NOT LISTED FOR SALE

297 Phillips Way Ellsworth, ME 04605

Estimated Value: $66,000 - $87,000

4.48 Acres
$17,076 Price per Acre
195,149 Sq Ft Lot

Last Sold September 16, 2019

Last sale price $159,000

Current estimated payment $422/month

424 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Lot Has A Rolling Slope
  • 100 Feet of Waterfront
  • Wooded Lot
  • Near Conservation Area

About This Lot

As of September 2019

On the sunset side of Branch Lake, this waterfront home site provides the opportunity to build the Branch home or camp you've been searching for. Offering consists of 2 lots, totaling 4.48 acres. Lakefront lot is .46 acres with 100' of deep water frontage lined with beautiful granite boulders. Across Phillips Way, back lot is 4.02 acres with multiple 4 bedroom soils tests done. Back lot abuts 285 acres of city owned land making for a wilderness setting. Build your home on the lake and install septic, well and extra structures you may desire on the back lot. Established neighborhood provides an excellent 4 season private road for a reasonable annual fee. Partially clear & level building site is already in place. Lakefront lot is full of mature forest supplying a private green screen from the neighbors in place on both sides. Perfectly flat giant granite boulder on the shore provides an ideal spot to site your dock & enjoy exceptional sunsets. Look for green flagging to access lake lot.

Last Agent to Sell the Property

Ryan Swanson

Pemetic Purveyors Brokerage Phone: 207-667-7355 Listed on: 07/01/2018

Last Buyer's Agent

Cindi Eaton

The Island Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,238

Lot Details

  • 4.48 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned DW/DP/Shoreland

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Mountain

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed

Listing and Financial Details

  • Tax Lot 20 & 45
  • Assessor Parcel Number ELLH-000082-000020

Community Details

Overview

  • Phillips Beach Road Assoc. Subdivision
  • The community has rules related to deed restrictions
  • Near Conservation Area

Recreation

  • Deeded Waterfront Access Rights
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,238

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.48
  • Road Surface Type: Gravel
  • Water Body Name: Branch Lake
  • MLS Status: Closed
  • Subdivision Name: Phillips Beach Road Assoc.
  • Directions: From Ellsworth take Rt. 1A towards Bangor. Left onto Branch Pond Rd. Left onto Phillips Way, just before orchard. Take Phillips Way to #297 on right. Lake lot is just past 297. Inland lot is across from lake lot & 297. Enter lake lot only @ green flagging
  • Attribution Contact: 207-667-7355
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.48
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Location Information:Association Fee: 75.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • View:Mountain(s): Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Location:Abuts Conservation: Yes
  • Advertising Remarks:Advertising Remarks: *For more info contact Ryan@PemeticPurveyors.com OR 207.667.7355* On the sunset side of Branch Lake, this waterfront home site provides the opportunity to build the Branch home or camp that you've been searching for. Offering consists of 2 lots, totaling 4.48 acres. Lakefront lot is .46 acres with 100' of deep water frontage lined with beautiful granite boulders. Across Phillips Way, back lot is 4.02 acres with multiple 4 bedroom soils tests done. Back lot abuts 285 acres of city land. Build yr home on the lake & install septic, well & extra structures you may desire on the back lot. Four season private road with reasonable annual fee. Partially clear & level building site is already in place. Lakefront lot is full of mature forest that will supply a private green screen from the neighbors in place on both sides. Perfectly flat giant granite boulder on the shore provides an ideal spot to site your dock and enjoy the exceptional sunsets. Look for green flagging to access lake lot.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Abuts Conservation, Rural
  • View: Mountain(s), Scenic, Trees/Woods
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Perc Test On File, Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 195148.8
  • Parcel #: ELLH-000082-000020
  • Zoning: DW/DP/Shoreland

Tax Info

  • Tax Annual Amount: 1238.0
  • Tax Lot: 20 & 45
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 12, 2019
Sold by
Hayes Anne M and Hayes Donald S
Bought by
Walch Stephen S
Seller's Agent
Ryan Swanson
Pemetic Purveyors
Buyer's Agent
Cindi Eaton
The Island Agency
List Price
$200,000
Sold Price
$159,000
Premium/Discount to List
-$41,000
-20.5%
Current Estimated Value
$76,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,500
Avg. Annual Appreciation
-10.85%

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 15, 2018
Sold by
Hayes Donald S and Hayes Anne M
Bought by
Williams Holly V and Williams Warren H
Seller's Agent
Ryan Swanson
Pemetic Purveyors
Buyer's Agent
Cindi Eaton
The Island Agency
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-66.28%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Walch Stephen S -- --
Williams Holly V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Holly V $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2019 09/16/19 Sold $159,000 -69.4% --
08/30/2019 08/30/19 Pending -- -- --
08/13/2018 08/13/18 Sold $520,000 +160.0% $259 / Sq Ft View Prior Sale
07/01/2018 07/01/18 For Sale $200,000 -61.9% --
06/25/2018 06/25/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $525,000 -- $262 / 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 $228 $13,090 $13,090 $0
2023 $216 $12,495 $12,495 $0
2022 $940 $12,495 $12,495 $0
2021 $1,028 $11,900 $11,900 $0
2020 $223 $11,900 $11,900 $0
2019 $224 $11,900 $11,900 $0
2018 $217 $11,900 $11,900 $0
2017 $214 $11,900 $11,900 $0
2016 $210 $11,900 $11,900 $0
2015 $211 $11,900 $11,900 $0
2014 $196 $11,900 $11,900 $0
2012 $184 $11,900 $11,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1358433

Maine Listings

APN: ELLH-000082-000020