NOT LISTED FOR SALE

5 Ledgemere Rd Orrs Island, ME 04066

Harpswell Neighborhood

Estimated Value: $374,740 - $478,000

3 Beds
3 Baths
1,966 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $230,000 $117 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,437/month

175 Days on Market

About This Home

As of March 2018

Rare opportunity to own a three unit rental property on Orr's Island. Great rental history and always easy to rent. Three dedicated heaters, one per unit. three electric meters. Main house is two bedrooms. Attached small apartment has separate entrance and one bedroom. Detached one car garage has a one bedroom apartment over the garage. Two septic systems and two wells. Great location on the island with over an acre of land. All this with a right of way to Gun Point Cove.

Last Agent to Sell the Property

Jon Leaver

Maine Home Realty Listed on: 07/31/2017

Last Buyer's Agent

Ronald Hutchins

Engel & Volkers Casco Bay

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,220

Year Built

1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.15
  • Road Surface Type: Paved
  • Water Body Name: Gun Point Cove
  • MLS Status: Closed
  • Directions: Route 24 south to Ledgemere Road on the left. First property on the left.
  • Above Grade Finished Sq Ft: 1966.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1966.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 72.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Vehicle Storage:Heated: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Sump Pump, Exterior Only
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded, Rural
  • Waterfront Features: Cove
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50094.0
  • Parcel #: HARP-000035-000000-000250
  • Zoning: Interior

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1768.0
  • Tax Book Number: 5028
  • Tax Lot: 250
  • Tax Map Number: 35
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Mar 12, 2018
Sold by
Snyder Richard L and Snyder Faye A
Bought by
Perry Richard
Seller's Agent
Jon Leaver
Maine Home Realty
Buyer's Agent
Ronald Hutchins
Engel & Volkers Casco Bay
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Current Estimated Value
$407,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,775
Avg. Annual Appreciation
8.99%
Original Mortgage
$172,500
Outstanding Balance
$148,314
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$286,545
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
Perry Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Richard $172,500
Previous Owner Snyder Richard $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $230,000 -7.6% $117 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
07/31/2017 07/31/17 For Sale $249,000 -- $127 / 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 $2,220 $349,000 $103,100 $245,900
2023 $2,129 $349,000 $103,100 $245,900
2022 $2,059 $349,000 $103,100 $245,900
2021 $1,850 $273,700 $85,300 $188,400
2020 $1,844 $273,600 $85,300 $188,300
2019 $1,833 $273,600 $85,300 $188,300
2018 $1,773 $273,600 $85,300 $188,300
2017 $1,767 $273,600 $85,300 $188,300
2016 $1,468 $229,300 $85,300 $144,000
2015 $1,431 $229,300 $85,300 $144,000
2013 $1,325 $229,300 $85,300 $144,000
Source: Public Records

Agents Affiliated with this Home

  • Jon Leaver

    Seller's Agent in 2018

    Jon Leaver

    Maine Home Realty

    (207) 891-7593

    2 in this area

    70 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    Ronald Hutchins

    Engel & Volkers Casco Bay

See All Agents

Map

Source: Maine Listings

MLS Number: 1319842

Maine Listings

APN: HARP-000035-000000-000250

Maine Cumberland County Orrs Island 04066 Harpswell

5 Ledgemere Rd, Orrs Island, ME

This home is located at 5 Ledgemere Rd, Orrs Island, ME 04066 since 31 July 2017 and is currently estimated at $409,580, approximately $208 per square foot. This property was built in 1960. 5 Ledgemere Rd is a home located in Cumberland County with nearby schools including Mt Ararat High School.

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