T
Seller's Agent in 2021
Terry Sortwell
LandVest, Inc.
(207) 236-3543
31 Total Sales
267 W Shore Dr Islesboro, ME 04848
Estimated Value: $4,447,399
12
Beds
5.5
Baths
7,000
Sq Ft
$635/Sq Ft
Est. Value
Highlights
- 359 Feet of Waterfront
- Docks
- Deep Water Access
- Islesboro Central School Rated 9+
- Country Club
- Island Location
About This Home
As of June 2021The Devereux Cottage is a historic waterfront property on Islesboro occupying 4.39± acres with 359± feet of shorefront and excellent western facing views over Gilkey Harbor to Penobscot Bay and the Camden Hills. Built in 1917, this seasonal residence exhibits many original details such as exposed wood beams, arched doorways, fireplace mantels and a unique staircase that all work together to create interesting and appealing historic character. The house has a total of twelve bedrooms – a master, six spacious guest bedrooms and five smaller bedrooms - and over 7,000± square feet of living space. Most of the rooms have excellent water views and there are seven wood-burning fireplaces throughout the home. The landscape includes well-maintained lawn with beautiful flowering gardens and stonework; and there is a brand new 150± foot deep-water pier with a ramp and float on Gilkey Harbor. The 4.39± acres includes 2.2± acres on the water with the house and 2.19± acres of undeveloped land on the other side of the road that promotes privacy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,648
Year Built
- Built in 1917
Lot Details
- 4.39 Acre Lot
- 359 Feet of Waterfront
- Ocean Front
- Property Fronts a Bay or Harbor
- Rural Setting
- Seasonal Access to Property
- Landscaped
- Level Lot
- Open Lot
- Property is zoned Shoreland
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Clapboard
Interior Spaces
- 7,000 Sq Ft Home
- 7 Fireplaces
- Great Room
- Dining Room
- Library
- Wood Flooring
- Stove
Bedrooms and Bathrooms
- 12 Bedrooms
- Main Floor Bedroom
Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Deep Water Access
- Docks
- Deck
- Porch
Location
- Property is near a golf course
- Island Location
Utilities
- No Cooling
- Heating System Uses Wood
- Baseboard Heating
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Listing and Financial Details
- Tax Lot 03/17
- Assessor Parcel Number 267WShoreDrIslesboro04848
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2021
Closed on
Jun 11, 2021
Sold by
Antelo Devereux T
Bought by
Islesboro Cottage Llc
Seller's Agent
Terry Sortwell
LandVest, Inc.
Buyer's Agent
Molly McKellar
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$3,850,000
Sold Price
$3,350,000
Premium/Discount to List
-$500,000
-12.99%
Total Days on Market
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,399
Avg. Annual Appreciation
7.78%
Original Mortgage
$2,680,000
Outstanding Balance
$2,463,089
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,024,484
Purchase Details
Closed on
Aug 22, 2008
Sold by
Train Frances C
Bought by
Tower Harry P
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Islesboro Cottage Llc | -- | None Available | |
| Tower Harry P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Islesboro Cottage Llc | $2,680,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $3,350,000 | -13.0% | $479 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $3,850,000 | -- | $550 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $26,740 | $2,247,100 | $765,400 | $1,481,700 |
| 2023 | $24,718 | $2,247,100 | $765,400 | $1,481,700 |
| 2022 | $22,189 | $1,232,700 | $570,400 | $662,300 |
| 2021 | $21,757 | $1,232,700 | $570,400 | $662,300 |
| 2020 | $20,956 | $1,232,700 | $570,400 | $662,300 |
| 2019 | $20,524 | $1,232,700 | $570,400 | $662,300 |
| 2018 | $20,155 | $1,232,700 | $570,400 | $662,300 |
| 2017 | $19,477 | $1,232,700 | $570,400 | $662,300 |
| 2016 | $19,403 | $1,232,700 | $570,400 | $662,300 |
| 2015 | $18,441 | $1,232,700 | $570,400 | $662,300 |
| 2014 | $17,420 | $1,436,100 | $664,500 | $771,600 |
| 2012 | $16,874 | $1,436,100 | $664,500 | $771,600 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Sortwell
-
Joseph Sortwell
Seller Co-Listing Agent in 2021
Joseph Sortwell
LandVest, Inc.
(207) 236-3543
106 Total Sales
-
M
Buyer's Agent in 2021
Molly McKellar
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1479290
APN: ISBR-000013-000000-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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