23 Mechanic St Unit 1 Provincetown, MA 02657
Estimated Value: $730,000 - $954,000
1
Bed
1
Bath
733
Sq Ft
$234/mo
HOA Fee
Highlights
- Wood Flooring
- Hot Water Heating System
- Laundry Facilities
- Cooling System Mounted In Outer Wall Opening
- 1 Car Garage
- Community Storage Space
About This Home
As of November 2020With an average annual rental income of $28,516 since 2017, this year-round 733 sf 1br/1ba offers a bonus room for friends and family, or an in-home office. Tucked on a quiet West End side street, and located within walking distance to Provincetown's best restaurants, shops and galleries, this property includes a detached garage for 1 compact to mid-sized vehicle and private exclusive use patio area for outdoor entertaining. Other amenities include: recessed lighting; common laundry; common storage; high efficiency split systems offering heat and A/C; newer appliances; and pet friendly for both owners and tenants. This is the only property in P'town under $500,000 that offers 700+ sf of living space, parking, abundant exclusive-use outdoor space, is pet friendly for both owners and tenants, and located in a West End neighborhood surrounded by higher priced homes. Schedule your appointment today for a showing this weekend. The Buyer to assume the remaining sewer betterment.
Last Listed By
Brett Holmes
Kinlin Grover Real Estate Listed on: 10/02/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,445
Year Built
- Built in 1890 | Remodeled
Lot Details
- 5,227
HOA Fees
- $234 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 733 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 6469001
Community Details
Overview
- Association fees include reserve funds, insurance
- 3 Units
Amenities
- Laundry Facilities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2020
Closed on
Nov 16, 2020
Sold by
Yeung Michael
Bought by
Sabot Bruce and Xie Zhiwen
Seller's Agent
Brett Holmes
Kinlin Grover Real Estate
Buyer's Agent
Emily Flax
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,691
Avg. Annual Appreciation
10.39%
Original Mortgage
$420,000
Outstanding Balance
$377,979
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$437,976
Purchase Details
Closed on
Jul 8, 2015
Sold by
Letourneau Scot B
Bought by
Yeung Michael
Purchase Details
Listed on
Sep 10, 2013
Closed on
Nov 6, 2014
Sold by
Hendershot Bradley
Bought by
Yeung Michael and Letourneau Scot
Seller's Agent
Brett Holmes
Kinlin Grover Real Estate
Buyer's Agent
Brett Holmes
Kinlin Grover Real Estate
List Price
$400,000
Sold Price
$330,000
Premium/Discount to List
-$70,000
-17.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$297,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2006
Sold by
Myers Thomas G
Bought by
Hendershot Bradley S
Purchase Details
Closed on
Aug 19, 2003
Sold by
Descoteaux Steven
Bought by
Myers Thomas G
Purchase Details
Closed on
Apr 12, 2002
Sold by
Oneal Jon T
Bought by
Descoteaux Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Provincetown, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sabot Bruce | $525,000 | None Available | |
| Sabot Bruce | $525,000 | None Available | |
| Yeung Michael | $10,000 | -- | |
| Yeung Michael | $330,000 | -- | |
| Yeung Michael | $330,000 | -- | |
| Hendershot Bradley S | $380,000 | -- | |
| Hendershot Bradley S | $380,000 | -- | |
| Myers Thomas G | $199,000 | -- | |
| Myers Thomas G | $199,000 | -- | |
| Descoteaux Steven | $145,000 | -- | |
| Descoteaux Steven | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sabot Bruce | $420,000 | |
| Closed | Sabot Bruce | $420,000 | |
| Previous Owner | Yeung Michael | $295,000 | |
| Previous Owner | Yeung Michael | $297,000 | |
| Previous Owner | Descoteaux Steven | $108,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $525,000 | +5.2% | $716 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $499,000 | +51.2% | $681 / Sq Ft |
| 11/06/2014 11/06/14 | Sold | $330,000 | -17.5% | $450 / Sq Ft |
| 10/01/2014 10/01/14 | Pending | -- | -- | -- |
| 09/10/2013 09/10/13 | For Sale | $400,000 | -- | $546 / Sq Ft |
Source: Cape Cod & Islands Association of REALTORS®
Tax History Compared to Growth
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 | $3,569 | $637,300 | $0 | $637,300 |
| 2024 | $3,355 | $601,300 | $0 | $601,300 |
| 2023 | $2,872 | $480,200 | $0 | $480,200 |
| 2022 | $3,026 | $454,400 | $0 | $454,400 |
| 2021 | $2,695 | $380,600 | $0 | $380,600 |
| 2020 | $2,445 | $369,400 | $0 | $369,400 |
| 2019 | $2,460 | $348,500 | $0 | $348,500 |
| 2018 | $2,412 | $323,700 | $0 | $323,700 |
| 2017 | $2,399 | $311,200 | $0 | $311,200 |
| 2016 | $2,346 | $300,800 | $0 | $300,800 |
| 2015 | -- | $297,500 | $0 | $297,500 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2020
Brett Holmes
Kinlin Grover Real Estate
-
Emily Flax
Buyer's Agent in 2020
Emily Flax
Gibson Sotheby's International Realty
(508) 487-2430
127 in this area
146 Total Sales
Map
Source: Cape Cod & Islands Association of REALTORS®
MLS Number: 22006669
APN: PROV-000006-000004-000069-000001
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All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS®, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS®, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal. Copyright 2025 © Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.
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