23 Mechanic St Unit 1 Provincetown, MA 02657
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 Agent to Sell the Property
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
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%
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
$362,267
Avg. Annual Appreciation
11.60%
Original Mortgage
$420,000
Outstanding Balance
$375,442
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$511,825
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
9.56%
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
Similar Homes in Provincetown, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $525,000 | None Available | |
| Condominium Deed | $525,000 | None Available | |
| Not Resolvable | $10,000 | -- | |
| Deed | $330,000 | -- | |
| Deed | $330,000 | -- | |
| Deed | $380,000 | -- | |
| Deed | $380,000 | -- | |
| Deed | $199,000 | -- | |
| Deed | $199,000 | -- | |
| Deed | $145,000 | -- | |
| Deed | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Closed | $420,000 | New Conventional | |
| Previous Owner | $295,000 | Unknown | |
| Previous Owner | $297,000 | New Conventional | |
| Previous Owner | $108,750 | Purchase Money Mortgage |
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
122 in this area
139 Total Sales
Map
Source: Cape Cod & Islands Association of REALTORS®
MLS Number: 22006669
APN: PROV-000006-000004-000069-000001
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