NOT LISTED FOR SALE

Estimated Value: $723,311 - $756,000

2 Beds
2 Baths
850 Sq Ft
$870/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $553,000 $651 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,331/month

6 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deep Water Access
  • Cathedral Ceiling
  • Georgetown Central School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of October 2021

Deep water with sweeping sunset views. This neat & tidy cottage offers unexpected privacy on an elevated lot and dock/mooring potential.
Located just minutes from open ocean by boat and a few miles to one of Maines most popular beaches by car, you'll enjoy the boating, hiking, and swimming opportunities during the day and taking in a colorful sunset from the porch in the summer or warmed by the fireplace on the cooler evenings. This cottage is heated, so weekends in the offseason are an option here too. This property features an open floor plan with cathederal ceilings delivering spacious and sunny living areas and with 2 bedrooms (each with a bath) with a loft, this an attractive seasonal rental property as well.

Last Agent to Sell the Property

Bruce Davis

Engel & Volkers Casco Bay Listed on: 09/15/2021

Engel & Volkers Casco Bay

Last Buyer's Agent

Michael DePesa

Sharon Drake Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1988

Lot Details

  • 0.61 Acre Lot
  • 150 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Street terminates at a dead end
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned shoreline

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Bedroom Suite
  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deep Water Access
  • Balcony
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 290marrtownrdgeorgetown04568

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,152

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.61
  • Road Surface Type: Paved
  • Water Body Name: Atkins Bay
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 850.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.61
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 850.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Suite17: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Room Features:BalconyDeck17: Yes
  • Basement Entry:Exterior Only: Yes
  • Loft:Loft: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Crawl Space, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Rural
  • View: Scenic
  • Waterfront Features: Bay, Ocean, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26571.6
  • Parcel #: 290marrtownrdgeorgetown04568
  • Zoning: shoreline

Tax Info

  • Tax Annual Amount: 3151.71
  • Tax Book Number: 1636
  • Tax Lot: 41
  • Tax Map Number: 05R
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 29, 2021
Sold by
Reed Ft and Reed
Bought by
Mcnamara John and Mcnamara Kathleen
Seller's Agent
Bruce Davis
Engel & Volkers Casco Bay
Buyer's Agent
Michael DePesa
Sharon Drake Real Estate, Inc.
List Price
$449,000
Sold Price
$553,000
Premium/Discount to List
$104,000
23.16%
Current Estimated Value
$739,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,656
Avg. Annual Appreciation
10.11%
Original Mortgage
$442,400
Outstanding Balance
$406,913
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,587
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
Mcnamara John -- None Available
Mcnamara John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara John $442,400
Closed Mcnamara John $442,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $553,000 +23.2% $651 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $449,000 -- $528 / 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 $4,678 $777,000 $695,600 $81,400
2023 $3,886 $398,600 $351,300 $47,300
2022 $3,440 $389,100 $351,300 $37,800
2021 $3,210 $389,100 $351,300 $37,800
2020 $3,152 $389,100 $351,300 $37,800
2019 $3,035 $389,100 $351,300 $37,800
2018 $2,996 $389,100 $351,300 $37,800
2017 $2,977 $389,100 $351,300 $37,800
2016 $2,977 $389,100 $351,300 $37,800
2015 $2,872 $389,100 $351,300 $37,800
2014 $2,872 $389,100 $351,300 $37,800
2013 $2,763 $389,100 $351,300 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1508902

Maine Listings

APN: GEON-000005R-000000-000041