500 Colonial Drive # 310, Ipswich MA 01938

Ipswich, MA 01938

$140,000

Beds

Baths

786

Sq Ft

$178

Price/Sq Ft

1985

Year Built

Parking

Condominium

Type

425

Days on Market

Sold Listed Jun 6, 2008 • MLS# 70774003 Copied! • Updated Apr 1, 2025

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Sale Statistics

Sale Overview

Original List Price: $172,500

                            Final Sale Price:
                            $140,000
                        

Difference: $32,500 (-18.8%)

Performance Metrics

81.2%

List to Sale Ratio

Sold below asking price

425

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $219

                            Sale $/sq ft:
                            $178
                        

This property sold for $178 per square foot

Sale Summary

This property sold for 18.8% below the original asking price.

At 425 days on market, this property took longer than average to sell.

Nearby Sales Comparison

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

This Property

$178/sq ft

Area Median

$427/sq ft

Difference

58.3%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Motivated Seller. Ready to be updated.One-bedroom, one-bath condo at River Ridge Condominiums.Bedroom off of bathroom like master suite.Covered balcony, swimming pool, clubhouse. Stackable washer/dryer to remain. Central air. Commuters' dream.Some pets are allowed. Deeded parking. Elevator in building. Beautiful landscaping which is professionally cared for. Live in Ipswich and enjoy beaches, river, & trails.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

60%

Price Range

488

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73467142

Full transaction history available when tracking began

🏷️

Previously Sold

Feb 25, 2026

$349,900

MLS #73467142

View Listing →

✓

Sold

Sep 26, 2009

$140,000

Property sold

Days on Market: 488

🏠

Listed for Sale

Jun 6, 2008

$149,500

Original listing

Agent: Sandy Lezon Office: Century 21 Ipswich Bay Assoc.

Date	Event	Price	Change	$/sqft	Details
02/25/2026	🏷️ Previously Sold	$349,900	-	-	MLS #73467142
09/26/2009	✓ Sold	$140,000	-	-	Property sold
06/06/2008	🏠 Listed for Sale	$149,500	-	-	Original listing

Tax History

Year	Taxes	Assessment
2009	$1,730	$167,300

Financial Details

Annual Property Tax

$1,730

Tax Year 2009

HOA Fee

$272

Per month

Assessed Value

$167,300

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1985

Living Area 786 sq ft

Stories 1

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Heat Pump, Electric

Cooling Central Air

Flooring Vinyl, Carpet

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof Shingle

Features Balcony

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch None

Parking

Features Deeded

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public, City/town Water, City/town Sewer

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $1,730

Assessed Value $167,300

HOA & Community

HOA Fee $272

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

Amenities Hot Water, Pool, Elevator(s), Tennis Court(s), Clubroom, Storage

Optional Fee Includes None

Pets Yes w/ Restrictions

MA Disclosures

Lead Paint None

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 310

Sq Ft Source Field Card

Documents Master Deed, Rules & Regs (2)

County Essex

Total market time (incl. prior listings) 488 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1985

Bedrooms

Full Bathrooms

Living Area

786 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Vinyl, Carpet

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features:

Windows:

Basement: N

Laundry:

Security: Intercom

Construction & Materials

Year Built: 1985

Structure Type: Garden

Exterior Materials:

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public, City/Town Water, City/Town Sewer

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Deeded

Nearby Schools

School information not available for this location.

Location

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Neighborhood

500 Colonial Drive # 310, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent Sandy Lezon

Listing Office Century 21 Ipswich Bay Assoc.

Office Phone 978-356-7727

Agent MLS ID C0002078

Office MLS ID C99920

Listing Data Updated Apr 1, 2025 5:48 AM EDT

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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