NOT LISTED FOR SALE

5 Mercantile Way Mashpee, MA 02649

Estimated Value: $528,821

1.05 Acres
$503,639 Price per Acre
45,738 Sq Ft Lot

Last Sold April 20, 2023

Last sale price $499,000

Est. 6% increase in value since last sale

Current estimated payment $3,248/month

174 Days on Market

Highlights

  • Medical Services
  • 1.05 Acre Lot
  • No HOA
  • Mashpee High School Rated A-
  • Corner Lot
  • Property is near shops

About This Lot

As of April 2023

Commercial lot at the intersection of Industrial Drive, Commercial Street and Mercantile Way. Close to shopping, Roche Bros, Mashpee Commons, South Cape Beach with easy access to Route 151 , Route 28 , to the Bourne Bridge of Woods Hole and the Islands. Fantastic location in a growing area.

Last Listed By

Gerry Coughlan

Kinlin Grover Compass Listed on: 10/27/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,851

Year Built

  • 1982

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Property is zoned I1

Location

  • Property is near place of worship
  • Property is near shops
  • Property is near a golf course

Utilities

  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 881060

Community Details

Recreation

  • Electricity Available at Street

Additional Features

  • No Home Owners Association
  • Medical Services

Property Details

Property Type

Land

Est. Annual Taxes

$2,851

Year Built

1982

Lot Details

0

Listing Details

  • Property Sub Type: Industrial
  • Prop. Type: Land
  • Lot Size Acres: 1.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Directions: Great Neck Road South to Mercantile or Route 28 to Industrial , left on Commercial to Mercantile
  • Special Features: None
  • Year Built (Public Record): 1982

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Shopping, School, Medical Facility, Major Highway, House of Worship, Near Golf Course, Corner Lot, South of Route 28
  • Waterfront: No

Utilities

  • Sewer: Private Sewer
  • Electric: At Street
  • Telephone: At Street
  • Utilities: Cable Available
  • Electricity On Property: No

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mashpee

Lot Info

  • Zoning: I1
  • Lot Size Sq Ft: 45738
  • Parcel #: 881060
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2851
  • Tax Book Number: 26995-318
  • Tax Lot: 17

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed 5 Mercantile Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $499,000 -0.2% --
09/18/2022 09/18/22 Off Market $499,900 -- --
04/19/2022 04/19/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $499,900 -- --
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
2024 $3,622 $569,500 $569,500 $0
2023 $3,092 $445,500 $445,500 $0
2022 $3,091 $378,300 $378,300 $0
2021 $2,902 $320,000 $320,000 $0
2020 $2,824 $310,700 $310,700 $0
2019 $2,730 $301,700 $301,700 $0
2018 $2,615 $293,200 $293,200 $0
2017 $2,710 $294,900 $294,900 $0
2016 $3,028 $327,700 $327,700 $0
2015 $3,072 $337,200 $337,200 $0
2014 $3,068 $326,700 $326,700 $0
Source: Public Records

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Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22106528

Cape Cod & Islands Association of REALTORS®

APN: MASH-000088-000106