NOT LISTED FOR SALE

Estimated Value: $247,000

1.37 Acres
$180,292 Price per Acre
59,677 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $140,000

Est. 76% increase in value since last sale

Current estimated payment $1,421/month

36 Days on Market

Highlights

  • Public Beach
  • 1.37 Acre Lot
  • No HOA
  • Georgetown Central School Rated 9+
  • Wooded Lot
  • Level Lot

About This Lot

As of June 2021

Captain Rob is no longer serving his popular lobster rolls, burgers, fries and ice cream. However, you can continue to offer these popular treats to the locals as well as the beach goers to the park.

He is now prepared to sell this improved 1.37 acre lot, which has a large work shop, drilled well, underground power, state approved circular driveway, clear road frontage and ample parking. This property has space available to build a home, or position a residential mobile home and add a new septic system.

Located less than a mile from the entrance to Reid State Park with 770 acres of salt marshes, rocky tidepools, sand dunes, a mile long beach and 1/2 mile sandy beach.

The existing commercially equipped Cook House and Ice Cream Trailer are available for an additional $30,000 or will be removed from the property.

Just image having a fun seasonal business offering food to the park goers just a few minutes from beautiful Reid State Park.

Your opportunity awaits.

Last Agent to Sell the Property

Michael DePesa

Sharon Drake Real Estate, Inc. Listed on: 03/16/2021

Last Buyer's Agent

Kara Zech Thelen

Sharon Drake Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $876

Lot Details

  • 1.37 Acre Lot
  • Public Beach
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Ltd-Res

Parking

  • Gravel Driveway

Mobile Home

  • Mobile Home Allowed

Utilities

  • Underground Utilities
  • Private Water Source
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number GEON-000009R-000000-000021

Property Details

Property Type

Land

Est. Annual Taxes

$876

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.37
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Travel on Five Island Road, Route 127, and take a right turn on Sequinland Road at the American Flag painted on the rock. Go 0.8 miles and the property is on the left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.37
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Electric:Circuit Breakers: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Sewer:Septic Needed: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Wooded, Near Public Beach, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site, Septic Needed
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Parcel #: GEON-000009R-000000-000021
  • Zoning: Ltd-Res

Tax Info

  • Tax Annual Amount: 876.0
  • Tax Book Number: 3536
  • Tax Lot: 21
  • Tax Map Number: 9R
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2013
Sold by
Frizzell Janice B
Bought by
Tracy Robert A and Ellis Gloria L
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Outstanding Balance
$34,638
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,362
Source: Public Records

Range of Values:

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Average Value
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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
Tracy Robert A -- --
Tracy Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracy Robert A $46,000
Closed Tracy Robert A $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $140,000 -3.4% --
04/22/2021 04/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $145,000 -- --
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 $1,348 $224,000 $166,300 $57,700
2023 $1,413 $144,900 $92,400 $52,500
2022 $1,281 $144,900 $92,400 $52,500
2021 $777 $94,200 $92,400 $1,800
2020 $876 $108,200 $92,400 $15,800
2019 $844 $108,200 $92,400 $15,800
2018 $833 $108,200 $92,400 $15,800
2017 $828 $108,200 $92,400 $15,800
2016 $828 $108,200 $92,400 $15,800
2015 $799 $108,200 $92,400 $15,800
2014 $799 $108,200 $92,400 $15,800
2013 $768 $108,200 $92,400 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1484465

Maine Listings

APN: GEON-000009R-000000-000021