NOT LISTED FOR SALE

1 Navy St Searsport, ME 04974

Estimated Value: $285,000 - $549,961

4 Beds
1 Bath
2,660 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $108,000 $41 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $2,424/month

293 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • 1 Fireplace
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2018

This solidly built older home is in need of TLC but has great possibilities. It is located in a neighborhood of nice homes, and with public access to the beach at the bottom of Navy Street. It is located close to downtown shopping, the library, the maritime museum, and the public landing. The home needs a new furnace and kitchen; the roof is newly shingled with architectural shingles. It is a spacious corner lot, with commercial potential.

Last Agent to Sell the Property

Kathy Loblein

Realty of Maine Listed on: 10/06/2017

Realty of Maine

Last Buyer's Agent

John Gurney

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 1850

Lot Details

  • 0.38 Acre Lot
  • Property Fronts a Bay or Harbor
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned Comm/res

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,660 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number SEAP-000010-000000-000026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,391

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • Water Body Name: Penobscot Bay
  • MLS Status: Closed
  • Directions: Heading north on Route 1, a short distance from downtown to Navy Street. First house on right on Navy Street.
  • Above Grade Finished Sq Ft: 2660.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2660.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Near Town
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: SEAP-000010-000000-000026
  • Zoning: Comm/res

Tax Info

  • Tax Annual Amount: 2391.0
  • Tax Book Number: 2264
  • Tax Lot: 26
  • Tax Map Number: 10
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
R C & Karlin J Wood Ret and Wood
Bought by
Wood Paul C and Wood Belinda G
Current Estimated Value
$391,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$247,072
Interest Rate
6.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$151,418

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 2, 2018
Sold by
Miller Victoria L Est and Loblein
Bought by
Swindell Michael and Swindell Sherian
Seller's Agent
Kathy Loblein
Realty of Maine
Buyer's Agent
John Gurney
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$124,900
Sold Price
$108,000
Premium/Discount to List
-$16,900
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.23%
Original Mortgage
$128,731
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wood Paul C $488,000 None Available
Swindell Michael -- --
Swindell Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Paul C $250,000
Previous Owner Swindell Michael $128,731
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $108,000 -13.5% $41 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
10/06/2017 10/06/17 For Sale $124,900 -- $47 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $3,350 $146,300 $52,300 $94,000
2023 $2,955 $146,300 $52,300 $94,000
2022 $2,824 $146,300 $52,300 $94,000
2021 $2,765 $146,300 $52,300 $94,000
2020 $2,736 $146,300 $52,300 $94,000
2019 $2,379 $128,600 $52,300 $76,300
2018 $2,379 $128,600 $52,300 $76,300
2017 $2,865 $118,400 $42,400 $76,000
2016 $2,830 $118,400 $42,400 $76,000
2015 $2,806 $118,400 $42,400 $76,000
2014 $2,688 $118,400 $42,400 $76,000
2013 $2,546 $118,400 $42,400 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1329006

Maine Listings

APN: SEAP-000010-000000-000026