NOT LISTED FOR SALE

20 Race Rd Unit 7 Provincetown, MA 02657

Estimated Value: $1,019,000 - $1,273,000

2 Beds
2 Baths
828 Sq Ft
$224/mo HOA Fee

Last Sold November 16, 2022

Last sale price $950,000 $1,147 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,066/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Beamed Ceilings
  • Living Room with Fireplace
  • Cottage
  • Fenced Yard

About This Home

As of November 2022

Nestled at the back of the Race Rd. Condominium is this 2-story free standing 2-bedroom, 2 bath cottage in Provincetown's desirable West End. Enter the property through a gate leading into an exclusive use fenced-in deck/yard area with room for outdoor dining, gardening and more. The few steps up into the unit bring you into the living/dining area with gas fireplace. Pine floors run throughout the unit adding a ''Cape'' feel to the property. An en-suite guest bedroom and full bath are off the living room and the updated kitchen has granite countertops and stainless appliances. The 2nd floor holds the primary bedroom with walk-in closet, washer/dryer and updated, tiled shower and bath. High ceilings and split-system heat/AC round out this charming property. Parking for one car. Owners have been using this as their year-round home, but the condo would be a wonderful rental property or second home. Being offered turnkey with some exceptions. Buyer to assume sewer betterment - $2,466 remaining.

Last Listed By

Gabby Hanna

William Raveis Real Estate & Home Services Listed on: 10/12/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • No Common Walls
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped
  • Garden

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Cottage

Interior Spaces

  • 828 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 71654007

Community Details

Overview

  • Association fees include insurance
  • 7 Units

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,964

Year Built

Built in 1850 | Remodeled

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Dead End Street, Public
  • Road Surface Type: Paved
  • Ownership: Condo
  • Directions: Route 6 to Shank Painter, right on Bradford St, right on Pleasant St, left on Race Rd. to 20 Race Rd on left. Unit 7 is at the rear of complex.
  • Building Name: Race Road
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cottage
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Entry Location: Walkout
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Wood
  • Main Level Bathrooms: 1
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2, Private Full Bath
  • Master Bedroom Features: Laundry Areas, Walk-In Closet(s), Ceiling Fan(s)
  • Living Room Features: Ceiling Fan(s), Beamed Ceilings
  • Master Bathroom Features: Private Full Bath

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced Yard
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Actual

Garage/Parking

  • Open Parking: No
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Common Area, Landscaping
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Zoning: Res3
  • Land Lease: No
  • Lot Size Sq Ft: 6942
  • Parcel #: 71654007
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1850

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3964
  • Tax Book Number: 30955

Multi Family

  • Number Of Units In Community: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 16, 2022
Sold by
Shepherd Michael E and Burke David A
Bought by
Ragusa Jill M and Baumann Elizabeth
Seller's Agent
Gabby Hanna
William Raveis Real Estate & Home Services
Buyer's Agent
Michael Zeppieri
Compass Massachusetts, LLC
List Price
$899,500
Sold Price
$950,000
Premium/Discount to List
$50,500
5.61%
Total Days on Market
4
Current Estimated Value
$1,164,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,627
Avg. Annual Appreciation
11.75%
Original Mortgage
$250,000
Outstanding Balance
$243,717
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,006,306

Purchase Details

Closed on
Nov 24, 2010
Sold by
Jorgensen Andrew C
Bought by
Jorgensen Andrew C and Schofield Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2009
Sold by
Coe Arthur B and Smith Kenneth J
Bought by
Jorgensen Andrew Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Wagner Brian D and Hite Jane M
Bought by
Coe Arthur B and Smith Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1999
Sold by
Diperna Diane M and Pomponi Donna L
Bought by
Hite Jane M and Wagner Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1991
Sold by
Sangiovanni Michael and Bruce Silva A
Bought by
Pomponi Donna L and Diperna Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
9.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Ragusa Jill M $950,000 None Available
Jorgensen Andrew C -- --
Jorgensen Andrew Carl $379,000 --
Coe Arthur B $475,000 --
Hite Jane M $219,900 --
Pomponi Donna L $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragusa Jill M $250,000
Previous Owner Shepherd Michael E $444,500
Previous Owner Schofield Paul R $313,500
Previous Owner Jorgensen Andrew C $285,000
Previous Owner Jorgensen Andrew Carl $284,250
Previous Owner Coe Arthur B $315,000
Previous Owner Pomponi Donna L $197,900
Previous Owner Pomponi Donna L $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $950,000 +5.6% $1,147 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $899,500 +41.7% $1,086 / Sq Ft
12/11/2017 12/11/17 Sold $635,000 -9.2% $767 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $699,000 -- $844 / 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 $4,623 $825,600 $0 $825,600
2024 $4,177 $748,500 $0 $748,500
2023 $3,965 $663,000 $0 $663,000
2022 $4,188 $628,800 $0 $628,800
2021 $4,128 $583,100 $0 $583,100
2020 $3,748 $566,100 $0 $566,100
2019 $3,773 $534,400 $0 $534,400
2018 $3,559 $477,700 $0 $477,700
2017 $3,352 $434,800 $0 $434,800
2016 $3,093 $396,500 $0 $396,500
2015 $2,788 $377,800 $0 $377,800
Source: Public Records

Agents Affiliated with this Home

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Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22205434

Cape Cod & Islands Association of REALTORS®

APN: PROV-000007-000001-000065-000004-7