NOT LISTED FOR SALE

237 Seawall Rd Southwest Harbor, ME 04679

Estimated Value: $901,000 - $1,053,000

-- Bed
5.5 Baths
5,500 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $374,000 $68 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,158/month

246 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • No HOA
  • Pemetic Elementary School Rated A-
  • New Englander Architecture
  • Cooling Available

About This Home

As of March 2020

Unique opportunity to own a 4-unit rental property on the edge of the Park. Large lot with plenty of parking and yard. Close to everything the island has to offer without the large waterfront taxes!

Last Agent to Sell the Property

Casey Thibodeau

ERA Dawson-Bradford Co. Listed on: 05/28/2019

ERA Dawson-Bradford Co.

Last Buyer's Agent

Abigail Curless

The Knowles Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1935

Lot Details

  • 1.05 Acre Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,500 Sq Ft Home
  • Views of Woods
  • Walk-Out Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Septic System
  • Septic Design Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number SOUR-000017-000000-000050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,507

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Route 3 from Ellsworth to Mount Desert Island. Keep Right on State Route 102 for 11 miles. Turn left on Seawall Road. In 1 mile the house will be on the left.
  • Above Grade Finished Sq Ft: 5500.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1935
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.05
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Property Information:Short Sale Continue to Show: No
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Laminate

Exterior Features

  • Lot Features: Level, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45738.0
  • Parcel #: SOUR-000017-000000-000050
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4507.0
  • Tax Book Number: 2323
  • Tax Lot: 50
  • Tax Map Number: 17
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Mar 31, 2020
Sold by
Dill Laura S
Bought by
Preston Scott F and Preston Ellen F
Seller's Agent
Casey Thibodeau
ERA Dawson-Bradford Co.
Buyer's Agent
Abigail Curless
The Knowles Company
List Price
$429,900
Sold Price
$374,000
Premium/Discount to List
-$55,900
-13%
Current Estimated Value
$839,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,541
Avg. Annual Appreciation
16.80%
Original Mortgage
$275,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2008
Sold by
Thibodeau Jeffrey P and Shelby Laura M
Bought by
Shelby Laura M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Preston Scott F -- None Available
Shelby Laura M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Scott F $46,000
Open Preston Scott F $279,000
Closed Preston Scott F $275,000
Previous Owner Shelby Laura M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $374,000 -13.0% $68 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
05/28/2019 05/28/19 For Sale $429,900 -- $78 / 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 $6,992 $775,200 $234,900 $540,300
2023 $5,834 $358,800 $119,800 $239,000
2022 $5,274 $358,800 $119,800 $239,000
2021 $5,023 $342,600 $119,800 $222,800
2020 $4,908 $341,100 $119,800 $221,300
2019 $4,758 $341,100 $119,800 $221,300
2018 $4,779 $350,900 $119,800 $231,100
2017 $4,513 $350,900 $119,800 $231,100
2016 $4,513 $350,900 $119,800 $231,100
2015 $4,513 $350,900 $119,800 $231,100
2014 $4,513 $350,900 $119,800 $231,100
2013 $4,513 $350,900 $119,800 $231,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1416518

Maine Listings

APN: SOUR-000017-000000-000050