540-544 Commercial Street, Provincetown, MA 02657

Owner Information
Owner 1
Provincetown Hospitality LLC
Owner 2
Linchris Hotel Corp
Owner's Address
225 Water St STE A-125 Plymouth, MA 02360
Market Sale Information
Most recent sale date
12/29/2000
Previous sale date
1/26/1998
Transfer document #
160247-82090
Previous transfer document
(147300-71525)
Grantor
Surfside Nominee Trust
Previous grantor
Daniel Mesyn
Most recent sale price
$4,225,826.00
Previous sale price
$2,950,000.00
Site Information
Property ID
15-1-84-0
Lot Size
1.16
Use Code
301 - Motels
Zoning
R3
Building Style
Hotel/Motel
Number of Rooms
50
Stories
3
Number of Beds
47
Year Built
1975
Number of full baths
47
Condition
Number of half baths
2
Finished Area
18656
Number of Kitchen
1
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Ww/ Carpet
Solar Hot Water
No
Roof Structure
Flat/Shed
Heating type
Fl/Wall Furnace
Roof Cover
Tar & Gravel
Heating fuel
Electric
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingles
Assessment Information
Fiscal Year
2025
Land Value
$1,754,000.00
Total value
$4,425,900.00
Building value
$2,629,500.00
Estimated tax
$23,103.00
Yard improvement value
$42,400.00
Certified Mass Appraisal
2003200420052006200720082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
540-544 Commercial Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 540-544 Commercial Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $226.51
Style Hotel/Motel
Age 1975
Rooms 50
Bedrooms 47
Full baths 47
Half baths 2
Gross Living Area
Heating Fuel Electric
Detached Garage
Lot Size 1.16
Roof Cover Tar & Gravel
AEM Value - Building $2,629,500.00
AEM Value - Land $1,754,000.00
AEM Value - Other $42,400.00
AEM Value - Total $4,425,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 540-544 Commercial Street 12/29/2000 $4,225,826 0 Hotel/Motel 18,656 1.16 47 47-2 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
Mailing Labels Copy to Clipboard
Subject Property539 Commercial Street Unit U6539 Commercial Street Unit U4539 Commercial Street Unit U7539 Commercial Street Unit U5535-7 Commercial Street Unit U6539 Commercial Street Unit U3535-7 Commercial Street Unit U7535-7 Commercial Street Unit U8535-7 Commercial Street Unit U9535-7 Commercial Street Unit U8A535-7 Commercial Street Unit U5535-7 Commercial Street Unit U2539 Commercial Street Unit U8539 Commercial Street Unit U1535-7 Commercial Street Unit U1523 Commercial Street Unit U1523 Commercial Street Unit U2535-7 Commercial Street Unit U3523 Commercial Street Unit U3541 Commercial Street533 Commercial Street525 Commercial Street529 Commercial Street531 Commercial Street551 Commercial Street540-544 Commercial Street543-545 Commercial Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 540-544 Commercial Street 12/29/2000 $4,225,826 0 Hotel/Motel 18,656 1.16 47 47-2 -
  Criteria
A 538 Commercial Street Unit U12 5/17/1996 $75,500 0.0 Condo 470 0.2 2 1-0
B 538 Commercial Street Unit U1 6/24/2016 $285,000 0.0 Condo 322 0.2 1 1-0
C 538 Commercial Street Unit U2 9/1/2004 $180,000 0.0 Condo 275 0.2 1 1-0
