb 19, 2015
Sold by
Robarge T T and Robarge Burke
Bought by
Burke Roger A and Burke Mary M

Purchase Details

Closed on
Mar 13, 2009
Sold by
Rjs T and Sivlerman Robin J
Bought by
Robarge T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Silverman Robin J
Bought by
Rjs T

Purchase Details

Closed on
Mar 9, 2004
Sold by
Ibp 3 T and Filtranti Anthony M
Bought by
Silverman Robin J

Purchase Details

Closed on
Sep 26, 2003
Sold by
Ibp-3 T and Filtranti Anthony M
Bought by
Silverman Robin J

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
Dutra Claudia G -- None Available
Dutra Claudia G -- None Available
Burke Roger A -- --
Burke Roger A -- --
Robarge T $77,000 --
Robarge T $77,000 --
Rjs T -- --
Rjs T -- --
Silverman Robin J -- --
Silverman Robin J -- --
Silverman Robin J $80,000 --
Silverman Robin J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutra Claudia G $153,750
Closed Dutra Claudia G $153,750
Previous Owner Silverman Robin J $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $205,000 +8.0% $450 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $189,900 -- $416 / 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 $2,382 $213,600 $0 $213,600
2024 $2,114 $185,800 $0 $185,800
2023 $1,805 $147,600 $0 $147,600
2022 $1,726 $134,200 $0 $134,200
2021 $1,740 $131,600 $0 $131,600
2020 $1,789 $127,600 $0 $127,600
2019 $1,727 $122,600 $0 $122,600
2018 $1,605 $112,700 $0 $112,700
2017 $1,446 $101,900 $0 $101,900
2016 $1,513 $101,900 $0 $101,900
2015 $958 $70,900 $0 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73043706

MLS Property Information Network (MLS PIN)

APN: IPSW-000042A-000289-000001