NOT LISTED FOR SALE

50 Greeley Ave Bar Harbor, ME 04609

Estimated Value: $755,000 - $840,000

4 Beds
3 Baths
1,856 Sq Ft
$425/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $700,000 $377 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,668/month

122 Days on Market

Highlights

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

About This Home

As of September 2022

Three units in downtown Bar Harbor tucked away on quiet side street. . Renovated and well maintained the house has 3 apartments with a first floor 2-bedroom apartment, second floor spacious one bedroom apartment and a third floor studio apartment. Hardwood and tile floors, private decks on the second and third floors with secondary entrance.The property has been actively rented year round. Notice required to show.

Last Agent to Sell the Property

Susan Ferrante-Collier

The Knowles Company Brokerage Phone: 207 276-3322 Listed on: 04/29/2022

Co-Listed By

Beth Ingebritson

The Knowles Company Brokerage Phone: 207 276-3322

Last Buyer's Agent

William Burnett

The Knowles Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,326

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,856 Sq Ft Home
  • Mountain Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number BARH-000104-000000-000249

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,279
  • Gross Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,326

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1454
  • Co List Office Phone: 207-276-3322
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1856.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207 276-3322
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1856.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 22000.0
  • Income Expenses Operating Expenses: 9279.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Driveway:No Driveway: Yes
  • View:Mountain(s): Yes
  • Heat System:Radiator: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Partial, Exterior Only
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water
  • 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: 2613.6
  • Parcel #: BARH-000104-000000-000249
  • Zoning: Downtown Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 22000.0
  • Annual Operating Expense: 9279.0

Tax Info

  • Tax Annual Amount: 4326.0
  • Tax Book Number: 5089
  • Tax Lot: 249
  • Tax Map Number: 104
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 31, 2022
Sold by
Riggi David J
Bought by
Larson Lars T and Larson Raymond A
Seller's Agent
Susan Ferrante-Collier
The Knowles Company
Buyer's Agent
William Burnett
The Knowles Company
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Current Estimated Value
$788,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,667
Avg. Annual Appreciation
3.95%
Original Mortgage
$525,000
Outstanding Balance
$502,719
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,948

Purchase Details

Closed on
Nov 7, 2008
Sold by
Dxd Investments Llc
Bought by
Riggi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.25%
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
Larson Lars T -- None Available
Riggi David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Lars T $525,000
Previous Owner Riggi David $180,000
Previous Owner Riggi David $180,000
Previous Owner Riggi David $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $700,000 -11.9% $377 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $795,000 -- $428 / 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 $5,838 $581,500 $356,200 $225,300
2023 $5,047 $581,500 $356,200 $225,300
2022 $4,585 $492,000 $301,400 $190,600
2021 $4,326 $444,100 $274,000 $170,100
2020 $3,008 $252,800 $85,400 $167,400
2019 $2,966 $250,300 $84,600 $165,700
2018 $2,893 $250,300 $84,600 $165,700
2017 $2,743 $250,300 $84,600 $165,700
2016 $2,686 $250,300 $84,600 $165,700
2015 $2,651 $250,300 $84,600 $165,700
2014 $2,558 $250,300 $84,600 $165,700
2012 $2,463 $250,300 $84,600 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526480

Maine Listings

APN: BARH-000104-000000-000249