NOT LISTED FOR SALE

511 Rays Point Rd Milbridge, ME 04658

Estimated Value: $664,000

3 Beds
2 Baths
2,032 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $85,000 $42 Per Sq Ft

Est. 681% increase in value since last sale

Current estimated payment $4,184/month

387 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • In Ground Pool
  • Raised Ranch Architecture
  • 200 Feet of Waterfront
  • Deck
  • Main Floor Bedroom

About This Home

As of January 2015

4 bedroom Raised Ranch with living room, dining room, 2 car garage. This home sits on a lovely 2 acre lot with 200 feet of frontage on Flat Bay. From the sunroom you have an ocean view.

Last Agent to Sell the Property

Sonda Chase

Coldwell Banker American Heritage Listed on: 11/20/2013

Coldwell Banker American Heritage

Last Buyer's Agent

Sonda Chase

Coldwell Banker American Heritage Listed on: 11/20/2013

Coldwell Banker American Heritage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 2 Acre Lot
  • 200 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 15A
  • Assessor Parcel Number 511Ray's Point RoadMilbridg1215A

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Gravel
  • Water Body Name: Flat Bay
  • MLS Status: Closed
  • Directions: From Rt 1A, take Back Bay Road onto Ray's Point Road, home is on right.
  • Above Grade Finished Sq Ft: 1732.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1732.0
  • Property Information:SqFt Finished Below Grade: 300.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Recreational Water:Deeded: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Vehicle Storage:Under: Yes
  • Style:Raised Ranch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300.0
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Rural
  • Pool Features: In Ground
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Wood 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
  • Parking Features: 5 - 10 Spaces, Paved, Underground

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 511Ray's Point RoadMilbridg1215A
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3226.0
  • Tax Book Number: 3227
  • Tax Lot: 15A
  • Tax Map Number: 12
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 16, 2015
Sold by
Fnma
Bought by
Kennedy Cole W
Seller's Agent
Sonda Chase
Coldwell Banker American Heritage
Buyer's Agent
Sonda Chase
Coldwell Banker American Heritage
List Price
$189,900
Sold Price
$85,000
Premium/Discount to List
-$104,900
-55.24%
Current Estimated Value
$664,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,000
Avg. Annual Appreciation
21.01%

Purchase Details

Closed on
Oct 8, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 13, 2006
Sold by
Hussey Richard A and Hussey Terry A
Bought by
Cherry Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kennedy Cole W $89,250 --
Federal National Mortgage Association -- --
Cherry Patrick J -- --
Cherry Patrick J -- --
Cherry Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherry Patrick J $300,000
Previous Owner Cherry Patrick J $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2015 01/07/15 Sold $85,000 -55.2% $42 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $189,900 -- $93 / 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 $3,727 $245,200 $109,800 $135,400
2021 $4,029 $245,200 $109,800 $135,400
2020 $3,710 $245,200 $109,800 $135,400
2019 $4,016 $245,200 $109,800 $135,400
2018 $209 $245,200 $109,800 $135,400
2017 $4,107 $245,200 $109,800 $135,400
2016 $3,454 $219,300 $115,900 $103,400
2015 $3,525 $230,400 $122,000 $108,400
2014 $3,594 $230,400 $122,000 $108,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sonda Chase

    Coldwell Banker American Heritage

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Map

Source: Maine Listings

MLS Number: 1117262

Maine Listings

APN: MILE-000012-000000-000015-A000000

Maine Washington County Milbridge 04658

511 Rays Point Rd, Milbridge, ME

This home is located at 511 Rays Point Rd, Milbridge, ME 04658 since 20 November 2013 and is currently estimated at $664,000, approximately $326 per square foot. This property was built in 1985. 511 Rays Point Rd is a home located in Washington County.

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