NOT LISTED FOR SALE

5 Loon Ln Mount Desert, ME 04660

Estimated Value: $7,536,000

9 Beds
6 Baths
8,694 Sq Ft
$867/Sq Ft Est. Value

About This Home

This home is located at 5 Loon Ln, Mount Desert, ME 04660 and is currently estimated at $7,536,000, approximately $866 per square foot. 5 Loon Ln is a home with nearby schools including Mt Desert Elementary School and Mt. Desert Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Thomas Timothy
Bought by
Thomas Ft and Wells Fargo Bank Na Tr
Current Estimated Value
$7,536,000

Purchase Details

Closed on
May 9, 2016
Sold by
Thomas Ft
Bought by
Thomas Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$688,573
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Thomas Ft -- --
Thomas Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Timothy $850,000
Source: Public Records

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 $16,072 $1,728,200 $372,400 $1,355,800
2023 $14,528 $1,666,100 $310,300 $1,355,800
2022 $13,395 $1,666,100 $310,300 $1,355,800
2021 $9,242 $1,120,200 $285,900 $834,300
2020 $8,939 $1,120,200 $285,900 $834,300
2019 $8,906 $1,120,200 $285,900 $834,300
2018 $8,592 $1,120,200 $285,900 $834,300
2017 $8,312 $1,120,200 $285,900 $834,300
2016 $8,144 $1,120,200 $285,900 $834,300
Source: Public Records

Map

Maine Hancock County Mount Desert 04609

5 Loon Ln, Mount Desert, ME

This home is located at 5 Loon Ln, Mount Desert, ME 04660 and is currently estimated at $7,536,000, approximately $866 per square foot. 5 Loon Ln is a home with nearby schools including Mt Desert Elementary School and Mt. Desert Island High School.

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