NOT LISTED FOR SALE

28 Bayview Ave Stonington, ME 04681

Estimated Value: $387,000

1 Bed
2 Baths
792 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $305,000 $385 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,449/month

74 Days on Market

Highlights

  • Ocean Front
  • Cape Cod Architecture
  • Wood Flooring
  • Nearby Water Access
  • Deck
  • No HOA

About This Home

As of October 2022

Easy island living in this 1-Bedroom, 2-Bath, in-village cottage with HUGE water views! This well-built cottage enjoys sweeping views of Deer Isle Thorofare, the islands, and beyond to Isle au Haut!. Enjoy watching the daily boating activities from your deck, the manageable yard, or inside the home. The lower level includes a kitchen, living and dining area (with direct deck access to the water-view deck!) and a full bath. Upstairs is an inviting bedroom suite with a full bath and a balcony with outstanding views of the Thorofare and Stonington Harbor. A full basement and small outbuilding add storage and function.The entire property enjoys southern exposure. This position of the cottage allows for easterly sunrise views as well as sunset views. ***Reasonable Offers Considered***

Last Agent to Sell the Property

Rhonda Mitchell

The Island Agency Listed on: 08/22/2022

Co-Listed By

Morgan Eaton

The Island Agency

Last Buyer's Agent

Hannah Phipp Jennifer Mitchell

Swan Agency Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Cape Cod Architecture
  • Cottage
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 792 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 28bayviewstreetstoningtonme04681

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,078

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Water Body Name: Deer Isle Thoroughfare
  • Co List Office Mls Id: 2700
  • Co List Office Phone: 207-367-2550
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 792.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 792.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Style:Cottage: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer
  • Has Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Town, Rural
  • Waterfront Features: Harbor, Ocean
  • Waterfront: No
  • Construction Type: Clapboard, Aluminum Siding, Wood Frame
  • Foundation Details: Block, Granite, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 28bayviewstreetstoningtonme04681
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3078.0
  • Tax Book Number: 6416
  • Tax Lot: 64
  • Tax Map Number: 8B
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 6, 2022
Sold by
Lorensen Frederick B and Lorensen Joyce S
Bought by
Clifford Osullivan Llc
Seller's Agent
Rhonda Mitchell
The Island Agency
Buyer's Agent
Hannah Phipp Jennifer Mitchell
Swan Agency Real Estate
List Price
$365,000
Sold Price
$305,000
Premium/Discount to List
-$60,000
-16.44%
Total Days on Market
74
Current Estimated Value
$387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,000
Avg. Annual Appreciation
15.78%
Original Mortgage
$244,000
Outstanding Balance
$236,110
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,890

Purchase Details

Closed on
Jun 30, 2015
Sold by
Glynn Teresa and Glynn James
Bought by
Lorensen Frederick B and Lorensen Joyce S
Source: Public Records

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Range of Values:

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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
Clifford Osullivan Llc -- None Available
Lorensen Frederick B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Osullivan Llc $244,000
Previous Owner Glynn James $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $305,000 -16.4% $385 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $365,000 -- $461 / 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 $3,320 $327,100 $242,300 $84,800
2023 $3,051 $196,100 $161,600 $34,500
2022 $3,051 $196,100 $161,600 $34,500
2021 $3,079 $196,100 $161,600 $34,500
2020 $3,076 $195,900 $161,600 $34,300
2019 $3,115 $195,900 $161,600 $34,300
2018 $3,154 $195,900 $161,600 $34,300
2017 $3,156 $195,900 $161,600 $34,300
2016 $3,350 $198,200 $161,600 $36,600
2015 $3,399 $198,200 $161,600 $36,600
2014 $2,993 $198,200 $161,600 $36,600
2013 $2,810 $198,200 $161,600 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531941

Maine Listings

APN: STGT-000008B-000000-000064