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401 Colonial Dr

Ipswich, MA 01938

2 bd 2 ba 1,665 sqft Built 1981 condos
Most recent sale
$385,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $385,000 MLS #72909835
Oct 18, 2021 Listed $395,000 MLS #72909835
Mar 14, 2005 Sold $325,000 MLS #70099610
Oct 3, 2004 Listed $329,900 MLS #70099610
May 10, 2001 Sold $250,000 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
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
$2,310
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 401 Colonial Dr last sell?
401 Colonial Dr most recently sold on Dec 17, 2021 for $385,000.
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 20.5% above the last sale price of $385,000.
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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