NOT LISTED FOR SALE

1178 Castine Rd Penobscot, ME 04476

Estimated Value: $607,000 - $868,000

5 Beds
2.5 Baths
2,242 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $320,000 $143 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,436/month

299 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 276 Feet of Waterfront
  • Deck
  • Penobscot Elementary School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of April 2018

New shingled roofs on house and garage with new trim paint. Classic shake style 5 bedroom oceanfront Cape on 3.07 acres overlooking directly into scenic Penobscot Bay with 276 feet of water frontage. 2 bedrooms downstairs, 3 bedrooms upstairs and 2 baths. Turn the fixer-upper cottage on property into a guest cottage or studio. 30x60 workshop with front office/store. 2 car detached garage with attached workshop. Massive lawn to the edge of the water. Your private stone steps to the ocean. Relax on the deck or in sun-room to watch the incredible sunsets! Oak floors in Dining, Living, and Family Rooms. Plenty of lawn for fun and your private stone steps to the ocean. Enjoy and relax as you take in the ocean views.

Last Listed By

Gary Jordan

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/23/2017

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1983

Lot Details

  • 3.07 Acre Lot
  • 276 Feet of Waterfront
  • Ocean Front
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,242 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Sink in Utility Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Butcher Block Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access
  • Property Near A Cove
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Wood
  • Radiant Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Internet Available
  • Satellite Dish

Additional Features

  • Air Exchanger
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 1178castineroadpenobscot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,545

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.07
  • Road Surface Type: Paved
  • Water Body Name: Penoscot
  • MLS Status: Closed
  • Directions: From the intersection of Route 1 and Route 175 in Bucksport, travel south on Route 175. Turn right onto Castine Road, travel 8.5 miles. Home is on right.
  • Above Grade Finished Sq Ft: 2242.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2242.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:FHA Certification2: No
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 276.0
  • Water Info:Water Frontage Owned -: 276.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • View:Fields: Yes
  • View:Mountain(s): Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Water Heater:Tank: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Equipment:Central Vacuum: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Green Features:Air Exchanger: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Rural
  • View: Fields, Mountain(s), Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Utility Sink, Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Radiant, Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 133729.2
  • Parcel #: 1178castineroadpenobscot
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4545.0
  • Tax Book Number: 2724
  • Tax Lot: 50
  • Tax Map Number: 06
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Apr 27, 2018
Sold by
Ruby L Fowler T
Bought by
Chernosky Joseph V and Chernosky Margaret S
Seller's Agent
Gary Jordan
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Gary Jordan
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$445,900
Sold Price
$320,000
Premium/Discount to List
-$125,900
-28.24%
Total Days on Market
299
Current Estimated Value
$725,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,011
Avg. Annual Appreciation
13.61%
Original Mortgage
$288,000
Outstanding Balance
$252,894
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$532,616

Range of Values:

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Average Value
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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
Chernosky Joseph V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chernosky Joseph V $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $320,000 -28.2% $143 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
05/23/2017 05/23/17 For Sale $445,900 -- $199 / 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
2023 $4,997 $478,200 $248,900 $229,300
2022 $4,740 $415,800 $216,400 $199,400
2021 $4,491 $415,800 $216,400 $199,400
2020 $4,324 $415,800 $216,400 $199,400
2019 $4,387 $415,800 $216,400 $199,400
2018 $8,325 $415,800 $216,400 $199,400
2017 $4,948 $415,800 $216,400 $199,400
2016 $4,740 $415,800 $216,400 $199,400
2014 $4,504 $461,900 $240,400 $221,500
2013 $4,203 $461,900 $240,400 $221,500
Source: Public Records

Agents Affiliated with this Home

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APN: PNBS-000006-000000-000050