NOT LISTED FOR SALE

509 Commercial St Provincetown, MA 02657

Estimated Value: $2,609,000 - $3,627,000

5 Beds
2 Baths
1,584 Sq Ft
$2,006/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $825,000 $521 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $18,646/month

238 Days on Market

Highlights

  • Waterfront
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Interior Lot

About This Home

As of December 2015

BEST investment opportunity in Provincetown, priced way below assessed value of $1,466,100. Won't last !!Prime East End Historic WATERFRONT summer beach house known as the Pequod has wonderful sandy beach even at high tide!! Currently set up as a 2 family with total of 5 bedrooms, 2 bathrooms, 2 kitchens and shop space with frontage on commercial street(ideal for art studio,retail store, etc.). Potential galore:convert to single family, parking for 3 cars (remove section of fence for additional car, RV or Boat), possibility for spiral stairs to attic area for room and deck for another view of the Bay. Second floor deck offers magnificent views, private waterfront back yard with patio is great for entertaining. Built in 1860 with post and beam construction exudes charm and character from a different era. Buyers/agents should very all info

Last Agent to Sell the Property

Kevin Fuhs

Cape Cod Oceanview Realty (INACTIVE) Listed on: 03/12/2015

Last Buyer's Agent

David Nicolau

Atlantic Bay Sotheby's Int'l R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,819

Year Built

  • Built in 1860

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Yard
  • Historic Home
  • Property is zoned R3

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Gas Range
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

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

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,819

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: 509 Commercial near St Mary's church.
  • Architectural Style: Cape
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Range, Refrigerator, Water Heater, Electric Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood

Exterior Features

  • Exterior Features: Yard
  • Lot Features: In Town Location, House of Worship, Shopping, Interior Lot, Views, Level, Cleared, West of Route 6
  • Pool Private: No
  • Waterfront Features: Salt
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Actual, Cer. Historic
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Sewer: Cesspool
  • Heating: None
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R3
  • Land Lease: No
  • Lot Size Sq Ft: 4356
  • Parcel #: 151015
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1860

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10819
  • Tax Book Number: 1213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
509 Commercial Street Llc
Bought by
Odd Future Llc
Current Estimated Value
$3,177,002

Purchase Details

Closed on
Feb 18, 2016
Bought by
509 Commercial Street

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 12, 2015
Closed on
Dec 7, 2015
Sold by
Crave Jane L Est
Bought by
509 Commercial Street
Seller's Agent
Kevin Fuhs
Cape Cod Oceanview Realty (INACTIVE)
Buyer's Agent
David Nicolau
Atlantic Bay Sotheby's Int'l R
List Price
$1,200,000
Sold Price
$825,000
Premium/Discount to List
-$375,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Odd Future Llc $1,900,000 --
509 Commercial Street -- --
509 Commercial Street -- --
509 Commercial Street $825,000 --
509 Commercial Street $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 509 Commercial Street $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $825,000 -31.3% $521 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $1,200,000 -- $758 / 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 $16,024 $2,861,400 $1,911,800 $949,600
2024 $15,368 $2,754,200 $1,821,800 $932,400
2023 $14,290 $2,389,600 $1,584,400 $805,200
2022 $14,101 $2,117,300 $1,480,800 $636,500
2021 $10,301 $1,454,900 $1,346,200 $108,700
2020 $11,598 $1,663,200 $1,334,100 $329,100
2019 $0 $1,602,300 $1,295,300 $307,000
2018 $0 $1,516,500 $1,272,900 $243,600
2017 -- $1,543,400 $1,323,600 $219,800
2016 -- $1,497,500 $1,285,000 $212,500
2015 $10,820 $1,466,100 $1,259,600 $206,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin Fuhs

    Cape Cod Oceanview Realty (INACTIVE)

  • D

    Buyer's Agent in 2015

    David Nicolau

    Atlantic Bay Sotheby's Int'l R

See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21501637

Cape Cod & Islands Association of REALTORS®

APN: PROV-000015-000001-000015

Massachusetts Barnstable County Provincetown 02657

509 Commercial St, Provincetown, MA

This home is located at 509 Commercial St, Provincetown, MA 02657 since 12 March 2015 and is currently estimated at $3,177,002, approximately $2,005 per square foot. This property was built in 1860. 509 Commercial St is a home located in Barnstable County with nearby schools including Provincetown Schools.

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