D 538 Commercial Street Unit U3 4/29/2021 $1 0.0 Condo 325 0.2 1 1-0
E 538 Commercial Street Unit U4 3/26/2021 $459,000 0.0 Condo 369 0.2 1 1-0
F 538 Commercial Street Unit U5 12/26/2019 $0 0.0 Condo 268 0.2 1 1-0
G 538 Commercial Street Unit U6 11/14/2022 $1 0.0 Condo 252 0.2 1 1-0
H 538 Commercial Street Unit U7 11/14/2023 $0 0.0 Condo 252 0.2 1 1-0
I 538 Commercial Street Unit U8 5/26/2023 $525,000 0.0 Condo 296 0.2 1 1-0
J 538 Commercial Street Unit U9 9/24/2014 $270,000 0.0 Condo 238 0.2 1 1-0
K 538 Commercial Street Unit U10 10/12/2017 $100 0.0 Condo 245 0.2 1 1-0
L 538 Commercial Street Unit U11 9/24/2014 $1 0.0 Condo 545 0.2 1 1-0
M 538 Commercial Street Unit U14 12/30/2019 $418,500 0.0 Condo 724 0.2 1 1-0
N 245 Bradford Street Unit U1 5/15/1996 $35,000 0.0 Condo 420 0.17 1 1-0
O 245 Bradford Street Unit U2 1/9/1998 $79,000 0.0 Condo 611 0.17 2 1-0
P 245 Bradford Street Unit U3 7/14/2016 $332,500 0.0 Condo 413 0.17 2 1-0
Q 245 Bradford Street Unit U4 10/5/2022 $629,000 0.0 Condo 420 0.17 1 1-0
R 245 Bradford Street Unit U5 12/1/1998 $93,000 0.0 Condo 420 0.17 2 1-0
S 245 Bradford Street Unit U6 5/12/2022 $532,500 0.0 Condo 420 0.17 2 1-0
T 546 Commercial Street 8/30/2023 $1 0.0 Antique 1,655 0.28 3 3-0
U 3 Kendall Lane Unit UA-1 8/14/2023 $1,083,500 0.0 Condo 936 0.22 2 2-0
V 3 Kendall Lane Unit UB-2 1/24/2025 $485,000 0.0 Condo 231 0.22 1 1-0
W 3 Kendall Lane Unit UB-3 3/16/2021 $965,000 0.0 Condo 1,768 0.22 2 2-0
X 3 Kendall Lane Unit UB-4 3/26/2021 $535,000 0.0 Condo 433 0.22 1 1-0
Y 543-545 Commercial Street 12/29/2000 $4,225,826 0.0 Guest Hse/Inn 18,205 0.35 41 41-0
Z 536 Commercial Street Unit U1 4/26/2023 $569,000 0.0 Condo 465 0.15 1 1-0
- 536 Commercial Street Unit U2 1/12/2023 $1 0.0 Condo 1,405 0.15 1 1-1
- 536 Commercial Street Unit U3 5/18/2023 $699,000 0.0 Condo 1,114 0.15 1 1-0
- 252 Bradford Street 10/27/2017 $0 0.0 Old Style 1,290 0.09 3 1-0
- 0 Kendall Lane-Foot $0 0.0 0.01 -
- 541 Commercial Street 12/10/2014 $1 0.0 Antique 1,052 0.06 2 1-1
- 243 Bradford Street 9/18/2015 $1 0.0 Cape 792 0.08 3 1-0
- 552 Commercial Street 12/27/1996 $240,000 0.0 Old Style 1,604 0.23 3 2-0
- 256 Bradford Street 4/6/2020 $10 0.0 Old Style 1,365 0.14 4 1-1
- 246 Bradford Street 10/4/2010 $1 0.0 Antique 1,462 0.12 4 2-0
- 551 Commercial Street 9/20/2023 $4,035,000 0.0 Antique 2,620 0.16 3 2-1
- 539 Commercial Street Unit U1 4/19/2001 $661,000 0.0 Condo C/I/M 3,618 0.14 0 0-2
- 539 Commercial Street Unit U3 9/29/2022 $900,000 0.0 Condo 999 0.14 3 2-0
- 539 Commercial Street Unit U4 4/14/2017 $285,000 0.0 Condo 345 0.14 1 1-0
- 539 Commercial Street Unit U5 10/8/2004 $1 0.0 Condo 407 0.14 1 1-0
- 539 Commercial Street Unit U6 11/15/2024 $495,000 0.0 Condo 306 0.14 1 1-0
- 539 Commercial Street Unit U7 11/30/2023 $588,000 0.0 Condo 346 0.14 1 1-0
- 539 Commercial Street Unit U8 4/10/2024 $1 0.0 Condo 839 0.14 2 2-0
- 259 Bradford Street 7/17/2018 $795,000 0.0 Antique 1,408 0.08 3 2-0
- 254 Bradford Street 4/27/2022 $1,855,000 0.0 Antique 2,204 0.16 4 2-0
- 241 Bradford Street 12/31/1990 $1 0.0 Warehouse 10,600 0.17 0 0-0
