NOT LISTED FOR SALE

391 Lower Flying Point Rd Freeport, ME 04032

Freeport Neighborhood

Estimated Value: $968,000 - $1,238,813

3 Beds
1.5 Baths
1,408 Sq Ft
$799/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $1,100,000 $781 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,004/month

9 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Docks
  • Deck
  • Mast Landing School Rated A
  • Access to Tidal Water
  • Contemporary Architecture

About This Home

As of September 2023

Welcome to this oceanside year-round cottage on Casco Bay! Located at the mouth of Maquoit Bay and Casco Bay, this delightful home offers breathtaking ocean views from each story, providing a picturesque coastal experience. Situated on a serene waterfront lot with south easterly views of the bay and islands, this contemporary cottage boasts a privately owned dock, allowing you to easily access the bay for boating, fishing, or simply enjoying the tranquil waters. The newly updated kitchen features crisp cabinets, subway tile and sliders to the back deck overlooking the waterfront. Whether you are enjoying nightly meals or hosting guests, the view from the dining room is magical. Textured elements of barnwood siding and brick surrounding the wood burning fireplace offer visual interest in the living room. Upstairs, Douglas Fir wood floors artfully decorate the interior. In the primary bedroom, high ceilings with open beams and an abundance of windows offer a peaceful tree-canopy view with the ocean as your backdrop. With three bedrooms, you'll find ample space for rest and relaxation. The cottage also features one and a half bathrooms, ensuring convenience and comfort for you and your guests. Arborvitae evergreen bushes line the fence and a flagstone path takes you to the water. Whether you're sipping your morning coffee on the dock, watching the sunset from the living room, or dining with loved ones on the deck, the gorgeous ocean views will captivate you at every turn. Cool down at the end of the day and enjoy a refreshing outdoor shower. There's something so calming about taking this experience outdoors - the wind on your skin and a view of beautiful surroundings. In the end, this year-round retreat offers the perfect blend of coastal living and modern amenities, making it an ideal getaway or a permanent residence. Don't miss the opportunity to own this enchanting oceanside home on Casco Bay.

Last Agent to Sell the Property

Heather Shields

Legacy Properties Sotheby's International Realty Listed on: 07/19/2023

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Shannon Hillman

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,770

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Rural Setting
  • Fenced
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned RR2 w/Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,408 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Access to Tidal Water
  • Docks
  • Deck
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Hot Water Heating System
  • Programmable Thermostat
  • Power Generator
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number FPRT-000005A-000077

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,770

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: Ocean
  • MLS Status: Closed
  • Directions: Route 1 to Bow Street which turns into Flying Point Road. Right onto Lower Flying Point to #391 on left.
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Contemporary, Cottage
  • Garage Yn: No
  • Efficiency: Tankless Water Heater, Programmable Thermostat, LED Light Fixtures, High Efficiency Water Heater, Energy Star Appliances, Double Pane Windows
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1408.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Quartz: Yes
  • Equipment:Generator: Yes
  • Recreational Water:Dock: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Basement Entry:Exterior Only: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Rolling Slope, Landscaped, Wooded, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Other, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: FPRT-000005A-000077
  • Zoning: RR2 w/Shoreland

Tax Info

  • Tax Annual Amount: 8770.13
  • Tax Book Number: 34643
  • Tax Lot: 77
  • Tax Map Number: 5A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 8, 2023
Sold by
Mary Shaw Realty Llc
Bought by
Hutton Irena and Hutton David
Seller's Agent
Heather Shields
Legacy Properties Sotheby's International Realty
Buyer's Agent
Shannon Hillman
Portside Real Estate Group
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,125,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,453
Avg. Annual Appreciation
3.46%
Original Mortgage
$700,000
Outstanding Balance
$687,423
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$488,324

Purchase Details

Closed on
Feb 8, 2018
Sold by
Ingwersen Karen C
Bought by
Mary Shaw Realty Llc

Purchase Details

Listed on
Aug 19, 2013
Closed on
Nov 5, 2013
Sold by
Gardner Barbara A and Garner Nigel J
Bought by
Ingwersen Karen C
Seller's Agent
Amy Cartmell
Keller Williams Realty
Buyer's Agent
Heather Shields
Keller Williams Realty
List Price
$529,000
Sold Price
$501,500
Premium/Discount to List
-$27,500
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
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
Hutton Irena $1,100,000 None Available
Mary Shaw Realty Llc -- --
Ingwersen Karen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutton Irena $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,100,000 0.0% $781 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $1,100,000 +119.3% $781 / Sq Ft
11/05/2013 11/05/13 Sold $501,500 -5.2% $356 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $529,000 -- $376 / 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 $10,458 $783,400 $648,000 $135,400
2023 $9,721 $707,000 $589,100 $117,900
2022 $8,769 $642,400 $526,000 $116,400
2021 $8,577 $642,500 $526,000 $116,500
2020 $8,322 $594,400 $487,000 $107,400
2019 $8,037 $562,000 $459,500 $102,500
2018 $7,758 $515,500 $420,500 $95,000
2017 $7,167 $479,400 $388,500 $90,900
2016 $6,898 $436,600 $352,400 $84,200
2015 $6,570 $391,100 $312,000 $79,100
2014 $6,179 $391,100 $312,000 $79,100
2013 $6,213 $392,000 $312,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565849

Maine Listings

APN: FPRT-000005A-000077