NOT LISTED FOR SALE

111 Point of Main Dr MacHiasport, ME 04655

Estimated Value: $361,000 - $495,000

10.5 Acres
$42,216 Price per Acre
457,380 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $175,000

Est. 153% increase in value since last sale

Current estimated payment $2,562/month

1,618 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Wooded Lot
  • Pasture
  • Deep Water Access
  • No HOA
  • Near Conservation Area

About This Lot

As of August 2015

111 Point of Main Drive is an enchanting seaside address with jaw dropping ocean views that simulates the magic of island living on the mainland. This 10.5 acre parcel is a PROTECTED PROPERTY of forest and fields that slope gently to the shore of Machias Bay and 300 feet of deep bold ocean front. On July 15, 1981 a Building Permit was issued for 8,000 square feet so, there is already some infrastructure in place ~ a well, septic, undergrd power(not activated),2300 sq ft basement,32' x 44' barn~wrkshop PLUS ~ !

Last Agent to Sell the Property

Pamela Walker

Downeast Properties, Inc. Listed on: 03/16/2011

Co-Listed By

Jeffrey Allen

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Pamela Walker

Acadia Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,576

Lot Details

  • 10.5 Acre Lot
  • 300 Feet of Waterfront
  • Ocean Front
  • Dirt Road
  • Rural Setting
  • Sloped Lot
  • Wooded Lot
  • Property is zoned C Shoreland

Property Views

  • Water
  • Scenic Vista

Farming

  • Pasture

Utilities

  • Natural Gas Not Available
  • Well
  • Private Sewer

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number 111Point of Main DriveMachiasp01409

Community Details

Overview

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

Recreation

  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,576

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 10.5
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Machias Bay
  • Co List Office Phone: 207-374-2321
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.5
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 300.0
  • Recreational Water:Waterfront Deep: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Site:PastureField: Yes
  • Location:Abuts Conservation: Yes
  • Advertising Remarks:Advertising Remarks: 111 Pt of Main Dr is a spectacular oceanside address on coveted Pt of Main in Machiasport.Lot's 10.5 acres of forest & fields slope gently to 300' of bold waterfront w/an elevation that allows sweeping visuals south to Foster & Ram Islands, Libby Island Light, Scabby Islands & the Atlantic Ocean. Infrastructure in place includes a 32' x 44' barn~workshp, a 3200 sq ft basement w/wine cellar,direct vent heater & poured footings for fireplace & heavy wood stove + well, septic & undergrd power-nctivated!
  • Roads:Dirt: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling/Sloping, Pasture/Field, Wooded, Abuts Conservation, Rural
  • View: Scenic
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Other

Utilities

  • Electric: On Site
  • Sewer: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 457380.0
  • Parcel #: 111Point of Main DriveMachiasp01409
  • Zoning: C Shoreland

Tax Info

  • Tax Annual Amount: 2576.0
  • Tax Lot: 09
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Fuller Philip R
Bought by
Jacobsen John G and Pachon-Jacobsen Silvana
Current Estimated Value
$443,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Outstanding Balance
$303,953
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,311
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobsen John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen John G $335,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $175,000 -65.7% --
08/21/2015 08/21/15 Pending -- -- --
03/16/2011 03/16/11 For Sale $510,000 -- --
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 $2,649 $203,750 $82,670 $121,080
2023 $2,393 $189,960 $75,670 $114,290
2022 $2,131 $173,240 $61,360 $111,880
2021 $1,889 $173,340 $61,460 $111,880
2020 $2,167 $173,340 $61,460 $111,880
2019 $2,435 $141,556 $116,480 $25,076
2018 $2,619 $141,556 $116,480 $25,076
2017 $2,477 $141,556 $116,480 $25,076
2016 $2,477 $141,556 $116,480 $25,076
2015 $2,576 $141,556 $116,480 $25,076
2014 $2,576 $141,556 $116,480 $25,076
2013 $2,562 $141,556 $116,480 $25,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1005300

Maine Listings

APN: MCHP-000014-000000-000009