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Sold for $1,210,000
  • $1,210,000

    481 Commercial Street #U1, Provincetown, MA 02657

    1beds
    1,131sqft
    Condominium
    Built in 1950
    -- sqft lot
    $1,268,200 Zestimate®
    $1,070/sqft
    $2,313 Estimated rent

    Home value

    $1,268,200

    $1.14M - $1.42M

    $2,313/mo

    Zestimate® history
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    What's special

    Gas fireplaceWaterfront cottageRecently upgraded kitchenWater viewsSliding glass doorsPrivacy curtain
    This rarely available, free-standing, waterfront cottage is located in Provincetown's East End Gallery District. The 1,131 SF detached condo provides 1 BR, a large den, 2 full baths, gas fireplace, 1 parking spot, new in-unit washer & dryer, an 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.This six-unit Chandler House Condominium association recently renovated the common deck with stairs to the beach and rebuilt the seawall. Pets are allowed for owners and renters.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.Offered furnished with some exclusions.The 2023 net rental income was $42K and expect $50K in 2024.Seller welcomes offers with requests for buyer concessions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dave Krohn 617-803-4605,

    Gibson Sotheby's International Realty

    Bought with:

    Laura Potenza, 9582361

    Gibson Sotheby's International Realty

    Source: CCIMLS,MLS#: 22403693MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Washer, Refrigerator, Microwave, Electric Water Heater
    Features
    • Flooring: Hardwood, Carpet
    • Number of fireplaces: 1
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,131
    • Total interior livable area: 1,131 sqft

    Property

    Features
    • Stories: 1
    • Entry location: Street Level
    • Has view: Yes
    • Has water view: Yes
    • Water view: Bay/Harbor
    • On waterfront: Yes
    • Waterfront features: Bay
    • Body of water: Provincetown Harbor
    Lot
    • Size: 7,840 Square Feet
    • Features: Bike Path, Public Tennis, In Town Location, Conservation Area
    Details
    • Parcel number: 151241001
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Roof: Pitched
    Condition
    • Approximate
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Common Area, Maintenance Structure, Trash, Landscaping
    • Services included: Reserve Funds, Professional Property Management, Flood Insurance
    • 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: 8/5/2024
    • Cumulative days on market: 161 days
    • Listing terms: Conventional
    • Ownership: Condo
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/18/2024Sold$1,210,000+1.3%$1,070/sqft
    Source: CCIMLS #22403693 Report a problem
    11/9/2024Pending sale$1,195,000$1,057/sqft
    Source: CCIMLS #22403693 Report a problem
    10/9/2024Price change$1,195,000-4%$1,057/sqft
    Source: CCIMLS #22403693 Report a problem
    10/4/2024Price change$1,245,000-3.9%$1,101/sqft
    Source: CCIMLS #22403693 Report a problem
    8/5/2024Listed for sale$1,295,000-13.4%$1,145/sqft
    Source: CCIMLS #22403693 Report a problem
    5/25/2024Listing removed$1,495,000$1,322/sqft
    Source: CCIMLS #22401658 Report a problem
    4/22/2024Listed for sale$1,495,000$1,322/sqft
    Source: CCIMLS #22401658 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: 02657

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,268,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,268,200