NOT LISTED FOR SALE

123 E Point Rd Swans Island, ME 04685

Estimated Value: $530,000 - $985,485

3 Beds
2.5 Baths
2,369 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $725,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,422/month

Highlights

  • 200 Feet of Waterfront
  • Island Location
  • Contemporary Architecture
  • Deep Water Access
  • Deck
  • Wooded Lot

About This Home

As of July 2021

Stunning, Frank Lloyd Wright inspired, contemporary home with expansive ocean views from every room. Thoughtfully designed with a master suite occupying one end of the home and two guest rooms on the other end, with a centrally located living, dining and kitchen being the heart of the house . This integral central room is spectacular with its warm, cedar walls aglow from full southern exposure and far reaching views of Ram Island, Frenchboro and open ocean. Tranquility on the Maine Coast.

Last Agent to Sell the Property

Beth Ingebritson

The Knowles Company Brokerage Phone: 207 276-3322 Listed on: 06/12/2021

Last Buyer's Agent

Wendy Huntington Evans

Camden Coast Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1990

Lot Details

  • 2.02 Acre Lot
  • 200 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,369 Sq Ft Home
  • 1 Fireplace
  • Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deep Water Access
  • Deck

Location

  • Island Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 123EastPointRdSwansIslandME04685

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,990

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: From Swans Island ferry travel to the end of Ferry Rd. Turn Left on Atlantic Road. Travel straight for 1.9 miles on Atlantic Road. Take left onto East Point Road. Travel 0.6 miles and 123 will be on your right. sign on the property.
  • Above Grade Finished Sq Ft: 2369.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1990
  • Attribution Contact: 207 276-3322
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 274.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.02
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2369.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 210.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Water Info:Island3: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Basement Entry:Exterior Only: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Rolling Slope, Landscaped, Wooded, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • 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: 87991.2
  • Parcel #: 123EastPointRdSwansIslandME04685
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4990.0
  • Tax Lot: 14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 14, 2019
Sold by
Harding Joan D
Bought by
Memmott Drew D and Memmott Kim M
Seller's Agent
Beth Ingebritson
The Knowles Company
Buyer's Agent
Jennifer Helman
The Davis Agency
List Price
$610,000
Sold Price
$528,000
Premium/Discount to List
-$82,000
-13.44%
Current Estimated Value
$757,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,743
Avg. Annual Appreciation
5.69%
Original Mortgage
$422,400
Outstanding Balance
$370,621
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$387,122
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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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
Memmott Drew D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memmott Drew D $422,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2021 07/23/21 Sold $725,000 +11.5% $306 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $650,000 +23.1% $274 / Sq Ft
05/31/2019 05/31/19 Sold $528,000 -13.4% $223 / Sq Ft View Prior Sale
03/27/2019 03/27/19 Pending -- -- --
04/02/2018 04/02/18 For Sale $610,000 -- $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 $5,230 $369,600 $183,200 $186,400
2023 $4,694 $369,600 $183,200 $186,400
2022 $4,694 $369,600 $183,200 $186,400
2021 $4,805 $369,600 $183,200 $186,400
2020 $4,990 $369,600 $183,200 $186,400
2019 $4,990 $410,700 $203,600 $207,100
2018 $4,990 $410,700 $203,600 $207,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496023

Maine Listings

APN: 15-14