Affordable one bedroom condominium located in the desirable River Ridge Condominium complex. Freshly painted interior, new stainless steel appliances and washer/dryer combo, large windows with views to a serene wooded landscape, private balcony and 1-car assigned parking. Association amenities include a clubhouse with outdoor inground pool and a nearby conservation area with walking paths. Pets are allowed (refer to association rules and regulations). Seller cannot close until May 24, 2024 or later.
Sold for $335,000
$335,000
500 Colonial Dr Unit 207, Ipswich, MA 01938
1beds
785sqft
Condominium
Built in 1985
-- sqft lot
$355,600 Zestimate®
$427/sqft
$2,138 Estimated rent
Home value
$355,600
$338,000 - $373,000
$2,138/mo
Zestimate® history
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List your homeWhat's special
Private balconyNew stainless steel appliancesNearby conservation areaLarge windowsFreshly painted interior
Zillow last checked:
Listing updated:
Listed by:
Sally Laffely 978-375-1821,
Laffely Real Estate Associates 978-255-4788
Bought with:
Willis and Smith Group
Keller Williams Realty Evolution
Source: MLS PIN,MLS#: 73214796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Features: Flooring - Vinyl, Stainless Steel Appliances
- Level: First
Living room
- Features: Flooring - Wall to Wall Carpet, Balcony - Exterior
- Level: First
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Tile, Carpet, Wood Laminate
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 785
- Total interior livable area: 785 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned, Guest
- Uncovered spaces: 1
Features
- Entry location: Unit Placement(Back)
- Exterior features: Balcony
- Pool features: Association, In Ground
- Waterfront features: Ocean, Unknown To Beach, Beach Ownership(Public)
Details
- Parcel number: 1957354
- Zoning: 1R
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- Year built: 1985
Utilities & green energy
- 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, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, T-Station
- Security: Intercom
HOA
- Amenities included: Pool, Elevator(s), Clubhouse
- Services included: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $362 monthly
Location
- Region: Ipswich
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $286,500
- Annual tax amount: $3,260
- Date on market: 1/6/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2024 | Sold | $335,000$427/sqft |
Source: MLS PIN #73214796 Report a problem | ||
| 3/24/2024 | Contingent | $335,000$427/sqft |
Source: MLS PIN #73214796 Report a problem | ||
| 3/20/2024 | Listed for sale | $335,000+17.1%$427/sqft |
Source: MLS PIN #73214796 Report a problem | ||
| 5/23/2022 | Sold | $286,000+4%$364/sqft |
Source: MLS PIN #72949615 Report a problem | ||
| 3/17/2022 | Pending sale | $275,000$350/sqft |
Source:  RE/MAX International #72949615 Report a problem | ||
| 3/7/2022 | Listed for sale | $275,000+233.3%$350/sqft |
Source: MLS PIN #72949615 Report a problem | ||
| 8/16/1991 | Sold | $82,500$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,433 +5.3% | $307,900 +7.5% |
| 2024 | $3,260 -0.6% | $286,500 +6.8% |
| 2023 | $3,280 | $268,200 |
| 2022 | $3,280 +22.8% | $268,200 +32.8% |
| 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
$355,600
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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
$355,600
- Massachusetts
- Essex County
- Ipswich
- 01938
- 500 Colonial Dr Unit 207
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