NOT LISTED FOR SALE

328 S Lubec Rd Lubec, ME 04652

Estimated Value: $394,000 - $406,192

3 Beds
1.5 Baths
1,415 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $350,000 $247 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,518/month

Highlights

  • 165 Feet of Waterfront
  • No HOA
  • Pasture
  • Wood Flooring
  • Living Room
  • Forced Air Heating System

About This Home

As of March 2023

This cottage was built as a general store and residence circa 1892. If the light was on over the etched double doors, the store was open. It includes 2.5 +/- acres with 160+/- feet of sandy ocean frontage. This home has 3 bedrooms, 1.5 bathrooms and a spacious living room to accommodate family and friends. The original beadboard walls with high ceilings offer the perfect place to display your photos and art. An addition in the back of the home offers plenty of storage. The gently sloping path passes through wild flowers and blueberries to a sandy beach that extends all the way to town. A rustic cedar shed near the shore stores wood for fires on the beach. From the shed deck you can enjoy sweeping panoramic views of town, the bridge to Campobello Island, West Quoddy Head State Park, and Grand Manan. A perfect spot to enjoy a sunset, a sunrise, the sound of the waves, or relax and watch the seals shine with silver glints as they bask on the ledges. In years past, the cottage was popular seasonal rental. This home could be utilized as a residence, store front, gallery, income property, or to live in while you build your dream home on the water's edge – the possibilities are left to your desires!

Last Agent to Sell the Property

Shayna Smart

Bold Coast Properties Listed on: 02/18/2023

Last Buyer's Agent

Karen Eldridge

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1892

Lot Details

  • 2.5 Acre Lot
  • 165 Feet of Waterfront
  • Ocean Front
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,415 Sq Ft Home
  • Living Room
  • Dining Room
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Farming

  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number LUBE-000023-000000-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,043

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Surface Type: Paved
  • Water Body Name: Lubec Channel/Quoddy Narrows
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1415.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1892
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1415.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 165.0
  • Water Info:Water Frontage Owned -: 165.0
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Rural
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: LUBE-000023-000000-000003
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2043.0
  • Tax Book Number: 4798
  • Tax Lot: 3
  • Tax Map Number: 23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 8, 2023
Sold by
Janice R Barnett T
Bought by
Rodriguez Zoe and Williams Alan
Seller's Agent
Shayna Smart
Bold Coast Properties
Buyer's Agent
Karen Eldridge
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$400,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,548
Avg. Annual Appreciation
5.10%
Original Mortgage
$280,000
Outstanding Balance
$272,770
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,946
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
Rodriguez Zoe $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Zoe $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $350,000 -12.3% $247 / Sq Ft
02/18/2023 02/18/23 For Sale $399,000 -- $282 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
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 $4,030 $212,100 $107,100 $105,000
2023 $3,266 $212,095 $107,140 $104,955
2022 $2,043 $84,388 $45,415 $38,973
2021 $1,916 $84,388 $45,415 $38,973
2020 $1,099 $84,388 $45,415 $38,973
2019 $1,099 $84,388 $45,415 $38,973
2018 $1,078 $84,388 $45,415 $38,973
2017 $3,829 $84,388 $45,415 $38,973
2016 $1,749 $84,388 $45,415 $38,973
2014 $1,752 $84,388 $45,415 $38,973
2013 $1,646 $84,388 $45,415 $38,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1552619

Maine Listings

APN: LUBE-000023-000000-000003