Seller's Agent in 2023
Mandy Wheeler
U&R Real Estate
(207) 333-1050
7 in this area
271 Total Sales
431 Browns Point Rd Bowdoinham, ME 04008
Estimated Value: $565,000 - $693,000
5
Beds
3
Baths
2,123
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Docks
- Cape Cod Architecture
- 500 Feet of Waterfront
- 3 Acre Lot
- Deck
About This Home
As of December 2023Where the average home on Merrymeeting Bay sells for over $1m, this is an unparalleled opportunity to create your dream home on a grandfathered lot with 500 feet of direct frontage on Merrymeeting Bay. You'd never be able to build this close to the water today! The main house consists of 3 bedrooms, 2 full baths, and the attached in-law apartment has 2 bedrooms and 1 bath. Keep the additional unit to rent out (short or long term would certainly be lucrative with this view!), use for your family, or combine it all into one unit for a spacious single family. With 3 acres of very private land, you have plenty of space to spread out, and your closest neighbors are a family of bald eagles who have a nest on one of the nearby trees. Merrymeeting Bay is one of the most magical bodies of water in Maine as it is where freshwater and saltwater collide, creating the most diverse, plentiful wildlife and nature. Who needs TV when you have this view! Home has deferred maintenance, value is in the grandfathered footprint and lot. Will not take certain types of financing. An excellent opportunity for a builder, investor, or someone with savings to do a big renovation. To view a full video walk through tour, head over to YouTube and search for the property address. Thanks for looking!
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,187
Year Built
- Built in 1970
Lot Details
- 3 Acre Lot
- 500 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned Res/Ag/Shoreland
Home Design
- Cape Cod Architecture
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Rolled or Hot Mop Roof
- Wood Siding
Interior Spaces
- 2,123 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Water Views
Kitchen
- Gas Range
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- In-Law or Guest Suite
- 3 Full Bathrooms
- Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- Paved Parking
Outdoor Features
- Deeded Waterfront Access Rights
- Deep Water Access
- Mooring
- Docks
- Deck
- Outbuilding
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Gas Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 007
- Assessor Parcel Number BOWN-000010-000000-000007R
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2023
Closed on
Dec 12, 2023
Sold by
Kalloch Montgomery and Kalloch Maueen D
Bought by
Hammond James A and Erickson Jennifer C
Seller's Agent
Mandy Wheeler
U&R Real Estate
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%
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
$36,475
Avg. Annual Appreciation
3.87%
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 |
|---|---|---|---|
| Hammond James A | $590,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kalloch Maureen E | $71,561 | |
| Previous Owner | Kalloch Montgomery | $85,000 | |
| Previous Owner | Kalloch Montgomery B | $294,000 | |
| Previous Owner | Kalloch Montgomery | $305,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2023 12/13/23 | Sold | $590,000 | +7.3% | $278 / Sq Ft |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $550,000 | -- | $259 / 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 | $8,266 | $393,600 | $244,400 | $149,200 |
| 2023 | $7,675 | $393,600 | $244,400 | $149,200 |
| 2022 | $6,011 | $332,300 | $203,600 | $128,700 |
| 2021 | $5,639 | $332,300 | $203,600 | $128,700 |
| 2020 | $5,606 | $332,300 | $203,600 | $128,700 |
| 2019 | $5,473 | $332,300 | $203,600 | $128,700 |
| 2018 | $5,330 | $310,800 | $203,600 | $107,200 |
| 2017 | $5,237 | $310,800 | $203,600 | $107,200 |
| 2016 | $5,144 | $310,800 | $203,600 | $107,200 |
| 2015 | $5,113 | $310,800 | $203,600 | $107,200 |
| 2014 | $5,051 | $310,800 | $203,600 | $107,200 |
| 2013 | $4,808 | $312,200 | $203,600 | $108,600 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy Wheeler
-
N
Buyer's Agent in 2023
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1577648
APN: BOWN-000010-000000-000007R
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