Seller's Agent in 2023
Michael Lynch
Legacy Properties Sotheby's International Realty
(617) 947-9430
112 Total Sales
293 Drexel Ln Islesboro, ME 04848
Estimated Value: $906,000 - $1,203,000
3
Beds
1.5
Baths
1,730
Sq Ft
$606/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 438 Feet of Waterfront
- Deck
- Islesboro Central School Rated 9+
- Cape Cod Architecture
- Wooded Lot
About This Home
As of June 2023Private waterfront home on Ryders Cove with stunning views out to Penobscot Bay and over Islesboro to the Camden Hills. Spectacular sunsets. This custom built Cape style home is suitable for year round living. There are 3 to 4 bedrooms, 1.5 baths, many windows and doors facing the water, private decks on two levels, outdoor shower, cherry floors, stained glass windows, and exposed wood beams. 6.5 acres. 438 feet of deep water ocean frontage in protected cove. This home has rental income potential as well!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,962
Year Built
- Built in 1992
Lot Details
- 6.5 Acre Lot
- 438 Feet of Waterfront
- Ocean Front
- Property Fronts a Bay or Harbor
- Property fronts a private road
- Dirt Road
- Near Conservation Area
- Street terminates at a dead end
- Lot Has A Rolling Slope
- Wooded Lot
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
- Woods
- Mountain
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,730 Sq Ft Home
- Vaulted Ceiling
- Skylights
- Living Room
- Dining Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Exterior Basement Entry
- Dirt Floor
- Crawl Space
Outdoor Features
- Deeded Waterfront Access Rights
- Access to Tidal Water
- Deep Water Access
- Property Near A Cove
- Balcony
- Deck
Utilities
- Air Conditioning
- Multiple cooling system units
- Forced Air Heating System
- Heating System Uses Oil
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7A
- Assessor Parcel Number ISBR-000026-000000-000007-A000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2023
Closed on
Jun 21, 2023
Sold by
Carey Richard A and Carey Lorraine
Bought by
Frohling Daniel D
Seller's Agent
Michael Lynch
Legacy Properties Sotheby's International Realty
Buyer's Agent
Virginia Hess
LandVest, Inc.
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
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
$49,240
Avg. Annual Appreciation
6.08%
Original Mortgage
$600,000
Outstanding Balance
$589,483
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$527,905
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 |
|---|---|---|---|
| Frohling Daniel D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frohling Daniel D | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2023 06/22/23 | For Sale | $1,200,000 | +20.0% | $694 / Sq Ft |
| 06/21/2023 06/21/23 | Sold | $1,000,000 | -- | $578 / Sq Ft |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- |
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 | $13,808 | $1,160,300 | $926,200 | $234,100 |
| 2023 | $12,763 | $1,160,300 | $926,200 | $234,100 |
| 2022 | $10,962 | $609,000 | $425,600 | $183,400 |
| 2021 | $10,749 | $609,000 | $425,600 | $183,400 |
| 2020 | $10,353 | $609,000 | $425,600 | $183,400 |
| 2019 | $10,140 | $609,000 | $425,600 | $183,400 |
| 2018 | $9,957 | $609,000 | $425,600 | $183,400 |
| 2017 | $9,622 | $609,000 | $425,600 | $183,400 |
| 2016 | $9,586 | $609,000 | $425,600 | $183,400 |
| 2015 | $9,093 | $607,800 | $425,600 | $182,200 |
| 2014 | $8,589 | $708,100 | $495,800 | $212,300 |
| 2012 | $8,320 | $708,100 | $495,800 | $212,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Lynch
-
V
Buyer's Agent in 2023
Virginia Hess
LandVest, Inc.
Map
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Source: Maine Listings
MLS Number: 1550497
APN: ISBR-000026-000000-000007-A000000
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