See Home Value
Ipswich 01938
5 & 11 Washington Street
$1,425,000
● Land - Off Market

5 & 11 Washington Street

Ipswich, MA 01938
bedrooms
Studio
bathrooms
0 Bath
$1,567,299
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Existing car wash w/ retail unit represents 3,800 sf footprint on 29,020 sf lot w/ adjacent 6,030 sf vacant lot within Ipswich's General Business zoning district. Combined offers 0.80 acres (35,050sf lot) w/ approximately 383 ft frontage. Table of use regulations allows both "multi-family residential development" and "residential mixed-use" with Planning Board Special Permit and additional noted requirements. Upon town approval, a minimum of nine (9) residential rental or condo units; or fourteen (14) mixed units representing both residential and business use. Centrally located in desirable historic downtown Ipswich, only 0.3 miles from MBTA Commuter Rail & steps to fine dining, retail shops, parks, schools, etc.  21E & updated survey in process. Car wash owned/operated by seller. Financials available upon signing NDA. Second commercial unit fully occupied w/ Detail Car Business & interested in continuing long-term lease.  Offer Deadline: Tuesday, Jan. 26, 2021 @ 5pm.
Unit Size
-
Days on Market
-
Land Size
0.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$954
HOA Dues
-
Year Built
-

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Last updated: 5 months ago (MLSPIN #72776238)

Price History

Date / Event Date Event Price
Feb 1, 2023 Sold
Sold
Jan 19, 2021 Listed by WC Residential Realty, LLC $1,500,000
Listed by WC Residential Realty, LLC
Existing car wash w/ retail unit represents 3,800 sf footprint on 29,020 sf lot w/ adjacent 6,030 sf vacant lot within Ipswich’s General Business zoning district. Combined offers 0.80 acres (35,050sf lot) w/ approximately 383 ft frontage. Table of use regulations allows both “multi-family residential development” and “residential mixed-use” with Planning Board Special Permit and additional noted requirements. Upon town approval, a minimum of nine (9) residential rental or condo units; or fourteen (14) mixed units representing both residential and business use. Centrally located in desirable historic downtown Ipswich, only 0.3 miles from MBTA Commuter Rail & steps to fine dining, retail shops, parks, schools, etc. 21E & updated survey in process. Car wash owned/operated by seller. Financials available upon signing NDA. Second commercial unit fully occupied w/ Detail Car Business & interested in continuing long-term lease. Offer Deadline: Tuesday, Jan. 26, 2021 @ 5pm.

Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,029
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000138
  • Standard Land Use Code: 8002
  • County Land Use Code: 391

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223200

Zoning

  • Zoning: GB

Geography

  • Parcel: IPSW M:41B B:0275 L:0
  • Block: 275
  • Municipality: IPSWICH
  • Latitude: 42.6804
  • Longitude: -70.8424

    Address

  • Full Address: 5 Washington St
  • Address - House Number: 5
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C003
  • 4-Digit Zip Code: 1809
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $242,600
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,400
  • Assessed Land Value: $198,400

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230201000580
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ipswich


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Frequently Asked Questions

When was property at 5 Washington Street built and last sold?
The property at 5 Washington Street was built in and last sold on Jan 31, 2023 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 5 Washington Street is $1,515,000.
What are some comparable homes to 5 Washington Street?
There are currently no comparable homes to 5 Washington Street.