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.
Sold for $405,000
$405,000
500 Colonial Dr Unit 5, Ipswich, MA 01938
2beds
1,113sqft
Condominium
Built in 1985
-- sqft lot
$408,200 Zestimate®
$364/sqft
$2,729 Estimated rent
Home value
$408,200
$376,000 - $445,000
$2,729/mo
Zestimate® history
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Outdoor in-ground poolEnsuite bathSpacious primary suiteIn unit laundryGenerous walk-in closetNearby conservation walking paths
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 & HOA
Community
- Features: Public Transportation, Shopping, Pool, Golf, Conservation Area, House of Worship, Marina, Public School, T-Station
- Security: Intercom
HOA
- Amenities included: Hot Water, Pool, Clubhouse
- Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $514 monthly
Location
- Region: Ipswich
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $361,300
- Annual tax amount: $4,028
- Date on market: 8/23/2026
- Exclusions: Wall Sconces In Primary Bedroom Photo Have Been Removed.
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $405,000-4.7%$364/sqft |
Source: MLS PIN #73480239 Report a problem | ||
| 3/20/2026 | Contingent | $424,999$382/sqft |
Source: MLS PIN #73480239 Report a problem | ||
| 3/14/2026 | Listed for sale | $424,999$382/sqft |
Source: MLS PIN #73480239 Report a problem | ||
| 3/7/2026 | Contingent | $424,999$382/sqft |
Source: MLS PIN #73480239 Report a problem | ||
| 2/25/2026 | Listed for sale | $424,999+57.4%$382/sqft |
Source: MLS PIN #73480239 Report a problem | ||
| 10/11/2019 | Sold | $270,000-3.6%$243/sqft |
Source: Public Record Report a problem | ||
| 10/1/2019 | Pending sale | $280,000$252/sqft |
Source: Windhill Realty, LLC #72553452 Report a problem | ||
| 9/30/2019 | Listed for sale | $280,000$252/sqft |
Source: Windhill Realty, LLC #72553452 Report a problem | ||
| 8/29/2019 | Pending sale | $280,000$252/sqft |
Source: Windhill Realty, LLC #72553452 Report a problem | ||
| 8/22/2019 | Listed for sale | $280,000+100%$252/sqft |
Source: Windhill Realty, LLC #72553452 Report a problem | ||
| 3/31/2000 | Sold | $140,000+73.9%$126/sqft |
Source: Public Record Report a problem | ||
| 7/5/1995 | Sold | $80,500-5.3%$72/sqft |
Source: Public Record Report a problem | ||
| 5/24/1991 | Sold | $85,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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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
$408,200
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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
$408,200
- Massachusetts
- Essex County
- Ipswich
- 01938
- 500 Colonial Dr Unit 5
