NOT LISTED FOR SALE

500 Ocean St Unit 4 Hyannis, MA 02601

Hyannis Neighborhood

Estimated Value: $764,000 - $802,000

3 Beds
2.5 Baths
1,400 Sq Ft
$564/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $540,000 $386 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,332/month

12 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Clubhouse
  • Property is near a marina
  • 6.8 Acre Lot
  • Deck

About This Home

As of March 2021

Looking for a summer retreat on Cape Cod with a private beach and pool but don't want to spend millions to get it? The Yachtsman Condos offers all this without the price tag and with more square footage than a regular single family home, you CAN have the best of both worlds! No maintenance and no rental restrictions, this unit is the perfect summer get away or investment property. The summer rental rates for this unit go for a minimum of $2700 per week due to the endless amenities offered within walking distance; shopping, entertainment, fine dining, not to mention the daily ferries to the Islands. This unique condo is one of the few units that also includes a basement for additional square feet. Recently renovated, you can enjoy this relaxing atmosphere with all new hardwood floors, new kitchen, and updated bathrooms.

Last Agent to Sell the Property

Lauren Scioletti

Kinlin Grover BK Real Estate Listed on: 02/08/2021

Last Buyer's Agent

Elisabetta Musto Yebba

Coldwell Banker Realty License #9005031

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,213

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $554 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Cedar Closet
  • Linen Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property is near a marina
  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for association fees, sewer, water, electricity, hot water, heat, gas
  • Assessor Parcel Number 32404000R

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Pool
  • Snow Removal

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,213

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Has Basement: Interior Entry, Partial
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 6.8
  • Road Surface Type: Paved
  • Ownership: Condo
  • Directions: Ocean to Unit 4
  • Building Name: Yachtsman
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Kitchen Level: First
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Dryer - Electric, Water Heater, Electric Water Heater
  • Total Bedrooms: 3
  • Interior Amenities: Recessed Lighting, Linen Closet
  • Owner Pays: Association Fees, Sewer, Water, Electricity, Hot Water, Heat, Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 400
  • Door Features: Sliding
  • Entry Location: Street Level
  • Fireplace: No
  • Flooring: Tile, Wood
  • Room Bedroom3 Features: Bedroom 3, Closet
  • Dining Room Features: Cathedral Ceiling(s), Shared Half Bath, Dining Room
  • Living Room Living Room Level: First
  • Kitchen Description: Countertop(s): Quartz,Flooring: Wood,Stove(s): Electric
  • Bedroom 2 Description: Flooring: Wood
  • Master Bedroom Master Bedroom Level: Second
  • Primary Bedroom Description: Flooring: Wood
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bedroom 2, Shared Full Bath, Closet
  • Master Bedroom Features: Balcony, Recessed Lighting, Closet
  • Room Kitchen Features: Kitchen, Upgraded Cabinets, Shared Half Bath, Kitchen Island
  • Living Room Features: Living Room, Shared Half Bath, Recessed Lighting
  • Dining Room Dining Room Level: First
  • Master Bathroom Features: Private Full Bath

Exterior Features

  • Lot Features: In Town Location, Marina, South of Route 28
  • Pool Features: Community
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Asphalt, Shingle, Pitched

Garage/Parking

  • Open Parking: No
  • Parking Features: Assigned, Guest
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Security: Gated Community
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Laundry Room, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Snow Removal, Road Maintenance, Lifeguard, Landscaping, Deeded Beach Rights, Common Area, Clubhouse
  • Amenities: Cable TV, Trash, Snow Removal, Pool, Maintenance Structure, Beach Access
  • Association Fee: 553.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Professional Property Management, Insurance

Schools

  • Junior High Dist: Barnstable

Lot Info

  • Zoning: RB
  • Land Lease: No
  • Lot Size Sq Ft: 296208
  • Parcel #: 32404000R
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1975

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5213
  • Tax Book Number: C21-4

Multi Family

  • Number Of Units In Community: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 19, 2021
Sold by
Scudder Bay Inv Corp
Bought by
Eldamaa Chafic and Eldamaa Maya
Seller's Agent
Lauren Scioletti
Kinlin Grover BK Real Estate
Buyer's Agent
Elisabetta Musto Yebba
Coldwell Banker Realty
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%
Current Estimated Value
$789,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,046
Avg. Annual Appreciation
8.90%
Original Mortgage
$458,000
Outstanding Balance
$412,426
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,620

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 21, 2020
Sold by
E F Goodman Ft 1992
Bought by
Scudder Bay Inv Corp
Seller's Agent
Karen Lilly
Property Cape Cod
Buyer's Agent
Lauren Scioletti
Kinlin Grover BK Real Estate
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.87%
Original Mortgage
$320,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Goodman Edward F and Goodman Judith
Bought by
Edward F Goodman 1992

Purchase Details

Closed on
Jul 16, 1976
Bought by
Goodman Edward F
Source: Public Records

Range of Values:

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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
Eldamaa Chafic $540,000 None Available
Scudder Bay Inv Corp $400,000 None Available
Edward F Goodman 1992 -- --
Goodman Edward F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldamaa Chafic $100,000
Open Eldamaa Chafic $458,000
Previous Owner Scudder Bay Inv Corp $320,000
Previous Owner Goodman Edward F $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $540,000 -10.0% $386 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $599,900 +50.0% $429 / Sq Ft
10/26/2020 10/26/20 Sold $400,000 +0.3% $293 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $399,000 -- $292 / 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 $5,848 $630,800 $0 $630,800
2024 $5,617 $620,700 $0 $620,700
2023 $4,341 $453,600 $0 $453,600
2022 $4,748 $410,400 $0 $410,400
2021 $5,096 $427,900 $0 $427,900
2020 $4,799 $389,200 $0 $389,200
2019 $4,750 $377,600 $0 $377,600
2018 $3,934 $357,700 $0 $357,700
2017 $3,801 $317,000 $0 $317,000
2016 $3,718 $317,000 $0 $317,000
2015 $3,715 $321,100 $0 $321,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22100556

Cape Cod & Islands Association of REALTORS®

APN: HYAN-000324-000000-000040-R000000