NOT LISTED FOR SALE

7 Pond Edge Ln Ipswich, MA 01938

Estimated Value: $1,090,000 - $1,518,000

4 Beds
4 Baths
5,337 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $595,000 $111 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,170/month

274 Days on Market

About This Home

As of June 2016

A house built for entertaining! Expansive Craftsman style home sits on 1.22 acres at the end of a quiet cul-de-sac in desirable Ipswich. A welcoming front covered porch leads to a remarkable main entrance that boasts a soaring cathedral ceiling foyer with palladium windows and a grand staircase. This palatial house includes a 21x34' great room with a wet bar and leads to a beautiful outdoor deck. Ample natural light, clean lines and many finishing details make this home's interior particularly notable. 4 spacious bedrooms with 3 full and 2 half baths add to the plentiful living space. An additional 2 rooms on the main floor and with close proximity to a full bathroom, kitchen and laundry room provide a great opportunity for an in-law living space. Extra features include a large master suite with separate bathroom and dressing room, a full basement. Five-car attached garage with heating and plumbing. New 50 year roof, composite trim, and Viessmann Vitodens 94% efficiency boiler

Last Listed By

Pamela Spiros

Coldwell Banker Realty - Beverly Listed on: 08/10/2015

Coldwell Banker Realty - Beverly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,073

Year Built

  • 1993

Lot Details

  • 1.22

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,073

Year Built

1993

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances: Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Wood, Tile, Wall to Wall Carpet, Bamboo, Hardwood, Parquet
  • Interior Amenities: Cable Available, Wetbar, French Doors, Wired for Surround Sound
  • Basement: Full, Partially Finished, Interior Access, Garage Access, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: First Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: First Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Ceiling Fan(s), Closet - Walk-in, Flooring - Wood, Recessed Lighting
  • Dining Room: First Floor
  • Family Room: First Floor
  • Oth1 Room Name: Bathroom
  • Oth1 Dscrp: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Half, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Oth3 Room Name: Bedroom
  • Oth3 Dscrp: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck - Wood, Patio, Covered Patio/Deck, Professional Landscaping, Decorative Lighting
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Under, Garage Door Opener, Heated, Storage, Side Entry, Oversized Parking
  • Garage Spaces: 5
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 12
  • Hot Water: Propane Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

  • Middle School: Ipswich Middle
  • High School: Ipswich High

Lot Info

  • Assessor Parcel Number: M:37D B:007B L:0
  • Zoning: RRA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Jun 16, 2016
Sold by
Dawson Brandon and Dawson Brooke
Bought by
Malone Maureen
Seller's Agent
Pamela Spiros
Coldwell Banker Realty - Beverly
Buyer's Agent
Travis Speck
Redfin Corp.
List Price
$600,000
Sold Price
$595,000
Premium/Discount to List
-$5,000
-0.83%
Total Days on Market
274
Current Estimated Value
$1,292,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,295
Avg. Annual Appreciation
8.77%
Original Mortgage
$519,000
Outstanding Balance
$419,145
Interest Rate
3.61%
Mortgage Type
Unknown
Estimated Equity
$841,674

Purchase Details

Listed on
Oct 18, 2011
Closed on
Sep 3, 2013
Sold by
Gallagher William F and Gallagher Karen J
Bought by
Dawson Brandon and Dawson Brooke
Seller's Agent
Ed Maccaro
Heritage Realty Associates
Buyer's Agent
Joan Oliver
Coldwell Banker Realty - Gloucester
List Price
$649,000
Sold Price
$457,000
Premium/Discount to List
-$192,000
-29.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$388,450
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1998
Sold by
Gallagher Neil F and Lull Wendy W
Bought by
Gallagher William F and Gallagher Karen J

Purchase Details

Closed on
Jun 29, 1990
Sold by
Pond Edge Rt
Bought by
Gallagher Neil F

Range of Values:

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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
Malone Maureen $595,000 --
Dawson Brandon $457,000 --
Gallagher William F $410,000 --
Gallagher Neil F $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Maureen $519,000
Previous Owner Gallagher Neil F $90,000
Previous Owner Dawson Brandon $388,450
Previous Owner Gallagher Neil F $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $595,000 -0.8% $111 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/27/2016 04/27/16 Price Changed $600,000 0.0% $112 / Sq Ft
04/27/2016 04/27/16 For Sale $600,000 0.0% $112 / Sq Ft
12/29/2015 12/29/15 Rented $2,500 -99.6% --
12/21/2015 12/21/15 Under Contract -- -- --
12/14/2015 12/14/15 Off Market $595,000 -- --
11/23/2015 11/23/15 Price Changed $2,950 0.0% $1 / Sq Ft
11/23/2015 11/23/15 Price Changed $629,900 0.0% $118 / Sq Ft
11/10/2015 11/10/15 For Rent $3,500 0.0% --
10/23/2015 10/23/15 Price Changed $639,900 -1.5% $120 / Sq Ft
10/06/2015 10/06/15 Price Changed $649,900 -0.8% $122 / Sq Ft
09/18/2015 09/18/15 Price Changed $655,000 -3.7% $123 / Sq Ft
08/23/2015 08/23/15 Price Changed $680,000 -6.7% $127 / Sq Ft
08/10/2015 08/10/15 For Sale $729,000 +59.5% $137 / Sq Ft
09/03/2013 09/03/13 Sold $457,000 -8.4% $87 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/17/2013 05/17/13 Price Changed $499,000 -5.7% $95 / Sq Ft
04/19/2013 04/19/13 Price Changed $529,000 -1.9% $100 / Sq Ft
03/09/2013 03/09/13 Price Changed $539,000 -1.8% $102 / Sq Ft
03/04/2013 03/04/13 Price Changed $549,000 -1.8% $104 / Sq Ft
02/22/2013 02/22/13 Price Changed $559,000 -3.5% $106 / Sq Ft
02/16/2013 02/16/13 Price Changed $579,000 -3.3% $110 / Sq Ft
02/04/2013 02/04/13 Price Changed $599,000 -4.8% $114 / Sq Ft
01/26/2013 01/26/13 Price Changed $629,000 -1.6% $119 / Sq Ft
10/03/2012 10/03/12 Price Changed $639,000 -1.5% $121 / Sq Ft
08/03/2012 08/03/12 For Sale $649,000 +42.0% $123 / Sq Ft
07/31/2012 07/31/12 Off Market $457,000 -- --
11/25/2011 11/25/11 Price Changed $649,000 -3.8% $123 / Sq Ft
10/18/2011 10/18/11 For Sale $674,900 -- $128 / 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 $12,073 $1,082,800 $395,300 $687,500
2024 $11,848 $1,041,100 $395,300 $645,800
2023 $11,078 $905,800 $297,300 $608,500
2022 $10,604 $824,600 $283,600 $541,000
2021 $9,953 $752,900 $287,500 $465,400
2020 $9,878 $704,600 $256,200 $448,400
2019 $9,845 $698,700 $250,300 $448,400
2018 $9,144 $642,100 $228,700 $413,400
2017 $9,245 $651,500 $238,500 $413,000
2016 $11,270 $758,900 $230,700 $528,200
2015 $9,816 $726,600 $230,700 $495,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71887447

MLS Property Information Network (MLS PIN)

APN: IPSW-000037D-000007-B000000