NOT LISTED FOR SALE

5 Partners Ln Cushing, ME 04563

Estimated Value: $969,000

3 Beds
3.5 Baths
3,200 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $1,550,000 $484 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $6,015/month

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Colonial Architecture
  • 500 Feet of Waterfront
  • Finished Room Over Garage
  • Fireplace in Primary Bedroom

About This Home

As of September 2021

Near the end of the Cushing peninsula, just after the Farnsworth Museum's Olsen House immortalized in Andrew Wyeth's ''Christina's World'' painting you will find this 3BR/3.5B waterfront home with 5 fireplaces, a deep water dock and a gorgeous 32x29 ''Yacht Club'' with sauna and spacious deck. The perfect setting for entertaining large family gatherings with incredible water views!

Last Listed By

Leslie Tranchell

Legacy Properties Sotheby's International Realty Listed on: 06/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,178

Year Built

  • Built in 1972

Lot Details

  • 2.02 Acre Lot
  • 500 Feet of Waterfront
  • Ocean Front
  • Dirt Road
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is zoned Res Shoreland

Parking

  • 2 Car Direct Access Garage
  • Finished Room Over Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Den
  • Unfinished Basement
  • Interior Basement Entry
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Secondary Bathroom Soaking Tub
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number CUSH-000026-000000-000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,178

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Road Surface Type: Gravel
  • Water Body Name: Penobscot Bay
  • Co List Office Mls Id: 2499
  • Co List Office Phone: 207-230-1003
  • MLS Status: Closed
  • Directions: From Route One in Thomaston -- River Road to Pleasant Point Road to Hawthorne Point Road to the Olson House. First Left after Olson House is Partners Lane.
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.02
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3200.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Soaking Tub17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 500.0
  • Water Info:Water Frontage Owned -: 500.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Quartz: Yes
  • Amenities:Furniture Included: Yes
  • Bedroom 1 Amenities:Wood Burning Fireplace: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Washer/Dryer Other Location: Yes
  • Recreational Water:Boat Mooring: Yes
  • Room Features:Separate Shower17: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Dining Room Amenities:Formal: Yes
  • Living Room Amenities:Formal2: Yes
  • Den Amenities:Built-Ins7: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Primary Bedroom Amenities:Skylight4: Yes
  • Room Features:Above Garage28: Yes
  • Primary Bedroom Amenities:Wood Burning Fireplace15: Yes
  • Primary Bedroom Amenities:Above Garage7: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Bedroom 1 Amenities:Separate Shower: Yes
  • Bedroom 1 Amenities:Soaking Tub: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 5
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 5
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Furniture Included, Attic, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87991.2
  • Parcel #: CUSH-000026-000000-000016
  • Zoning: Res Shoreland

Tax Info

  • Tax Annual Amount: 16178.22
  • Tax Book Number: 5258
  • Tax Lot: 16
  • Tax Map Number: 26
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 21, 2021
Sold by
Partners Lane Llc
Bought by
Paul Z Okean Ret and Okean
Seller's Agent
Leslie Tranchell
Legacy Properties Sotheby's International Realty
Buyer's Agent
Susan Shapiro-Laidlaw
The New England Real Estate Company, LLC
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Total Days on Market
0
Current Estimated Value
$969,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$581,000
Avg. Annual Appreciation
-12.17%

Purchase Details

Closed on
Nov 29, 2018
Sold by
Partners Lane Llc
Bought by
Partners Barn Llc

Purchase Details

Listed on
Aug 24, 2016
Closed on
Jan 31, 2018
Sold by
Fornell Richard H
Bought by
Partners Lane Llc
Seller's Agent
George Wheelwright
Legacy Properties Sotheby's International Realty
Buyer's Agent
Leslie Tranchell
Legacy Properties Sotheby's International Realty
List Price
$1,495,000
Sold Price
$900,000
Premium/Discount to List
-$595,000
-39.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Aug 8, 2016
Sold by
Ray J G
Bought by
James G Ray Jr Ret and Ray

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
Paul Z Okean Ret -- None Available
Paul Z Okean Ret -- None Available
Partners Barn Llc -- --
Partners Barn Llc -- --
Partners Lane Llc -- --
Partners Lane Llc -- --
James G Ray Jr Ret -- --
James G Ray Jr Ret -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $1,550,000 -8.6% $484 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,695,000 +88.3% $530 / Sq Ft
01/31/2018 01/31/18 Sold $900,000 -39.8% $281 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
08/24/2016 08/24/16 For Sale $1,495,000 -- $467 / 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 $7,713 $717,510 $640,200 $77,310
2023 $9,938 $621,150 $578,750 $42,400
2022 $9,628 $621,150 $578,750 $42,400
2021 $16,075 $1,030,460 $578,750 $451,710
2020 $16,178 $1,030,460 $578,750 $451,710
2019 $15,045 $1,030,460 $578,750 $451,710
2018 $1,260 $1,139,270 $590,020 $549,250
2017 $17,514 $1,347,200 $590,020 $757,180
2016 $37,100 $2,853,850 $869,180 $1,984,670
2015 $35,102 $2,853,850 $869,180 $1,984,670
2014 $32,249 $2,853,850 $869,180 $1,984,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496333

Maine Listings

APN: CUSH-000026-000000-000016