C
Seller's Agent in 2023
Christopher Watkins
Lynam Real Estate Agency
(207) 801-0045
7 Total Sales
1023&1025 Main St Mount Desert, ME 04660
Estimated Value: $367,615 - $446,000
4
Beds
2
Baths
2,566
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Scenic Views
- River Nearby
- Wood Flooring
- Mt Desert Elementary School Rated A
- Wooded Lot
- Main Floor Bedroom
About This Home
As of October 2023Investor opportunity. Two 2 bedroom Single Family Residences abutting each other. The properties known as 1023 Main Street and 1025 Main Street are being sold together. On the property are two sheds, potential for one shed to be used as one car garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,241
Year Built
- Built in 1913
Lot Details
- 0.96 Acre Lot
- Rural Setting
- Wooded Lot
- Property is zoned VR1
Parking
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Brick Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- Family Room
- Screened Porch
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Basement
- Brick Basement
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Well
- Gas Water Heater
- Septic System
- Private Sewer
Additional Features
- River Nearby
- Pasture
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Heat pump, Rinnai heater
- Tax Lot 0.36&0.60
- Assessor Parcel Number MTDS-000010-000000-000154
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Sep 28, 2023
Sold by
James Randall Reed Lt and Reed
Bought by
Sargent Thomas and Sargent Jodi
Seller's Agent
Christopher Watkins
Lynam Real Estate Agency
Buyer's Agent
Kristi Jacoby
Legacy Properties Sotheby's International Realty
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
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
-$5,451
Avg. Annual Appreciation
9.05%
Original Mortgage
$540,000
Outstanding Balance
$532,850
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$52,003
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sargent Thomas | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sargent Thomas | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $410,000 | -3.5% | $160 / Sq Ft |
| 09/22/2023 09/22/23 | For Sale | $425,000 | -- | $166 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
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 | $2,554 | $274,600 | $125,800 | $148,800 |
| 2023 | $2,395 | $274,600 | $125,800 | $148,800 |
| 2022 | $2,200 | $273,600 | $124,800 | $148,800 |
| 2021 | $1,815 | $220,000 | $143,500 | $76,500 |
| 2020 | $1,756 | $220,000 | $143,500 | $76,500 |
| 2019 | $1,749 | $220,000 | $143,500 | $76,500 |
| 2018 | $1,687 | $220,000 | $143,500 | $76,500 |
| 2017 | $1,632 | $220,000 | $143,500 | $76,500 |
| 2016 | $1,599 | $220,000 | $143,500 | $76,500 |
| 2015 | $1,564 | $220,000 | $143,500 | $76,500 |
| 2013 | $1,492 | $220,000 | $143,500 | $76,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Kristi Jacoby
Legacy Properties Sotheby's International Realty
(207) 266-0912
64 Total Sales
Map
Source: Maine Listings
MLS Number: 1564090
APN: MTDS-000010-000000-000154
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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