NOT LISTED FOR SALE

522 Shore Rd Unit 11 Truro, MA 02652

Truro Neighborhood

Estimated Value: $467,000 - $540,000

1 Bed
1 Bath
250 Sq Ft
$177/mo HOA Fee

Last Sold May 20, 2022

Last sale price $400,000 $1,600 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,187/month

57 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • End Unit
  • Community Beach Access
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2022

Million dollar view for less than half the price!! Rare opportunity to own a Sutton Place water-front free-standing studio cottage. Owners kept as much original as possible but with all of the comforts of home. In 2012 these 1930's fishermens' cottages were renovated and converted to condos. 2012: new roofs, new cedar shingles, new windows and doors, updated electrical and plumbing, new septic systems. Assigned 2 parking spaces directly in front, plus a guest space directly adjacent - you can park 6 cars for the fun cookouts you can host in your exclusive use area which extends 7' off the end of the beach-side deck. If the sea breeze is too much or the sun is too hot, you can hang out on the side deck just off the kitchen. Roomy bathroom. All appliances and most of the furniture can stay if desired. Pets allowed for owners and their guests (not renters). Unit has an excellent rental history and many repeat vacationers. Excellent offsite management company. Note: Broker/Owner

Last Listed By

Laura Kittery

Keller Williams Elite License #128712 Listed on: 01/14/2022

Keller Williams Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • Private Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • End Unit

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation

Interior Spaces

  • 250 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck

Location

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

Utilities

  • Cooling Available
  • No Heating
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 07008.11

Community Details

Overview

  • Association fees include reserve funds, professional property management, insurance, flood insurance
  • 25 Units
  • Beach Point Subdivision

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,596

Year Built

Built in 1930 | Remodeled

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Has Basement: Partial, Crawl Space
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Water Body Name: Cape Cod Bay
  • Ownership: Condo
  • Subdivision Name: Beach Point
  • Directions: Rte. 6 east to Truro, take any left for Rte. 6A east (Shore Road) to 522 Shore Road, Unit #11
  • Building Name: Sutton Place
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cottage
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Refrigerator, Microwave, Water Heater, Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: 6+ Steps to Entry,Street Level
  • Fireplace: No
  • Flooring: Wood
  • Window Features: Skylight(s)
  • Master Bedroom Features: Beamed Ceilings, View, Ceiling Fan(s)
  • Room Kitchen Features: Dining Area

Exterior Features

  • Lot Features: Public Tennis, Major Highway, House of Worship, Near Golf Course, Shopping, Corner Lot, Views, South of 6A
  • Pool Private: No
  • Waterfront Features: Bay, Salt, Private, Ocean Front, Harbor
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No Common Walls, End Unit, Corner Unit
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Approximate

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Unpaved, Guest, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Cooling: Other
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Deeded Beach Rights
  • Amenities: Beach Access, Trash
  • Association Fee: 529.8
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: BP Lmtd Bus
  • Land Lease: No
  • Parcel #: 07008.11
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1930

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2595.58
  • Tax Book Number: 26919

Multi Family

  • Number Of Units In Community: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
May 20, 2022
Sold by
Sea Perch Rt
Bought by
Alberghetti Paul G
Seller's Agent
Laura Kittery
Keller Williams Elite
Buyer's Agent
Timothy Brown
SeasCape Realty, Inc.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Total Days on Market
57
Current Estimated Value
$502,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,589
Avg. Annual Appreciation
10.67%
Original Mortgage
$100,000
Outstanding Balance
$94,939
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$445,665

Purchase Details

Closed on
Dec 5, 2012
Sold by
Lexvest Sutton Llc
Bought by
Sea Perch Rt

Range of Values:

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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
Alberghetti Paul G $400,000 None Available
Sea Perch Rt $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberghetti Paul G $100,000
Previous Owner Lexvest Sutton Llc $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Off Market $400,000 -- --
05/20/2022 05/20/22 Sold $400,000 -5.9% $1,600 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $425,000 -- $1,700 / 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 $2,688 $434,900 $0 $434,900
2024 $2,436 $406,600 $0 $406,600
2023 $2,505 $383,100 $0 $383,100
2022 $2,520 $326,000 $0 $326,000
2021 $2,357 $319,400 $0 $319,400
2020 $2,110 $287,900 $0 $287,900
2019 $2,006 $269,200 $0 $269,200
2018 $1,890 $256,500 $0 $256,500
2017 $1,888 $270,500 $0 $270,500
2016 $1,814 $267,900 $0 $267,900
2015 $1,742 $262,700 $0 $262,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22200199

Cape Cod & Islands Association of REALTORS®

APN: TRUR-000007-000000-000008-000011