NOT LISTED FOR SALE

586 Commercial St Unit 3 Provincetown, MA 02657

Estimated Value: $631,000 - $700,000

1 Bed
1 Bath
265 Sq Ft
$300/mo HOA Fee

Last Sold November 02, 2021

Last sale price $525,000 $1,981 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,167/month

6 Days on Market

Highlights

  • 0.38 Acre Lot
  • Landscaped
  • Heating Available
  • Tile Flooring

About This Home

As of November 2021

Located at Ship's Bell in Provincetown's historic East End, this pied-a-terre offers all of the amenities you could want, and more. Thoughtfully designed to maximize every inch of space, you will live large, especially with the exclusive-use rooftop deck offering an additional 150 sq. ft. of outdoor living space with water views. You will wake up each morning with views of the Bay from a loft which sleeps two comfortably, and can host an overnight guest on the built-in daybed with custom storage. No detail was overlooked. Other amenities include: deeded beach access directly across the street; assigned parking for 1 car; bead-board ceilings and walls; common laundry; association bike rack; professional property management; and WiFi included in a low monthly HOA. Weekly rentals and pets for owners permitted. This condo is your quintessential Provincetown summer retreat and will make an excellent rental.

Last Agent to Sell the Property

Brett Holmes

Kinlin Grover Real Estate Listed on: 09/05/2021

Last Buyer's Agent

Isi Georgiev

Gibson Sotheby's International Realty License #9539169

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1800

Lot Details

  • No Unit Above or Below
  • Landscaped

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 1 Full Bathroom
  • 265 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 153531003

Community Details

Overview

  • Association fees include reserve funds, professional property management, insurance
  • 13 Units

Amenities

  • Common Area

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,290

Year Built

Built in 1800

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Frontage Type: Public
  • Ownership: Condo
  • Directions: Located between Allerton and Conway Street with access from both Commercial and Bradford Street. The parking space is on Commercial Street.
  • Building Name: Ships Bell
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Entry Location: Top Level
  • Fireplace: No
  • Flooring: Tile, Carpet

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No One Above
  • Property Condition: Approximate

Garage/Parking

  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Common Area, Snow Removal, Trash, Landscaping
  • Association Fee: 299.81
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Zoning: R2
  • Land Lease: No
  • Lot Size Sq Ft: 16553
  • Parcel #: 153531003
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1800

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2290
  • Tax Book Number: 29955-146

Multi Family

  • Number Of Units In Community: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 29, 2021
Sold by
Robinson William K
Bought by
Patel Mira
Seller's Agent
Brett Holmes
Kinlin Grover Real Estate
Buyer's Agent
Isi Georgiev
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$663,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,182
Avg. Annual Appreciation
6.31%
Original Mortgage
$472,500
Outstanding Balance
$432,742
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,440

Purchase Details

Listed on
Sep 18, 2015
Closed on
Sep 23, 2016
Sold by
Terrat Andrew G
Bought by
Robinson William K
Seller's Agent
Sue Buerkel
Atlantic Bay Sotheby's Int'l R
Buyer's Agent
Bill Farmer
Beachfront Realty
List Price
$399,000
Sold Price
$349,000
Premium/Discount to List
-$50,000
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$279,200
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Patel Mira $525,000 None Available
Patel Mira $525,000 None Available
Robinson William K $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mira $472,500
Closed Patel Mira $472,500
Previous Owner Robinson William K $279,200
Previous Owner Terrat Andrew G $179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $525,000 +5.2% $1,981 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $499,000 +43.0% $1,883 / Sq Ft
09/23/2016 09/23/16 Sold $349,000 -12.5% $1,317 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $399,000 -- $1,506 / 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 $3,126 $558,300 $0 $558,300
2024 $2,939 $526,700 $0 $526,700
2023 $2,637 $441,000 $0 $441,000
2022 $2,378 $357,100 $0 $357,100
2021 $2,290 $323,500 $0 $323,500
2020 $2,079 $314,000 $0 $314,000
2019 $2,281 $323,100 $0 $323,100
2018 $2,149 $288,500 $0 $288,500
2017 $2,139 $277,400 $0 $277,400
2016 $2,091 $268,100 $0 $268,100
2015 $1,963 $266,000 $0 $266,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brett Holmes

    Kinlin Grover Real Estate

  • Isi Georgiev

    Buyer's Agent in 2021

    Isi Georgiev

    Gibson Sotheby's International Realty

    (508) 487-2430

    109 in this area

    139 Total Sales

    Isi Georgiev
    Section Image

  • S

    Seller's Agent in 2016

    Sue Buerkel

    Atlantic Bay Sotheby's Int'l R

  • B

    Buyer's Agent in 2016

    Bill Farmer

    Beachfront Realty

See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22105377

Cape Cod & Islands Association of REALTORS®

APN: PROV-000015-000003-000053-000001-3

Massachusetts Barnstable County Provincetown 02657

586 Commercial St Unit 3, Provincetown, MA

This home is located at 586 Commercial St Unit 3, Provincetown, MA 02657 since 05 September 2021 and is currently estimated at $663,182, approximately $2,502 per square foot. This property was built in 1800. 586 Commercial St Unit 3 is a home located in Barnstable County with nearby schools including Provincetown Schools.

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