$2,215,000
SOLD FEB 21, 2018

1 Reef Point Bar Harbor, ME 04609

3 Beds
2 Baths
1,664 Sq Ft
2 Acres

Recently Sold

$1,331 Per Sq Ft

37% Below List Price

927 Days on Market

Highlights

  • Additional Residence on Property
  • Deeded Waterfront Access Rights
  • Public Beach
  • Conners-Emerson School Rated A
  • 253 Feet of Waterfront
  • Tennis Courts

About This Home

As of March 2021

Reef Point is one of the few, highly coveted properties on the fabled Shorepath in Bar Harbor, Maine. Known as one of the most desirable locales in the village, this estate offers two 3-bedroom homes, one guest cottage, garage, tennis court and beautiful gardens. The views of Frenchman Bay are spectacular and it is steps to the ocean and a brief stroll to all village amenities. All engineering and survey work has been completed and approvals received to divide the property if desired.

Last Agent to Sell the Property

Kimberly Swan

Portside Real Estate Group Listed on: 07/27/2015

Last Buyer's Agent

Kimberly Swan

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,327

Year Built

  • Built in 1958

Lot Details

  • 2 Acre Lot
  • 253 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland/B

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • Living Room with Fireplace
  • Sink in Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Tennis Courts
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Private Sewer

Additional Features

  • Additional Residence on Property
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,327

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Frenchman Bay
  • MLS Status: Closed
  • Directions: Main Street to Hancock Street, at end of Hancock Street left on Reef Point, then immediate right. No drive-bys please.
  • Above Grade Finished Sq Ft: 1664.0
  • Architectural Style: Ranch
  • Year Built: 1958
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1664.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:Detached: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 253.0
  • Water Info:Water Frontage Owned -: 253.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Laundry Room:Laundry Room: Yes
  • Electric:Fuses: Yes
  • Recreational Water:Beach Rights: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Amenities:Tennis Court: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Roads:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Interior, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Mountain(s), Scenic
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Detached

Utilities

  • Laundry Features: Utility Sink, Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 999999
  • Zoning: Shoreland/B

Tax Info

  • Tax Annual Amount: 16327.0
  • Tax Book Number: 6360
  • Tax Lot: 42
  • Tax Map Number: 105
  • Tax Year: 2016

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
Portside Real Estate Group
Buyer's Agent
Kimberly Swan
Portside Real Estate Group
List Price
$3,495,000
Sold Price
$2,215,000
Premium/Discount to List
-$1,280,000
-36.62%
Current Estimated Value
$2,310,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,994
Avg. Annual Appreciation
1.17%

Purchase Details

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Interfamily Deed Transfer -- --
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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1216876

Maine Listings

APN: BARH-000105-000000-000042