NOT LISTED FOR SALE

165 Commercial St Unit 4 Provincetown, MA 02657

Estimated Value: $1,848,776 - $2,184,000

2 Beds
2 Baths
1,035 Sq Ft
0.42 Acres

Last Sold May 11, 2018

Last sale price $999,000 $965 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $11,660/month

278 Days on Market

Highlights

  • Community Beach Access
  • Property is near a marina
  • Deck
  • Property Fronts a Bay or Harbor
  • 0.42 Acre Lot
  • 2-minute walk to Provincetown Waterfront Memorial Park

About This Home

As of May 2018

Waterfront west end of Provincetown penthouse home in the iconic Sandpiper condominium! This top floor home provides panoramic views of Cape Cod bay from every room and direct beach access. The renovated home features hardwood floors, AC, 2 decks overlooking the bay, gas fireplace, stainless appliances, granite counters, 2 car parking, a private Commercial St. side patio and storage. There are two bedrooms each with tiled bath en-suite and located at opposite ends of the home for extra privacy. Pets for owners and tenants. Strong rental history. Well managed association. Enjoy life in the heart of Provincetown sipping your morning coffee on your deck overlooking the bay or afternoons on the beach or evenings entertaining on your patio, or watching the parade. All this could be yours!

Last Agent to Sell the Property

Joe DeMartino

Coldwell Banker Pat Shultz R E Listed on: 08/01/2017

Last Buyer's Agent

Mark Lynett

Atlantic Bay Sotheby's Int'l R

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,032

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • No Unit Above or Below
  • Landscaped
  • Garden

Home Design

  • Pitched Roof
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Property is near a marina
  • Balcony
  • Deck
  • Patio

Location

  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 724004

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Near Conservation Area

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Bike Trail
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,032

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Cape Cod Bay
  • Ownership: Condo
  • Directions: Commercial St. West, Parking in the rear marked #4
  • Building Name: Sandpiper
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Gas Range, Microwave, Dryer - Electric, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Entry Location: Top Level
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Kitchen Description: Countertop(s): Granite,Flooring: Wood
  • Room Kitchen Features: Upgraded Cabinets
  • Living Room Features: Balcony

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Bike Path, Major Highway, Shopping, Public Tennis, Marina, In Town Location, Conservation Area
  • Pool Private: No
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No One Above
  • Construction Type: Shingle Siding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Pitched, Shingle

Garage/Parking

  • Open Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Access, Snow Removal, Landscaping, Common Area
  • Association: Yes

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: TCC
  • Land Lease: No
  • Lot Size Sq Ft: 18295
  • Parcel #: 724004
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1900

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8031.97
  • Tax Book Number: 29880

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
May 11, 2018
Sold by
Rotvig Timothy A and Teetz Harold E
Bought by
Freier Eric M and Mastrogiovanni Marco
Seller's Agent
Joe DeMartino
Coldwell Banker Pat Shultz R E
Buyer's Agent
Mark Lynett
Atlantic Bay Sotheby's Int'l R
List Price
$1,199,000
Sold Price
$999,000
Premium/Discount to List
-$200,000
-16.68%
Current Estimated Value
$2,070,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,194
Avg. Annual Appreciation
9.98%
Original Mortgage
$799,200
Outstanding Balance
$676,544
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,393,650

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 23, 2016
Sold by
Marion Serelis T and Marion Serelis
Bought by
Rotvig Timothy A and Teetz Harold E
Seller's Agent
Emily Flax
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
Joe DeMartino
Provincetown Realty Group
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.06%

Purchase Details

Listed on
Jun 16, 2011
Closed on
Sep 10, 2012
Sold by
165 Commercial Street and Kolligian
Bought by
Marion Serelis T and Marion Serelis
Seller's Agent
Emily Flax
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
William Dougal
Coldwell Banker Pat Shultz R E
List Price
$925,000
Sold Price
$795,000
Premium/Discount to List
-$130,000
-14.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$596,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Taylor Zemo Rt and Taylor
Bought by
165 Commercial Street and Kolligian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Freier Eric M $999,000 --
Freier Eric M $999,000 --
Rotvig Timothy A $1,000,000 --
Rotvig Timothy A $1,000,000 --
Marion Serelis T $795,000 --
Marion Serelis T $795,000 --
165 Commercial Street $795,000 --
165 Commercial Street $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freier Eric M $799,200
Closed Freier Eric M $799,200
Previous Owner Marion Serelis T $596,000
Previous Owner 165 Commercial Street $596,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2018 05/11/18 Sold $999,000 -16.7% $965 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $1,199,000 +19.9% $1,158 / Sq Ft
08/23/2016 08/23/16 Sold $1,000,000 -8.7% $966 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $1,095,000 +37.7% $1,058 / Sq Ft
09/10/2012 09/10/12 Sold $795,000 -14.1% $768 / Sq Ft View Prior Sale
09/04/2012 09/04/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $925,000 -- $894 / 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 $10,135 $1,809,900 $0 $1,809,900
2024 $9,531 $1,708,000 $0 $1,708,000
2023 $8,803 $1,472,000 $0 $1,472,000
2022 $9,058 $1,360,100 $0 $1,360,100
2021 $6,829 $964,600 $0 $964,600
2020 $7,105 $1,073,300 $0 $1,073,300
2019 $7,734 $1,095,400 $0 $1,095,400
2018 $7,263 $974,900 $0 $974,900
2017 $7,843 $1,017,300 $0 $1,017,300
2016 $7,641 $979,600 $0 $979,600
2015 $6,886 $933,000 $0 $933,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2018

    Mark Lynett

    Atlantic Bay Sotheby's Int'l R

  • E

    Seller's Agent in 2016

    Emily Flax

    Atlantic Bay Sotheby's Int'l R

  • J

    Buyer's Agent in 2016

    Joe DeMartino

    Coldwell Banker Pat Shultz R E

    Section Image

  • W

    Buyer's Agent in 2012

    William Dougal

    Coldwell Banker Pat Shultz R E

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21714306

Cape Cod & Islands Association of REALTORS®

APN: PROV-000007-000002-000004-000004

Massachusetts Barnstable County Provincetown 02657

165 Commercial St Unit 4, Provincetown, MA

Not Listed for Sale

Condos

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