NOT LISTED FOR SALE

501 Rays Point Rd Milbridge, ME 04658

Estimated Value: $550,000 - $749,000

3 Beds
2.5 Baths
2,500 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $600,000 $240 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,277/month

6 Days on Market

Highlights

  • 430 Feet of Waterfront
  • Wooded Lot
  • Main Floor Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2022

This 2,500sqft, 3 bedroom, 2 1/2 bath Custom Built Cap sets high on a bluff overlooking Back Bay and Narraguagus Bay. 6 acres with 430 feet on saltwater. Many custom features including millwork and trim, cupboards, corner refrigerator cabinet with wine storage. Bright kitchen with breakfast nook with water views. Large master bedroom with master bath, walk-in closet, balcony with water view. Living room has large fireplace, home also offers a private study leading into a bright sunroom with bay and mountain views. Full basement, whole house generator, paved drive, 3 miles to village offering all amenities. A truly private and beautiful setting.

Last Listed By

William Moore

Drop Anchor Realty, LLC Listed on: 01/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,350

Year Built

  • Built in 2002

Lot Details

  • 6 Acre Lot
  • 430 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Rural Setting
  • Wooded Lot
  • Property is zoned shoreland

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Water Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15B
  • Assessor Parcel Number 501Ray'sPointRoadMilbridge04658

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,350

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.0
  • Road Surface Type: Paved
  • Water Body Name: Back Bay
  • Ownership: Warranty & Quitclaim
  • MLS Status: Closed
  • Directions: From Milbridge US 1A take right onto Back Bay, travel 4 miles property is on right. Sign is up
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 6.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 430.0
  • Water Info:Water Frontage Owned -: 430.0
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Laundry Room:Laundry Room: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 37/MSAD 37

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 261360.0
  • Parcel #: 501Ray'sPointRoadMilbridge04658
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 6350.0
  • Tax Book Number: 4413
  • Tax Lot: 15B
  • Tax Map Number: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Mar 2, 2022
Sold by
Sondey Charles S and Sondey Judith E
Bought by
Kuhns David H and Lerwick Patricia A
Seller's Agent
William Moore
Drop Anchor Realty, LLC
Buyer's Agent
Aaron Currier
The Christopher Group, LLC
List Price
$495,000
Sold Price
$600,000
Premium/Discount to List
$105,000
21.21%
Total Days on Market
6
Current Estimated Value
$650,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,903
Avg. Annual Appreciation
2.33%
Original Mortgage
$500,000
Outstanding Balance
$471,921
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,326

Purchase Details

Listed on
Mar 15, 2017
Closed on
Nov 6, 2017
Sold by
Babbitt James M
Bought by
Sondey Judith E and Sondey Charles S
Seller's Agent
Keryn Smith
Acadia Realty Group
Buyer's Agent
Keryn Smith
Acadia Realty Group
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Range of Values:

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Average Value
Not Available
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
Kuhns David H $600,000 None Available
Sondey Judith E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhns David H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $600,000 +21.2% $240 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $495,000 +27.2% $198 / Sq Ft
11/01/2017 11/01/17 Sold $389,000 0.0% $134 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $389,000 -- $134 / 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
2022 $5,875 $386,500 $164,300 $222,200
2021 $6,350 $386,500 $164,300 $222,200
2020 $5,848 $386,500 $164,300 $222,200
2019 $6,331 $386,500 $164,300 $222,200
2018 $6,253 $386,000 $163,800 $222,200
2017 $6,459 $385,600 $163,400 $222,200
2016 $5,719 $363,100 $172,400 $190,700
2015 $5,832 $381,200 $181,500 $199,700
2014 $5,947 $381,200 $181,500 $199,700
Source: Public Records

Agents Affiliated with this Home

  • William Moore

    Seller's Agent in 2022

    William Moore

    Drop Anchor Realty, LLC

    (207) 483-6670

    153 Total Sales

    William Moore
    Section Image

  • A

    Buyer's Agent in 2022

    Aaron Currier

    The Christopher Group, LLC

    (207) 200-1697

    71 Total Sales

    Aaron Currier
    Section Image

  • K

    Seller's Agent in 2017

    Keryn Smith

    Acadia Realty Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1517464

Maine Listings

APN: MILE-000012-000000-000015-B000000

Maine Washington County Milbridge 04658

501 Rays Point Rd, Milbridge, ME

Homes for Sale in Milbridge, ME

This home is located at 501 Rays Point Rd, Milbridge, ME 04658 since 05 January 2022 and is currently estimated at $650,903, approximately $260 per square foot. This property was built in 2002. 501 Rays Point Rd is a home located in Washington County.

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