NOT LISTED FOR SALE

8 Bay Rd Ipswich, MA 01938

Estimated Value: $605,000 - $867,000

3 Beds
1 Bath
717 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $318,000 $444 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,616/month

20 Days on Market

About This Home

As of July 2013

Quaint year round cottage in the newly formed Little Neck Condominium Complex overlooking the Cove. Condo fee $141.07. Water views of The Cove and Pavillon Beach. House has much potential.

Last Agent to Sell the Property

Dorothy Levesque

J. Barrett & Company Listed on: 04/18/2013

Last Buyer's Agent

Dorothy Levesque

J. Barrett & Company Listed on: 04/18/2013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,639

Year Built

1935

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Laundromat, Conservation Area, Public School, T-Station
  • Interior Amenities: Cable Available
  • Basement: Partial
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Concrete Block, Irregular

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Condo/Co-op/Association

  • HOA: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jul 11, 2013
Sold by
Margaret H Attridge Re
Bought by
Wells Michael J and Wells Lynne A
Seller's Agent
Dorothy Levesque
J. Barrett & Company
Buyer's Agent
Dorothy Levesque
J. Barrett & Company
List Price
$350,000
Sold Price
$318,000
Premium/Discount to List
-$32,000
-9.14%
Current Estimated Value
$731,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,976
Avg. Annual Appreciation
7.04%
Original Mortgage
$286,200
Outstanding Balance
$67,325
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$664,651

Purchase Details

Closed on
Aug 9, 2012
Sold by
Grammar School Ipswich
Bought by
Margaret H Attridge Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,141
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Wells Michael J $318,000 --
Margaret H Attridge Re $180,309 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Michael J $286,200
Closed Wells Michael J $286,200
Previous Owner Margaret H Attridge Re $147,141
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $318,000 -9.1% $444 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $350,000 -- $488 / 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 $8,639 $774,800 $0 $774,800
2024 $7,744 $680,500 $0 $680,500
2023 $8,321 $680,400 $0 $680,400
2022 $5,607 $436,000 $0 $436,000
2021 $5,309 $401,600 $0 $401,600
2020 $5,423 $386,800 $0 $386,800
2019 $5,306 $376,600 $0 $376,600
2018 $5,265 $369,700 $0 $369,700
2017 $5,057 $356,400 $0 $356,400
2016 $4,642 $312,600 $0 $312,600
2015 $4,277 $316,600 $0 $316,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71511357

MLS Property Information Network (MLS PIN)

APN: 24C[69[99