Seller's Agent in 2024
Travis Coffin
Realty of Maine
(207) 667-6464
5 in this area
201 Total Sales
1080 Us Hwy 1 Hancock, ME 04640
Estimated Value: $314,161 - $399,000
--
Bed
2
Baths
1,600
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Clubhouse
- No HOA
- 26 Acre Lot
- Wooded Lot
- Cottage
About This Home
As of February 2024Acreage with 2 small homes & a garage located in Hancock. This large property features 26 acres. The main house offers 2 bedrooms with attached garage, there is a separate 1 bedroom guest house plus another small studio building on the property. The main house is a log home with 1st floor bedroom, 2nd floor loft, a heated mud room, heat pump, ramped entry and attached garage. The guest house is currently rented and offers efficient living. Great investment property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,880
Year Built
- Built in 1985
Lot Details
- 26 Acre Lot
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Gravel Driveway
Home Design
- Cottage
- Bungalow
- Concrete Foundation
- Block Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
- Wood Siding
- Shingle Siding
- Log Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,600 Sq Ft Home
- 1-Story Property
- Views of Woods
- Crawl Space
- Laundry on main level
Flooring
- Carpet
- Laminate
- Vinyl
Accessible Home Design
- Accessible Approach with Ramp
- Level Entry For Accessibility
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Power Generator
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
Additional Features
- Outbuilding
- Pasture
Listing and Financial Details
- Tax Lot 63
- Assessor Parcel Number 1080ushighway1hancock04640
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2023
Closed on
Feb 16, 2024
Sold by
Banks Jill E Est and Edgecomb
Bought by
Jagannathan Ravi and Jagannathan Sophia M
Seller's Agent
Travis Coffin
Realty of Maine
Buyer's Agent
Travis Coffin
Realty of Maine
List Price
$279,000
Sold Price
$279,000
Views
5
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
$77,790
Avg. Annual Appreciation
13.76%
Original Mortgage
$200,000
Outstanding Balance
$197,246
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$146,555
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 |
|---|---|---|---|
| Jagannathan Ravi | $279,000 | None Available | |
| Jagannathan Ravi | $279,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jagannathan Ravi | $200,000 | |
| Closed | Jagannathan Ravi | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $279,000 | 0.0% | $174 / Sq Ft |
| 01/04/2024 01/04/24 | Pending | -- | -- | -- |
| 12/27/2023 12/27/23 | For Sale | $279,000 | -- | $174 / 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 | $2,103 | $179,000 | $65,700 | $113,300 |
| 2023 | $1,880 | $179,000 | $65,700 | $113,300 |
| 2022 | $1,880 | $179,000 | $65,700 | $113,300 |
| 2021 | $1,969 | $179,000 | $65,700 | $113,300 |
| 2019 | $1,776 | $166,000 | $65,700 | $100,300 |
| 2018 | $1,826 | $166,000 | $65,700 | $100,300 |
| 2017 | $1,826 | $166,000 | $65,700 | $100,300 |
| 2016 | $1,837 | $167,000 | $65,700 | $101,300 |
| 2015 | $1,728 | $167,000 | $65,700 | $101,300 |
| 2014 | $1,670 | $167,000 | $65,700 | $101,300 |
| 2013 | $1,683 | $169,100 | $65,700 | $103,400 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Coffin
Map
Source: Maine Listings
MLS Number: 1579578
APN: HANK-000215-000000-000063
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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