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12 Ships Way

Bourne, MA 02532

2 bd 3 ba 1,518 sqft Built 1974 Lot 262,667 sqft condos
Most recent sale
$385,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2021 Sold $385,000 MLS #22104739
Aug 10, 2021 Listed $399,000 MLS #72878831
May 19, 1999 Sold $148,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $434,500 $434,500 $3,393
2024 $413,500 $413,500 $3,316
2023 $335,500 $335,500 $2,956
2022 $307,700 $307,700 $3,105
2021 $291,500 $291,500 $3,139
2020 $289,300 $289,300 $3,107
2019 $260,200 $260,200 $2,735
2018 $229,600 $229,600 $2,420
2017 $238,800 $238,800 $2,460
2016 $248,500 $248,500 $2,525
2015 $246,700 $246,700 $2,484
2014 $247,400 $247,400 $2,395
2006 $284,700 $284,700 $1,851
2005 $244,500 $244,500 $1,636
2004 $224,000 $224,000 $1,651
2003 $203,600 $203,600 $1,641

Property facts

Year built
1974
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,518 sqft
Lot size
262,667 sqft
ZIP code
02532
City
Bourne
Street
Ships Way
Coordinates
41.74298, -70.60141

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,402
Gross rental yield
13.72%
Implied cap rate
8.92%
Trend-extrapolated value

Frequently asked questions

When did 12 Ships Way last sell?
12 Ships Way most recently sold on Nov 22, 2021 for $385,000.
What is the current tax assessment for 12 Ships Way?
The most recent total assessment for 12 Ships Way (year 2025) is $434,500 with $3,393 in property tax.
How does 12 Ships Way's assessment compare to its last sale price?
The current assessment is 12.9% above the last sale price of $385,000.
When was 12 Ships Way built?
12 Ships Way was built in 1974.
How does 12 Ships Way compare to others on Ships Way?
We track 8 other properties on Ships Way. Browse the list under "Other properties on Ships Way" to compare beds, baths, and sale history.
What are the property facts for 12 Ships Way?
12 Ships Way is a 2 bed, 3 bath, 1,518 sqft, 262,667 sqft lot condos.
Is 12 Ships Way a flip candidate?
No — 12 Ships Way does not appear in our flips dataset.
Is 12 Ships Way a tax-appeal candidate?
No — 12 Ships Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$511.2K
2026 Q4
$509.2K
ZIP 02532 — Median Price History + Forecast

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