Affordable one bedroom condominium located in the desirable River Ridge Condominium complex at the end of a cul-de-sac abutting conservation land in Ipswich. Freshly painted interior, 1 bedroom 1 bath unit, new stainless-steel kitchen appliances and large windows. Washer and Dryer hook-up in unit as well as a laundry room in building. Private balcony and 1-car assigned parking. Association amenities include an elevator, clubhouse with outdoor inground pool, saunas and a nearby conservation area with walking paths. Minutes to downtown Ipswich, MA, MBTA Commuter rail, highways, parks, Ipswich River and of course Crane’s Beach!! Pets are allowed (please refer to association rules and regulations). ****Unit is being sold as is. Price reflects the need for a new heating/ac system. Showings start at Open House, Sunday, September 15th from 11:30-2:00 p.m.
Sold for $342,000
$342,000
500 Colonial Dr Unit 106, Ipswich, MA 01938
1beds
785sqft
Condominium
Built in 1985
-- sqft lot
$358,600 Zestimate®
$436/sqft
$2,138 Estimated rent
Home value
$358,600
$341,000 - $377,000
$2,138/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Barbara Thibodeau 617-312-4815,
LAER Realty Partners 978-777-5509
Bought with:
Lisa Biggar
LAER Realty Partners
Source: MLS PIN,MLS#: 73290200
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Bathroom 1
- Level: First
Dining room
- Features: Flooring - Wall to Wall Carpet
- Level: First
Kitchen
- Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
- Level: First
Living room
- Features: Flooring - Wall to Wall Carpet
- Level: First
Heating
- Heat Pump, Other
Cooling
- Other
Appliances
- Included: ENERGY STAR Qualified Dishwasher, Range Hood, Range
- Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Tile, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 785
- Total interior livable area: 785 sqft
Property
Parking
- Total spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: No
Features
- Exterior features: Balcony
- Pool features: Association, In Ground
- Waterfront features: Ocean, River, 1/2 to 1 Mile To Beach
Details
- Parcel number: 1957286
- Zoning: 1R
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame
- Roof: Shingle
Condition
- Year built: 1985
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Public School
- Security: Intercom
HOA
- Amenities included: Pool, Elevator(s)
- Services included: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
- HOA fee: $350 monthly
Location
- Region: Ipswich
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $281,700
- Annual tax amount: $3,203
- Date on market: 1/11/2026
- Listing terms: Contract
- Exclusions: **refrigerator Negotiable.
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Sold | $342,000+12.1%$436/sqft |
Source: MLS PIN #73290200 Report a problem | ||
| 9/20/2024 | Contingent | $305,000$389/sqft |
Source: MLS PIN #73290200 Report a problem | ||
| 9/14/2024 | Listed for sale | $305,000+510%$389/sqft |
Source: MLS PIN #73290200 Report a problem | ||
| 4/21/1995 | Sold | $50,000-9.5%$64/sqft |
Source: Public Record Report a problem | ||
| 2/11/1994 | Sold | $55,250$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,371 +5.1% | $302,300 +7.3% |
| 2024 | $3,206 -0.7% | $281,700 +6.7% |
| 2023 | $3,227 | $263,900 |
| 2022 | $3,227 +20.9% | $263,900 +30.6% |
| 2021 | $2,670 +5% | $202,000 +11.4% |
| 2020 | $2,542 +7.8% | $181,300 +8.4% |
| 2019 | $2,357 +2.7% | $167,300 +3.8% |
| 2018 | $2,295 +1.5% | $161,200 +1.1% |
| 2017 | $2,262 +3.9% | $159,400 +8.7% |
| 2016 | $2,178 +19.9% | $146,700 +9.1% |
| 2015 | $1,817 +11.3% | $134,500 +10.7% |
| 2014 | $1,632 -0.2% | $121,500 -1.2% |
| 2013 | $1,636 -5% | $123,000 -8.8% |
| 2012 | $1,723 +5.1% | $134,900 -1.3% |
| 2011 | $1,640 +0.1% | $136,700 -3.7% |
| 2010 | $1,638 -5.3% | $141,900 -15.1% |
| 2009 | $1,729 +1.9% | $167,200 -9.1% |
| 2008 | $1,697 +16.3% | $183,900 +4.8% |
| 2007 | $1,459 | $175,400 |
Find assessor info on the county website
Neighborhood: 01938
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Nearby schools
GreatSchools rating
- 6/10Winthrop SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Ipswich Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Ipswich High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$358,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$358,600
- Massachusetts
- Essex County
- Ipswich
- 01938
- 500 Colonial Dr Unit 106
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