NOT LISTED FOR SALE

521 Commercial St Unit 4 Provincetown, MA 02657

Estimated Value: $631,000 - $691,000

1 Bed
1 Bath
420 Sq Ft
$549/mo HOA Fee

Last Sold May 07, 2021

Last sale price $470,000 $1,119 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,434/month

76 Days on Market

Highlights

  • Beach Front
  • Cooling Available
  • Heating Available
  • Wood Flooring

About This Home

As of May 2021

Light filled aerie with panoramic views of Cape Cod Bay taking in Long Point, MacMillan Wharf and the rooftops and lanes of Provincetown. A spacious waterfront, water view, penthouse studio with Scandinavian simplicity and minimalism offset with warm wood trims....and amazing sunrises and sunsets. Carefree, low maintenance living steps from the beach. Exclusive use, private balcony is perfect for al fresco dining. Wood floors, multiple skylights, a wall of windows with black out blinds, suite of stainless kitchen appliances, washer/dryer hookup. Located in the quiet East End with boutique groceries and a year round restaurant nearby. Short walk to downtown. Short bike ride to Beech Forest and Race Point trails. This is the perfect little haven for full-time living, a weekend oasis or as a very attractive investment. And to make sure that transition is effortless - offered fully furnished. Weekly rentals allowed.Can be bought in combination with office space.(MLS#22100198)

Last Agent to Sell the Property

Timothy Brown

SeasCape Realty, Inc. License #9570723 Listed on: 01/15/2021

Last Buyer's Agent

Gerry Woodcome

William Raveis Real Estate & Home Services License #9561926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • No Unit Above or Below

HOA Fees

  • $549 Monthly HOA Fees

Interior Spaces

  • 420 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • Association fees include insurance
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 15112004

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,478

Year Built

Built in 1850 | Remodeled

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Frontage Type: Public
  • Water Body Name: Cape Cod Bay
  • Ownership: Condo
  • Directions: Rte 6 to Snail Road; Bear left on Commercial. .5 miles on LHS
  • Building Name: Waterview Colony
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Other
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: Top Level
  • Fireplace: No
  • Flooring: Wood

Exterior Features

  • Pool Private: No
  • Waterfront Features: Bay, Salt, Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No One Above
  • Property Condition: Updated/Remodeled, Approximate

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 548.7
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Junior High Dist: Provincetown

Lot Info

  • Zoning: RES 1
  • Land Lease: No
  • Lot Size Sq Ft: 2204
  • Parcel #: 15112004
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1850

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2478

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
May 7, 2021
Sold by
M Lindsey Reveal Ret
Bought by
Limpede Matthew S
Seller's Agent
Timothy Brown
SeasCape Realty, Inc.
Buyer's Agent
Gerry Woodcome
William Raveis Real Estate & Home Services
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Current Estimated Value
$657,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,700
Avg. Annual Appreciation
8.60%
Original Mortgage
$446,500
Outstanding Balance
$407,211
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,694

Purchase Details

Listed on
Apr 26, 2019
Closed on
Nov 22, 2019
Sold by
Slater Suzanne and Fidnick Linda
Bought by
Melanie L Reveal Ret
Seller's Agent
Emily Flax
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
Mark Lynett
Atlantic Bay Sotheby's Int'l R
List Price
$445,000
Sold Price
$384,000
Premium/Discount to List
-$61,000
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$307,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Arbour Kathryn and Slater Suzanne
Bought by
Slater Suzanne

Purchase Details

Closed on
May 19, 1989
Sold by
Brown David S
Bought by
Thompson Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Limpede Matthew S $470,000 None Available
Melanie L Reveal Ret $384,000 None Available
Slater Suzanne -- --
Slater Suzanne -- --
Thompson Jeanne $82,500 --
Thompson Jeanne $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limpede Matthew S $40,000
Open Limpede Matthew S $446,500
Closed Limpede Matthew S $446,500
Previous Owner Melanie L Reveal Ret $307,200
Previous Owner Thompson Jeanne $53,000
Previous Owner Thompson Jeanne $61,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $470,000 -5.8% $1,119 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $499,000 +29.9% $1,188 / Sq Ft
12/10/2019 12/10/19 Sold $384,000 -13.7% $914 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $445,000 -- $1,060 / 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 $3,031 $541,200 $0 $541,200
2024 $2,850 $510,700 $0 $510,700
2023 $2,632 $440,200 $0 $440,200
2022 $2,709 $406,700 $0 $406,700
2021 $2,776 $392,100 $0 $392,100
2020 $3,413 $515,600 $0 $515,600
2019 $3,435 $486,600 $0 $486,600
2018 $3,149 $422,700 $0 $422,700
2017 $3,135 $406,600 $0 $406,600
2016 $3,065 $393,000 $0 $393,000
2015 $2,762 $374,300 $0 $374,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22100190

Cape Cod & Islands Association of REALTORS®

APN: PROV-000015-000001-000012-000004