NOT LISTED FOR SALE

393 Main St Unit 1 Southwest Harbor, ME 04679

Estimated Value: $290,000 - $473,921

2 Beds
2 Baths
900 Sq Ft
$179/mo HOA Fee

Last Sold November 03, 2021

Last sale price $225,000 $250 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,425/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Granite Countertops
  • Pemetic Elementary School Rated A-
  • Deck
  • 4-minute walk to Playground

About This Home

As of November 2021

Recently renovated 2 BR, 2 Bath condo in the heart of Southwest Harbor. This condo was completely renovated in 2019/2020 with a new kitchen, all new appliances and new floors. Walking distance to all shops and restaurants in Southwest Harbor. Enjoy a peaceful vacation getaway or use it as an investment property. Excellent rental history and can be sold fully furnished.

Last Listed By

Carl Lusby

Sargent Real Estate Listed on: 08/27/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1920

Lot Details

  • Property Fronts a Bay or Harbor
  • Open Lot

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Water Views
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Community Details

  • 5 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 78-1
  • Assessor Parcel Number SOUR-000003-000000-000078-000001

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,881

Year Built

Built in 1920

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Southwest Harbor
  • MLS Status: Closed
  • Directions: Main Street Southwest Harbor (ME Route 102) between Clark Point and the Marina. Park around back... first level entry
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 900.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 179.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 5
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Laundry Room:Laundry Room: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Condominium:_pound_ of Buildings: 1
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: Basement
  • Kitchen Kitchen Level: Basement
  • Living Room Living Room Level: Basement
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Shopping
  • Waterfront Features: Harbor
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 179.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: AOS 98

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: SOUR-000003-000000-000078-000001
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 1881.0
  • Tax Book Number: 6935
  • Tax Lot: 78-1
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 3, 2021
Sold by
Urmston Andrea L and Urmston Donald S
Bought by
393 Main Llc
Seller's Agent
Carl Lusby
Sargent Real Estate
Buyer's Agent
Joshua Shelton
Acadia Realty Group
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Total Days on Market
3
Current Estimated Value
$364,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,730
Avg. Annual Appreciation
14.75%
Original Mortgage
$180,000
Outstanding Balance
$166,085
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,645

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 30, 2019
Sold by
Ww Wood Properties Llc
Bought by
Urmston Donald S and Urmston Andrea L
Seller's Agent
Steven Shelton
Acadia Realty Group
Buyer's Agent
Steven Shelton
Acadia Realty Group
List Price
$139,000
Sold Price
$138,000
Premium/Discount to List
-$1,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$103,475
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2008
Sold by
Harbor Hights Dev Llc
Bought by
Caughey Lucinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,180
Interest Rate
6.47%
Mortgage Type
FHA

Range of Values:

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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
393 Main Llc -- None Available
Urmston Donald S -- --
Caughey Lucinda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 393 Main Llc $50,000
Open 393 Main Llc $180,000
Previous Owner Urmston Donald S $103,475
Previous Owner Village At Oceans End Llc $3,905,000
Previous Owner Village At Oceans End Llc $150,000
Previous Owner Village At Oceans End Llc $162,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $225,000 -1.7% $250 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $229,000 +65.9% $254 / Sq Ft
01/31/2019 01/31/19 Sold $138,000 -0.7% $153 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $139,000 -- $154 / 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 $2,692 $298,500 $125,000 $173,500
2023 $2,125 $130,700 $75,000 $55,700
2022 $1,921 $130,700 $75,000 $55,700
2021 $1,916 $130,700 $75,000 $55,700
2020 $1,881 $130,700 $75,000 $55,700
2019 $1,823 $130,700 $75,000 $55,700
2018 $1,780 $130,700 $75,000 $55,700
2017 $1,681 $130,700 $75,000 $55,700
2016 $1,681 $130,700 $75,000 $55,700
2015 $1,681 $130,700 $75,000 $55,700
2014 $1,681 $130,700 $75,000 $55,700
2013 $1,681 $130,700 $75,000 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506883

Maine Listings

APN: SOUR-000003-000000-000078-000001