7 Commercial Street Unit U8, Provincetown, MA 02657

7 Commercial Street Unit U8 Provincetown MA 02657
Owner Information
Owner 1
Robert F Lenzi Liv Trust
Owner 2
F Lenzi Robert
Owner's Address
878 Oceo Circle S Palm Springs, CA 92264
Market Sale Information
Most recent sale date
6/5/2015
Previous sale date
12/1/2014
Transfer document #
28920-91
Previous transfer document
28538-161
Grantor
Robert F Lenzi
Previous grantor
Peter L Page
Most recent sale price
$1.00
Previous sale price
$1,100,000.00
Site Information
Property ID
5-1-1-6-008
Lot Size
0.34
Use Code
102 - Condominium
Zoning
R1
Building Style
Condo
Number of Rooms
4
Stories
1
Number of Beds
2
Year Built
2008
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1187
Number of Kitchen
1
Gross Living Area
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Hot Water
Roof Cover
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$0.00
Total value
$2,653,500.00
Building value
$2,653,500.00
Estimated tax
$14,859.00
Yard improvement value
$0.00
Certified Mass Appraisal
2003200420052006200720082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property73 Franklin Street Unit U28 Meadow Road Unit U131 Franklin Street Unit U283 Bradford Street Unit U219 Tremont Street Unit U383 Bradford Street Unit U17 Commercial Street Unit U8$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
Address 7 Commercial Street Unit U8 A) 8 Meadow Road Unit U1B) 19 Tremont Street Unit U3C) 31 Franklin Street Unit U2D) 73 Franklin Street Unit U2E) 83 Bradford Street Unit U1F) 83 Bradford Street Unit U2
Photo
Plan
Map
Proximity 0.30.40.50.60.90.9
Last Sold 5/12/20252/7/20251/16/20252/14/20252/18/20255/1/2025
Price $1,370,000$2,040,000$1,245,000$1,500,000$1,520,000$1,420,000
Net Living Area 9451,1461,3961,1301,4601,040
Stories 2.7522.25221
Sale Price/sft $0.00$1449.74$1780.10$891.83$1327.43$1041.10$1365.38
Style CondoCondoCondoCondoCondoCondoCondo
Age 2008200619201986192618121812
Rooms 4447473
Bedrooms 2222222
Full baths 2212232
Half baths 1010000
Gross Living Area
Heating Fuel GasGasElectricOilGasGasOil
Detached Garage
Lot Size 0.345.170.190.190.180.190.19
Roof Cover
AEM Value - Building $2,653,500.00$929,300$1,294,400$1,079,800$911,700$1,536,300$1,254,400
AEM Value - Land $0.00$0$0$0$0$0$0
AEM Value - Other $0.00$0$0$0$600$0$0
AEM Value - Total $2,653,500.00$929,300$1,294,400$1,079,800$912,300$1,536,300$1,254,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Commercial Street Unit U8 6/5/2015 $1 0 Condo 1,187 0.34 2 2-1 -
  Criteria
A 8 Meadow Road Unit U1 5/12/2025 $1,370,000 0.3 Condo 945 5.17 2 2-0
B 19 Tremont Street Unit U3 2/7/2025 $2,040,000 0.4 Condo 1,146 0.19 2 1-1
C 31 Franklin Street Unit U2 1/16/2025 $1,245,000 0.5 Condo 1,396 0.19 2 2-0
D 73 Franklin Street Unit U2 2/14/2025 $1,500,000 0.6 Condo 1,130 0.18 2 2-0
E 83 Bradford Street Unit U1 2/18/2025 $1,520,000 0.9 Condo 1,460 0.19 2 3-0
F 83 Bradford Street Unit U2 5/1/2025 $1,420,000 0.9 Condo 1,040 0.19 2 2-0
Averages 75 days $1,515,833 0.61 --- 1,186 1.02 --- ---  

