S
Seller's Agent in 2023
Samuel Mitchell
Worth Real Estate, Inc.
(207) 323-1954
41 in this area
98 Total Sales
40 Mayo St Belfast, ME 04915
Estimated Value: $552,000 - $701,532
3
Beds
3
Baths
1,400
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Barn
- Wood Flooring
- 1 Fireplace
- Property Fronts a Bay or Harbor
- New Englander Architecture
- No HOA
About This Home
As of November 2023Popular location where Penobscot Bay is accessible at the base of the street is available at a new price. There is a great room with a large custom stone fireplace and wood floors throughout. Many updates to the original structure including electrical, plumbing, and heating. A generously sized attached barn plus seasonal bonus room and standing height heated basement allow potential for additional living space. Large covered porch connected to the dining room for getting near to the sounds of the bay.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,471
Year Built
- Built in 1870
Lot Details
- 0.35 Acre Lot
- Property Fronts a Bay or Harbor
- Landscaped
- Open Lot
- Property is zoned Residential 1
Parking
- 1 Car Garage
- Driveway
Home Design
- New Englander Architecture
- Farmhouse Style Home
- Wood Frame Construction
- Metal Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 1,400 Sq Ft Home
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Propane
- Radiant Heating System
- Hot Water Heating System
- Well
Additional Features
- City Lot
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 05
- Assessor Parcel Number BELF-000033-000000-000005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Nov 8, 2023
Sold by
Kao Ezra B
Bought by
Wood Benjamin T and Picone Rachel M
Seller's Agent
Samuel Mitchell
Worth Real Estate, Inc.
Buyer's Agent
Jeffrey Walsh
The New England Real Estate Company, LLC
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,133
Avg. Annual Appreciation
8.33%
Original Mortgage
$140,000
Outstanding Balance
$137,468
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$490,665
Purchase Details
Closed on
Apr 2, 2007
Sold by
Warren Judith B
Bought by
Jump Betty M and Jump Roy H
Purchase Details
Closed on
Jul 6, 2006
Sold by
Bakeman Robert E Est and Warren
Bought by
Warren Judith B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wood Benjamin T | -- | None Available | |
| Jump Betty M | -- | -- | |
| Warren Judith B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wood Benjamin T | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2023 11/08/23 | Sold | $540,000 | -8.3% | $386 / Sq Ft | |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- | |
| 09/21/2023 09/21/23 | For Sale | $589,000 | +8.7% | $421 / Sq Ft | |
| 09/02/2020 09/02/20 | Sold | $542,000 | +1.3% | $387 / Sq Ft | View Prior Sale |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- | |
| 08/03/2020 08/03/20 | For Sale | $535,000 | -- | $382 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $8,040 | $522,100 | $182,400 | $339,700 |
| 2023 | $7,471 | $371,700 | $118,300 | $253,400 |
| 2022 | $7,651 | $357,500 | $118,300 | $239,200 |
| 2021 | $7,865 | $357,500 | $118,300 | $239,200 |
| 2020 | $7,393 | $317,300 | $106,500 | $210,800 |
| 2019 | $7,115 | $310,700 | $106,500 | $204,200 |
| 2018 | $7,053 | $310,700 | $106,500 | $204,200 |
| 2017 | $6,804 | $310,700 | $106,500 | $204,200 |
| 2016 | $6,707 | $292,900 | $88,700 | $204,200 |
| 2015 | $6,561 | $292,900 | $88,700 | $204,200 |
| 2014 | $6,341 | $292,900 | $88,700 | $204,200 |
| 2013 | $6,092 | $292,900 | $88,700 | $204,200 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Mitchell
-
Jeffrey Walsh
J
Buyer's Agent in 2023
Jeffrey Walsh
The New England Real Estate Company, LLC
(207) 313-1677
1 in this area
26 Total Sales
-
E
Seller's Agent in 2020
Esther Darres
Maine Country and Coast Real Estate
-
M
Seller Co-Listing Agent in 2020
Maurice Darres
Maine Country and Coast Real Estate
-
Michael Cunning
M
Buyer's Agent in 2020
Michael Cunning
Worth Real Estate, Inc.
(207) 322-5330
36 in this area
52 Total Sales
Map
Source: Maine Listings
MLS Number: 1568514
APN: BELF-000033-000000-000005
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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