NOT LISTED FOR SALE

157 Commercial St Provincetown, MA 2657

Estimated Value: $3,036,000 - $3,552,000

5 Beds
3 Baths
2,121 Sq Ft
$1,545/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $2,825,000 $1,332 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $19,431/month

34 Days on Market

Highlights

  • Antique Architecture
  • 5 Fireplaces
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • No HOA
  • 4-minute walk to Provincetown Waterfront Memorial Park

About This Home

As of March 2023

Provincetown's rich history has long been a major draw for those seeking a home on Cape Cod and this unique West End property is brimming with centuries of lore. When this house was built, before the construction of Commercial Street, the harbor and beach were the main thoroughfares. This history is reflected in the orientation of the home, with the front door facing the water. Just inside, three chimneys converge to create an old-fashioned ''Snug Harbor,'' where sailors and fishermen would stop in to warm up. Thought to have been built in the mid-1700s, the property is also rumored to have been a safe house on the underground railroad. Amongst the owners through the years were a sea captain's family in the 1800s, a well-known artist in the 1900s, and a string of successful restaurateurs beginning in the late 1970s. Most recently, the home was known as the popular and acclaimed Martin House where Norman Mailer was a frequent patron. The conversion back to a residence began in 2010, with meticulous care taken to restore and preserve the rich history while updating all of the inner workings. The moment you enter, you'll be enchanted and transported by the period details: golden pine flooring, beamed ceilings, several fireplaces, and wood-paneled walls that evoke a past era. As a nod to the many fine chefs who cooked there, the kitchen has been stunningly renovated and features custom-built cabinetry from England, a 6-burner with griddle/double-oven Thermador range, Fisher and Paykel dishwashers and SubZero refrigerator and wine fridge. Upstairs, find the primary suite plus two additional bedrooms, one with views of the water. Outside, a brick courtyard offers privacy with 1,200 sq. ft. of outdoor living space, complete with peeks of the harbor. Become part of this property's legacy as its next steward.

Last Agent to Sell the Property

Emily Flax

Gibson Sotheby's International Realty License #9501746 Listed on: 12/26/2022

Gibson Sotheby's International Realty

Last Buyer's Agent

Kent Newton

Coldwell Banker Realty License #9555307

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,903

Year Built

  • Built in 1800 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Garden
  • Property is zoned TCC

Home Design

  • Antique Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Roof
  • Shingle Siding

Interior Spaces

  • 2,121 Sq Ft Home
  • 2-Story Property
  • 5 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6430

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,903

Year Built

Built in 1800 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Cape Cod, Partial, Interior Entry
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Commercial Street west to 157.
  • Architectural Style: Antique
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Other, Wood

Exterior Features

  • Exterior Features: Garden
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled, Unknown/Mixed
  • Roof: Pitched, Shingle, Wood

Garage/Parking

  • Open Parking: No
  • Parking Features: Space Rental

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Hot Water, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: TCC
  • Land Lease: No
  • Lot Size Sq Ft: 2614
  • Parcel #: 6430
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11903
  • Tax Book Number: 24688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Bowd David M
Bought by
David M Bowd Lt
Current Estimated Value
$3,277,097

Purchase Details

Closed on
Jul 16, 2010
Sold by
Martin Ft and Martin
Bought by
Bowd David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1993
Sold by
Carraro Valerie and Corbo Diane J
Bought by
Martin Virginia M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
David M Bowd Lt -- None Available
David M Bowd Lt -- None Available
Bowd David M $600,000 --
Bowd David M $600,000 --
Martin Virginia M $180,000 --
Martin Virginia M $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowd David M $465,000
Previous Owner Bowd David M $333,000
Previous Owner Martin Virginia M $200,000
Previous Owner Bowd David M $350,000
Previous Owner Martin Ft $100,000
Previous Owner Martin Ft $75,000
Previous Owner Martin Family Rt $140,000
Previous Owner Martin Ft $250,000
Previous Owner Martin Virginia M $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $2,825,000 -4.2% $1,332 / Sq Ft
12/26/2022 12/26/22 For Sale $2,950,000 -- $1,391 / 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 $15,566 $2,779,700 $1,000,800 $1,778,900
2024 $14,692 $2,633,000 $953,600 $1,679,400
2023 $11,903 $1,990,500 $829,400 $1,161,100
2022 $10,967 $1,646,700 $775,100 $871,600
2021 $10,241 $1,446,400 $704,700 $741,700
2020 $9,355 $1,413,100 $708,400 $704,700
2019 $9,497 $1,345,200 $687,800 $657,400
2018 $8,761 $1,176,000 $666,400 $509,600
2017 $8,170 $1,059,700 $601,700 $458,000
2016 $8,009 $1,026,800 $584,200 $442,600
2015 $7,399 $1,002,600 $572,600 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22206310

Cape Cod & Islands Association of REALTORS®

APN: PROV-000006-000004-000003