- 250 Bradford Street 3/9/2021 $0 0.0 Old Style 2,418 0.16 2 2-0
- 534 Commercial Street 7/15/2011 $910,000 0.0 Antique 1,911 0.12 4 2-1
- 258 Bradford Street 10/17/2005 $365,000 0.0 Antique 1,473 0.16 4 2-0
- 248 Bradford Street 9/27/2011 $10 0.1 Antique 1,102 0.17 3 1-1
- 554 Commercial Street 8/21/2024 $0 0.1 Old Style 1,998 0.26 4 2-0
- 252-A Bradford Street 11/1/2016 $0 0.1 Cottage/Bung 310 0.07 1 1-0
- 261 Bradford Street 10/16/2009 $575,000 0.1 Contemporary 1,480 0.07 3 1-1
- 535-7 Commercial Street Unit U1 6/18/2015 $10 0.1 Condo 966 0.26 3 2-0
- 535-7 Commercial Street Unit U2 9/9/2024 $10 0.1 Condo 1,002 0.26 1 2-0
- 535-7 Commercial Street Unit U3 9/12/2012 $790,000 0.1 Condo 1,451 0.26 2 2-0
- 535-7 Commercial Street Unit U5 7/31/2019 $812,270 0.1 Condo 906 0.26 2 1-0
- 535-7 Commercial Street Unit U6 6/2/1983 $35,000 0.1 Condo 425 0.26 1 1-0
- 535-7 Commercial Street Unit U7 7/30/2021 $899,000 0.1 Condo 500 0.26 1 1-0
- 535-7 Commercial Street Unit U8 6/9/2025 $950,000 0.1 Condo 695 0.26 2 1-0
- 535-7 Commercial Street Unit U9 11/20/2017 $750,000 0.1 Condo 700 0.26 1 1-0
- 535-7 Commercial Street Unit U8A 3/19/2007 $564,000 0.1 Condo 695 0.26 2 1-0
- 242 Bradford Street Unit U1 10/21/2015 $0 0.1 Condo 851 0.09 1 1-0
- 242 Bradford Street Unit U2 10/21/2015 $0 0.1 Condo 781 0.09 2 1-0
- 242 Bradford Street Unit U3 10/21/2015 $0 0.1 Condo 312 0.09 1 1-0
- 8 Hancock Street 4/10/1990 $1 0.1 Old Style 504 0.03 1 1-0
- 10 Hancock Street 4/21/1994 $1 0.1 0.02 -
- 239 Bradford Street 10/24/2003 $445,000 0.1 Colonial 880 0.06 2 2-0
- 246-A Bradford Street 10/4/2010 $1 0.1 0.19 -
- 532 Commercial Street 12/11/2023 $10 0.1 Antique 1,244 0.06 3 2-0
- 553 Commercial Street Unit UA 9/22/2022 $3,600,000 0.1 Condo 2,006 0.21 2 2-0
- 553 Commercial Street Unit UB 10/2/2020 $1,275,000 0.1 Condo 1,220 0.21 2 1-1
- 555 Commercial Street Unit UC 3/14/2011 $1 0.1 Condo 1,378 0.21 2 2-0
- 555 Commercial Street Unit UD 4/12/2024 $2,495,000 0.1 Condo 1,364 0.21 2 2-0
- 244 Bradford Street Unit U1 4/9/2024 $1 0.1 Condo 1,457 0.22 3 2-0
- 244 Bradford Street Unit U2 11/22/2022 $0 0.1 Condo 1,518 0.22 3 2-0
- 260 Bradford Street 4/26/2004 $70,000 0.1 Antique 1,260 0.15 2 1-0
- 556 Commercial Street 1/5/1996 $1 0.1 Old Style 2,557 0.15 3 2-1
- 263-A Bradford Street 1/5/1996 $1 0.1 Cottage/Bung 416 0.07 1 1-0
- 262 Bradford Street 7/17/2018 $100 0.1 Old Style 1,616 0.05 3 2-0
- 263 Bradford Street 8/18/2006 $0 0.1 Cape 2,012 0.15 2 2-1
- 533 Commercial Street 9/16/2021 $1 0.1 Colonial 2,120 0.09 2 2-1
- 258-A Bradford Street Unit U1 9/1/2017 $1,334,000 0.1 Condo 2,143 0.39 3 1-1
- 258-A Bradford Street Unit U2 1/21/2011 $365,000 0.1 Condo 795 0.39 2 1-0
- 258-A Bradford Street Unit U3 11/22/2010 $365,000 0.1 Condo 795 0.39 2 1-0
- 258-A Bradford Street Unit U4 10/21/2024 $2,299,000 0.1 Condo 2,086 0.39 2 3-1
- 240-1/2 Bradford Street 2/20/2025 $1,689,000 0.1 Cape 1,167 0.1 2 1-1
- 235-7 Bradford Street Unit U1 10/8/2014 $254,000 0.1 Condo 861 0.19 2 2-0
- 235-7 Bradford Street Unit U2 6/25/2013 $260,000 0.1 Condo 305 0.19 1 1-0
