NOT LISTED FOR SALE

11 Cedar Ln Southwest Harbor, ME 04679

Estimated Value: $504,231 - $839,000

0.14 Acre
$4,559,343 Price per Acre
6,098 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $94,000 $193 Per Sq Ft

Est. 579% increase in value since last sale

Current estimated payment $3,800/month

468 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Cul-De-Sac
  • Pemetic Elementary School Rated A-
  • No HOA
  • 2-minute walk to Playground

About This Lot

As of May 2021

Located on a dead end road and just steps from town ~ what could be better? ~ Part of a neighborhood with other houses and mobile homes, and close to the harbor, too, 11 Cedar Lane could be your next home ~

Last Listed By

Paula Dunbar

Dunbar Real Estate Listed on: 12/29/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,576

Year Built

  • 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Public Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Property is zoned Residential 1

Parking

  • Gravel Driveway

Location

  • Property is near a golf course
  • City Lot

Farming

  • Pasture

Mobile Home

  • Mobile Home Park
  • Mobile Home Allowed

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number SOUR-000006-000000-000110

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Property Details

Property Type

Land

Est. Annual Taxes

$1,576

Year Built

1960

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: This ,14 +/- acre lot is waiting for the house you wish to build. A 22' X 34' square foot poured concrete foundation, is already in place, with town water/town sewer and electric connection on site. Great 1st home, retreat or place to retire!
  • Property Information:Lot Size Acres -: 0.14
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Location:Near Country Club: Yes
  • Utility Info Electric On Site: Yes
  • Site:PastureField: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1960

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Open Lot, Right of Way, Pasture, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, Gravel

Utilities

  • Electric: Underground, On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: SOUR-000006-000000-000110
  • Zoning: Residential 1

Tax Info

  • Tax Annual Amount: 1576.0
  • Tax Book Number: 1871
  • Tax Lot: 110
  • Tax Map Number: 006
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Shipman David
Bought by
Shipman Jeffrey C and Shipman David G
Total Days on Market
468
Current Estimated Value
$638,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Outstanding Balance
$91,049
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,259

Purchase Details

Listed on
Dec 29, 2020
Closed on
May 7, 2021
Sold by
Field Sonia M
Bought by
Shipman David
Seller's Agent
Paula Dunbar
Dunbar Real Estate
Buyer's Agent
David Dodge
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$125,000
Sold Price
$94,000
Premium/Discount to List
-$31,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.43%
Original Mortgage
$70,707
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Shipman Jeffrey C -- None Available
Shipman David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Jeffrey C $92,400
Previous Owner Shipman David $70,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $94,000 -24.8% $193 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
09/25/2019 09/25/19 For Sale $125,000 -- $257 / 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 $3,141 $348,200 $149,700 $198,500
2023 $2,094 $128,800 $89,800 $39,000
2022 $1,398 $95,100 $89,800 $5,300
2021 $1,394 $95,100 $89,800 $5,300
2020 $1,665 $115,700 $89,800 $25,900
2019 $1,614 $115,700 $89,800 $25,900
2018 $1,576 $115,700 $89,800 $25,900
2017 $1,488 $115,700 $89,800 $25,900
2016 $1,488 $115,700 $89,800 $25,900
2015 $1,488 $115,700 $89,800 $25,900
2014 $1,488 $115,700 $89,800 $25,900
2013 $1,488 $115,700 $89,800 $25,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paula Dunbar

    Dunbar Real Estate

    Section Image

  • D

    Buyer's Agent in 2021

    David Dodge

    Better Homes & Gardens Real Estate/The Masiello Group

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Map

Source: Maine Listings

MLS Number: 1434243

Maine Listings

APN: SOUR-000006-000000-000110

Maine Hancock County Southwest Harbor 04679

11 Cedar Ln, Southwest Harbor, ME

Homes for Sale in Southwest Harbor, ME

This home is located at 11 Cedar Ln, Southwest Harbor, ME 04679 since 29 December 2020 and is currently estimated at $638,308, approximately $1,310 per square foot. This property was built in 1960. 11 Cedar Ln is a home located in Hancock County with nearby schools including Pemetic Elementary School and Mt. Desert Island High School.

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