500 Colonial Dr
Ipswich, MA 01938
1 bd 1 ba 785 sqft Built 1985 condos
Most recent sale
$286,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2024 | Sold | $335,000 | MLSPIN |
| Apr 10, 2024 | Listing removed | — | MLSPIN |
| Mar 20, 2024 | Listed | $335,000 | MLSPIN |
| May 23, 2022 | Sold | $286,000 | MLS #72949615 |
| Mar 7, 2022 | Listed | $275,000 | MLS #72949615 |
| Aug 16, 1991 | Sold | $82,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $307,900 | — | $307,900 | $3,433 |
| 2024 | $286,500 | — | $286,500 | $3,260 |
| 2023 | $268,200 | — | $268,200 | $3,280 |
| 2022 | $213,400 | — | $213,400 | $2,744 |
| 2021 | $202,000 | — | $202,000 | $2,670 |
| 2020 | $181,300 | — | $181,300 | $2,542 |
| 2019 | $167,300 | — | $167,300 | $2,357 |
| 2018 | $161,200 | — | $161,200 | $2,295 |
| 2017 | $159,400 | — | $159,400 | $2,262 |
| 2016 | $146,700 | — | $146,700 | $2,178 |
| 2015 | $134,500 | — | $134,500 | $1,817 |
| 2014 | $121,500 | — | $121,500 | $1,632 |
| 2006 | $171,600 | — | $171,600 | $1,563 |
| 2005 | $171,600 | — | $171,600 | $1,604 |
| 2004 | $168,000 | — | $168,000 | $1,603 |
| 2003 | $122,600 | — | $122,600 | $1,403 |
Property facts
Year built
1985
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
785 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,277
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Colonial Dr last sell?
500 Colonial Dr most recently sold on May 23, 2022 for $286,000.
What is the current tax assessment for 500 Colonial Dr?
The most recent total assessment for 500 Colonial Dr (year 2025) is $307,900 with $3,433 in property tax.
How does 500 Colonial Dr's assessment compare to its last sale price?
The current assessment is 7.7% above the last sale price of $286,000.
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, 785 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 valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q2
$809.5K
2026 Q3
$809.5K
ZIP 01938 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colonial Dr