NOT LISTED FOR SALE

120 Pendleton Point Rd Islesboro, ME 04848

Estimated Value: $168,000 - $383,000

2 Beds
1 Bath
2,470 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $165,000 $67 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,356/month

Highlights

  • Country Club
  • Wood Flooring
  • No HOA
  • Islesboro Central School Rated 9+
  • Main Floor Bedroom
  • Home Office

About This Home

As of December 2024

This property was originally an icehouse in 1934, then a gas station, later on a restaurant before it was turned into a store with a livable space in the early 2000 and it is now ready for its next chapter. Centrally positioned on the island, this lot has a well and septic in place and the land is mostly level and cleared. Seller will need time to move. Buyers need to provide proof of funds or a pre-qualification letter.

Last Agent to Sell the Property

Virginia Hess

Cates Real Estate Brokerage Email: info@catesre.com Listed on: 09/02/2024

Last Buyer's Agent

Virginia Hess

LandVest, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1934

Lot Details

  • 0.6 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,470 Sq Ft Home
  • Living Room
  • Home Office
  • Library
  • Wood Flooring

Kitchen

  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number ISBR-000017-000000-000028

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,917

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • MLS Status: Closed
  • Directions: From Ferry Rd turn right onto Mill Creek Rd. Follow Mill Creek Rd until it intersects with Pendleton Point Rd. Turn right onto Pendleton Point Rd. Property will be on the left, sign out front.
  • Above Grade Finished Sq Ft: 2470.0
  • Architectural Style: Shingle Style
  • Garage Yn: No
  • Year Built: 1934
  • Attribution Contact: info@catesre.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 70.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2470.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Location:Near Country Club: Yes
  • Library:Library: Yes
  • Style:Shingle Style: Yes
  • Appliances Included:Trash Compactor: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This property was originally an icehouse in 1934, then a gas station, later on a restaurant before it was turned into a store with a livable space in the early 2000 and it is now ready for its next chapter. Centrally positioned on the island, this lot has a well and septic in place and the land is mostly level and cleared. Seller will need time to move. Buyers need to provide proof of funds or a pre-qualification letter. FMI contact Virginia Hess | Cates Real Estate | 401-222-9583 | ginnie@catesre.com | www.catesre.com
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Shopping, Rural
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: ISBR-000017-000000-000028
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1917.0
  • Tax Lot: 28
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
Dec 2, 2024
Sold by
Spencer Debra A Est and Tigges
Bought by
Clayton Builders Llc
Seller's Agent
Virginia Hess
Cates Real Estate
Buyer's Agent
Virginia Hess
LandVest, Inc.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Views
1
Current Estimated Value
$227,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,670
Avg. Annual Appreciation
30.48%
Original Mortgage
$110,000
Outstanding Balance
$109,075
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,595
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Clayton Builders Llc $165,000 None Available
Clayton Builders Llc $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Builders Llc $110,000
Closed Clayton Builders Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $165,000 -5.7% $67 / Sq Ft
09/02/2024 09/02/24 For Sale $175,000 -- $71 / Sq Ft
Source: Maine Listings

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 $2,074 $174,300 $58,100 $116,200
2023 $1,917 $174,300 $58,100 $116,200
2022 $2,032 $112,900 $35,900 $77,000
2021 $1,993 $112,900 $35,900 $77,000
2020 $1,919 $112,900 $35,900 $77,000
2019 $1,880 $112,900 $35,900 $77,000
2018 $2,678 $163,800 $35,900 $127,900
2017 $2,588 $163,800 $35,900 $127,900
2016 $2,578 $163,800 $35,900 $127,900
2015 $2,450 $163,800 $35,900 $127,900
2014 $2,314 $190,800 $41,800 $149,000
2012 $2,242 $190,800 $41,800 $149,000
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1602403

Maine Listings

APN: ISBR-000017-000000-000028

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