NOT LISTED FOR SALE

8 Central St Unit 1-3 Provincetown, MA 02657

Estimated Value: $2,048,000 - $2,676,000

-- Bed
2 Baths
2,034 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $850,000 $418 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $12,970/month

228 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Level Lot
  • Fenced Yard
  • Bike Trail
  • 4-minute walk to Provincetown Waterfront Memorial Park

About This Home

As of June 2015

Located steps from Commercial Street and the Boatslip, this West End three-family property consists of a five bedroom antique Cape with two one-bedroom freestanding cottages. Owned by the same family for generations, this seven-bedroom property is ideal for restoration as a single family home with two guest cottages or condo conversion. There are monument views from the living room, private yard, and driveway parking for 2 cars in tandem. Buyer to assume sewer betterment. This property is quintessential Provincetown and is awaiting the next chapter in its storied history!

Last Agent to Sell the Property

David Reuther

Kinlin Grover Real Estate Listed on: 10/19/2014

Last Buyer's Agent

Rick Tourgee

Robert Paul Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1850

Lot Details

  • 3,656 Sq Ft Lot
  • Near Conservation Area
  • Fenced Yard
  • Level Lot

Home Design

  • 2,034 Sq Ft Home
  • Brick Foundation
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding
  • Vinyl Siding

Parking

  • Open Parking
  • Off-Street Parking

Location

  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 072098

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Has Basement: Cape Cod
  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Directions: Commercial Street to Central Street. #8 is on the left. Parking available in driveway.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Owner Pays: None
  • Fireplace: No

Exterior Features

  • Fencing: Fenced Yard, Fenced
  • Lot Features: Bike Path, Major Highway, Shopping, In Town Location, Conservation Area, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding, Vinyl/Aluminum
  • Foundation Details: Brick/Mortar
  • Property Condition: Approximate
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street, Unpaved

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: R3
  • Lot Size Sq Ft: 3656
  • Parcel #: 072098
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1850

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5676
  • Tax Book Number: 19147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Jason P Potter T
Bought by
Potter Jason P
Current Estimated Value
$2,310,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Outstanding Balance
$758,877
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,387,275

Purchase Details

Closed on
Nov 28, 2018
Sold by
Potter Jason P
Bought by
Jason P Potter T 1

Purchase Details

Closed on
Aug 13, 2018
Sold by
Burda Aaron
Bought by
Potter Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 19, 2014
Closed on
Jun 5, 2015
Sold by
Marie Jean Lynch Ft
Bought by
Burda Aaron and Potter Jason P
Seller's Agent
David Reuther
Kinlin Grover Real Estate
Buyer's Agent
Rick Tourgee
Robert Paul Properties, Inc.
List Price
$1,249,000
Sold Price
$850,000
Premium/Discount to List
-$399,000
-31.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$645,300
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Ronald Lynch Ret and Lynch
Bought by
Marie Jean Lynch Ft and Lynch
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
Potter Jason P -- None Available
Potter Jason P -- None Available
Jason P Potter T 1 -- --
Jason P Potter T 1 -- --
Potter Jason P -- --
Potter Jason P -- --
Burda Aaron $850,000 --
Marie Jean Lynch Ft -- --
Marie Jean Lynch Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Jason P $848,000
Closed Potter Jason P $848,000
Previous Owner Potter Jason $72,000
Previous Owner Potter Jason P $701,200
Previous Owner Burda Aaron $645,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $850,000 -31.9% $418 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
10/19/2014 10/19/14 For Sale $1,249,000 -- $614 / 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 $9,202 $1,643,300 $798,600 $844,700
2024 $8,855 $1,586,900 $761,000 $825,900
2023 $8,177 $1,367,400 $661,800 $705,600
2022 $7,613 $1,143,100 $618,500 $524,600
2021 $7,207 $1,017,900 $562,300 $455,600
2020 $6,614 $999,100 $566,200 $432,900
2019 $6,733 $953,700 $549,700 $404,000
2018 $6,414 $860,900 $537,000 $323,900
2017 $5,906 $766,000 $472,000 $294,000
2016 $6,476 $830,200 $458,200 $372,000
2015 $5,889 $798,000 $431,900 $366,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Reuther

    Kinlin Grover Real Estate

  • R

    Buyer's Agent in 2015

    Rick Tourgee

    Robert Paul Properties, Inc.

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21409764

Cape Cod & Islands Association of REALTORS®

APN: PROV-000007-000002-000098

Massachusetts Barnstable County Provincetown 02657

8 Central St Unit 1-3, Provincetown, MA

This home is located at 8 Central St Unit 1-3, Provincetown, MA 02657 since 19 October 2014 and is currently estimated at $2,310,776, approximately $1,136 per square foot. This property was built in 1850. 8 Central St Unit 1-3 is a home located in Barnstable County with nearby schools including Provincetown Schools.

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