NOT LISTED FOR SALE

128 Wallace Cir Phippsburg, ME 04562

Phippsburg Neighborhood

Estimated Value: $596,898 - $965,000

5 Beds
2 Baths
1,549 Sq Ft
$502/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $420,000 $271 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,383/month

330 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2018

Must see property in highly desirable classic Maine fishing village. Exceptional views of the open ocean, with residential use only areas with beautiful rock out cropings perfect for exploring tide pools. Sandy beach about 100 yards from the house makes for great summer swimming and ideal launching spot for some of the best ocean kayaking along the mid coast.Recently remodeled house with complete rewire, new plumbing ,new siding, windows and decks.Currently used as a vacation rental with great rental history.

Last Agent to Sell the Property

SHAWN KERWIN

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 03/23/2017

Last Buyer's Agent

Dari Hurley

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1940

Lot Details

  • 0.61 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Landscaped

Home Design

  • Cape Cod Architecture
  • Post and Beam
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,549 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 128Wallace CirclePhippsbu2772

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,957

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.61
  • Water Body Name: Westpoint Harbor
  • MLS Status: Closed
  • Directions: Route 209. Right on Sebasco Rd and Right on Westpoint Rd. Go to end of point and follow one way road to number 128 on left.
  • Above Grade Finished Sq Ft: 1549.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 271.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.61
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1549.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Water Info:Waterfront Amount -: 3.0
  • Water Info:Water Frontage Owned -: 3.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Construction:Post Beam: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Must see property in highly desirable classic Maine fishing village. Exceptional views of the open ocean, with residential use only areas with beautiful rock out cropings perfect for exploring tide pools. Sandy beach about 100 yards from the house makes for great summer swimming and ideal launching spot for some of the best ocean kayaking along the mid coast.Recently remodeled house with complete rewire, new plumbing ,new siding, windows and decks.Currently used as a vacation rental with great rental history.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Waterfront Features: Harbor, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Post & Beam, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Other, Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26571.6
  • Parcel #: 128Wallace CirclePhippsbu2772
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2957.0
  • Tax Lot: 72
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Apr 20, 2018
Sold by
Krott John D
Bought by
Franklin Ft
Seller's Agent
SHAWN KERWIN
Tim Dunham Realty
Buyer's Agent
Dari Hurley
Coldwell Banker Realty
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Current Estimated Value
$777,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,725
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Michaels Scott
Bought by
Krott John D and Krott Courtney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,835
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records
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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
Franklin Ft -- --
Krott John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krott John D $394,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $420,000 -15.8% $271 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
03/23/2017 03/23/17 For Sale $499,000 -- $322 / 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 $4,282 $363,500 $211,400 $152,100
2023 $4,158 $363,500 $211,400 $152,100
2022 $3,679 $363,500 $211,400 $152,100
2021 $3,308 $363,500 $211,400 $152,100
2020 $3,091 $338,200 $211,400 $126,800
2019 $3,091 $338,200 $211,400 $126,800
2018 $3,135 $346,800 $220,000 $126,800
2017 $3,100 $346,800 $220,000 $126,800
2016 $3,013 $345,500 $220,000 $125,500
2015 $2,957 $345,500 $220,000 $125,500
2014 $2,695 $345,500 $220,000 $125,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    SHAWN KERWIN

    Tim Dunham Realty

  • D

    Buyer's Agent in 2018

    Dari Hurley

    Coldwell Banker Realty

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Map

Source: Maine Listings

MLS Number: 1298454

Maine Listings

APN: PHIP-000027-000000-000072

Maine Sagadahoc County Phippsburg 04562 Phippsburg

128 Wallace Cir, Phippsburg, ME

Not Listed for Sale

Detached

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