NE Provenance

18 Market St

Ipswich, MA 01938

Commercial
Owner
18 ...
Owner Type
LLC
Tenure
5 yrs
Assessed
$425,600
Built
2010
Sq Ft
2,480
Lot
0.05 ac
Bed/Bath
2/3
Type
Commercial
Elevated Risks25ConditionC4Fire GradeAPermits7Last PermitJun 2020FloodAESurgeCat 2

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18 Market St, Ipswich, MA 01938— Property Report

Building& Property Details

18 Market St is a Bank / Financial commercial built in 2010 located in Ipswich, Essex County, MA. The building has 2,480 square feet of building area on a 0.05-acre lot. The building has 2 bedrooms, 3 bathrooms across 3 stories.

Flood Zone & Natural Hazard Assessment

18 Market St is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 2 hurricane storm surge inundation zone based on NOAA SLOSH modeling. This property is at risk of inundation under a 1-foot sea level rise scenario. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 18 Market St at Grade A (Excellent fire protection access). The nearest fire station, IPSWICH FIRE DEPARTMENT, is 0.1 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 7 building permits on file for 18 Market St. The most recent permit was filed June 16, 2020. The current municipal assessment is $425,600, with $118,400 attributed to land and $307,200 to improvements. The property last sold on December 30, 2020 for $250,000. The deed history includes 3 recorded conveyances.

Environmental & Land Use

18 Market St is classified as a waterfront property. Dam exposure is rated Low.

IpswichNeighborhood & Community

18 Market St is located in Ipswich, Essex County, MA. The property is zoned CB (Central Business). The median home value in this census tract is $603,600. Median household income is $85,894. The owner-occupancy rate in the surrounding area is 56%. The property is served by the Ipswich school district.

Full Property Intelligence Report

The complete NE Provenance report for 18 Market St, Ipswich, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.