NOT LISTED FOR SALE

48 Shank Painter Rd Provincetown, MA 02657

Estimated Value: $1,415,181

4 Beds
3 Baths
1,860 Sq Ft
$761/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $724,000 $389 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $7,503/month

285 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Wood Flooring
  • Vinyl Pool
  • Deck
  • 5-minute walk to Pilgrim Bark Park

About This Home

As of November 2017

Centrally Located Two Family with Pool. Live in one unit and rent the other, the potential exists for a healthy rental income. The 3 bedroom/2 bath main unit has a wood burning fireplace and hardwood floors throughout. There are granite countertops in the eat-in kitchen. A sliding glass door leads out to the back yard with an 18'x36' heated, in-ground pool. There is an attached, light and bright 1 bedroom unit with cathedral ceilings and a deck offering a spectacular view of Shank Painter Pond. Easy, single-story living, other amenities include a full basement and plenty of parking. Located in the GC Zoning District, this property allows for a high visibility office or retail space. Great central location and walking distance to downtown Provincetown.

Last Agent to Sell the Property

David Nicolau

Atlantic Bay Sotheby's Int'l R Listed on: 12/10/2016

Last Buyer's Agent

Brenda Dean

Cove Real Estate License #9518447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 6,969 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • Near Conservation Area
  • Cleared Lot

Home Design

  • Poured Concrete
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • French Doors
  • Sliding Doors
  • Dishwasher
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Parking Spaces
  • Open Parking
  • Off-Street Parking

Pool

  • Vinyl Pool
  • Outdoor Shower

Outdoor Features

  • Deck

Location

  • Property is near place of worship
  • Property is near shops

Utilities

  • No Cooling
  • Heating Available
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 073001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,884

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Finished, Interior Entry, Full
  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Travel W on Route 6, take left on Shank Painter Rd. Building is on your right just after the Stop and Shop
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Tankless Water Heater, Refrigerator, Dishwasher
  • Total Bedrooms: 4
  • Interior Amenities: View
  • Owner Pays: None
  • Full Bathrooms: 3
  • Door Features: Sliding Doors, French Doors, Sliding Door, French/Patio Door
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Tile Floor

Exterior Features

  • Exterior Features: Outdoor Shower, Yard
  • Lot Features: Conservation Area, House of Worship, Shopping, In Town Location, Cleared
  • Pool Features: Heated, Vinyl
  • Waterfront Features: Pond, Lake/Pond
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Poured
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Approximate
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street, Stone/Gravel, Unpaved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric Stove, Fireplace
  • Electric: Electric Meter
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: GC
  • Lot Size Sq Ft: 6969
  • Parcel #: 073001
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1966

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5884
  • Tax Book Number: 27192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2016
Closed on
Nov 9, 2017
Sold by
Ackerman Ari D and Conley Richard
Bought by
48 Shankpainter Llc
Seller's Agent
David Nicolau
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
Brenda Dean
Cove Real Estate
List Price
$849,500
Sold Price
$724,000
Premium/Discount to List
-$125,500
-14.77%
Current Estimated Value
$1,415,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,181
Avg. Annual Appreciation
8.70%

Purchase Details

Listed on
Jul 22, 2012
Closed on
Mar 8, 2013
Sold by
Taves Jane
Bought by
Ackerman Ari D
Seller's Agent
Mary Cabral
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
David Nicolau
Atlantic Bay Sotheby's Int'l R
List Price
$785,900
Sold Price
$724,000
Premium/Discount to List
-$61,900
-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
0.00%
Original Mortgage
$579,200
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1999
Sold by
Numbers Inc
Bought by
Taves Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
48 Shankpainter Llc $724,000 --
48 Shankpainter Llc $724,000 --
Ackerman Ari D $724,000 --
Ackerman Ari D $724,000 --
Ackerman Ari D $724,000 --
Taves Jane $425,000 --
Taves Jane $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackerman Ari D $579,200
Previous Owner Taves Jane $400,000
Previous Owner Taves Jane $52,000
Previous Owner Taves Jane $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $724,000 -14.8% $389 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
12/10/2016 12/10/16 For Sale $849,500 +17.3% $457 / Sq Ft
03/08/2013 03/08/13 Sold $724,000 -7.9% $389 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
07/22/2012 07/22/12 For Sale $785,900 -- $423 / 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 -- $1,243,900 $250,100 $993,800
2024 -- $1,150,700 $238,300 $912,400
2023 $0 $934,800 $207,300 $727,500
2022 $0 $764,000 $193,700 $570,300
2021 $0 $687,700 $176,100 $511,600
2020 $0 $698,100 $173,900 $524,200
2019 $6,132 $658,500 $168,900 $489,600
2018 $0 $742,200 $168,100 $574,100
2017 $0 $722,800 $185,400 $537,400
2016 -- $661,800 $180,000 $481,800
2015 $4,149 $562,200 $176,400 $385,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21610190

Cape Cod & Islands Association of REALTORS®

APN: PROV-000007-000003-000001