NOT LISTED FOR SALE

785 State Hwy Unit 4 Eastham, MA 02642

Estimated Value: $264,000 - $274,000

1 Bed
1 Bath
240 Sq Ft
$106/mo HOA Fee

Last Sold May 15, 2023

Last sale price $238,000 $992 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,696/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • Cottage
  • Nauset Regional High School Rated A
  • Wood Flooring
  • Cooling Available

About This Home

As of May 2023

Are you feeling priced out of the current real estate market? If so, this seasonal studio-condo at Cranberry Cottages could be the solution. With an array of recent updates including a 30-year roof, insulated windows, AZEK trim and convenient 6x6 storage shed this captivating condo is anything but cookie-cutter. When combined with its low HOA fee ($1270/year) which includes cable, WIFi, rubbish removal, septic, town water, annual pest treatment and lawn care this potential 'gateway' property becomes an enticing value proposition...An expansive 12x15 composite deck w/outside shower introduces the cottage, from which French doors reveal a bright and surprisingly spacious interior with a 9-foot ceiling, a smooth grain wood floor and the endless warmth & character of knotty pine walls. An apartment-size refrigerator is sufficient for longer stays, while window A/C ensures your long-term summer comfort--or simply use the whisper-quiet ceiling fan to cool off. Alternately, a natural gas wall heater keeps things cozy in spring & fall. The reimagined bath now features a tile floor, an updated stall shower and a lovely rosy pink granite vanity. With its excellent rental potential this unit could deliver a significant yearly return on your investment (similar studios on site rent for $800-$900/wk)...A cottage colony for more than 50 years, Cranberry Cottages is festooned with native flora & fauna on 5+ acres. The HOA arranges yearly openings (April 1) and closings (Dec 1) for true peace of mind ownership. Back road access to the popular CC Bike Trail is an added bonus...From its low entry cost and recent updates, to its reasonable HOA fee and excellent rental potential, Cranberry Cottage #4 is worthy of your immediate consideration. Happy condo hunting!

Last Listed By

Doug Macomber

Meadow Marsh Inc License #9042219 Listed on: 04/11/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1955

Lot Details

  • Near Conservation Area
  • No Common Walls
  • Landscaped
  • Yard

HOA Fees

  • $106 Monthly HOA Fees

Home Design

  • Cottage
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 240 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outbuilding

Location

  • Property is near place of worship
  • Property is near shops

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2129D

Community Details

Overview

  • Association fees include reserve funds, sewer
  • 15 Units

Amenities

  • Medical Services
  • Common Area

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,055

Year Built

Built in 1955

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Ownership: Condo
  • Directions: From Route 6 make left into Cranberry Cottages after South Eastham Street. Condo is #4 on right.
  • Building Name: Cranberry Cottages
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cottage
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Gas Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Entry Location: Street Level
  • Fireplace: No
  • Flooring: Wood, Tile

Exterior Features

  • Exterior Features: Outdoor Shower, Yard
  • Lot Features: Bike Path, School, Medical Facility, Major Highway, House of Worship, Cape Cod Rail Trail, Shopping, Conservation Area, West of Route 6
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Shingle Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Actual
  • Roof: Asphalt, Pitched

Utilities

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

Condo/Co-op/Association

  • Amenities: Cable TV, Trash, Landscaping, Common Area
  • Association Fee: 635
  • Association Fee Frequency: Bi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Reserve Funds, Sewer

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: Residential
  • Land Lease: No
  • Parcel #: 2129D
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Building Info

  • Year Built: 1955

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1055
  • Tax Book Number: 18206

Multi Family

  • Number Of Units In Community: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 11, 2023
Sold by
Dowling John P Est
Bought by
Zuerndorfer Carol
Seller's Agent
Doug Macomber
Meadow Marsh Inc
Buyer's Agent
Caroline Zaglio
Robert Paul Properties, Inc.
List Price
$199,000
Sold Price
$238,000
Premium/Discount to List
$39,000
19.6%
Total Days on Market
6
Views
88
Current Estimated Value
$268,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,102
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Feb 10, 2004
Sold by
Janus Int and Grady Kenneth A
Bought by
Dowling John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
5.8%
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
Zuerndorfer Carol $238,000 None Available
Dowling John P $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowling John P $71,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $238,000 +19.6% $992 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $199,000 -- $829 / 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 $1,154 $164,600 $0 $164,600
2023 $1,056 $145,800 $0 $145,800
2022 $980 $114,200 $0 $114,200
2021 $961 $104,700 $0 $104,700
2020 $950 $109,000 $0 $109,000
2019 $950 $115,200 $0 $115,200
2018 $949 $113,600 $0 $113,600
2017 $879 $111,300 $0 $111,300
2016 $789 $106,000 $0 $106,000
2015 $731 $103,000 $0 $103,000
Source: Public Records

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Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22301266

Cape Cod & Islands Association of REALTORS®

APN: EAST-000021-000000-000029D