NOT LISTED FOR SALE

66 Labor in Vain Rd Ipswich, MA 01938

Estimated Value: $1,574,000 - $2,615,000

5 Beds
4 Baths
3,232 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $1,700,000 $526 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,362/month

11 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Property fronts a marsh
  • Ipswich High School Rated A-
  • Screened Porch

About This Home

As of March 2021

Incredible location, bucolic views and history embrace this once-in-a-generation property on scenic Labor In Vain Road. A proud five bedroom Federal-style colonial and quaint Cape-style cottage occupy 6.8+/- acres abutting conservation land on the banks of Gould’s Creek with a private dock. It is easy to see why novelist John Updike and artist Mary Weatherall chose this inspiring property to call home. The main house has been maintained but unspoiled and its original character and charm remain, with high ceilings, natural light and lovely views from every window, the house feels spacious yet intimate. The wrap-around screened-in-porch overlooking the lawn and water is a serene place for contemplations, creativity, weather-watching, bird-watching, and a gathering place for family and friends. The one-bedroom guest cottage is also full of original antique character. The access to nature and recreation is immediate and the location so close to vibrant downtown Ipswich cannot be rivaled.

Last Agent to Sell the Property

Nicole Monahan

LandVest, Inc., Ipswich Listed on: 10/16/2020

Co-Listed By

Hannah Barker

LandVest, Inc., Ipswich

Last Buyer's Agent

Binni Hackett

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,961

Year Built

  • Built in 1925

Lot Details

  • Property fronts a marsh
  • Year Round Access
  • Property is zoned RRA

Property Views

  • River
  • Creek or Stream

Interior Spaces

  • Screened Porch
  • Wood Flooring
  • Basement

Outdoor Features

  • Mooring

Schools

  • Ipswich High School

Utilities

  • Radiator
  • Oil Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:43A B:0002 L:0

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,961

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Antique, Cottage
  • Other Agent: 2.00
  • Year Built Description: Approximate, Unknown/Mixed
  • List Price Per Sq Ft: 524.44
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 15X14, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X10, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 15X14, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 15X14, Flooring - Hardwood
  • Bedroom 5: On Level: Second Floor, Dimension: 15X15, Flooring - Hardwood
  • Full Bathrooms: 4
  • Primary Bathroom: Yes
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Dimension: 15X13, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 15X14, Fireplace, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 15X11
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 17X15, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Bulkhead, Unfinished Basement
  • Main Lo: C03800
  • Main So: C95243
  • Estimated Sq Ft: 3232.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: River, Dock/Mooring, Creek, Direct Access, Marsh
  • Beachfront Flag: Yes
  • Waterfront Flag: Yes
  • Waterview Features: Creek, Dock/Mooring, Marsh, River
  • Waterview Flag: Yes
  • Exterior Features: Porch - Screened
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Heating: Hot Water Radiators
  • Hot Water: Oil

Condo/Co-op/Association

  • Amenities: Park, Walk/Jog Trails, Conservation Area

Schools

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

Lot Info

  • Assessments: 1197700.00
  • Acre: 6.80
  • Lot Size: 296208.00
  • Parcel Number: M:43A B:0002 L:0
  • Zoning: RRA
  • Lot Description: Wooded, Easements, Flood Plain, Scenic View(s)

Tax Info

  • Taxes: 16792.00
  • Assessor Parcel Number: 1957000
  • Tax Year: 2020

MLS Schools

  • Grade School: Winthrop
  • High School: Ipswich
  • Middle School: Ipswich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Mary P Weatherall Rt
Bought by
Hertz Frank and Hertz Kathryn
Total Days on Market
11
Current Estimated Value
$2,092,051

Purchase Details

Closed on
May 13, 2021
Sold by
Hertz Frank and Hertz Kathryn
Bought by
Updike David H and Updike Wambui B

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 3, 2021
Sold by
Mary P Weatherall Rt
Bought by
Updike David H and Updike Wambui B
Seller's Agent
Nicole Monahan
LandVest, Inc., Ipswich
Buyer's Agent
Binni Hackett
Compass
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$1,300,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Weatherall Mary P
Bought by
Mary P Weatherall Rt
Source: Public Records

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Range of Values:

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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
Hertz Frank -- None Available
Updike David H -- None Available
Updike David H -- None Available
Mary P Weatherall Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hertz Frank $425,000
Previous Owner Hertz Frank $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $1,700,000 +0.3% $526 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $1,695,000 -- $524 / 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 $19,961 $1,790,200 $771,100 $1,019,100
2024 $19,184 $1,685,800 $731,500 $954,300
2023 $17,685 $1,446,000 $609,500 $836,500
2022 $14,862 $1,155,700 $582,600 $573,100
2021 $16,070 $1,215,600 $556,600 $659,000
2020 $16,792 $1,197,700 $578,400 $619,300
2019 $16,513 $1,172,000 $578,400 $593,600
2018 $15,896 $1,116,300 $534,800 $581,500
2017 $15,555 $1,096,200 $534,800 $561,400
2016 $15,716 $1,058,300 $534,800 $523,500
2015 $14,334 $1,061,000 $534,800 $526,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72744532

MLS Property Information Network (MLS PIN)

APN: IPSW-000043A-000002