NOT LISTED FOR SALE

423 Commercial St Unit 2 Provincetown, MA 02657

Estimated Value: $1,047,000 - $1,243,000

1 Bed
1 Bath
708 Sq Ft
$316/mo HOA Fee

Last Sold September 04, 2020

Last sale price $795,000 $1,123 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,883/month

23 Days on Market

Highlights

  • Beach Front
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of September 2020

Now is the time to make the move to Provincetown's waterfront for your vacation, second or main home. This one level, open plan, light-filled condominium features fantastic views, beautiful wide pine flooring, an updated kitchen, fantastic deck, in unit laundry and covered parking. In addition, you'll love the added bonus of a private, locked storage space in the basement. The condominium is part of a small association located in Provincetown's famed Gallery District. Step outside and stroll to shops, galleries, and restaurants, all within steps of your front door. The condo is on the waterside of the building, buffered by a street-side condo making your home a welcome respite from the hustle and bustle of Commercial Street. The association access to the beach makes it easy to put your feet in the sand and your kayak in the Bay! Don't put off securing your waterfront dream.

Last Agent to Sell the Property

Stephen Briscoe

SeasCape Realty, Inc. License #9502683 Listed on: 07/02/2020

Last Buyer's Agent

Martha Brousseau

Cove Real Estate License #9562343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,387

Year Built

  • Built in 1840 | Remodeled

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Hot Water Heating System
  • Water Heater

Community Details

  • Association fees include insurance, professional property management
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 12221002

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,387

Year Built

Built in 1840 | Remodeled

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Has Basement: Walk-Out Access
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Cape Cod Bay
  • Ownership: Condo
  • Directions: Route Six to Conwell Street, left on Bradford, right on Bangs Street, right on Commercial Street to 423. West side entrance.
  • Building Name: Other
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: Street Level
  • Fireplace: No
  • Flooring: Wood

Exterior Features

  • Pool Private: No
  • Waterfront Features: Bay, Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Property Condition: Updated/Remodeled, Approximate

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 316
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Professional Property Management

Lot Info

  • Zoning: R3
  • Land Lease: No
  • Lot Size Sq Ft: 4356
  • Parcel #: 12221002
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1840

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4387
  • Tax Book Number: 30051-279

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 19, 2020
Sold by
Broe Harley and Knott Nancy
Bought by
Sara L Malconian T
Seller's Agent
Stephen Briscoe
SeasCape Realty, Inc.
Buyer's Agent
Martha Brousseau
Cove Real Estate
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$1,140,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,022
Avg. Annual Appreciation
7.46%

Purchase Details

Listed on
Jun 1, 2015
Closed on
Oct 31, 2016
Sold by
Burroughs Katherine A and Burroughs Lori F
Bought by
Broe Harley and Knott Nancy
Seller's Agent
Stephen Briscoe
SeasCape Realty, Inc.
Buyer's Agent
Brenda Dean
Across The Bay Real Estate
List Price
$749,000
Sold Price
$690,000
Premium/Discount to List
-$59,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Ellenberg Lee W and Tannenbaum Martin H
Bought by
Burroughs Katherine A and Burroughs Lori F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1996
Sold by
423 Commercial St Rt
Bought by
Ellenberg Lee W and Tannenbaum Martin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sara L Malconian T $795,000 None Available
Broe Harley $690,000 --
Burroughs Katherine A $490,000 --
Burroughs Katherine A $490,000 --
Ellenberg Lee W $175,000 --
Ellenberg Lee W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burroughs Katherine A $294,000
Previous Owner Ellenberg Lee W $200,000
Previous Owner Ellenberg Lee W $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $795,000 0.0% $1,123 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $795,000 +15.2% $1,123 / Sq Ft
10/31/2016 10/31/16 Sold $690,000 -7.9% $975 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $749,000 -- $1,058 / 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 $4,841 $864,500 $0 $864,500
2024 $4,552 $815,700 $0 $815,700
2023 $4,084 $683,000 $0 $683,000
2022 $4,338 $651,300 $0 $651,300
2021 $3,832 $541,300 $0 $541,300
2020 $4,388 $662,800 $0 $662,800
2019 $4,415 $625,300 $0 $625,300
2018 $4,159 $558,300 $0 $558,300
2017 $3,496 $453,400 $0 $453,400
2016 $3,418 $438,200 $0 $438,200
2015 $3,199 $433,500 $0 $433,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22004257

Cape Cod & Islands Association of REALTORS®

APN: PROV-000012-000002-000002-000001-2