NOT LISTED FOR SALE

91 Central St Ipswich, MA 01938

Estimated Value: $884,000 - $1,094,000

5 Beds
3 Baths
3,033 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $775,000 $256 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,783/month

52 Days on Market

About This Home

As of October 2021

Well maintained 3 family home on large, picturesque, lot in historic Ipswich Village. This home is a 5-minute walk to shops, restaurants & the commuter rail to Boston. Crane Beach and Bradley Palmer State Park are close by. There are many upgrades to this home, including vinyl windows; custom metal spiral stair case to a 3rd floor composite deck addition; new entryway composite decks to all apartments, winterized sun porch on 1st first floor (potential office, den or 3rd bedroom); roof replaced w/n the last 6 years; new water main & oil tank. Consistently rented since 2007. Two washers/dryers in basement.

Last Agent to Sell the Property

David Gabriel

David M. Gabriel Listed on: 07/17/2021

Last Buyer's Agent

Nancy Yorgy

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.43

Parking

  • 3

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Corner of Central and Mineral Street. Enter on Mineral Street side.
  • Garage Yn: Yes
  • Efficiency: Other (See Remarks)
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
  • MAIN LO: AN6856
  • MAIN SO: C95098
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood,Vinyl,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Bathroom With Tub & Shower), Unit 3(High Speed Internet Hookup,Walk-In Closet,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle, Rubber
  • Exterior Features: Rain Gutters
  • Foundation Details: Brick/Mortar
  • Construction Type: Frame, Brick
  • Disclosures: The Listing Agent Is Also An Owner. Three Bay Garage Needs Repair Or Replacement. First Floor Sun Porch Has Been Winterized With New Windows And Electric Baseboard Heat.
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Enclosed, Deck - Roof, Deck - Composite, Patio
  • Waterfront Features: Beach Front, Ocean, Other (See Remarks), Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved, Other
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Cooling: Unit 1(Window AC), Unit 3(Window AC,Wall AC)
  • Heating: Unit 1(Hot Water Baseboard,Oil,Unit Control,Other (See Remarks)), Unit 2(Hot Water Baseboard,Oil), Unit 3(Hot Water Radiators,Oil)
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public, Individual Meter

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Private School, Public School, T-Station
  • HOA Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 1400

Schools

  • Middle Or Junior School: Ipswich

Lot Info

  • LOT SIZE: 18731
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 18730.8
  • Zoning: IR

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Electric Expense: 2450
  • Annual Gross Income: 47640
  • Insurance Expense: 3243
  • Property Net Operating Income: 17774
  • Number Of Units Total: 3
  • Annual Operating Expense: 29867
  • Total Actual Rent: 3970

Tax Info

  • Tax Annual Amount: 8535
  • Tax Book Number: 27072
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 15, 2021
Sold by
Cimino Richard J and Gabriel David M
Bought by
Shqepa Orion and Shqepa Silvana
Seller's Agent
David Gabriel
David M. Gabriel
Buyer's Agent
Nancy Yorgy
Keller Williams Realty Evolution
List Price
$919,900
Sold Price
$775,000
Premium/Discount to List
-$144,900
-15.75%
Current Estimated Value
$944,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,727
Avg. Annual Appreciation
5.09%
Original Mortgage
$620,000
Outstanding Balance
$565,382
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,880

Purchase Details

Closed on
Aug 1, 2007
Sold by
Johnson Elizabeth J and Johnson Kristina L
Bought by
Cimino Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2000
Sold by
Gabrielson Anna L
Bought by
Johnson Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shqepa Orion $775,000 None Available
Cimino Richard J $520,000 --
Johnson Elizabeth J $256,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shqepa Orion $620,000
Previous Owner Johnson Elizabeth J $330,000
Previous Owner Johnson Elizabeth J $372,000
Previous Owner Johnson Elizabeth J $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $775,000 -15.8% $256 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $919,900 -- $303 / 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 $9,997 $896,600 $305,600 $591,000
2024 $8,449 $742,400 $306,900 $435,500
2023 $8,418 $688,300 $252,800 $435,500
2022 $8,760 $681,200 $238,300 $442,900
2021 $8,535 $645,600 $234,700 $410,900
2020 $7,774 $554,500 $218,500 $336,000
2019 $7,685 $545,400 $209,400 $336,000
2018 $7,486 $525,700 $198,600 $327,100
2017 $7,332 $516,700 $189,600 $327,100
2016 $6,423 $432,500 $164,300 $268,200
2015 $5,916 $437,900 $169,700 $268,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72867360

MLS Property Information Network (MLS PIN)

APN: IPSW-000030D-000040