NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,570,000

3 Beds
2.5 Baths
2,625 Sq Ft
$541/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $830,000 $316 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,665/month

118 Days on Market

Highlights

  • Additional Residence on Property
  • 0.93 Acre Lot
  • Contemporary Architecture
  • Property Fronts a Bay or Harbor
  • Deck
  • Wood Flooring

About This Home

As of February 2021

Here's a unique opportunity on Peaks Island: 2 houses - 1 Big, 1 Small on close to 1 acre with wide water views. 341 Island is a 2600 sq ft 3BD 2BA contemporary set back from the street with views of the Bay and Portland.
The second house, a sweet little 2 BD 3 season cottage is at the rear of the property facing Pleasant Ave. Both houses have had significant renovation and updates. What could be better - two for the price of one.

Last Agent to Sell the Property

Jill Keefe

Port Island Realty Listed on: 08/21/2020

Last Buyer's Agent

Rhonda Berg

Harborview Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,890

Year Built

  • Built in 1991

Lot Details

  • 0.93 Acre Lot
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned IR-2

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,625 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Carport
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Additional Features

  • Deck
  • Additional Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / I
  • Assessor Parcel Number PTLD-000087-000000-I001001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,890

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Ferry to Peaks Island. Left off Welch St. to Island Ave. Follow Island to 341. House is on the right. For 108 Pleasant. Follow Island - left on Pleasant just above the school. Stay on Pleasant to 108 on the left
  • Above Grade Finished Sq Ft: 2625.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.93
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2625.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Vehicle Storage:Carport: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Full, Partial, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub
  • Full Basement: Yes
  • 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: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Neighborhood
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Carport, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: PTLD-000087-000000-I001001
  • Zoning: IR-2

Tax Info

  • Tax Annual Amount: 12890.0
  • Tax Block: I
  • Tax Book Number: 34379
  • Tax Lot: 1
  • Tax Map Number: 87
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Feb 12, 2021
Sold by
Fitzgerald Michael T
Bought by
Meharg Robert J and Meharg Kristin R
Seller's Agent
Jill Keefe
Port Island Realty
Buyer's Agent
Rhonda Berg
Harborview Properties, Inc.
List Price
$935,000
Sold Price
$830,000
Premium/Discount to List
-$105,000
-11.23%
Current Estimated Value
$1,389,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,442
Avg. Annual Appreciation
12.61%
Original Mortgage
$498,000
Outstanding Balance
$450,107
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$969,618

Purchase Details

Listed on
Feb 27, 2017
Closed on
Oct 11, 2017
Sold by
Cuthbertson Nancy M and Perzanoski Paul
Bought by
Fitzgerald Michael T
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Cindy Olsen
Keller Williams Realty
List Price
$925,000
Sold Price
$832,500
Premium/Discount to List
-$92,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%

Purchase Details

Closed on
Jul 7, 2014
Sold by
Cuthbertson Nancy M and Perzanoski Paul
Bought by
Cuthbertson Nancy M and Perzanoski Paul
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
Meharg Robert J -- None Available
Meharg Robert J -- None Available
Fitzgerald Michael T -- --
Fitzgerald Michael T -- --
Cuthbertson Nancy M -- --
Cuthbertson Nancy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meharg Robert J $498,000
Closed Meharg Robert J $498,000
Previous Owner Perzanoski Paul $360,000
Previous Owner Perzanoski Paul $86,681
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $830,000 -11.2% $316 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $935,000 +12.3% $356 / Sq Ft
10/11/2017 10/11/17 Sold $832,500 -10.0% $254 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
02/26/2017 02/26/17 For Sale $925,000 -- $282 / 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 $13,141 $875,500 $380,500 $495,000
2023 $11,956 $829,700 $380,500 $449,200
2022 $11,292 $829,700 $380,500 $449,200
2021 $10,740 $826,800 $380,500 $446,300
2020 $12,890 $553,000 $328,500 $224,500
2019 $12,890 $553,000 $328,500 $224,500
2018 $11,565 $553,000 $328,500 $224,500
2017 $11,972 $553,000 $328,500 $224,500
2016 $11,674 $553,000 $328,500 $224,500
2015 $11,408 $553,000 $328,500 $224,500
2014 $11,060 $553,000 $328,500 $224,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1465683

Maine Listings

APN: PTLD-000087-000000-I001001