Seller's Agent in 2023
Mandy Wheeler
U&R Real Estate
(207) 333-1050
1 in this area
266 Total Sales
31 Elizabeth St Peaks Island, ME 04108
Peaks Island NeighborhoodEstimated Value: $773,000 - $864,044
3
Beds
1.5
Baths
1,584
Sq Ft
$506/Sq Ft
Est. Value
Highlights
- Ocean Front
- Public Beach
- Deck
- Nearby Water Access
- Island Location
- Property is near public transit
About This Home
As of September 2023What a special find! Gorgeous, year round Peaks Island bungalow that is only .4 miles from the ferry terminal! Come experience the true magic that island living offers in this stunning, roomy 3 bedroom, 1.5 bath home. With 2nd floor peekaboo water views, conservation land across the street for ultimate tranquility, a large deck, and a nice fenced in backyard, this is a spot many dream of. Sellers have made many updates including installing heat pumps, updating the paint throughout, and extensive updates to the basement with potential for adding more finished square footage. Located in the most convenient location on a quiet road, it's only a 5 minute walk to the beach, or a 7 minute walk to the ferry/grocery store/restaurants. This is an incredibly unique opportunity to own such a beautiful piece of history on one of the most coveted islands in Maine. To view a full video walk through tour, head over to YouTube and type in the property address. Thanks for viewing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,046
Year Built
- Built in 1915
Lot Details
- 5,227 Sq Ft Lot
- Ocean Front
- Public Beach
- Landscaped
- Property is zoned IR2
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- New Englander Architecture
- Bungalow
- Gambrel Roof
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,584 Sq Ft Home
- 1 Fireplace
- Living Room
- Dining Room
- Home Office
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Deep Water Access
- Deck
- Porch
Location
- Property is near public transit
- Island Location
Utilities
- Cooling Available
- Heating System Uses Wood
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 28 / Z
- Assessor Parcel Number PTLD-000087-Z000028-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Sep 21, 2023
Sold by
Matzell Katherine and Frederick Adam
Bought by
Claro Lee P and Claro Elena I
Seller's Agent
Mandy Wheeler
U&R Real Estate
Buyer's Agent
Elizabeth Dubois
EXP Realty
List Price
$695,000
Sold Price
$735,000
Premium/Discount to List
$40,000
5.76%
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
$67,185
Avg. Annual Appreciation
3.53%
Purchase Details
Closed on
Mar 31, 2021
Sold by
Meharg Kristin R and Meharg Robert J
Bought by
Frederick Adam and Matzell Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,750
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 22, 2016
Sold by
Meharg Robert J
Bought by
Meharg Kristin R and Meharg 3Rd Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2007
Sold by
Vittoria Charneco Ret and Charneco
Bought by
Meharg Robert J and Craig Colleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Claro Lee P | $735,000 | None Available | |
| Frederick Adam | -- | None Available | |
| Meharg Kristin R | -- | -- | |
| Meharg Robert J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Frederick Adam | $460,750 | |
| Previous Owner | Meharg Kristin R | $150,000 | |
| Previous Owner | Meharg Robert J | $236,000 | |
| Previous Owner | Meharg Robert J | $265,000 | |
| Previous Owner | Meharg Robert J | $270,000 | |
| Previous Owner | Meharg Robert J | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2023 09/21/23 | Sold | $735,000 | +5.8% | $464 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $695,000 | -- | $439 / Sq Ft |
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 | $6,938 | $462,200 | $135,200 | $327,000 |
| 2023 | $6,433 | $446,400 | $135,200 | $311,200 |
| 2022 | $6,046 | $444,200 | $135,200 | $309,000 |
| 2021 | $5,770 | $444,200 | $135,200 | $309,000 |
| 2020 | $6,865 | $294,500 | $160,300 | $134,200 |
| 2019 | $6,865 | $294,500 | $160,300 | $134,200 |
| 2018 | $6,376 | $294,500 | $160,300 | $134,200 |
| 2017 | $6,376 | $294,500 | $160,300 | $134,200 |
| 2016 | $6,217 | $294,500 | $160,300 | $134,200 |
| 2015 | $6,076 | $294,500 | $160,300 | $134,200 |
| 2014 | $5,890 | $294,500 | $160,300 | $134,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2023
Elizabeth Dubois
EXP Realty
(207) 671-8279
1 in this area
36 Total Sales
Map
Source: Maine Listings
MLS Number: 1569004
APN: PTLD-000087-000000-Z028001
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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