$349,000
SOLD SEP 23, 2016

586 Commercial St Unit 3 Provincetown, MA 02657

1 Bed
1 Bath
265 Sq Ft
0.38 Acres

Recently Sold

$1,317 Per Sq Ft

13% Below List Price

342 Days on Market

Highlights

  • 0.38 Acre Lot
  • Deck
  • Cooling Available
  • Cape Cod Architecture
  • End Unit
  • Tile Flooring

About This Home

As of November 2021

Wake up to views of the Bay in the cozy loft of one of Provincetown's most special properties. Designed and decorated with impeccable taste this lovely unit at Ship's Bell Condominiums has enjoyed a total renovation including bead board ceilings and walls, built-in sofa/daybed with storage, new kitchen, new bath, freshly painted in June and wool carpeting in the loft. There is a private deck with water views, deeded beach access - swim, kayak or enjoy a day in the sun, assigned parking in front of the unit and a common laundry. The complex runs from Commercial to Bradford with the Provincetown Tennis Club right nearby. Everything you want and love about Provincetown is right here - an easy stroll into town, water views and sea breezes all in a very well run association. Property is connected to the Town sewer system. Buyer assumes sewer betterment. Though current owner has not done so recently, this condo would be a very productive rental property.

Last Agent to Sell the Property

Sue Buerkel

Atlantic Bay Sotheby's Int'l R Listed on: 09/18/2015

Last Buyer's Agent

Bill Farmer

Beachfront Realty License #9014725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1800

Lot Details

  • End Unit
  • No Unit Above or Below
  • Landscaped
  • Sprinkler System
  • Yard

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Shingle Roof
  • Wood Roof
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 265 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 1530531003

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,193

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Frontage Type: Public
  • Ownership: Condo
  • Directions: From Route 6 to Snail Road to right onto Commercial. Left at fork following Commercial to 586 on right. Unit is top left had corner of building. From Bradford, right on Allerton, right on Commercial to 586.
  • Architectural Style: Cape
  • Building Name: Ships Bell
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: 6+ Steps to Entry,Top Level
  • Fireplace: No
  • Flooring: Tile, Carpet

Exterior Features

  • Exterior Features: Yard, Underground Sprinkler
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No One Above, End Unit
  • Construction Type: Clapboard, Shingle Siding
  • Foundation Details: Brick/Mortar, Other
  • Patio And Porch Features: Deck
  • Property Condition: Approximate
  • Roof: Wood, Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Off Street, Driveway
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Landscaping, Trash
  • Association: Yes

Lot Info

  • Zoning: R2
  • Land Lease: No
  • Lot Size Sq Ft: 16552
  • Parcel #: 1530531003
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1800

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2193
  • Tax Book Number: 15866

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
6.27%
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

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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 Type Sale Price Title Company
Condominium Deed $525,000 None Available
Condominium Deed $525,000 None Available
Not Resolvable $349,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,500 Purchase Money Mortgage
Closed $472,500 Purchase Money Mortgage
Previous Owner $279,200 New Conventional
Previous Owner $179,900 No Value Available
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

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21506329

Cape Cod & Islands Association of REALTORS®

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