NOT LISTED FOR SALE

178 Main St Freeport, ME 04032

Estimated Value: $1,011,000 - $1,379,000

9 Beds
8 Baths
4,897 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $850,000 $174 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,264/month

20 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • 3 Fireplaces
  • Mast Landing School Rated A
  • New Englander Architecture
  • No HOA

About This Home

As of June 2021

This is lovely bed & breakfast conveniently located in the heart of Freeport with an easy walk to shopping and restaurants. Built in 1890 and fully renovated in 1986, it has been a welcoming beacon to guests for more than 33 years. The inn features seven guest rooms as well as spacious owner's quarters, all uniquely furnished. The inn has been meticulously maintained and is ideally situated to both I-295 and Route 1. A great opportunity for expansion, or maintain the current book of business. This property would also serve as a wonderful private residence. The opportunities abound!

Last Agent to Sell the Property

Dana Moos

Portside Real Estate Group Listed on: 01/21/2021

Co-Listed By

Victoria Baron

Portside Real Estate Group

Last Buyer's Agent

John Fitzsimons

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,047

Year Built

  • Built in 1890

Lot Details

  • 0.71 Acre Lot
  • Property is zoned Commercial

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 4,897 Sq Ft Home
  • 3 Fireplaces
  • Views of Woods
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Cooling Available
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number FPRT-000013-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,047

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Co List Office Phone: 207-288-5818
  • MLS Status: Closed
  • Directions: 295N to exit 22. Turn towards Freeport. Left onto Route 1 (north). Property is on right.
  • Above Grade Finished Sq Ft: 4897.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 178.68
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood

Exterior Features

  • View: Trees/Woods
  • Waterfront: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30927.6
  • Parcel #: FPRT-000013-000005
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 12047.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Leonard Paul D and Leonard Elizabeth A
Bought by
Paul D Leonard Lt and Leonard
Current Estimated Value
$1,188,717

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jun 17, 2021
Sold by
Scram Realty Llc
Bought by
Leonard Paul D and Leonard Elizabeth A
Seller's Agent
Dana Moos
Portside Real Estate Group
Buyer's Agent
John Fitzsimons
Portside Real Estate Group
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$711,600
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paul D Leonard Lt -- None Available
Paul D Leonard Lt -- None Available
Leonard Paul D -- None Available
Leonard Paul D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Paul D $711,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $850,000 -2.9% $174 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $875,000 -- $179 / 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 $13,322 $997,900 $357,000 $640,900
2023 $13,255 $964,000 $357,100 $606,900
2022 $12,636 $925,700 $318,800 $606,900
2021 $12,359 $925,800 $318,800 $607,000
2020 $12,047 $860,500 $295,200 $565,300
2019 $11,896 $831,900 $278,500 $553,400
2018 $11,491 $763,500 $251,700 $511,800
2017 $11,032 $737,900 $246,800 $491,100
2016 $10,676 $675,700 $221,100 $454,600
2015 $10,473 $623,400 $210,000 $413,400
2014 $9,850 $623,400 $210,000 $413,400
2013 $9,952 $627,900 $210,000 $417,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1478775

Maine Listings

APN: FPRT-000013-000005