$1,700,000
SOLD SEP 30, 2020

5 Penobscot Ln Owls Head, ME 04854

3 Beds
2.5 Baths
4,500 Sq Ft
1.31 Acres

Recently Sold

$378 Per Sq Ft

9% Below List Price

598 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Tennis Courts
  • 300 Feet of Waterfront
  • Public Beach
  • Deck

About This Home

As of July 2022

Located in Ocean Edge, a desirable neighborhood of distinctive homes in Owls Head, this 1.31± acre waterfront property offers exquisite views of Deep Cove with approximately 300± feet of frontage on the Cove. The three-bedroom, two-and-a-half bath residence is a Deck House, a fine, custom, pre-fabricated home with a signature deck-style ceiling and exposed post and beam structure that allows large glass windows to seamlessly integrate the outside with the inside. Constructed in 2003-04, the home is reminiscent of the Frank Lloyd Wright style of architecture and contains Craftsman style details with luxurious materials. There is an integrated three-car garage, large deck, stone patio, and thoughtful landscaping with walking paths interspersed throughout. Ocean Edge is a premier 34±-acre oceanfront development with a small beach, a tennis court, a substantial 75±-foot granite pier with float and moorings open to all residents as part of the common area.

Last Agent to Sell the Property

Joseph Sortwell

LandVest, Inc. Listed on: 01/04/2019

Co-Listed By

Terry Sortwell

LandVest, Inc.

Last Buyer's Agent

Jamie Weymouth

Megunticook Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,808

Year Built

  • Built in 2004

Lot Details

  • 1.31 Acre Lot
  • 300 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1 Fireplace
  • Screened Porch

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Deep Water Access
  • Property Near A Cove
  • Mooring
  • Docks
  • Tennis Courts
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • Ocean Edge Subdivision

Listing and Financial Details

  • Tax Lot 49-3
  • Assessor Parcel Number 5PenobscotLaneOwlsHead04854

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,808

Year Built

Built in 2004

Lot Details

0

HOA Fees

$333 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.31
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Deep Cove, Penobscot Bay
  • Co List Office Mls Id: 1668
  • Co List Office Phone: 207-236-3543
  • MLS Status: Closed
  • Subdivision Name: Ocean Edge
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Contemporary, Other Style
  • Garage Yn: Yes
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.31
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3000.0
  • Property Information:SqFt Finished Below Grade: 1500.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 4000.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 300.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Construction:Post Beam: Yes
  • Equipment:Generator: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Dock: Yes
  • Site:Cul-De-Sac: Yes
  • Recreational Water:Boat Mooring: Yes
  • Amenities:Tennis Court: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Dryer, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1500.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Rolling Slope, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Subdivided
  • View: Scenic
  • Waterfront Features: Cove, Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Clapboard, Post & Beam, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Other, Private

Condo/Co-op/Association

  • Association Fee: 4000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 57063.6
  • Parcel #: 5PenobscotLaneOwlsHead04854
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 11808.0
  • Tax Book Number: 2637
  • Tax Lot: 49-3
  • Tax Map Number: 11
  • Tax Year: 2019

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Commercial
Closed $754,000 Commercial
Closed $100,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $2,525,000 +9.8% $561 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $2,300,000 +35.3% $511 / Sq Ft
09/30/2020 09/30/20 Sold $1,700,000 -9.3% $378 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
01/04/2019 01/04/19 For Sale $1,875,000 -- $417 / 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 $18,653 $1,203,400 $530,600 $672,800
2023 $18,653 $1,203,400 $530,600 $672,800
2022 $15,657 $1,118,390 $445,620 $672,770
2021 $14,763 $1,118,390 $445,620 $672,770
2020 $13,421 $1,118,390 $445,620 $672,770
2019 $12,861 $1,118,390 $445,620 $672,770
2018 $12,023 $1,118,390 $445,620 $672,770
2017 $11,799 $1,118,390 $445,620 $672,770
2016 $11,855 $1,118,390 $445,620 $672,770
2015 $11,743 $1,118,390 $445,620 $672,770
2014 $10,737 $1,118,390 $445,620 $672,770
2013 $10,904 $1,118,390 $445,620 $672,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1401672

Maine Listings

APN: OWLS-000011-000000-000049-000003