NOT LISTED FOR SALE

1 Reef Point Bar Harbor, ME 04609

Estimated Value: $806,000 - $3,656,000

3 Beds
2.5 Baths
1,728 Sq Ft
$1,332/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $2,750,000 $1,591 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $15,006/month

Highlights

  • Ocean Front
  • The property is located in a historic district
  • Main Floor Bedroom
  • Conners-Emerson School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2021

Ideal opportunity to site your oceanfront dream home on Bar Harbor's famous Shorepath while enjoying a completely redesigned summer cottage on the property until building. The charming guest house has been beautifully renovated for fun summer living with a nod to it's origins as the ''tower'' wing of notable landscaper gardener Beatrix Farrand's estate, Reef Point. The location is as perfect as one can get to being ''in town'' Bar Harbor while still enjoying space on the almost two acre lot. Don't wait on this one. Zoned Village Historic/Shoreland Limited Residential.

Last Listed By

Kimberly Swan

Swan Agency Real Estate Listed on: 02/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,800

Year Built

  • Built in 1963

Lot Details

  • 1.95 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Seasonal Access to Property
  • Fenced
  • Level Lot
  • Property is zoned Village Historic

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • 1,728 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Kitchen

  • Dishwasher
  • Granite Countertops
  • Butcher Block Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Location

  • The property is located in a historic district

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number BARH-000105-000000-000042

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,800

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.95
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Frenchman Bay
  • MLS Status: Closed
  • Directions: Main Street in Bar Harbor to Hancock Street. At very end of Hancock, Reef Point is a private road to the left.
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Other Style, Shingle Style
  • Garage Yn: No
  • Year Built: 1963
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.95
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Amenities:Fence: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Historic District: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Roof:RolledHot Mop: Yes
  • View:Scenic: Yes
  • Washer/Dryer Other Location: Yes
  • Style:Shingle Style: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Historic District, Near Town, Other
  • View: Scenic
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84942.0
  • Parcel #: BARH-000105-000000-000042
  • Zoning: Village Historic

Tax Info

  • Tax Annual Amount: 20800.0
  • Tax Book Number: 6876
  • Tax Lot: 42
  • Tax Map Number: 105
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 21, 2018
Sold by
Yelverton Anita I and Fanjul Catherine A
Bought by
Cindy Lee Launer Ret
Seller's Agent
Kimberly Swan
Swan Agency Real Estate
Buyer's Agent
Kimberly Swan
Swan Agency Real Estate
List Price
$3,495,000
Sold Price
$2,215,000
Premium/Discount to List
-$1,280,000
-36.62%
Total Days on Market
0
Current Estimated Value
$2,302,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,258
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Scheerer Jo Anne T
Bought by
Jo A Scheerer Standby Ret

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
Cindy Lee Launer Ret -- --
Jo A Scheerer Standby Ret -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $2,750,000 0.0% $1,591 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $2,750,000 +24.2% $1,591 / Sq Ft
02/21/2018 02/21/18 Sold $2,215,000 -36.6% $1,331 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
05/15/2015 05/15/15 For Sale $3,495,000 -- $2,100 / 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 $26,906 $2,679,900 $2,386,200 $293,700
2023 $31,547 $3,634,500 $3,340,800 $293,700
2022 $28,661 $3,075,200 $2,826,800 $248,400
2021 $27,230 $2,795,700 $2,569,800 $225,900
2020 $20,800 $1,747,900 $1,363,600 $384,300
2019 $20,509 $1,730,700 $1,350,100 $380,600
2018 $20,007 $1,730,700 $1,350,100 $380,600
2017 $18,968 $1,730,700 $1,350,100 $380,600
2016 $18,570 $1,730,700 $1,350,100 $380,600
2015 $16,327 $1,541,700 $1,161,100 $380,600
2014 $15,756 $1,541,700 $1,161,100 $380,600
2012 $15,170 $1,541,700 $1,161,100 $380,600
Source: Public Records

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Source: Maine Listings

MLS Number: 1481780

Maine Listings

APN: BARH-000105-000000-000042