NOT LISTED FOR SALE

540 Harrington Rd Pemaquid, ME 04558

Estimated Value: $319,573 - $546,000

-- Bed
4 Baths
2,133 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $245,000 $115 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,369/month

36 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Bristol Consolidated School Rated A
  • Public Beach
  • Wood Flooring

About This Home

As of October 2022

Excellent investment opportunity! Distant water views of the Pemaquid River & upper Pemaquid Harbor. Walk to the Pemaquid Falls Town Landing to fish, swim and carry-in a canoe or kayak. This 4 unit multi-family; consist of (1) an updated studio with deck, (2) a cozy 1 bedroom with private patio/deck, (3) a large 1 bedroom with separate cozy office, and (4) a spacious sunny 2 bedroom. All apartments have newer appliances, windows and individual Rinnai heaters. Amenities include an ample parking area, large side-yard & back-yard with room for vegetable gardens, lawn furniture and quiet enjoyment. With today's workforce housing shortage, this is an ideal property waiting for your creative ideas and updates.

Last Agent to Sell the Property

Bonnie Stone

Drum & Drum Real Estate Inc. Listed on: 07/06/2022

Last Buyer's Agent

William Pike

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,307

Year Built

  • Built in 1890

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Public Beach
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,133 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Storm Doors
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Shower Only

Basement

  • Partial Basement
  • Crawl Space

Parking

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Additional Features

  • Smart Grid Meter
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number BRIL-000013-000000-000018

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $24,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,307

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Water Body Name: Pemaquid Harbor
  • MLS Status: Closed
  • Directions: From Damariscotta, take Bristol Rd to Hanley's Market, bear left onto Route 130 toward Pemaquid Falls, just north of the Bristol School. Turn right onto Harrington Rd; #540 is on the right. Shown by appointment only!
  • Above Grade Finished Sq Ft: 2133.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Efficiency: Storm Doors, Smart Electric Meter, Energy Star Appliances, Double Pane Windows
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2133.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Amenities:Walk-in Closets: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 24840.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Partial, Not Applicable
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Shower, Walk-In Closet(s)
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Rural
  • View: Scenic, Fields
  • Waterfront Features: Harbor, Ocean, River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: 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: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Other, Private

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: AOS 93

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: BRIL-000013-000000-000018
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24840.0

Tax Info

  • Tax Annual Amount: 1307.0
  • Tax Book Number: 5079
  • Tax Lot: 18
  • Tax Map Number: 13
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 19, 2022
Sold by
Bernier Judy A
Bought by
Joyce Sean
Seller's Agent
Bonnie Stone
Drum & Drum Real Estate Inc.
Buyer's Agent
William Pike
Landing Real Estate
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Current Estimated Value
$421,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,893
Avg. Annual Appreciation
19.21%
Original Mortgage
$196,000
Outstanding Balance
$189,806
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,160

Purchase Details

Closed on
Dec 1, 2016
Sold by
Smith Anne L
Bought by
Bernier Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Joyce Sean $245,000 None Available
Bernier Judy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce Sean $196,000
Previous Owner Bernier Judy A $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $245,000 -16.9% $115 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $295,000 -- $138 / 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 $1,694 $190,300 $41,500 $148,800
2023 $1,443 $181,500 $41,500 $140,000
2022 $1,307 $181,500 $41,500 $140,000
2021 $1,307 $181,500 $41,500 $140,000
2020 $1,316 $181,500 $41,500 $140,000
2019 $3,511 $181,500 $41,500 $140,000
2018 $3,408 $181,500 $41,500 $140,000
2017 $1,626 $181,500 $41,500 $140,000
2016 $1,626 $125,100 $25,000 $100,100
2015 $1,057 $125,100 $25,000 $100,100
2014 $988 $125,100 $25,000 $100,100
2013 $963 $125,100 $25,000 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1535341

Maine Listings

APN: BRIL-000013-000000-000018