NOT LISTED FOR SALE

Estimated Value: $562,589 - $713,000

-- Bed
2 Baths
2,160 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $425,000 $197 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,815/month

78 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • View of Trees or Woods
  • Ocean Front
  • Public Beach
  • 4.49 Acre Lot

About This Home

As of December 2021

This property is nested on 4.5 acres in sought after Georgetown and only 0.2 mile from the town pier and Five Islands Lobster Company, tennis courts, Ledgemere Beach and Charles Pond.

Located close to many hiking trails, conservation lands, Morse Pond, Josephine Newman Preserve and Reid State Park. Launch your boat at the town-owned landing and enjoy some of the best boating and striper fishing in the mid coast area. Visit nearby Robinhood Marina, Osprey Restaurant, Blue Restaurant and the Robinhood Free Meetinghouse for local entertainment.
The 2 bedroom chalet style home is complete with a ground level entertainment room that includes a pool table, bar, dart board and couch. The second floor consists of the living room, with a slider to a 28 x 10 foot south facing deck, a large bedroom, kitchen, closets, and full bath.
The well built spiral staircase provides access to the third floor, second bedroom and office area. Store your garden tools, kayaks and bikes in the 12 x 24 foot shed. Your pets will enjoy the large fenced back yard area.
Detached from the main home, is a heated 2 car garage with a second floor apartment with 780 square feet, complete with kitchen, full bath, one bedroom, living room and new carpeting. The septic system is designed for a 3 bedroom single family dwelling. The owner has rented out the apartment above the garage for many years now and enjoyed the extra income.
This property is rural and private and also includes an amazing aerated pond, which the owner stocked with trout many years ago and enjoyed fishing with his friends.
This property is 12 miles from Bath -- Maine's coolest city, which was recently rated in our country's top 15 Best Small Towns by Smithsonian Magazine 2021.
This is your opportunity to be part of the centuries old Georgetown community.
MLS #1503076 for additional details.

Last Agent to Sell the Property

Michael DePesa

Sharon Drake Real Estate, Inc. Listed on: 07/30/2021

Last Buyer's Agent

S. Curtis Fish

Sharon Drake Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1997

Lot Details

  • 4.49 Acre Lot
  • Ocean Front
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Fenced
  • Interior Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed
  • Porch

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 010A
  • Assessor Parcel Number 1368FiveIslandsRdGeorgetown04548

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $1,200
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.49
  • Road Surface Type: Gravel, Paved
  • MLS Status: Closed
  • Directions: Take Five Islands Road, Route #127, south. Roughly 6.5 miles from the bridge to Georgetown. Look for the Sharon Drake Sign across from Five Islands Farm.
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Chalet, Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.49
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2160.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 9600.0
  • Income Expenses Operating Expenses: 1200.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Satellite Dish: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Floors:Concrete2: Yes
  • Vehicle Storage:Heated: Yes
  • Heat System:Space Heater: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Building Info:_pound_ Floors3: 3
  • Heat Fuel:Multi-Fuel System: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile, Concrete, Carpet
  • Interior Amenities: Furniture Included, Shower, Storage
  • Stories: 3
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Wooded, Interior Lot, Near Public Beach, Near Shopping, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Common, On Site, Detached, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Other Heat System, Hot Water, Direct Vent Heater, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On, Pole
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 195584.4
  • Parcel #: 1368FiveIslandsRdGeorgetown04548
  • Zoning: Residental

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9600.0
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 2828.52
  • Tax Book Number: 3542
  • Tax Lot: 010A
  • Tax Map Number: 13U
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2015
Sold by
Mcmahan Michael
Bought by
Mcmahan James N and Mcmahan Irene H
Current Estimated Value
$638,530
Source: Public Records

Range of Values:

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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
Mcmahan James N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcmahan Michael W $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $425,000 -25.4% $197 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $569,900 -- $264 / 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 $3,467 $575,900 $183,800 $392,100
2023 $3,405 $349,200 $102,100 $247,100
2022 $3,087 $349,200 $102,100 $247,100
2021 $2,881 $349,200 $102,100 $247,100
2020 $2,829 $349,200 $102,100 $247,100
2019 $2,724 $349,200 $102,100 $247,100
2018 $2,689 $349,200 $102,100 $247,100
2017 $2,671 $349,200 $102,100 $247,100
2016 $2,671 $349,200 $102,100 $247,100
2015 $2,607 $353,300 $106,200 $247,100
2014 $2,607 $353,300 $106,200 $247,100
2013 $2,508 $353,300 $106,200 $247,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1503093

Maine Listings

APN: GEON-000013U-000000-000010-A000000