FREE-STANDING, WATERFRONT COTTAGEThis rarely available, free-standing, waterfront cottage is located in Provincetown’s East End Gallery District. The 1,131 SF condo provides 1 BR, large den, 2 full baths, gas fireplace, 1 parking, in-unit washer & dryer, exclusive deck and an excellent rental history, making it an ideal getaway home or investment.The recently upgraded kitchen extends into the open living & dining area with a fireplace and water views. The large den has a sliding glass doors leading to the 31’ long exclusive deck.Condo fees have proven to be an excellent value as they include on-site concierge-level management, complete rental services, cleanings, flood & master insurance, common electric, water, gardening, maintenance and reserves. This is ideal for owners who want their home managed worry-free.Pets allowed. Offered furnished.The 2023 net rental income was $42K and expect $50K in 2024. Seller welcomes offers with requests for buyer concessions.
Sold for $1,210,000
$1,210,000
481 Commercial St #1, Provincetown, MA 02657
1beds
1,131sqft
Condominium
Built in 1950
-- sqft lot
$1,261,800 Zestimate®
$1,070/sqft
$2,039 Estimated rent
Home value
$1,261,800
$1.14M - $1.40M
$2,039/mo
Zestimate® history
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$8,473/mo
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Zillow last checked:
Listing updated:
Listed by:
David Krohn 617-803-4605,
Gibson Sotheby's International Realty 508-487-2430,
David Krohn 617-803-4605
Bought with:
Laura Potenza
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73228148
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric Baseboard, Electric, Wall Furnace, Propane
Cooling
- Wall Unit(s), Ductless
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
- Laundry: In Unit
Features
- Flooring: Wood, Carpet, Vinyl / VCT
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 1,131
- Total interior livable area: 1,131 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned
- Uncovered spaces: 1
Features
- Entry location: Unit Placement(Street,Walkout)
- Patio & porch: Deck - Wood
- Exterior features: Deck - Wood
- Has view: Yes
- View description: Water, Bay, Harbor, Ocean
- Has water view: Yes
- Water view: Bay,Harbor,Ocean,Water
- Waterfront features: Waterfront, Harbor, Direct Access, Bay, 0 to 1/10 Mile To Beach
Details
- Parcel number: 151241001,3706296
- Zoning: R3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Roof: Rubber
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Amenities included: Hot Water, Garden Area
- Services included: Gas, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $1,268 monthly
Location
- Region: Provincetown
Financial & listing details
- Price per square foot: $1,070/sqft
- Tax assessed value: $1,081,000
- Annual tax amount: $6,031
- Date on market: 9/18/2025
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $1,210,000+1.3%$1,070/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 10/10/2024 | Price change | $1,195,000-4%$1,057/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 10/5/2024 | Price change | $1,245,000-3.9%$1,101/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 8/5/2024 | Listed for sale | $1,295,000-13.4%$1,145/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 5/25/2024 | Listing removed | $1,495,000$1,322/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 4/24/2024 | Listed for sale | $1,495,000+57.5%$1,322/sqft |
Source: MLS PIN #73228148 Report a problem | ||
| 10/6/2021 | Sold | $949,000$839/sqft |
Source:  CCIMLS #22103212 Report a problem | ||
| 6/13/2021 | Contingent | $949,000$839/sqft |
Source: MLS PIN #72845980 Report a problem | ||
| 6/13/2021 | Pending sale | $949,000$839/sqft |
Source: CCIMLS #22103212 Report a problem | ||
| 6/8/2021 | Listed for sale | $949,000+29.1%$839/sqft |
Source: CCIMLS #22103212 Report a problem | ||
| 7/14/2011 | Listing removed | $735,000$650/sqft |
Source: Atlantic Bay Sotheby's Int'l R #21103791 Report a problem | ||
| 5/21/2011 | Listed for sale | $735,000+126.2%$650/sqft |
Source: Atlantic Bay Sotheby's Int'l R #21103791 Report a problem | ||
| 1/8/1999 | Sold | $325,000$287/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,145 +1.9% | $1,097,300 +1.5% |
| 2024 | $6,032 +8.3% | $1,081,000 +16% |
| 2023 | $5,572 -6.7% | $931,800 +10.4% |
| 2022 | $5,975 | $843,900 |
| 2021 | $5,975 +10.2% | $843,900 +3% |
| 2020 | $5,424 -2.7% | $819,300 +3.7% |
| 2019 | $5,576 +4.1% | $789,800 +9.8% |
| 2018 | $5,357 +0.5% | $719,100 +4% |
| 2017 | $5,331 +2.3% | $691,500 +3.5% |
| 2016 | $5,213 | $668,300 |
Find assessor info on the county website
Neighborhood: 02657
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Nearby schools
GreatSchools rating
- 6/10Provincetown SchoolsGrades: PK-8Distance: 0.7 mi
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Estimated market value
$1,261,800
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Estimated market value
$1,261,800
- Massachusetts
- Barnstable County
- Provincetown
- 02657
- 481 Commercial St Unit 1
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