Seller's Agent in 2021
Josh Shelton
Better Homes & Gardens Real Estate/The Masiello Group
(207) 266-9125
99 Total Sales
1 Bloomfield Rd Bar Harbor, ME 04609
Estimated Value: $1,577,000
--
Bed
8
Baths
7,160
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Colonial Architecture
- Air Conditioning
- Conners-Emerson School Rated A
- No HOA
- Zoned Heating
About This Home
As of September 2021Invest in Bar Harbor and take advantage of the blazing hot rental market. The property offers 4 fully furnished units with 11 bedrooms and 8 bathrooms total across two structures and plenty of off street parking. All together the property sleeps up to 30 people a night during the summer months and they're occupied over the winter to keep the cash flow coming in. Tons of new updates to the property inside and out with many new furnishing upgrades as well. The location backs up to Acadia National Park and offers close proximity to downtown Bar Harbor without all the people and noise. Lots of outdoor seating areas for guests to enjoy and with the house separate from the other three units this would be ideal for a 1-4 owner occupy where the remaining rentals would pay the mortgage and some. Inquire today to see if Summertime Cottages is the property that you have been looking for.
Last Listed By
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joshshelton@masiello.com Listed on: 06/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,743
Year Built
- Built in 1990
Lot Details
- 0.44 Acre Lot
- Level Lot
Home Design
- 7,160 Sq Ft Home
- Colonial Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Vinyl Siding
- Clapboard
Flooring
- Carpet
- Laminate
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Location
- Property is near a golf course
- City Lot
Utilities
- Air Conditioning
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
Additional Features
- 8 Full Bathrooms
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 1bloomfieldroadbarharbor04609
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $85,000
- Gross Income $205,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2021
Closed on
Sep 13, 2021
Sold by
Rouhana & Karki Llc
Bought by
College Of The Atlantic
Seller's Agent
Josh Shelton
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Susan Ferrante-Collier
The Knowles Company
List Price
$1,599,000
Sold Price
$1,599,000
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,000
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| College Of The Atlantic | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rouhana & Karki Llc | $269,629 | |
| Previous Owner | Rouhana & Karki Llc | $156,607 | |
| Previous Owner | Rouhana & Karki Llc | $54,500 | |
| Previous Owner | Rouhana & Karki Llc | $656,250 | |
| Previous Owner | Rouhana & Karki Llc | $200,000 | |
| Previous Owner | Callahan Neil E | $425,000 | |
| Previous Owner | Callahan Sonja H | $40,000 | |
| Previous Owner | Callahan Sonja H | $20,000 | |
| Previous Owner | Callahan Neil E | $10,000 | |
| Previous Owner | Callahan Neil E | $230,000 | |
| Previous Owner | Callahan Neil E | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $1,599,000 | 0.0% | $223 / Sq Ft |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 06/30/2021 06/30/21 | For Sale | $1,599,000 | +33.9% | $223 / Sq Ft |
| 05/11/2017 05/11/17 | Sold | $1,194,000 | -0.1% | $167 / Sq Ft |
| 02/01/2017 02/01/17 | Pending | -- | -- | -- |
| 06/27/2016 06/27/16 | For Sale | $1,195,000 | -- | $167 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,743 | $968,300 | $293,300 | $675,000 |
| 2023 | $6,743 | $968,300 | $293,300 | $675,000 |
| 2022 | $0 | $819,400 | $248,200 | $571,200 |
| 2021 | $0 | $744,800 | $225,600 | $519,200 |
| 2020 | $6,743 | $566,600 | $97,000 | $469,600 |
| 2019 | $6,618 | $558,500 | $96,000 | $462,500 |
| 2018 | $6,456 | $558,500 | $96,000 | $462,500 |
| 2017 | $6,121 | $558,500 | $96,000 | $462,500 |
| 2016 | $5,993 | $558,500 | $96,000 | $462,500 |
| 2015 | $5,915 | $558,500 | $96,000 | $462,500 |
| 2014 | $5,708 | $558,500 | $96,000 | $462,500 |
| 2012 | $5,496 | $558,500 | $96,000 | $462,500 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Shelton
-
Susan Ferrante-Collier
Buyer's Agent in 2021
Susan Ferrante-Collier
The Knowles Company
(207) 266-9424
60 Total Sales
-
Jon Hubbard
J
Seller's Agent in 2017
Jon Hubbard
Eden Realty
(207) 460-4786
20 Total Sales
Map
Source: Maine Listings
MLS Number: 1498736
APN: BARH-000101-000000-000018
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