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Sold for $405,000
  • $405,000

    500 Colonial Dr Unit 5, Ipswich, MA 01938

    2beds
    1,113sqft
    Condominium
    Built in 1985
    -- sqft lot
    $405,000 Zestimate®
    $364/sqft
    $2,703 Estimated rent

    Home value

    $405,000

    $373,000 - $437,000

    $2,703/mo

    Zestimate® history
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    What's special

    Outdoor in-ground poolEnsuite bathSpacious primary suiteIn unit laundryGenerous walk-in closetNearby conservation walking paths
    GROUND LEVEL UNIT - This 2-bedroom, 2 full bath is privately set in the rear of the last building, offering a quiet and peaceful location. The spacious primary suite features an ensuite bath and generous walk-in closet. The living and dining area, along with both bedrooms, showcase NEW luxury vinyl flooring, creating a fresh, modern feel throughout. Additional improvements by this owner include an upgraded heat pump/central AC condenser for added comfort. Enjoy your private patio w/room for chairs & side table. Association amenities include an outdoor in-ground pool with a clubhouse & nearby conservation walking paths. Assigned parking, pets allowed & in unit laundry, plus on site storage unit. Location is fantastic! Close to historic downtown Ipswich, the MBTA commuter rail, fine dining establishments, & Crane’s beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Carey 603-943-0014,

    DiPietro Group Real Estate 603-216-5086

    Bought with:

    Karen Masino

    J. Barrett & Company

    Source: MLS PIN,MLS#: 73480239

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Bathroom - Full, Walk-In Closet(s), Flooring - Laminate
    • Level: Main,First
    Bedroom 2
    • Features: Flooring - Laminate
    • Level: First
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
    • Level: First
    Bathroom 2
    • Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
    • Level: First
    Dining room
    • Features: Flooring - Laminate, Recessed Lighting
    • Level: First
    Kitchen
    • Features: Flooring - Stone/Ceramic Tile
    • Level: Main,First
    Living room
    • Features: Flooring - Laminate, Exterior Access, Recessed Lighting
    • Level: Main,First
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
    Features
    • Flooring: Tile, Wood Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,113
    • Total interior livable area: 1,113 sqft
    • Finished area above ground: 1,113

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Uncovered spaces: 2
    Features
    • Entry location: Unit Placement(Ground,Walkout,Garden)
    • Patio & porch: Patio
    • Exterior features: Patio
    • Pool features: Association, In Ground
    • Waterfront features: Ocean, River
    Details
    • Parcel number: M:53B B:0047 L:A5,1957265
    • Zoning: 1R

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Intercom
    Community
    • Community features: Public Transportation, Shopping, Pool, Golf, Conservation Area, House of Worship, Marina, Public School, T-Station
    Location
    • Region: Ipswich

    HOA & financial

    HOA
    • HOA fee: $514 monthly
    • Amenities included: Hot Water, Pool, Clubhouse
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

    Price history

    DateEventPrice
    5/22/2026Sold$405,000-4.7%$364/sqft
    Source: MLS PIN #73480239 Report a problem
    3/20/2026Contingent$424,999$382/sqft
    Source: MLS PIN #73480239 Report a problem
    3/14/2026Listed for sale$424,999$382/sqft
    Source: MLS PIN #73480239 Report a problem
    3/7/2026Contingent$424,999$382/sqft
    Source: MLS PIN #73480239 Report a problem
    2/25/2026Listed for sale$424,999+57.4%$382/sqft
    Source: MLS PIN #73480239 Report a problem
    10/11/2019Sold$270,000-3.6%$243/sqft
    Source: Public Record Report a problem
    10/1/2019Pending sale$280,000$252/sqft
    Source: Windhill Realty, LLC #72553452 Report a problem
    9/30/2019Listed for sale$280,000$252/sqft
    Source: Windhill Realty, LLC #72553452 Report a problem
    8/29/2019Pending sale$280,000$252/sqft
    Source: Windhill Realty, LLC #72553452 Report a problem
    8/22/2019Listed for sale$280,000+100%$252/sqft
    Source: Windhill Realty, LLC #72553452 Report a problem
    3/31/2000Sold$140,000+73.9%$126/sqft
    Source: Public Record Report a problem
    7/5/1995Sold$80,500-5.3%$72/sqft
    Source: Public Record Report a problem
    5/24/1991Sold$85,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,028 -2.5%$361,300 -0.5%
    2024$4,131 -0.8%$363,000 +6.6%
    2023$4,164 $340,500
    2022$4,164 +20.6%$340,500 +30.4%
    2021$3,453 +5%$261,200 +11.4%
    2020$3,288 +7.8%$234,500 +8.3%
    2019$3,050 +2.5%$216,500 +3.6%
    2018$2,975 +1.4%$208,900 +1.1%
    2017$2,933 +3.9%$206,700 +8.7%
    2016$2,824 +19.7%$190,200 +8.9%
    2015$2,359 +11.3%$174,600 +10.6%
    2014$2,119 -0.2%$157,800 -1.2%
    2013$2,124 -5%$159,700 -8.8%
    2012$2,236 +5%$175,100 -1.4%
    2011$2,130 +0.2%$177,500 -3.6%
    2010$2,125 -5.3%$184,100 -15.1%
    2009$2,243 +2%$216,900 -9%
    2008$2,200 +16.3%$238,400 +4.8%
    2007$1,892 $227,400

    Find assessor info on the county website

    Neighborhood: 01938

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $405,000
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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
    $405,000