NOT LISTED FOR SALE

550 State Hwy Eastham, MA 02642

Estimated Value: $2,256,000 - $4,291,000

1.09 Acres
$3,208,455 Price per Acre
47,480 Sq Ft Lot

Last Sold April 16, 2013

Last sale price $358,750 $515 Per Sq Ft

Est. 875% increase in value since last sale

Current estimated payment $21,727/month

80 Days on Market

Highlights

  • Ocean Front
  • Property is near a marina
  • No HOA
  • Nauset Regional High School Rated A
  • 1.09 Acre Lot
  • Views

About This Lot

As of April 2013

Waterfront lot w expansive water views of and access to Town Cove. Improved 4 bedroom lot offers underground utilities on site, septic and well installed and private access to Town Cove leading to Nauset Inlet & Atlantic Ocean. Private mooring in front of house possible w permit Owner/Builder started to construct lovely home but cant continue with this project. Foundation poured. MESA approval, conservation commission order of conditions and building permit in hand. Extraordinary home site to continue with this project or redesign to fit your own specifications. House plans available for buyer's inspection. Savings include: architect fees, MESA filing, permitting time & expense, installation of septic and well, installation of underground utilities and catch basins for driveway. Priced BELOW assessed value. Set far back from Highway

Last Agent to Sell the Property

Amanda Robinson

Berkshire Hathaway HomeServices Cape Shores Real Estate Listed on: 10/19/2012

Last Buyer's Agent

Amanda Robinson

Compass Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,909

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 389 x 207
  • Ocean Front
  • Near Conservation Area
  • Gentle Sloping Lot
  • Cleared Lot

Utilities

  • Electricity To Lot Line
  • Well
  • Private Sewer

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 021076B

Community Details

Overview

  • No Home Owners Association

Recreation

  • Property is near a marina

Property Details

Property Type

Land

Est. Annual Taxes

$2,909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.09
  • Lot Size: 389 x 207
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Town Cove
  • Directions: Orleans Rotary to homesite on the Right - #550. Realtors sign. Driveway down to lot abutting Town Cove.
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Conservation Area, Marina, Gentle Sloping, Views, Cleared
  • Waterfront Features: Ocean Front, Salt
  • Waterfront: Yes

Utilities

  • Sewer: Private Sewer
  • Electric: On Site, Underground
  • Telephone: Underground, On Site
  • Gas Company: At Street
  • Utilities: Cable Connected
  • Electricity On Property: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 47294
  • Parcel #: 021076B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2909
  • Tax Book Number: 12617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2016
Sold by
Cape Commerce Nt
Bought by
Khan Akhtar G and Moreno Claudia
Current Estimated Value
$3,497,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,192
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2012
Closed on
Apr 16, 2013
Sold by
Paine Robert L and Paine Sheila
Bought by
Cape Commerce Nt
Seller's Agent
Amanda Robinson
Berkshire Hathaway HomeServices Cape Shores Real Estate
Buyer's Agent
Amanda Robinson
Compass Real Estate
List Price
$399,000
Sold Price
$358,750
Premium/Discount to List
-$40,250
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
Original Mortgage
$251,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1999
Sold by
Vesta L Gould T and Bloomer Arthur W
Bought by
Paine Robert L and Paine Sheila
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
Khan Akhtar G $1,942,192 --
Cape Commerce Nt $358,750 --
Paine Robert L $550,000 --
Paine Robert L $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Akhtar G $1,600,000
Closed Khan Akhtar G $110,192
Previous Owner Cape Commerce Nt $845,000
Previous Owner Cape Commerce Nt $251,000
Previous Owner Paine Robert L $500,000
Previous Owner Paine Robert L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $358,750 -10.1% $515 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $399,000 -- $573 / 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 $27,832 $3,609,900 $818,900 $2,791,000
2024 $24,051 $3,430,900 $795,000 $2,635,900
2023 $21,018 $2,903,100 $634,600 $2,268,500
2022 $18,719 $2,181,700 $543,900 $1,637,800
2021 $18,335 $1,997,300 $494,400 $1,502,900
2020 $16,787 $1,925,100 $504,600 $1,420,500
2019 $15,543 $1,884,000 $489,900 $1,394,100
2018 $15,393 $1,843,500 $475,700 $1,367,800
2017 $14,384 $1,820,700 $466,300 $1,354,400
2016 $8,711 $1,170,800 $408,000 $762,800
2015 $8,176 $1,151,500 $400,000 $751,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21209359

Cape Cod & Islands Association of REALTORS®

APN: 21 0 76 0