NOT LISTED FOR SALE

5 Michigan Ave Bar Harbor, ME 04609

Estimated Value: $856,596 - $983,000

4 Beds
3 Baths
2,048 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $545,000 $266 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,172/month

81 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Wood Flooring
  • Conners-Emerson School Rated A
  • Colonial Architecture
  • Main Floor Bedroom

About This Home

As of October 2020

Completely renovated and appointed, this in-town home is turn-key. Spacious living areas with a new cook's kitchen as well as two master suites (one on first floor, one on second) and two additional bedrooms. There are three new tiled baths. The location is very central, across from the elementary and junior high school. The corner lot has been beautifully improved with on site parking and al fresco dining area.

Last Agent to Sell the Property

Kimberly Swan

Portside Real Estate Group Listed on: 05/20/2020

Co-Listed By

Erica Brooks

Portside Real Estate Group

Last Buyer's Agent

Steven Boucher Jr.

Acadia Cornerstone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1928

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Property is zoned Downtown Residential

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 194
  • Assessor Parcel Number BARH-000104-000000-000194

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,421

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1428
  • Co List Office Phone: 207-288-5818
  • MLS Status: Closed
  • Directions: Route 3/Eden Street to Michigan Avenue - parking and driveway are off Route 3/Eden Street between Mount Desert and Michigan Ave.
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1928
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2048.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Location:Near Country Club: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Partial, Not Applicable, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Primary Bedroom w/Bath
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None, Heat Pump
  • Cooling Y N: No
  • Heating: Heat Pump, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: BARH-000104-000000-000194
  • Zoning: Downtown Residential

Tax Info

  • Tax Annual Amount: 3421.1
  • Tax Book Number: 6726
  • Tax Lot: 194
  • Tax Map Number: 104
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Oct 2, 2020
Sold by
5 Michigan Avenue Llc
Bought by
Monson Christopher A and Monson Meaghan C
Seller's Agent
Kimberly Swan
Portside Real Estate Group
Buyer's Agent
Steven Boucher Jr.
Acadia Cornerstone Real Estate, LLC
List Price
$579,000
Sold Price
$545,000
Premium/Discount to List
-$34,000
-5.87%
Current Estimated Value
$842,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,423
Avg. Annual Appreciation
11.45%
Original Mortgage
$490,500
Outstanding Balance
$441,174
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$480,725

Purchase Details

Closed on
Mar 7, 2017
Sold by
Tripp Renee
Bought by
5 Michigan Avenue Llc
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
Monson Christopher A -- None Available
5 Michigan Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monson Christopher A $490,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $545,000 -5.9% $266 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $579,000 -- $283 / 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 $6,708 $668,100 $318,500 $349,600
2023 $5,799 $668,100 $318,500 $349,600
2022 $5,269 $565,300 $269,500 $295,800
2021 $5,005 $513,900 $245,000 $268,900
2020 $3,550 $298,300 $86,500 $211,800
2019 $3,421 $288,700 $85,600 $203,100
2018 $670 $226,100 $85,600 $140,500
2017 $2,478 $226,100 $85,600 $140,500
2016 $2,426 $226,100 $85,600 $140,500
2015 $2,394 $226,100 $85,600 $140,500
2014 $2,311 $226,100 $85,600 $140,500
2012 $2,225 $226,100 $85,600 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452990

Maine Listings

APN: BARH-000104-000000-000194