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198 Commercial Street

198 Commercial Street, Provincetown, MA 02657
Commercial in Provincetown
Local assessors in Provincetown, MA have categorized 198 Commercial Street as a commercial type of property. The home was built in 1882 and is 142 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 2,091 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a historical style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 19 rooms in the home. Of these, 17 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 198 Commercial Street has a total of 3,174 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 198 Commercial Street was last sold in Nov 5, 2020 for $1,299,000. According to our calculations, that's $409.26 per sqft. Prior to that sales transaction, the property was sold for $830,000 in Jan 1, 1970. Current property owners are expected to pay $9,607 in taxes per year. The property on 198 Commercial Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,844,000. To break that down further, the land itself was valued at $821,700. While improvements to the property were assessed at a total of $1,022,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1882
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 19
  • Bedroom Count: 17
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,091
  • Total Building Area: 3,174
  • Gross Building Area: 3,174
  • Building Area: 3,174
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,174
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CAPT GOSNOLD VILLAGE CONDO
  • Land Acres: 0.048
  • Standard Land Use Code: Hotel-resort

Ownership

  • Current Owner : 198 COMMERCIAL PROPCO LLC
  • Previous Owner : RANCHWOOD INC
  • Owner Before Previous Owner: ORION RT
  • Owner Before Previous Owner 2: BAYER FREDERICK DEAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Provincetown School District
  • School Tax School District: PROVINCETOWN SD
  • Census Tract: 010100

Zoning

  • Zoning: TCC

Geography

  • Account Number: 10514
  • Parcel: PROV M:11-1 P:18
  • Municipality: PROVINCETOWN
  • Latitude: 42.0489
  • Longitude: -70.1893

    Address

  • Full Address: 198 Commercial St
  • Address - House Number: 198
  • Address - Street Name: Commercial
  • Address - Suffix Type: St
  • State: MA
  • City Name: Provincetown
  • Carrier Code: C003
  • 4-Digit Zip Code: 2117
  • Zip Code: 02657

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,607

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,350,500
  • First Open Lien Mortgage Lender: CAPE COD COOPERATIVE BANK
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $649,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 16, 2050
  • Second Open Lien Mortgage Lender: CAPE & ISLANDS COMMUNITY DEVEL
  • Second Open Lien Mortgage Recording Date: Nov 16, 2020
  • Second Open Lien Mortgage Loan Amount: $401,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Nov 16, 2050
  • Third Open Lien Mortgage Lender: CAPE & ISLANDS COMMUNITY DEVEL
  • Third Open Lien Mortgage Recording Date: Oct 20, 2023
  • Third Open Lien Mortgage Loan Amount: $300,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Oct 20, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,844,000
  • Assessed Land Value: $821,700
  • Assessed Improvements Value: $1,022,300

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11802557469
  • Current Sale Price: $1,299,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 64139
  • Previous Sale Recording Date: Mar 28, 2003
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPE COD COOPERATIVE BANK
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $649,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BK FOR SVGS
  • Previous Mortgage Transaction Date: Mar 28, 2003
  • Previous Mortgage Loan Amount: $581,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Provincetown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,544 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 198 Commercial Street located in?
The 198 Commercial Street is a commercial located in the neighborhood of Provincetown in Provincetown, Provincetown.
What is the average sales price for listings in 198 Commercial Street?
The average sales price for units in 198 Commercial Street is $0 currently.

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