NOT LISTED FOR SALE

495 Commercial St Unit 5 Provincetown, MA 02657

Estimated Value: $648,112 - $921,000

1 Bed
1 Bath
384 Sq Ft
$572/mo HOA Fee

Last Sold November 30, 2021

Last sale price $571,000 $1,487 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,905/month

5 Days on Market

Highlights

  • Beach Front
  • Level Entry For Accessibility
  • Landscaped
  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of November 2021

Enjoy a waterfront, well-appointed one bedroom condo with views of the sunrise and moonrise cast over Provincetown harbor. Relax on a common lawn or sandy area with a private staircase to the beach. This warm and inviting unit has one bedroom with work desk, galley kitchen, one bath, exclusive use patio, and a deeded parking spot for one car. The unit is being sold furnished, excluding art work.With its excellent rental history and year-round living, this condo is ideal as an investment, full time home, or a hybrid to fit an owner's lifestyle. Pets are allowed for owners and tenants.This unit is part of a well-known and sought-after, full-service beachfront association. The all-inclusive association fee includes on-site property management, association insurance, oil heat, A/C, electricity, hot water, propane, exterior maintenance, and landscaping. A new sea wall has just been installed and has been fully paid for.

Last Agent to Sell the Property

Dave Krohn

Coldwell Banker Pat Shultz R E Listed on: 10/05/2021

Last Buyer's Agent

Emily Flax

Gibson Sotheby's International Realty License #9501746

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • Landscaped

HOA Fees

  • $572 Monthly HOA Fees

Interior Spaces

  • 384 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Water Heater

Community Details

  • Association fees include reserve funds, sewer, professional property management, insurance, flood insurance
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 151192005

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,942

Year Built

Built in 1850 | Remodeled

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Provincetown Harbor
  • Ownership: Condo
  • Directions: East on Commercial Street just past Howland St. 495 Commercial is on the waterside. Unit #5 is through the arched pathway, on the left, down a few steps. One deeded parking spot is across the street.
  • Building Name: Bayshore
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: Walkout
  • Fireplace: No
  • Flooring: Tile

Exterior Features

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

Garage/Parking

  • Open Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Landscaping, Maintenance Structure
  • Association Fee: 571.9
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Reserve Funds, Sewer, Professional Property Management, Insurance, Flood Insurance

Lot Info

  • Zoning: Res 3
  • Land Lease: No
  • Lot Size Sq Ft: 4850
  • Parcel #: 151192005
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1850

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2941.53
  • Tax Book Number: 32051

Multi Family

  • Number Of Units In Community: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 30, 2021
Sold by
Cortes Francisco J
Bought by
Zapata Jose and Tang Patrick
Seller's Agent
Dave Krohn
Coldwell Banker Pat Shultz R E
Buyer's Agent
Emily Flax
Gibson Sotheby's International Realty
List Price
$519,000
Sold Price
$571,000
Premium/Discount to List
$52,000
10.02%
Current Estimated Value
$761,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,028
Avg. Annual Appreciation
5.76%
Original Mortgage
$428,250
Outstanding Balance
$394,375
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,024

Purchase Details

Closed on
Mar 14, 2005
Sold by
Scarcella Barbara E and Adelman Carol J
Bought by
Higgins Janice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Zapata Jose $571,000 None Available
Zapata Jose $571,000 None Available
Higgins Janice J $410,000 --
Higgins Janice J $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zapata Jose $428,250
Closed Zapata Jose $428,250
Previous Owner Cortes Francisco J $348,000
Previous Owner Cortes Francisco J $352,750
Previous Owner Cortes Francisco J $352,750
Previous Owner Higgins Janice J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $571,000 +10.0% $1,487 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $519,000 +25.1% $1,352 / Sq Ft
05/29/2019 05/29/19 Sold $415,000 -3.3% $1,081 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $429,000 -- $1,117 / 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 $3,343 $596,900 $0 $596,900
2024 $3,143 $563,200 $0 $563,200
2023 $2,820 $471,500 $0 $471,500
2022 $2,794 $419,500 $0 $419,500
2021 $2,724 $384,700 $0 $384,700
2020 $2,379 $359,300 $0 $359,300
2019 $2,393 $339,000 $0 $339,000
2018 $2,168 $291,000 $0 $291,000
2017 $2,069 $268,300 $0 $268,300
2016 $1,938 $248,400 $0 $248,400
2015 $1,814 $245,800 $0 $245,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dave Krohn

    Coldwell Banker Pat Shultz R E

  • Emily Flax

    Buyer's Agent in 2021

    Emily Flax

    Gibson Sotheby's International Realty

    (508) 487-2430

    118 in this area

    135 Total Sales

    Emily Flax
    Section Image

  • J

    Seller's Agent in 2019

    Joan Lenane

    Coldwell Banker Pat Shultz R E

  • J

    Buyer's Agent in 2019

    Joel Harms

    William Raveis Real Estate & Home Services

    (508) 487-4005

    34 in this area

    39 Total Sales

    Joel Harms
    Section Image
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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22106089

Cape Cod & Islands Association of REALTORS®

APN: PROV-000015-000001-000019-000002-5

Massachusetts Barnstable County Provincetown 02657

495 Commercial St Unit 5, Provincetown, MA

This home is located at 495 Commercial St Unit 5, Provincetown, MA 02657 since 05 October 2021 and is currently estimated at $761,028, approximately $1,981 per square foot. This property was built in 1850. 495 Commercial St Unit 5 is a home located in Barnstable County with nearby schools including Provincetown Schools.

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