Estimation of Market Value - $2,480,677

As of today, 05/21/2025, the estimated market value of 7 Commercial Street Unit U8, Provincetown considering the above 6 comparable properties is $2,480,677.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Subject Property25-1/2 Commercial Street4 Commercial Street15-R Province Lands Road8-B Commercial Street Unit U14 Pilgrims Landing9 Province Lands Road8-D Commercial Street Unit UA10 Commercial Street Unit U98-D Commercial Street Unit UB8-B Commercial Street Unit U210 Commercial Street Unit U108-A Commercial Street Unit U38-A Commercial Street Unit U42 Pilgrims Landing7 Commercial Street Unit U81 Pilgrims Landing3 Pilgrims Landing6 Pilgrims Landing6 Commercial Street21 Commercial Street15 Commercial Street23 Commercial Street19 Commercial Street8 Commercial Street2 Commercial Street43719 Commercial Street1 Commercial Street$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Commercial Street Unit U8 6/5/2015 $1 0 Condo 1,187 0.34 2 2-1 -
  Criteria
A 43719 Commercial Street 12/15/2021 $8,150,000 0.0 Mu-Antique 4,019 0.42 6 5-0
B 8-B Commercial Street Unit U1 11/15/2024 $1,050,000 0.0 Condo 658 0.15 1 1-0
C 8-B Commercial Street Unit U2 4/9/2019 $910,000 0.0 Condo 1,114 0.15 2 1-1
D 8-A Commercial Street Unit U3 11/12/2020 $1,325,000 0.0 Condo 915 0.15 2 1-2
E 8-A Commercial Street Unit U4 11/20/2020 $1,199,000 0.0 Condo 1,019 0.15 2 1-1
F 8-D Commercial Street Unit UA 11/26/2013 $100 0.0 Condo 952 0.22 2 2-0
G 8-D Commercial Street Unit UB 8/26/2015 $10 0.0 Condo 1,063 0.22 2 2-0
H 6 Commercial Street 12/1/2021 $1 0.0 New Style 2,162 0.19 3 2-1
I 4 Commercial Street 12/1/2021 $1 0.0 0.19 -
J 10-A Commercial Street 4/27/2023 $1 0.0 Old Style 1,932 0.09 2 3-0
K 15 Commercial Street 12/13/2002 $100 0.1 Guest Hse/Inn 8,754 0.38 8 8-5
L 10 Commercial Street Unit U9 7/16/2001 $410,000 0.1 Condo 945 0.65 2 1-1
M 10 Commercial Street Unit U10 12/15/2004 $765,000 0.1 Condo 841 0.65 2 2-0
N 10 Commercial Street Unit U10.5 6/20/2011 $250,000 0.1 Condo 448 0.65 1 1-0
O 10 Commercial Street Unit U9.5 5/5/1994 $145,000 0.1 Condo 918 0.65 2 1-0
P 10 Commercial Street Unit U11 5/21/2024 $0 0.1 Condo 1,206 0.65 1 1-1
Q 10 Commercial Street Unit U12 9/21/1995 $149,000 0.1 Condo 664 0.65 1 1-0
R 10 Commercial Street Unit U14 9/22/2020 $1,455,000 0.1 Condo 1,037 0.65 2 2-0
S 10 Commercial Street Unit U16 1/10/2025 $2,350,000 0.1 Condo 1,750 0.65 3 2-0
T 1 Commercial Street 12/22/2023 $21,642,020 0.1 Hotel/Motel 63,049 6.03 54 54-4
U 2 Commercial Street 4/28/2014 $1 0.1 Contemporary 6,368 1.6 2 5-0
V 8 Commercial Street 4/10/2015 $10 0.1 Antique 3,081 0.95 2 3-0
W 12 Commercial Street Unit UA1 3/8/1999 $186,000 0.1 Condo 743 1.6 1 1-0
X 12 Commercial Street Unit UA2 6/30/2021 $623,200 0.1 Condo 1,146 1.6 2 2-0
Y 12 Commercial Street Unit UA3 6/30/2021 $693,700 0.1 Condo 576 1.6 1 1-0
Z 12 Commercial Street Unit UA4 6/30/2020 $10 0.1 Condo 743 1.6 1 1-0
- 12 Commercial Street Unit UA5 7/2/2021 $1,025,000 0.1 Condo 1,146 1.6 2 2-0
- 12 Commercial Street Unit UA6 8/4/2023 $749,000 0.1 Condo 576 1.6 1 1-0
- 12 Commercial Street Unit UA7 3/1/2018 $480,000 0.1 Condo 743 1.6 1 1-0
- 12 Commercial Street Unit UA8 2/1/2022 $1 0.1 Condo 1,146 1.6 2 2-0
- 12 Commercial Street Unit UA9 8/26/2024 $515,000 0.1 Condo 576 1.6 1 1-0
- 12 Commercial Street Unit UA10 10/9/2019 $100 0.1 Condo 743 1.6 1 1-0
- 12 Commercial Street Unit UA11 6/24/2002 $100 0.1 Condo 1,146 1.6 2 2-0
- 12 Commercial Street Unit UA12 9/19/2003 $348,000 0.1 Condo 576 1.6 1 1-0
- 12 Commercial Street Unit UA13 9/17/2002 $170,000 0.1 Condo 743 1.6 1 1-0
- 12 Commercial Street Unit UA14 10/2/2017 $595,000 0.1 Condo 1,146 1.6 2 2-0
- 12 Commercial Street Unit UA15 11/2/2022 $838,000 0.1 Condo 576 1.6 1 1-0
- 19 Commercial Street 9/8/2017 $3,239,100 0.1 Colonial 2,525 0.08 3 3-1
- 18 Commercial Street 12/18/2017 $1,285,000 0.1 Antique 1,568 0.12 3 3-0
- 6 Pilgrims Landing 6/4/2021 $3,500,000 0.1 Contemporary 2,462 0.37 3 3-0
- 1 Pilgrims Landing 2/28/2020 $1,615,000 0.1 Antique 3,454 0.3 3 3-0
- 21 Commercial Street 10/5/2018 $2,875,000 0.1 Contemporary 2,510 0.14 4 3-0
- 20-A Commercial Street 3/31/2022 $800,000 0.1 0.22 -
- 52-R Point Street 7/12/2023 $5,350,000 0.1 Contemporary 2,114 0.2 4 3-1
- 23 Commercial Street 12/14/2023 $8,900,000 0.1 Colonial 3,368 0.1 3 3-1
- 2 Pilgrims Landing 12/15/2020 $840,000 0.1 Contemporary 1,814 0.22 2 2-1
- 15-R Province Lands Road 3/4/2010 $1 0.1 0.25 -
- 9 Province Lands Road 11/26/2010 $100 0.1 0.29 -
- 25-1/2 Commercial Street 12/14/2023 $8,900,000 0.1 0.02 -
- 3 Pilgrims Landing 5/2/2024 $4,300,000 0.1 Contemporary 2,728 0.22 3 3-1
- 22 Commercial Street 3/31/2022 $10,980,000 0.1 Guest Hse/Inn 6,491 0.82 20 18-1
- 24 Commercial Street 2/8/1991 $296,000 0.1 Contemporary 1,863 0.1 3 2-0
- 4 Pilgrims Landing 6/17/2024 $1 0.1 0.21 -
Averages 3243 days $1,866,105 0.08 --- 2,757 0.83 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
05-1-001-6-008 7 Commercial Street Unit U8