NOT LISTED FOR SALE

20 W Island Way Unit 20 Edgecomb, ME 04556

Estimated Value: $487,687

3 Beds
3 Baths
1,450 Sq Ft
$344/mo HOA Fee

Last Sold July 31, 2020

Last sale price $295,000 $203 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,305/month

368 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • 23 Acre Lot
  • 3,000 Feet of Waterfront
  • Country Club
  • Clubhouse

About This Home

As of July 2020

A fabulous spot for vacation or year-round living, or, for the investor, a desirable rental property with easy access to Boothbay, Bath/Brunswick or a stroll across the bridge to the picturesque village of Wiscasset. This Condominium Cottage includes use of a 700' pier with deep water at all times and moorings are available. Elevated lot with westerly views of the Sheepscot River and a full unfinished walkout basement for expansion. Spacious bedrooms are all en suite, one with a separate entrance, and the living area is open and includes a Rinnai gas heater. The home is move in ready with a well equipped kitchen and furnishings included. A list of mostly decorative items that will not remain is available on request.

Last Agent to Sell the Property

Juliet Morrison

Bean Group Listed on: 06/02/2020

Last Buyer's Agent

Carleton Johnson

Rubenstein Real Estate Co., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 2005

Lot Details

  • 3,000 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $344 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bedroom Suite
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Balcony
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29-602
  • Assessor Parcel Number EDGE-000006U-000000-000029-000602

Community Details

Overview

  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,800

Year Built

Built in 2005

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 23.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Sheepscot River
  • MLS Status: Closed
  • Subdivision Name: Yes
  • Above Grade Finished Sq Ft: 1450.0
  • Architectural Style: Contemporary, Cottage
  • Garage Yn: No
  • Efficiency: Storm Doors, Programmable Thermostat
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 213.1
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 23.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1450.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 344.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: PUD
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Suite17: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 3000.0
  • Water Info:Water Frontage Shared -: 3000.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Driveway:Reclaimed: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: A fabulous spot for vacation or year round living, or, for the investor a desirable rental property with easy access to Boothbay, Bath/Brunswick or a stroll across the bridge to the picturesque village of Wiscasset. This condominium cottage includes use of a 700' pier with deep water at all times and boat moorings are available. Elevated lot with westerly views of the Sheepscot River & a full unfinished walkout basement for expansion. Spacious bedrooms are all ensuite, one has a separate entrance and the livingarea is open with a Rinnai heater. The home is move in ready with a well equipped kitchen and furnishings included. A list of mostly decorative items that will not remain is available on request.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Open Lot, Right of Way, Rolling Slope, Landscaped, Wooded, Near Golf Course, Near Shopping, Near Town, Neighborhood, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Reclaimed, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 344.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1001880.0
  • Parcel #: EDGE-000006U-000000-000029-000602
  • Zoning: Mixed

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3800.0
  • Tax Lot: 29-602
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 22, 2020
Sold by
Dillinger Elizabeth and Dillinger Charles
Bought by
Cunningham William and Cunningham Lauren
Seller's Agent
Juliet Morrison
Bean Group
Buyer's Agent
Carleton Johnson
Rubenstein Real Estate Co., Inc.
List Price
$219,000
Sold Price
$295,000
Premium/Discount to List
$76,000
34.7%
Current Estimated Value
$487,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,687
Avg. Annual Appreciation
9.93%
Original Mortgage
$145,000
Outstanding Balance
$128,576
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$359,111

Purchase Details

Closed on
Mar 4, 2016
Sold by
Wright Wayne
Bought by
Dillinger Elizabeth and Dillinger Charles

Purchase Details

Closed on
Nov 16, 2015
Sold by
Panagos Emmie
Bought by
Wright Wayne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cunningham William -- None Available
Dillinger Elizabeth -- --
Wright Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham William $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $295,000 +34.7% $203 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/24/2019 05/24/19 For Sale $219,000 -- $151 / 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 $4,684 $213,108 $127,865 $85,243
2023 $3,559 $213,108 $127,865 $85,243
2022 $3,442 $213,108 $127,865 $85,243
2021 $3,719 $213,108 $127,865 $85,243
2020 $3,823 $213,108 $127,865 $85,243
2019 $3,957 $213,108 $127,865 $85,243
2018 $3,644 $213,108 $127,865 $85,243
2017 $3,576 $213,108 $127,865 $85,243
2015 $3,239 $213,108 $127,865 $85,243
2013 $1,261 $95,899 $57,539 $38,360
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Juliet Morrison

    Bean Group

  • C

    Buyer's Agent in 2020

    Carleton Johnson

    Rubenstein Real Estate Co., Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1416276

Maine Listings

APN: U06-029-602

Maine Lincoln County Edgecomb 04556

20 W Island Way Unit 20, Edgecomb, ME

Not Listed for Sale

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