NOT LISTED FOR SALE

396 Friendship Long Island Friendship, ME 04547

Estimated Value: $695,000 - $899,477

4 Beds
1.5 Baths
2,000 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $685,000 $342 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,189/month

49 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 13 Acre Lot
  • Cape Cod Architecture
  • 1,000 Feet of Waterfront
  • Island Location
  • Wooded Lot

About This Home

As of November 2022

Friendship Long Island historic waterfront home. This classic 1789 Cape was restored from the sills to the roof in 2006. Custom cabinets, built-in bench seats, skylights and granite countertops give the new kitchen a modern and airy feel although the home retains its historic character. Set back on a small bluff, this solid home is surrounded on two sides by water. This island property will provide a family with generations of memories: clambakes and sailing in the summer, hikes along island trails in the fall, snowshoeing in the winter, spring migration bird watching. Need more space? A charming waterfront artist's studio is ready for restoration. Plus, there is a separate (not adjacent) 9-acre wooded lot on the island included in this offering. Furnished. Generator included; property is wired for solar (solar panel system currently not functioning); septic and well installed.

Last Agent to Sell the Property

Kim Newby

Lash Realty Group Listed on: 09/12/2022

Last Buyer's Agent

Bobbi Young

Coldwell Banker SoundVest Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,113

Year Built

  • Built in 1789

Lot Details

  • 13 Acre Lot
  • 1,000 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Off Grid Property
  • Seasonal Access to Property
  • Landscaped
  • Wooded Lot
  • Property is zoned Island

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Stove
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Shower Only

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Power Generator
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Green energy is off-grid
  • Island Location

Community Details

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

Listing and Financial Details

  • Tax Lot 036, 10
  • Assessor Parcel Number 396FriendshipLongIslandFriendship04547

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,113

Year Built

Built in 1789

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.0
  • Water Body Name: Muscongus Bay
  • MLS Status: Closed
  • Directions: There are no bridges to Friendship Long Island. Access is by private boat only from Friendship harbor. Contact listing agent.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1789
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 412.5
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 13.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 1000.0
  • Water Info:Water Frontage Owned -: 1000.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Parking:No Parking: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: Yes
  • Equipment:Generator: Yes
  • Washer/Dryer Other Location: Yes
  • Electric:Off Grid: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Friendship Long Island historic waterfront home. This classic 1789 Cape was restored from the sills to the roof in 2006. Custom cabinets, built-in bench seats, skylights and granite countertops give the new kitchen a modern and airy feel although the home retains its historic character. Set back on a small bluff, this solid home is surrounded on two sides by water. This island property will provide a family with generations of memories: clambakes and sailing in the summer, hikes along island trails in the fall, snowshoeing in the winter, spring migration bird watching. Need more space? A charming waterfront artist's studio is ready for restoration. Plus, there is a separate (not adjacent) 9-acre wooded lot on the island included in this offering. Furnished. Generator included; property is wired for solar (solar panel system currently not functioning); septic and well installed.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Shower
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Landscaped, Wooded, Other
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Other Electric, Circuit Breakers, Off Grid
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 566280.0
  • Parcel #: 396FriendshipLongIslandFriendship04547
  • Zoning: Island

Tax Info

  • Tax Annual Amount: 7112.64
  • Tax Lot: 036, 10
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 28, 2022
Sold by
Byrne Thomas M and Rock Donna
Bought by
Simmons Jeromy and Simmons Ramona A
Seller's Agent
Kim Newby
Lash Realty Group
Buyer's Agent
Bobbi Young
Coldwell Banker SoundVest Properties
List Price
$825,000
Sold Price
$685,000
Premium/Discount to List
-$140,000
-16.97%
Views
1
Current Estimated Value
$828,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,869
Avg. Annual Appreciation
6.36%
Original Mortgage
$485,000
Outstanding Balance
$468,238
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,631
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simmons Jeromy $685,000 None Available
Simmons Jeromy $685,000 None Available
Simmons Jeromy $685,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Jeromy $485,000
Closed Simmons Jeromy $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $685,000 -17.0% $343 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $825,000 -- $413 / 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
2019 $6,061 $518,000 $266,500 $251,500
2018 $2,467 $591,400 $280,000 $311,400
2017 $2,398 $591,400 $280,000 $311,400
2016 $5,796 $591,400 $280,000 $311,400
2015 $6,206 $630,100 $318,700 $311,400
2014 $6,175 $630,100 $318,700 $311,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1542756

Maine Listings

APN: FRIE-000216-000000-000036