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401 Colonial Dr

Ipswich, MA 01938

2 bd 2 ba 1,665 sqft Built 1981 condos
Most recent sale
$450,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $450,000 MLS #72983431
May 18, 2022 Listed $460,000 MLS #72983431
Dec 7, 2010 Sold $262,000 MLS #71096200
Nov 29, 2010 Relisted $275,000 MLS #71096200
Nov 22, 2010 Listing removed $275,000 MLSPIN
Sep 10, 2010 Price changed $275,000 MLS #71096200
Jun 15, 2010 Listed $289,000 MLS #71096200
Sep 21, 2004 Sold $325,000 Public Record
Apr 30, 1990 Sold $143,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $464,000 $464,000 $5,174
2022 $329,600 $329,600 $4,239
2021 $322,100 $322,100 $4,258
2020 $331,500 $331,500 $4,648
2019 $329,800 $329,800 $4,647
2018 $306,100 $306,100 $4,359
2017 $302,200 $302,200 $4,288
2016 $292,600 $292,600 $4,345
2015 $282,000 $282,000 $3,810
2014 $270,200 $270,200 $3,629
2006 $306,200 $306,200 $2,789
2005 $277,200 $277,200 $2,592
2004 $248,100 $248,100 $2,367
2003 $197,000 $197,000 $2,254

Property facts

Year built
1981
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,665 sqft
Lot size
ZIP code
01938
City
Ipswich
Street
Colonial Dr
Coordinates
42.66999, -70.84705

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,829
Gross rental yield
12.88%
Implied cap rate
8.37%
Trend-extrapolated value

Frequently asked questions

When did 401 Colonial Dr last sell?
401 Colonial Dr most recently sold on Aug 18, 2022 for $450,000.
What is the current tax assessment for 401 Colonial Dr?
The most recent total assessment for 401 Colonial Dr (year 2025) is $464,000 with $5,174 in property tax.
How does 401 Colonial Dr's assessment compare to its last sale price?
The current assessment is 3.1% above the last sale price of $450,000.
When was 401 Colonial Dr built?
401 Colonial Dr was built in 1981.
How does 401 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 401 Colonial Dr?
401 Colonial Dr is a 2 bed, 2 bath, 1,665 sqft condos.
Is 401 Colonial Dr a flip candidate?
No — 401 Colonial Dr does not appear in our flips dataset.
Is 401 Colonial Dr a tax-appeal candidate?
No — 401 Colonial Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q2
$809.5K
2026 Q3
$809.5K
ZIP 01938 — Median Price History + Forecast

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