NOT LISTED FOR SALE

5 Summer St Bar Harbor, ME 04609

Estimated Value: $770,000 - $897,000

3 Beds
3 Baths
1,960 Sq Ft
$435/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $720,000 $367 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,924/month

89 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Conners-Emerson School Rated A
  • Deck
  • New Englander Architecture

About This Home

As of October 2022

This well cared for in town home offers many amenities and the attached studio apartment presents options not typically found in a single family home. Numerous upgrades and improvements and the convenient location are only the beginning. A great opportunity to own your own home and rent out part to have most of your mortgage paid for you!

Last Agent to Sell the Property

Jeffrey Miller

Coastal Maine Realty,LLC Listed on: 09/02/2022

Co-Listed By

Laura Levin

Coastal Maine Realty,LLC

Last Buyer's Agent

Veena Gaines

Acadia Cornerstone Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 1902

Lot Details

  • 2,178 Sq Ft Lot
  • Public Beach
  • Fenced
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 046
  • Assessor Parcel Number BARH-000104-000000-000046

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,624
  • Gross Income $42,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,263

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2923
  • Co List Office Phone: 207-664-3355
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Tankless Water Heater, High Efficiency Water Heater, Double Pane Windows
  • Building Stories: 2
  • Year Built: 1902
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1960.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Water Heater:Tankless: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 42740.0
  • Income Expenses Operating Expenses: 11624.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Amenities:In-Law Apartment: Yes
  • Style:New Englander: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Composition, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 2178.0
  • Parcel #: BARH-000104-000000-000046
  • Zoning: downtown residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42740.0
  • Annual Operating Expense: 11624.0

Tax Info

  • Tax Annual Amount: 3263.0
  • Tax Book Number: 4633
  • Tax Lot: 046
  • Tax Map Number: 104
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 31, 2022
Sold by
Oneil Brandley A and Oneil Margaret
Bought by
Tipsy Farm Rentals Llc
Seller's Agent
Jeffrey Miller
Coastal Maine Realty,LLC
Buyer's Agent
Veena Gaines
Acadia Cornerstone Real Estate, LLC
List Price
$739,000
Sold Price
$720,000
Premium/Discount to List
-$19,000
-2.57%
Current Estimated Value
$808,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,080
Avg. Annual Appreciation
6.28%
Original Mortgage
$576,000
Outstanding Balance
$558,217
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,162

Purchase Details

Closed on
Nov 8, 2006
Sold by
Silk John H
Bought by
Oneil Bradley A and Onell Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7%
Mortgage Type
Unknown
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
Tipsy Farm Rentals Llc -- None Available
Oneil Bradley A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipsy Farm Rentals Llc $576,000
Previous Owner Oneil Bradley A $255,000
Previous Owner Oneil Bradley A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $720,000 -2.6% $367 / Sq Ft
07/28/2022 07/28/22 For Sale $739,000 -- $377 / 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 $5,988 $596,400 $351,800 $244,600
2023 $5,177 $596,400 $351,800 $244,600
2022 $4,704 $504,700 $297,700 $207,000
2021 $4,468 $458,700 $270,600 $188,100
2020 $3,263 $274,200 $105,400 $168,800
2019 $3,218 $271,600 $104,400 $167,200
2018 $3,140 $271,600 $104,400 $167,200
2017 $2,977 $271,600 $104,400 $167,200
2016 $2,914 $271,600 $104,400 $167,200
2015 $3,982 $376,000 $208,800 $167,200
2014 $2,776 $271,600 $0 $0
2012 $2,673 $271,600 $104,400 $167,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1538095

Maine Listings

APN: BARH-000104-000000-000046