NOT LISTED FOR SALE

25 W Island Way Unit 25 Edgecomb, ME 04556

Estimated Value: $408,072

3 Beds
2 Baths
1,556 Sq Ft
$327/mo HOA Fee

Last Sold June 08, 2020

Last sale price $239,000 $154 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,872/month

90 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Wood Flooring
  • Granite Countertops
  • 23 Acre Lot
  • 1 Fireplace
  • Cottage

About This Home

As of June 2020

Amazing opportunity to own a cottage at the Sheepscot Harbor Resort. This 3 bedroom 2 bath open concept cottage is in great condition and has an excellent Air BnB history. Home offers granite countertops, gas fireplace, and relaxing screened in porch with fabulous harbor views.

Last Agent to Sell the Property

Susan Hill

River's Edge Realty LLC Listed on: 01/28/2020

Last Buyer's Agent

Jasmine Pellerin

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 2007

Lot Details

  • 3,000 Feet of Waterfront
  • River Front
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,556 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 513
  • Assessor Parcel Number EDGE-000005U-000000-000007-000513-TIF

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,957

Year Built

Built in 2007

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 23.0
  • Road Surface Type: Paved
  • Water Body Name: Sheepscot River
  • MLS Status: Closed
  • Directions: Eddy Rd. to Village way to West Island Way. #25 is on the left
  • Above Grade Finished Sq Ft: 1556.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2007
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 160.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 23.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1556.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 327.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Water Info:Waterfront Amount -: 3000.0
  • Water Info:Water Frontage Shared -: 3000.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • View:Scenic: Yes
  • Sewer:Quasi-Public: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Amazing opportunity to own a cottage at the Sheepscot Harbor Resort. This 3 bedroom 2 bath open concept cottage is in great condition and has an excellent Air BnB history. Home offers granite countertops, gas fireplace, and relaxing screened in porch with fabulous harbor views.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 327.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1001880.0
  • Parcel #: EDGE-000005U-000000-000007-000513-TIF
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3957.0
  • Tax Lot: 513
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
May 21, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Godin James C and Godin Lori A
Seller's Agent
Susan Hill
River's Edge Realty LLC
Buyer's Agent
Jasmine Pellerin
Keller Williams Realty
List Price
$269,900
Sold Price
$239,000
Premium/Discount to List
-$30,900
-11.45%
Current Estimated Value
$408,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,072
Avg. Annual Appreciation
10.27%
Original Mortgage
$163,000
Outstanding Balance
$144,441
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$263,631

Purchase Details

Closed on
Feb 26, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Godin James C -- None Available
Wilmington Svgs Fund Soc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godin James C $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $239,000 -11.4% $154 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $269,900 -- $173 / 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 $2,802 $213,108 $127,865 $85,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1443347

Maine Listings

APN: U05-007-513-TIF