NOT LISTED FOR SALE

3 Settlers Dr Hancock, ME 04640

Estimated Value: $361,937

-- Bed
3.5 Baths
2,887 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $235,000 $81 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,079/month

122 Days on Market

Highlights

  • View of Trees or Woods
  • Federal Architecture
  • Wood Flooring
  • 2.5 Acre Lot
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of November 2020

PRICE REDUCED by $56,000 on this Hancock Multi-Family Property!! 2-Unit building commercially zoned. Great owner occupy rental or use as in-law. First floor unit recently completed. Not part of road association. First unit has additional rooms that could be used as bedrooms. Furniture included in the 1st floor unit only. Listed as residential also see MLS#1466064.

Last Agent to Sell the Property

Torrey McDonald

Realty of Maine Listed on: 11/13/2020

Realty of Maine

Last Buyer's Agent

Michael Spencer

Acadia Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1994

Lot Details

  • 2.5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Federal Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Furnished
  • Views of Woods
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 3settlersdrivehancock04640

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.5
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Going N on RT. 1 in Hancock past Tideway market~Look for Settlers Drive on left. Take entry road on right, house is first on right.
  • Above Grade Finished Sq Ft: 2062.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 121.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2062.0
  • Property Information:SqFt Finished Below Grade: 825.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 12000.0
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Amenities:Furniture Included: Yes
  • Style:Federal: Yes
  • Amenities:In-Law Apartment: Yes
  • Cooling:AC Units: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: PRICE REDUCED by $56,000 on this Hancock Multi-Family Property!! 2-Unit building commercially zoned. Great owner occupy rental or use as in-law. First floor unit recently completed. Not part of road association. First unit has additional rooms that could be used as bedrooms. Furniture included in the 1st floor unit only. Call Torrey McDonald 207-266-6909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 825.0
  • Flooring: Wood, Laminate
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, In-Law Floorplan
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Wooded, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Fiberglass, Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: 3settlersdrivehancock04640
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0

Tax Info

  • Tax Annual Amount: 2118.0
  • Tax Lot: 61
  • Tax Year: 2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $235,000 -27.7% $81 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $325,000 +100.0% $113 / Sq Ft
04/19/2019 04/19/19 Sold $162,500 -29.3% $98 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
07/17/2017 07/17/17 For Sale $229,900 -- $139 / 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 $2,256 $192,000 $37,500 $154,500
2023 $2,016 $192,000 $37,500 $154,500
2022 $2,016 $192,000 $37,500 $154,500
2021 $2,112 $192,000 $37,500 $154,500
2019 $2,119 $198,000 $37,500 $160,500
2018 $2,178 $198,000 $37,500 $160,500
2017 $2,178 $198,000 $37,500 $160,500
2016 $2,178 $198,000 $37,500 $160,500
2015 $2,049 $198,000 $37,500 $160,500
2014 $1,980 $198,000 $37,500 $160,500
2013 $1,970 $198,000 $37,500 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460136

Maine Listings

APN: HANK-000215-000000-000061