500 Colonial Drive # 3, Ipswich MA 01938

Ipswich, MA 01938

$354,900

Beds

Baths

780

Sq Ft

$455

Price/Sq Ft

1985

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Oct 14, 2025 • MLS# 73443521 Copied! • Updated Feb 7, 2026

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Sale Statistics

Sale Overview

Original List Price: $369,900

                            Final Sale Price:
                            $354,900
                        

Difference: $15,000 (-4.1%)

Performance Metrics

95.9%

List to Sale Ratio

Sold below asking price

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $474

                            Sale $/sq ft:
                            $455
                        

This property sold for $455 per square foot

Sale Summary

This property sold for 4.1% below the original asking price.

The property spent 74 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property

$455/sq ft

Area Median

$427/sq ft

Difference

+6.6%

This property sold slightly above the area median for similar homes.

About this home

Nicely updated first level Garden Style Condo features 1 bedroom, living room/dining area combination, a large Bedroom with large walk in closet, and a beautifully remodeled kitchen with maple cabinetry, granite counters, and Stainless Steel appliances. The living room has a walk out to your own patio and common lawn area. There is highly durable Vinyl plank flooring, recessed lighting, in unit laundry. There is a nicely updated bath with oversized shower . Your storage unit is directly across the hall. Great options to relax with clubhouse and in ground pool. Located near the train and downtown with easy commuter access, shopping, and nice restaurants. Cranes Beach is a 15 minute ride and offers biking, hiking trails, conservation land, and nearby canoe launch for Ipswich River access. Well maintained Complex that is Pet friendly . Why rent when you can buy? See it today.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

✓

Sold

Feb 5, 2026

Property sold

⏳

Pending Sale

Dec 16, 2025

Offer accepted, sale pending

🏠

Listed for Sale

Oct 15, 2025

$354,900

Original listing

Agent: James Joly Office: Boardwalk Real Estate

🏠

Listed for Sale

Oct 15, 2025

$354,900

Original listing

Agent: James Joly Office: Boardwalk Real Estate

Date	Event	Price	Change	$/sqft	Details
02/05/2026	✓ Sold	-	-	-	Property sold
12/16/2025	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
10/15/2025	🏠 Listed for Sale	$354,900	-	-	Original listing
10/15/2025	🏠 Listed for Sale	$354,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$3,818	$342,400

Financial Details

Annual Property Tax

$3,818

Tax Year 2025

HOA Fee

$393

Monthly

Assessed Value

$342,400

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1985

Living Area 780 sq ft

Stories 1

Bedrooms 1

Full Baths 1

Total Rooms 4

Interior

Heating Forced Air, Electric

Cooling Central Air

Flooring Tile, Vinyl, Vinyl / Vct

Appliances Range, Dishwasher, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Patio, Professional Landscaping

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch Patio

Parking

Features Off Street, Assigned, Deeded, Common, Guest, Paved

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,818

Assessed Value $342,400

HOA & Community

HOA Fee $393 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Hot Water, Pool, Elevator(s), Tennis Court(s), Clubhouse

Optional Fee Includes None

Pets Yes w/ Restrictions

MA Disclosures

Lead Paint Unknown

Seller Disclosures Stove Oven Needs Service. Up To 2 Pets. Birds Are Not Allowed.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 3

Sq Ft Source Public Record

Sq Ft Disclosures some below grade because is a walk out

Documents None

County Essex

Total market time (incl. prior listings) 77 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1985

Bedrooms

Full Bathrooms

Living Area

780 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Vinyl / VCT

Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer

Interior Features:

Windows:

Basement: N

Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1985

Structure Type: Garden

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Patio, Professional Landscaping

Patio & Porch: Patio

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street, Assigned, Deeded, Common, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

500 Colonial Drive # 3, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent James Joly

Listing Office Boardwalk Real Estate

Office Phone 781-944-7820

Agent MLS ID B0429250

Office MLS ID B30601

Listing Data Updated Feb 7, 2026 9:01 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate

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mail@steve-novak.com

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