- 235-7 Bradford Street Unit U3 12/18/2020 $109,500 0.1 Condo 309 0.19 1 1-0
- 235-7 Bradford Street Unit U4 5/20/1994 $89,000 0.1 Condo 522 0.19 1 1-0
- 235-7 Bradford Street Unit U5 8/17/2017 $1 0.1 Condo 1,096 0.19 3 1-0
- 528 Commercial Street 3/5/2001 $100 0.1 Antique 2,207 0.19 3 2-0
- 555-1/2 Commercial Street 1/5/1996 $1 0.1 0.02 -
- 33 Hancock Street 4/19/2019 $0 0.1 Cape 1,873 0.18 3 2-0
- 18 Atkins Mayo Road 10/23/2018 $100 0.1 New Style 1,772 0.19 1 3-0
- 531 Commercial Street 12/18/2020 $100 0.1 Colonial 3,234 0.1 3 3-1
- 558 Commercial Street Unit UA 2/21/2002 $1 0.1 Condo 1,728 0.28 2 3-0
- 558 Commercial Street Unit UB 6/11/2002 $733,000 0.1 Condo 1,782 0.28 2 2-1
- 267 Bradford Street 10/23/1998 $288,900 0.1 Cape 1,800 0.11 3 1-1
- 557 Commercial Street Unit U1 10/6/1997 $585,000 0.1 Condo 2,165 0.15 3 3-0
- 557 Commercial Street Unit U2 5/12/2022 $1 0.1 Condo 1,690 0.15 2 2-0
- 524 Commercial Street 12/13/2022 $3,595,000 0.1 Antique 2,491 0.09 3 3-1
- 529 Commercial Street 3/18/2022 $100 0.1 New Style 2,105 0.09 2 2-0
- 240 Bradford Street Unit U1 11/15/2012 $355,000 0.1 Condo 731 0.23 2 1-0
- 240 Bradford Street Unit U2 3/18/2011 $271,000 0.1 Condo 739 0.23 1 1-0
- 240 Bradford Street Unit U3 8/18/2017 $738,000 0.1 Condo 1,588 0.23 1 1-2
- 560 Commercial Street 2/18/2000 $1 0.1 Old Style 2,288 0.27 5 2-0
- 34 Hancock Street 10/6/2020 $1,470,000 0.1 Cape 2,044 0.1 3 3-0
- 30 Atkins Mayo Road 9/25/2001 $1 0.1 Old Style 3,052 0.58 4 2-1
- 525 Commercial Street 8/9/2012 $1,250,000 0.1 Antique 2,342 0.2 2 2-0
- 561 Commercial Street 11/14/1989 $1 0.1 Antique 1,972 0.11 2 1-1
- 238 Bradford Street 4/25/2001 $550,000 0.1 Theater(Encl) 5,552 0.44 0 0-2
- 269 Bradford Street 2/4/2015 $346,750 0.1 Pottage 360 0.12 1 1-0
- 562 Commercial Street 4/10/2024 $100 0.1 Antique 2,196 0.13 6 3-1
- 233 Bradford Street Unit U1 6/19/2015 $228,000 0.1 Condo 327 0.14 1 1-0
- 233 Bradford Street Unit U2 1/26/2024 $523,000 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U3 5/2/2012 $242,400 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U4 12/2/2016 $240,000 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U5 8/31/2018 $224,000 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U6 10/20/2023 $600,000 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U7 10/23/2024 $685,000 0.1 Condo 365 0.14 1 1-0
- 233 Bradford Street Unit U8 11/1/2011 $182,000 0.1 Condo 276 0.14 1 1-0
- 233 Bradford Street Unit U9 10/26/2018 $504,500 0.1 Condo 604 0.14 2 1-0
- 233 Bradford Street Unit U10 9/22/2016 $266,000 0.1 Condo 625 0.14 1 1-1
- 21 Atkins Mayo Road 12/7/1992 $100 0.1 Old Style 3,158 0.73 4 3-0
- 262-A Bradford Street Unit U1 11/8/2017 $682,500 0.1 Condo 860 0.54 1 2-1
- 262-A Bradford Street Unit U2 1/27/2012 $304,000 0.1 Condo 490 0.54 1 1-0
- 262-A Bradford Street Unit U3 10/6/2017 $10 0.1 Condo 248 0.54 1 1-0
- 262-A Bradford Street Unit U4 12/6/1991 $60,000 0.1 Condo 248 0.54 1 1-0
- 262-A Bradford Street Unit U5 6/30/2025 $700,000 0.1 Condo 344 0.54 1 1-0
