NOT LISTED FOR SALE

Estimated Value: $22,413 - $385,000

0.3 Acre
$500,460 Price per Acre
13,068 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $13,000

Est. 1,055% increase in value since last sale

Current estimated payment $818/month

39 Days on Market

Highlights

  • Public Beach
  • No HOA
  • Near Conservation Area
  • Wooded Lot
  • Interior Lot
  • 3-minute walk to Peaks Island Reserve

About This Lot

As of August 2016

Attention Millennials... Here is your chance to own Peaks Island land at a very affordable price! This property is two abutting 50'x105' lots on the paper street section of Welch Street, and abuts conservation land. Someday, Portland will continue Welch Street and you can build your island home. In the meantime you have a place to call home while on the island. This property won't last long, call today!

Last Agent to Sell the Property

Chris Griffith

LUX Realty Listed on: 06/08/2016

Last Buyer's Agent

Raymond Goodhue Jr.

Port Island Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Public Beach
  • Near Conservation Area
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Res.

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11-12
  • Assessor Parcel Number 154WelchStreetPortland04108

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • MLS Status: Closed
  • Subdivision Name: No
  • Directions: Casco Bay Ferry to Peaks Island. From ferry terminal, continue up Welch Street to end, paper street continues into woods. Property is the last two lots on the left before conservation land.
  • Property Information:Lot Size Acres -: 0.3
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Location:Abuts Conservation: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Wooded, Abuts Conservation, Interior Lot, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 154WelchStreetPortland04108
  • Zoning: Res.

Tax Info

  • Tax Annual Amount: 675.0
  • Tax Book Number: 27750
  • Tax Lot: 11-12
  • Tax Map Number: 85
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 5, 2016
Sold by
Patricia K Mcdermott R
Bought by
Faison Llc
Seller's Agent
Chris Griffith
LUX Realty
Buyer's Agent
Raymond Goodhue Jr.
Port Island Realty
List Price
$45,000
Sold Price
$13,000
Premium/Discount to List
-$32,000
-71.11%
Total Days on Market
39
Current Estimated Value
$150,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,138
Avg. Annual Appreciation
33.44%

Purchase Details

Closed on
May 10, 2007
Sold by
Noel Katherine K
Bought by
Mcdermott Patricia K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Faison Llc -- --
Mcdermott Patricia K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $13,000 -71.1% --
07/18/2016 07/18/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $45,000 -- --
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 $255 $17,000 $17,000 $0
2023 $245 $17,000 $17,000 $0
2022 $231 $17,000 $17,000 $0
2021 $221 $17,000 $17,000 $0
2020 $305 $13,100 $13,100 $0
2019 $305 $13,100 $13,100 $0
2018 $294 $13,100 $13,100 $0
2017 $284 $13,100 $13,100 $0
2016 $690 $32,700 $32,700 $0
2015 $675 $32,700 $32,700 $0
2014 $654 $32,700 $32,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1268295

Maine Listings

APN: PTLD-000085-000000-A011001