NOT LISTED FOR SALE

165 Ellsworth Rd Blue Hill, ME 04614

Estimated Value: $619,000 - $774,305

4 Beds
4 Baths
7,400 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $360,000 $49 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,259/month

8 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Shed
  • View of Trees or Woods
  • No HOA
  • Baseboard Heating

About This Home

As of May 2021

Seven-unit, income-producing property in prime mixed-use location less than 1 mile from Blue Hill Village. Across the street from the new Humblebee Cafe and a few doors down from Yanni's Pizza. First floor is home to Classic Nails (beauty salon), Classic Cuts (hair stylists), and The Cubby Hole (childcare). Property also includes four residential apartments: 1 three-bedroom, 2 two-bedrooms, and 1 one-bedroom. Many recent upgrades including new siding, trim, and roofing. Consistently strong rental history.

Last Agent to Sell the Property

Jill Knowles

The Christopher Group, LLC Listed on: 11/09/2020

Co-Listed By

Stefan Blanchard

The Christopher Group, LLC

Last Buyer's Agent

Erica Brooks

The Swan Agency Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Internet Available

Listing and Financial Details

  • Exclusions: Trade Fixtures
  • Tax Lot 48
  • Assessor Parcel Number BLUE-000020-000000-000048

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $18,300
  • Gross Income $51,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,861

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2494
  • Co List Office Phone: 877-350-4409
  • MLS Status: Closed
  • Directions: From the center of Blue Hill Village, take Ellsworth Road approximately 0.8 miles to subject property on right.
  • Above Grade Finished Sq Ft: 6200.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 6200.0
  • Property Information:SqFt Finished Below Grade: 1200.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 51900.0
  • Income Expenses Operating Expenses: 18300.0
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Fields: Yes
  • Heat System:Radiator: Yes
  • Other Structures:Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 1200.0
  • Flooring: Wood, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Open Lot
  • View: Trees/Woods, Fields
  • Waterfront: No
  • Exclusions: Trade Fixtures
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: BLUE-000020-000000-000048
  • Zoning: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 51900.0
  • Annual Operating Expense: 18300.0

Tax Info

  • Tax Annual Amount: 3861.17
  • Tax Book Number: 1458
  • Tax Lot: 48
  • Tax Map Number: 20
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
May 4, 2021
Sold by
Hewes William M and Hewes Elaine C
Bought by
Bh 165 Llc
Seller's Agent
Jill Knowles
The Christopher Group, LLC
Buyer's Agent
Erica Brooks
The Swan Agency Sotheby's International Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$696,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,653
Avg. Annual Appreciation
16.64%
Original Mortgage
$288,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bh 165 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downeast Me Prop Mgmt Llc $506,250
Closed Bh 165 Llc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $360,000 -9.8% $49 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $399,000 -- $54 / 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 $5,561 $635,500 $136,300 $499,200
2023 $4,502 $334,500 $72,500 $262,000
2022 $4,212 $334,300 $72,300 $262,000
2021 $4,028 $334,300 $72,300 $262,000
2020 $3,861 $334,300 $72,300 $262,000
2019 $3,614 $334,300 $72,300 $262,000
2018 $3,343 $334,300 $72,300 $262,000
2017 $3,343 $334,300 $72,300 $262,000
2016 $3,243 $334,300 $72,300 $262,000
2015 $3,343 $334,300 $72,300 $262,000
2014 $2,942 $334,300 $72,300 $262,000
2013 $2,808 $334,300 $72,300 $262,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1475530

Maine Listings

APN: BLUE-000020-000000-000048