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500 Colonial Dr

Ipswich, MA 01938

1 bd 1 ba 792 sqft Built 1985 condos
Most recent sale
$315,000
Dec 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2022 Sold $315,000 MLSPIN
Oct 10, 2022 Listed $329,000 MLSPIN
Aug 30, 2007 Sold $185,000 Public Record
Sep 19, 2006 Listing removed $209,000 MLSPIN
Nov 18, 2005 Listed $209,000 MLSPIN
Feb 25, 2005 Sold $175,000 Public Record
Aug 23, 1989 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $319,200 $319,200 $3,559
2023 $265,100 $265,100 $3,242
2022 $214,400 $214,400 $2,757
2021 $202,900 $202,900 $2,682
2020 $182,200 $182,200 $2,554
2019 $168,100 $168,100 $2,369
2018 $161,900 $161,900 $2,305
2017 $160,100 $160,100 $2,272
2016 $147,300 $147,300 $2,187
2015 $135,100 $135,100 $1,825
2014 $122,000 $122,000 $1,638
2006 $172,500 $172,500 $1,571
2005 $172,500 $172,500 $1,613
2004 $168,800 $168,800 $1,610
2003 $123,200 $123,200 $1,409

Property facts

Year built
1985
Property type
condos
Stories
4
Beds
1
Baths
1
Living area
792 sqft
Lot size
ZIP code
01938
City
Ipswich
Street
Colonial Dr
Coordinates
42.67029, -70.84504

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
$2,297
Gross rental yield
8.75%
Implied cap rate
5.69%
Trend-extrapolated value

Frequently asked questions

When did 500 Colonial Dr last sell?
500 Colonial Dr most recently sold on Dec 21, 2022 for $315,000.
What is the current tax assessment for 500 Colonial Dr?
The most recent total assessment for 500 Colonial Dr (year 2025) is $319,200 with $3,559 in property tax.
How does 500 Colonial Dr's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $315,000.
When was 500 Colonial Dr built?
500 Colonial Dr was built in 1985.
How does 500 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 500 Colonial Dr?
500 Colonial Dr is a 1 bed, 1 bath, 792 sqft condos.
Is 500 Colonial Dr a flip candidate?
No — 500 Colonial Dr does not appear in our flips dataset.
Is 500 Colonial Dr a tax-appeal candidate?
No — 500 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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