$187,000
SOLD MAR 14, 2025

514 Point Rd Hancock, ME 04640

3 Beds
2 Baths
2,854 Sq Ft
2.05 Acres

Recently Sold

$66 Per Sq Ft

37% Below List Price

43 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Barn
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of March 2025

The Watson Homestead is one of the loveliest, and said to be the oldest, of the center chimney capes on the Hancock Point Peninsula. Built in the late 1700's, when they knew how to site houses, this one sits on slightly elevated 2.05 acres with a small field on the southerly line and stately pines, spruces, a few old apple trees on the north side, and surrounded by conservation land. With a good many original details intact, such as original doors and hardware, three interesting wood-burning fireplaces, one in the front parlor, one in the keeping room and one in the back first floor bedroom, the charm has been maintained. A long ell connects the kitchen to a shed and barn, all south facing offering a sunny kitchen with a wood cook stove to gather around in a warm and inviting room. An architectural classic, the house needs considerable work and with meticulous and knowledgeable restoration, it will be the beauty it once was. Near great restaurants, tennis courts, beaches, harbors, some within walking and bike riding distances, this is a fabulous location which also includes the Schoodic branch of Acadia National Park, a half hour away.

Last Agent to Sell the Property

Tacy Ridlon

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: tacyridlon@masiello.com Listed on: 10/03/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Tacy Ridlon

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: tacyridlon@masiello.com Listed on: 10/03/2024

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,695

Lot Details

  • 2.05 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,854 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den
  • Sun or Florida Room
  • Views of Woods
  • Laundry Room
  • Attic

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 014
  • Assessor Parcel Number 514PointRoadHancock04640

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,695

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Follow Rt. 1 east from Ellsworth to the Village of Hancock. Half way through town, turn right onto Point Rd. House is 2 and a half miles down on the left.
  • Above Grade Finished Sq Ft: 2854.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 9999
  • Attribution Contact: tacyridlon@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 2.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2854.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • View:Fields: Yes
  • Utility Info Electric On Site: Yes
  • Site:PastureField: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Primary Bedroom Amenities:Wood Burning Fireplace15: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Dirt Floor, Full, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Pasture, Near Town, Rural
  • View: Fields, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Barn
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 89298.0
  • Parcel #: 514PointRoadHancock04640
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3695.38
  • Tax Book Number: 7302
  • Tax Lot: 014
  • Tax Map Number: 201
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Mar 13, 2025
Sold by
Crabtree Neck Land T
Bought by
Schratwieser John A and Pugh Michael E
Seller's Agent
Tacy Ridlon
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Tacy Ridlon
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$295,000
Sold Price
$187,000
Premium/Discount to List
-$108,000
-36.61%
Views
43
Current Estimated Value
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,000
Avg. Annual Appreciation
1571.21%
Original Mortgage
$186,153
Outstanding Balance
$185,844
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,156

Purchase Details

Closed on
Dec 13, 2023
Sold by
Miller Douglas E
Bought by
Crabtree Neck Land T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2021
Sold by
Nell Mcrea Kramer Irt and Miller
Bought by
Miller Douglas

Purchase Details

Closed on
Sep 13, 2012
Sold by
Nell Mcrea Kramer Irt and Miller
Bought by
Miller Douglas

Purchase Details

Closed on
Jul 19, 2010
Sold by
Lisbeth Kephart King Ret and King
Bought by
King Justin A B
Source: Public Records

Similar Home in Hancock, ME

  • 46 Austin Rd, Hancock, ME 04640

    $200,000

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 46 Austin Rd
    • Hancock, ME

    Tucked away in Hancock, ME, this unique property offers a spacious lot, a large garage/workshop, and endless possibilities for those ready to roll up their sleeves. With plenty of storage, room for equipment, and easy access to the coast, this could be the ideal space for a creative project, business, or full-scale renovation. Property is being sold as-is - bring your vision and make it your own!

    Elias Leland Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- --
Deed -- --
Fiduciary Deed -- --
Fiduciary Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,153 Purchase Money Mortgage
Closed $186,153 Purchase Money Mortgage
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $187,000 -36.6% $66 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $295,000 -- $103 / 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 $3,695 $314,500 $80,100 $234,400
2023 $3,314 $315,600 $81,200 $234,400
2022 $3,310 $315,200 $80,800 $234,400
2021 $3,467 $315,200 $80,800 $234,400
2019 $3,448 $322,200 $80,800 $241,400
2018 $3,551 $322,800 $81,400 $241,400
2017 $3,552 $322,900 $81,500 $241,400
2016 $3,538 $321,600 $80,200 $241,400
2015 $3,329 $321,600 $80,200 $241,400
2014 $3,216 $321,600 $80,200 $241,400
2013 $3,200 $321,600 $80,200 $241,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1605709

Maine Listings

APN: HANK-000201-000000-000014