- 262-A Bradford Street Unit U6 5/18/2018 $560,001 0.1 Condo 492 0.54 2 1-0
- 563-A Commercial Street 2/18/2000 $1 0.1 0.01 -
- 520 Commercial Street 9/13/2021 $1 0.1 Antique 1,269 0.05 2 2-0
- 563-B Commercial Street 4/10/2024 $100 0.1 0.01 -
- 240-1/2 Bradford Street Unit R 3/26/1974 $1 0.1 0.06 -
- 563-C Commercial Street 7/10/1996 $10 0.1 0.01 -
- 523 Commercial Street Unit U1 6/24/2011 $926,500 0.1 Condo 2,208 0.18 3 2-1
- 523 Commercial Street Unit U2 7/6/2001 $1 0.1 Condo 1,065 0.18 2 2-0
- 523 Commercial Street Unit U3 10/8/2021 $2,000,000 0.1 Condo 1,703 0.18 2 2-1
- 523 Commercial Street Unit U4 2/16/2016 $360,000 0.1 Condo 510 0.18 1 1-0
- 269-A Bradford Street 5/16/2011 $100 0.1 Cape 2,357 0.14 2 3-0
- 564 Commercial Street 7/10/1996 $10 0.1 Antique 1,889 0.1 4 2-2
- 3 Atkins Lane 5/12/2006 $750,000 0.1 Antique 1,442 0.05 3 1-1
- 231 Bradford Street 10/17/2013 $491,500 0.1 Antique 1,050 0.07 3 1-1
- 518 Commercial Street 9/21/2020 $1,267,500 0.1 Antique 1,404 0.05 3 2-0
- 565 Commercial Street 3/24/1998 $1 0.1 Old Style 3,143 0.08 5 3-2
- 521 Commercial Street Unit U1 11/20/2023 $10 0.1 Condo 250 0.05 1 1-0
- 521 Commercial Street Unit U2 2/20/2002 $10 0.1 Condo 980 0.05 2 2-0
- 521 Commercial Street Unit U3 9/27/1996 $169,000 0.1 Condo 715 0.05 1 2-0
- 521 Commercial Street Unit U4 5/7/2021 $470,000 0.1 Condo 420 0.05 1 1-0
- 566 Commercial Street Unit UA 8/31/2018 $800,000 0.1 Condo 1,021 0.29 2 2-1
- 566 Commercial Street Unit UB 2/11/2015 $1 0.1 Condo 853 0.29 2 2-0
- 566 Commercial Street Unit UC 6/4/2024 $1 0.1 Condo 1,262 0.29 2 2-0
- 566 Commercial Street Unit UD 5/2/2007 $100 0.1 Condo 929 0.29 2 2-0
- 566 Commercial Street Unit P1 6/10/2013 $22,000 0.1 0.29 0 0-0
- 566 Commercial Street Unit P3 12/15/2020 $55,000 0.1 0.29 0 0-0
- 566 Commercial Street Unit P5 3/17/2014 $10 0.1 0.29 0 0-0
- 230 Bradford Street 1/17/2003 $143,000 0.1 Antique 1,458 0.15 4 2-0
- 521-A Commercial Street 4/25/2016 $1,356,666 0.1 Old Style 914 0.04 2 1-1
- 44 Atkins Mayo Road 9/25/2001 $1 0.1 Contemporary 1,188 0.59 3 2-0
- 4 Atkins Lane 3/24/2020 $891,000 0.1 Old Style 1,326 0.05 3 3-0
- 516 Commercial Street 5/29/1980 $100 0.1 Antique 1,334 0.08 2 2-0
- 0 Atkins Lane-Foot $0 0.1 0.01 -
- 571 Commercial Street 10/27/2023 $1 0.1 Antique 2,757 0.13 5 3-1
- 274 Bradford Street 8/31/1989 $0 0.1 Old Style 1,470 0.08 3 1-0
- 7 Anthony Street 10/7/2014 $675,000 0.1 Antique 1,610 0.09 4 1-1
- 570 Commercial Street 5/22/1990 $100 0.1 Mu-Antique 4,577 0.23 17 4-2
- 230-A Bradford Street 6/19/2020 $678,000 0.1 Pottage 768 0.12 2 1-0
- 5 Anthony Street 11/14/2000 $1 0.1 Antique 2,370 0.07 3 2-0
- 514 Commercial Street $0 0.1 Fire Station 1,224 0.02 0 1-0
- 228 Bradford Street 11/7/2023 $0 0.1 Antique 1,608 0.19 3 1-1
- 573 Commercial Street 5/22/1990 $100 0.1 0.07 -
- 2 Duncan Lane 3/22/1995 $151,000 0.1 Old Style 931 0.11 2 1-0
- 226 Bradford Street 5/10/2002 $515,000 0.1 Antique 1,512 0.09 2 2-1
Averages 4751 days $408,782 0.07 --- 1,265 0.18 --- ---  
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
15-1-084 540-544 Commercial Street