Pending

$489,000

401 Colonial Dr Unit 16, Ipswich, MA 01938

2beds

1,665sqft

$3,804/mo

Get pre-qualified

Condominium, Townhouse

Built in 1981

-- sqft lot

$500,000 Zestimate^®

$294/sqft

$484/mo HOA

What's special

Wood burning fireplaceCathedral ceiling

Well maintained 2 bedroom, 2 bath Townhouse at desirable Bayside Village. Hardwood floors in dining room and sunken living room with wood burning fireplace and cathedral ceiling. Triple sliding doors replaced in 2023, that lead to private patio space surrounded by conservation forest. AC replaced in 2024. Both bedrooms on the second floor have wall to wall carpet, but in good condition. Great complex that's a short distance to commuter rail and Ipswich center.

18 days
57
0

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture
Level: Second

Bedroom 2

Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
Level: Second

Primary bathroom

Features: Yes

Bathroom 1

Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Second

Bathroom 2

Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second

Dining room

Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Level: First

Kitchen

Features: Flooring - Stone/Ceramic Tile, Dining Area
Level: First

Living room

Features: Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood, Exterior Access, Slider, Sunken
Level: First

Heating

Central, Forced Air

Cooling

Central Air

Appliances

Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Laundry Closet, Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Features

Walk-up Attic
Flooring: Tile, Carpet, Hardwood
Windows: Insulated Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 1,665
Total interior livable area: 1,665 sqft
Finished area above ground: 1,665

Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener, Workshop in Garage, Off Street, Paved
Attached garage spaces: 1
Uncovered spaces: 1

Accessibility

Accessibility features: No

Features

Entry location: Unit Placement(Street)
Patio & porch: Patio
Exterior features: Patio, Decorative Lighting, Professional Landscaping
Waterfront features: Ocean, Beach Ownership(Public)

Details

Parcel number: 3995634
Zoning: IR

Construction

Type & style

Home type: Townhouse
Property subtype: Condominium, Townhouse

Materials

Frame
Roof: Shingle

Condition

Year built: 1981

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Shopping, Park, Walk/Jog Trails, Stable(s), Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

HOA

Services included: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA fee: $484 monthly

Location

Region: Ipswich

Financial & listing details

Price per square foot: $294/sqft
Tax assessed value: $439,000
Annual tax amount: $4,732
Date on market: 9/11/2026
Exclusions: All Appliances Remain As Gifts.

Estimated market value

$500,000

$475,000 - $525,000

$3,193/mo

Price history

Date	Event	Price
9/7/2026	Pending sale	$489,000$294/sqft
Source: MLS PIN #73566373 Report a problem
8/26/2026	Contingent	$489,000$294/sqft
Source: MLS PIN #73566373 Report a problem
8/20/2026	Listed for sale	$489,000+68.9%$294/sqft
Source: MLS PIN #73566373 Report a problem
5/5/2008	Sold	$289,500$174/sqft
Source: Public Record Report a problem
5/1/2008	Listed for sale	$289,500+99.7%$174/sqft
Source: Century 21 #IR12345 Report a problem
8/30/1996	Sold	$145,000$87/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,174 +8.4%	$464,000 +10.7%
2024	$4,772 +3%	$419,300 +10.7%
2023	$4,632	$378,700
2022	$4,632 +8.8%	$378,700 +17.6%
2021	$4,258 -8.4%	$322,100 -2.8%
2020	$4,648 +0%	$331,500 +0.5%
2019	$4,647 +6.6%	$329,800 +7.7%
2018	$4,359 +1.7%	$306,100 +1.3%
2017	$4,288 -1.3%	$302,200 +3.3%
2016	$4,345 +14%	$292,600 +3.8%
2015	$3,810 +5%	$282,000 +4.4%
2014	$3,629 +6.9%	$270,200 +5.8%
2013	$3,395 +2.9%	$255,300 -1.2%
2012	$3,300 +6.7%	$258,400 +0.2%
2011	$3,094 +2.4%	$257,800 -1.5%
2010	$3,021 +2.6%	$261,800 -8%
2009	$2,944 +5.6%	$284,700 -5.7%
2008	$2,787 +7.4%	$302,000 -3.2%
2007	$2,595	$311,900