NOT LISTED FOR SALE

716 State Hwy Unit 40 Eastham, MA 02642

Estimated Value: $472,000 - $520,000

2 Beds
1 Bath
520 Sq Ft
$267/mo HOA Fee

Last Sold May 31, 2022

Last sale price $345,000 $663 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,285/month

14 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Property fronts a marsh
  • Nauset Regional High School Rated A
  • Cottage
  • Vinyl Flooring

About This Home

As of May 2022

Delight in this Seasonal Cottage on Town Cove in Eastham. This free-standing cottage features 2 bedrooms, a full bath and kitchen along with a living area and spacious 3 season porch. This small Cottage Colony has a shared private dock and beach for owners and their guests to enjoy. This is the perfect spot for fishing, kayaking, boating and relaxing. The location allows for quick access to downtown Orleans in one direction, as well as Eastham's National Seashore and Bay Side beaches in the other. This is truly an amazing spot to create your Cape Cod memories.

Last Listed By

Kerrin LaFrance

Kinlin Grover Compass Listed on: 04/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1957

Lot Details

  • Property fronts a marsh
  • Ocean Front
  • Dirt Road
  • No Common Walls

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2163D

Community Details

Overview

  • Association fees include sewer
  • 11 Units

Recreation

  • Community Beach Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,202

Year Built

Built in 1957

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Dirt
  • Water Body Name: Town Cove
  • Ownership: Condo
  • Directions: Route 6 from the Orleans rotary 7/10's of a mile turn right at Seasonal Sign, bear right down the drive and #40 is the second cottage on the right
  • Building Name: Shore Gardens
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cottage
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Vinyl
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Features: Bedroom 2

Exterior Features

  • Pool Private: No
  • Waterfront Features: Marsh, Salt, Ocean Front
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Property Condition: Actual

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: None
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association Fee: 267
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Sewer

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: RESIDENTIAL
  • Land Lease: No
  • Parcel #: 2163D
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1957

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2202
  • Tax Book Number: 26731

Multi Family

  • Number Of Units In Community: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 31, 2022
Sold by
Joyce Thomas and Joyce Megan
Bought by
716 Statehwy Llc
Seller's Agent
Kerrin LaFrance
Kinlin Grover Compass
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%
Total Days on Market
14
Current Estimated Value
$505,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,970
Avg. Annual Appreciation
12.86%
Original Mortgage
$276,000
Outstanding Balance
$265,607
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,571

Purchase Details

Listed on
May 22, 2012
Closed on
Oct 3, 2012
Sold by
Scanlan Richard and Scanlan Cecilia M
Bought by
Khan Akhtar G
Seller's Agent
Eva Scott
oldCape Sotheby's International Realty
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$239,900
Sold Price
$221,000
Premium/Discount to List
-$18,900
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$0
Interest Rate
3.57%

Purchase Details

Closed on
May 14, 2012
Sold by
Scanlan Cecilia M
Bought by
Scanlan Richard and Scanlan Cecilia M

Purchase Details

Closed on
Jun 22, 2011
Sold by
Scanlan Richard
Bought by
Scanlan Cecilia M

Purchase Details

Closed on
Sep 27, 2006
Sold by
Hyde Edward R
Bought by
Scanlan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2000
Sold by
Leveille Richard E and Leveille Pauline
Bought by
Hyde Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
716 Statehwy Llc -- None Available
Joyce Thomas $345,000 None Available
Khan Akhtar G $221,000 --
Scanlan Richard -- --
Scanlan Cecilia M -- --
Scanlan Richard $260,000 --
Hyde Edward R $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce Thomas $276,000
Previous Owner Scanlan Cecilia $0
Previous Owner Khan Akhtar G $160,000
Previous Owner Scanlan Richard $100,000
Previous Owner Hyde Edward R $50,000
Previous Owner Hyde Edward R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $345,000 +6.2% $663 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $325,000 +47.1% $625 / Sq Ft
10/03/2012 10/03/12 Sold $221,000 -7.9% $345 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $239,900 -- $375 / 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
2024 $2,386 $340,400 $0 $340,400
2023 $2,007 $277,200 $0 $277,200
2022 $2,202 $256,700 $0 $256,700
2021 $2,159 $235,200 $0 $235,200
2020 $2,032 $233,000 $0 $233,000
2019 $1,867 $226,300 $0 $226,300
2018 $1,862 $223,000 $0 $223,000
2017 $1,726 $218,500 $0 $218,500
2016 $1,548 $208,100 $0 $208,100
2015 $1,436 $202,200 $0 $202,200
Source: Public Records

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Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22201534

Cape Cod & Islands Association of REALTORS®

APN: EAST-000021-000000-000063D