NOT LISTED FOR SALE

Estimated Value: $606,000 - $661,000

1 Bed
1 Bath
850 Sq Ft
$732/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $580,000 $682 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,743/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Vaulted Ceiling
  • Public Beach
  • Island Location
  • Wood Flooring

About This Home

As of June 2024

Enchanting island cottage has been fully renovated with skill, care and upgraded materials. The wraparound porch is where to relax and soak-up beautiful water views, all-day sunshine, and dramatic sunsets. The elevated, covered perch will be a room you enjoy daily. The light-filled interior is a whole new home. The floorplan has been resigned to create a functional, fully-applianced custom kitchen with office nook (plumbed for ½ bath), Living Room with captivating water views (oversized window), and a vaulted second floor Bedroom suite that also overlooks the water. The full Bath features a gorgeous, tiled shower, tile flooring, washer & dryer. Storage has been cleverly incorporated into the design with nooks & custom built-ins. The exterior profile retains its delightful cottage charm but is freshly wrapped in decorative new shakes and Anderson 400 series windows. An impressive walk-in/out undercarriage could be used as a covered patio, and/or storage. There's even room for a generator or a freezer. You will enjoy public water/sewer, brand new heat pumps, 200 amp service, and pine flooring. Easy 10 minutes access to village/ferry/beaches/TEIA club. And Portland's Old Port is a short ferry ride from the island. This special year-round home is perfect as a stand-alone property but do note its proximity to #19 Pleasant Avenue. Buyers in search of a main house+ guest house will not want to overlook the potential that ownership of these two properties presents. Please submit offers by 12:00 Tuesday and allow a 24 hour response window.

Last Agent to Sell the Property

Susan Lessard

Portside Real Estate Group Listed on: 05/24/2024

Last Buyer's Agent

Mary Levanti-Cuellar

RE/MAX Shoreline

RE/MAX Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,529

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Seasonal Access to Property
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned IR2

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 850 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Butcher Block Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Island Location

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Legal Lot and Block 7,11 / K
  • Assessor Parcel Number PTLD-000087-K000007-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,529

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Ferry Landing to Welch, left onto Island, left onto Pleasant. Property is on left.
  • Above Grade Finished Sq Ft: 850.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 850.0
  • 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
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Foundation Materials:Slab: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Info:Island3: Yes
  • Room Features:Built-Ins30: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Bedroom 1 Amenities:Vaulted Ceiling: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Other, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Shower, Storage
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Public Beach, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Gravel/Pad, Pillar/Post/Pier, Concrete Perimeter, Slab
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, Other, On Site

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000087-K000007-000001
  • Zoning: IR2

Tax Info

  • Tax Annual Amount: 4529.0
  • Tax Block: K
  • Tax Book Number: 35963
  • Tax Lot: 7,11
  • Tax Map Number: 87
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 28, 2024
Sold by
Shortlidge Seth L
Bought by
Wooding John C and Cleary Jeanne E
Seller's Agent
Susan Lessard
Portside Real Estate Group
Buyer's Agent
Mary Levanti-Cuellar
RE/MAX Shoreline
List Price
$619,000
Sold Price
$580,000
Premium/Discount to List
-$39,000
-6.3%
Views
28
Current Estimated Value
$621,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,890
Avg. Annual Appreciation
0.90%
Original Mortgage
$464,000
Outstanding Balance
$460,510
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,907
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
Wooding John C $580,000 None Available
Wooding John C $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooding John C $464,000
Closed Wooding John C $464,000
Previous Owner Harris Trudy $162,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $580,000 -6.3% $682 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $619,000 +71.9% $728 / Sq Ft
09/09/2019 09/09/19 Sold $360,000 -12.0% $444 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $409,000 -- $505 / 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 $5,494 $366,000 $163,900 $202,100
2023 $4,529 $314,300 $163,900 $150,400
2022 $4,278 $314,300 $163,900 $150,400
2021 $4,083 $314,300 $163,900 $150,400
2020 $6,019 $258,200 $206,300 $51,900
2019 $6,019 $258,200 $206,300 $51,900
2018 $5,590 $258,200 $206,300 $51,900
2017 $5,590 $258,200 $206,300 $51,900
2016 $5,451 $258,200 $206,300 $51,900
2015 $5,327 $258,200 $206,300 $51,900
2014 $5,164 $258,200 $206,300 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1590321

Maine Listings

APN: PTLD-000087-000000-K007001