NOT LISTED FOR SALE

2 Harbor Island Unit 2 Boothbay Harbor, ME 04538

Estimated Value: $261,000 - $642,000

2 Beds
2 Baths
1,152 Sq Ft
$333/mo HOA Fee

Last Sold July 18, 2024

Last sale price $210,000 $182 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,302/month

26 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Deep Water Access
  • Deck
  • Docks
  • Island Location
  • 5-minute walk to Barrett Park

About This Home

As of July 2024

In the middle of Boothbay Harbor stands the small McFarland Island, an iconic landmark of the quaint coastal town. The two-bedroom, two-bathroom cottage, built in 1700, is a charming summer refuge, accessible by a short boat ride from the mainland to a private dock.
The 1.5 acre island has only two other residences and is a highly coveted homesite in one of Maine's best-kept secrets, Boothbay Harbor. The 1,152 square foot cottage is the quintessential mariner's home and its charm is surpassed only by the un-obstructed views of the bustling harbor. Throughout the summer, the town surges with seasonal events including the exciting, and historic, Windjammer Days. Enjoy a front-row seat to the action while enjoying the privacy of the island as the tide ebbs and flows, lapping against the shore.
Once abandoned and weathered by the ocean, the home was restored in the 1980s and beloved by a Maine family for generations. The home again needs a caring hand after the harsh 2024 winter to restore it to its true beauty to be enjoyed by future generations. While some structural elements are in disrepair, the roof was fully replaced in 2023 and is in excellent condition.
One of the most photographed islands in the state of Maine, McFarland Island (lovingly called Harbor Island by those who summer there) is captured in postcards, paintings, and photography celebrating the town of Boothbay Harbor.

Included:
Private dock
Boat mooring
Zodiac boat

Last Agent to Sell the Property

Peter Adams

Distinctive Properties Listed on: 06/11/2024

Last Buyer's Agent

Peter Adams

Distinctive Properties Listed on: 06/11/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1700

Lot Details

  • 175 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Seasonal Access to Property

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • No Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Water Views
  • Exterior Basement Entry
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Shed

Location

  • Island Location

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 2
  • Assessor Parcel Number 2 Harbor Island, Boothbay Harbor, Maine 04538

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,816

Year Built

Built in 1700

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Boothbay Harbor
  • MLS Status: Closed
  • Directions: Boothbay Harbor to the Tug Boat Inn Marina
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1700
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1152.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 4000.0
  • Location Information:Fee Frequency Paid: Annually
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 175.0
  • Water Info:Water Frontage Owned -: 175.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Parking:No Parking: Yes
  • Water Info:Island3: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Recreational Water:Boat Mooring: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Listing Conditions Trust: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Near Town
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 2 Harbor Island, Boothbay Harbor, Maine 04538
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3816.0
  • Tax Book Number: 4572
  • Tax Lot: 2
  • Tax Map Number: 15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2012
Sold by
Mcintosh John A and Mcintosh Arlene G
Bought by
Arlene G Mcintosh T
Current Estimated Value
$476,631
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
Arlene G Mcintosh T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $210,000 -46.2% $182 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $390,000 -- $339 / 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 $4,029 $426,400 $300,000 $126,400
2023 $3,816 $426,400 $300,000 $126,400
2022 $3,560 $426,400 $300,000 $126,400
2019 $3,191 $267,000 $187,500 $79,500
2018 $3,097 $267,000 $187,500 $79,500
2017 $3,044 $267,000 $187,500 $79,500
2016 $2,990 $267,000 $187,500 $79,500
2014 $2,910 $267,000 $187,500 $79,500
2013 $2,924 $267,000 $187,500 $79,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1592929

Maine Listings

APN: BOOH-000015-000000-000118-000002