NOT LISTED FOR SALE

16 School St Bar Harbor, ME 04609

Estimated Value: $769,142 - $1,010,000

6 Beds
3.5 Baths
2,740 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $685,000 $250 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,247/month

64 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Corner Lot
  • Conners-Emerson School Rated A
  • Wood Flooring
  • 4-minute walk to Village Green

About This Home

As of May 2021

Set in the heart of downtown is this classic Colonial. Come checkout this great opportunity to purchase a large home in a nice part of downtown Bar Harbor! A great location set on a corner lot with a nice farmer's porch. The first floor features a large living room which opens into a large dining room. The roomy kitchen has lots of potential, bring your design ideas to make it your own! Another nice porch is just off the kitchen for your grilling needs. The second floor includes 4 bedrooms and 2 baths. There is also a third floor apartment that has two bedrooms, an updated bathroom a small kitchen and living room. Access to the third floor apartment is interior and exterior. A must see to appreciate!

Last Agent to Sell the Property

Veena Gaines

Acadia Cornerstone Real Estate, LLC Listed on: 01/28/2021

Last Buyer's Agent

Erica Brooks

The Swan Agency Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 2,740 Sq Ft Home
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 472
  • Assessor Parcel Number BARH-000104-000000-000472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,202

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2740.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2740.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: BARH-000104-000000-000472
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3202.0
  • Tax Book Number: 2116
  • Tax Lot: 472
  • Tax Map Number: 104
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
May 27, 2021
Sold by
Caccese Vincent and Abboud Bechara E
Bought by
Arc Llc
Seller's Agent
Veena Gaines
Acadia Cornerstone Real Estate, LLC
Buyer's Agent
Erica Brooks
The Swan Agency Sotheby's International Realty
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$899,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,536
Avg. Annual Appreciation
6.46%
Original Mortgage
$441,000
Outstanding Balance
$399,891
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,645
Source: Public Records

Range of Values:

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Average Value
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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
Arc Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arc Llc $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $685,000 -2.0% $250 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $699,000 -- $255 / 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 $5,731 $570,800 $318,500 $252,300
2023 $4,955 $570,800 $318,500 $252,300
2022 $4,502 $483,000 $269,500 $213,500
2021 $4,260 $437,400 $245,000 $192,400
2020 $3,202 $269,100 $108,100 $161,000
2019 $3,157 $266,400 $107,000 $159,400
2018 $3,080 $266,400 $107,000 $159,400
2017 $2,920 $266,400 $107,000 $159,400
2016 $2,858 $266,400 $107,000 $159,400
2015 $2,821 $266,400 $107,000 $159,400
2014 $2,723 $266,400 $107,000 $159,400
2012 $2,621 $266,400 $107,000 $159,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480773

Maine Listings

APN: BARH-000104-000000-000472