NOT LISTED FOR SALE

124 North Rd Chebeague Island, ME 04017

Chebeague Island Neighborhood

Estimated Value: $295,000 - $744,000

2 Beds
4 Baths
2,232 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $179,000 $80 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,005/month

43 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 1.67 Acre Lot
  • Mabel I. Wilson School Rated A-
  • View of Trees or Woods
  • Property is near public transit

About This Home

As of October 2022

Don't miss this ''fixer upper'' on beautiful Chebeague island. A gambrel style home, built in 1977 with breezeway and garage is sited on 1.65 acres in the Martin's Hill area of North Road. The property is located in a Limited Business Zone, and has a studio apartment over the one-car garage. The two-story main house has an ensuite bedroom on the upper floor, and sunny living areas on the first. There are ample storage options with a newer two-car detached garage. Maintenance has been deferred throughout the property, but it could be an equity builder in a tight housing market. Beaches are never far away on Chebeague, and this location is central to many island amenities. Among those are a library, year-round market, and an elementary school built in 2020 (Pre-K through grade 5). Older students attend Yarmouth schools. There is a Recreation Center offering year-round use of the gym, and a seasonal pool. Also available are a ball field, golf and tennis clubs, a sailing school, as well as a specialty shop, and several dining options.
Bring your imagination and don't miss this opportunity.

Last Agent to Sell the Property

Jane Leonard Jodi Federle

RE/MAX Shoreline Listed on: 06/10/2022

Co-Listed By

Karen Thompson

Portside Real Estate Group

Last Buyer's Agent

Jane Leonard Jodi Federle

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1977

Lot Details

  • 1.67 Acre Lot
  • Public Beach
  • Rural Setting
  • Lot Has A Rolling Slope
  • Property is zoned Limited Business

Parking

  • 3 Car Garage
  • Gravel Driveway

Home Design

  • Gambrel Roof
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Gas Range
  • Stove

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number CHEB-000003I-000000-000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.67
  • Co List Office Mls Id: 2951
  • Co List Office Phone: 207-553-7500
  • MLS Status: Closed
  • Directions: Ferry to island. From CTC Stone Pier, right on South Rd, right on North Road by Historical Society Museum, continue up hill past Firehouse Rd, #124 is on left.
  • Above Grade Finished Sq Ft: 1532.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1977
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.67
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1532.0
  • Property Information:SqFt Finished Below Grade: 700.0
  • Property Information:Garage: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Gambrel: Yes
  • Transportation:Deep Water Access: Yes
  • Transportation:Public Transport Access: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Gas Range, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Daylight, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 700.0
  • Fireplace: No
  • Bedroom 2 Level: Upper
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Near Golf Course, Near Public Beach, Rural, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Chebeague Island Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 72745.2
  • Parcel #: CHEB-000003I-000000-000010
  • Zoning: Limited Business

Tax Info

  • Tax Annual Amount: 2905.73
  • Tax Book Number: 35655
  • Tax Lot: 10
  • Tax Map Number: I03
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Oct 3, 2022
Sold by
Allison Melanie P
Bought by
Henningsen Caitlin E
Seller's Agent
Jane Leonard Jodi Federle
RE/MAX Shoreline
Buyer's Agent
Jane Leonard Jodi Federle
Portside Real Estate Group
List Price
$258,000
Sold Price
$179,000
Premium/Discount to List
-$79,000
-30.62%
Current Estimated Value
$499,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,735
Avg. Annual Appreciation
42.48%
Original Mortgage
$281,784
Outstanding Balance
$270,336
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,399

Purchase Details

Closed on
Apr 27, 2019
Sold by
Bennett Terry M
Bought by
Bennett Terry M and Allison Melanie P

Purchase Details

Closed on
Sep 9, 2013
Sold by
Riddle Barry E and Ocwen Loan Servicing Llc
Bought by
Bennett Terry M

Purchase Details

Closed on
Mar 1, 2011
Sold by
Riddle Melanie P and Riddle Barry E
Bought by
Ocwen Loan Servicing Llc
Source: Public Records

Range of Values:

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Average Value
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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
Henningsen Caitlin E $179,000 None Available
Henningsen Caitlin E $179,000 None Available
Bennett Terry M -- --
Bennett Terry M -- --
Bennett Terry M -- --
Bennett Terry M -- --
Ocwen Loan Servicing Llc -- --
Ocwen Loan Servicing Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henningsen Caitlin E $281,784
Closed Henningsen Caitlin E $281,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $179,000 -30.6% $80 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $258,000 -- $116 / 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 $3,384 $315,700 $121,500 $194,200
2023 $3,125 $315,700 $121,500 $194,200
2022 $3,070 $245,600 $94,500 $151,100
2021 $2,906 $219,300 $84,400 $134,900
2020 $2,906 $219,300 $84,400 $134,900
2019 $3,168 $192,000 $67,500 $124,500
2018 $3,168 $192,000 $67,500 $124,500
2016 $3,139 $192,000 $67,500 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531966

Maine Listings

APN: CHEB-000003-000000-I000010