NOT LISTED FOR SALE

1061 State Hwy Unit 4 Eastham, MA 02642

Estimated Value: $248,000 - $631,000

1 Bed
1 Bath
252 Sq Ft
$82/mo HOA Fee

Last Sold October 27, 2023

Last sale price $238,000 $944 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,252/month

5 Days on Market

Highlights

  • Cottage
  • Cooling Available
  • Heating Available
  • Nauset Regional High School Rated A
  • Vinyl Flooring

About This Home

As of October 2023

Is the high cost of real estate keeping you from entering the Eastham market? As a consequence, do you rent a cottage each summer instead of buying? If so, this seasonal studio/condo at Pine Tree Cottages could be the solution. With an array of recent updates including new bathroom fixtures, rigid-core vinyl plank floors, insulated windows, AZEK trim & cedar siding, new 40-gallon water heater, 100 amp electrical and a freshly painted exterior, this captivating condo is anything but cookie-cutter. Its reasonable cost to own--HOA fee ($985.20/year which includes septic, town water, rubbish removal, liability insurance and lawn care) and property tax ($1011 in 2023)--can be defrayed by renting the weeks you don't use (similar studios in the area rent for $700-$900/wk). Imagine collecting rent on the weeks you decide to lease, and not having to dole it out each time you want to go to the Cape for an overnight, a weekend, or longer. When the season's over (April 1-Nov 15) simply call your plumber to shut it down, just like the seller has for years. This is true peace of mind 2nd home ownership with an upside that pays both personal and financial dividends...Its lovely curbside aesthetic is accented by a front door portico w/opposing decorative window boxes for good bi-lateral symmetry. Though modest in scale, the bright 12x13 living area has a spatial quality which seems to belie its compact dimensions. That said, the cottage is best suited for couples or anyone who appreciates that the size of a space bears no relation to the amount of fun which can be had in it. The crisply updated 5x5 bath has a glassed corner shower; the 5x7 kitchen has a propane gas range, an apartment-size refrigerator and enough cabinetry to keep the counter free of clutter. A single window A/C unit takes the edge off humid days, while baseboard electric heat keeps things cozy on spring and fall nights. An 8x8 deck overlooking the backyard provides a measure of privacy, and a great place to simply unwind...Pine Tree Cottages is comprised of 16 free-standing units plus a common building, which offers temporary storage. A convenient path directly behind the cottage provides backroad access to the popular CC Bike Trail, about 1/2 mile distant. Fort Hill can be safely reached using the sidewalk and pedestrian crossing light at Governor Prence Rd...From its attractive price point and recent updates, to its reasonable cost to own and excellent rental potential, Pine Tree Cottage #4 is worthy of your immediate consideration...Happy condo hunting!

Last Agent to Sell the Property

Doug Macomber

Meadow Marsh Inc License #9042219 Listed on: 09/20/2023

Last Buyer's Agent

Sherri Simms

Kinlin Grover Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • No Common Walls

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Cottage

Interior Spaces

  • 252 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 18202D

Community Details

Overview

  • Association fees include insurance
  • 17 Units

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,011

Year Built

Built in 1944 | Remodeled

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Ownership: Condo
  • Directions: From Route 6 heading north make left into Pine Tree Cottages (between Intonti Way and Hay Rd). The path bends to the right, cottage is #4 on left).
  • Building Name: Pine Tree
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cottage
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Vinyl

Exterior Features

  • Lot Features: West of Route 6
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Property Condition: Updated/Remodeled, Actual

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank, Private Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Common Area, Trash, Road Maintenance
  • Association Fee: 82.1
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: Residential
  • Land Lease: No
  • Parcel #: 18202D
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1944

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1011
  • Tax Book Number: 294

Multi Family

  • Number Of Units In Community: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 23, 2023
Sold by
Crosby Deborah F
Bought by
Freeze Anne G and Ho Jeffrey
Seller's Agent
Doug Macomber
Meadow Marsh Inc
Buyer's Agent
Sherri Simms
Kinlin Grover Real Estate
List Price
$199,000
Sold Price
$238,000
Premium/Discount to List
$39,000
19.6%
Views
40
Current Estimated Value
$364,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,310
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Burkett Larry D and Burkett Sharon K
Bought by
Crosby Deborah F

Purchase Details

Closed on
Mar 5, 1993
Sold by
Coughlan Paul F and Coughlan Denise E
Bought by
Burkett Larry D and Burkett Sharon K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freeze Anne G $238,000 None Available
Crosby Deborah F $20,750 --
Burkett Larry D $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $238,000 +19.6% $944 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $199,000 -- $790 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,674 $217,100 $0 $217,100
2024 $1,105 $157,700 $0 $157,700
2023 $1,011 $139,700 $0 $139,700
2022 $1,023 $119,200 $0 $119,200
2021 $1,003 $109,300 $0 $109,300
2020 $944 $108,300 $0 $108,300
2019 $868 $105,200 $0 $105,200
2018 $866 $103,700 $0 $103,700
2017 $803 $101,600 $0 $101,600
2016 $720 $96,800 $0 $96,800
2015 $667 $94,000 $0 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22304030

Cape Cod & Islands Association of REALTORS®

APN: EAST-000018-000000-000202D