NOT LISTED FOR SALE

551 Arrowsic Rd Arrowsic, ME 04530

Arrowsic Neighborhood

Estimated Value: $782,000 - $1,030,022

4 Beds
3.5 Baths
2,924 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $745,000 $255 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,382/month

6 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 5.63 Acre Lot
  • Barn
  • River Front
  • Cape Cod Architecture

About This Home

As of August 2021

One would have to work for years to re-create this idyllic modern homestead boasting one-floor living, a guest house, studio, two-car garage, and generous heated barn complete with workshop, and room for boats, toys, and more! Mature landscaping, intense privacy, marsh and river views, and perfectly sited structures surround an immaculately paved drive. Just move in and enjoy the intimate relationship with nature that this Contemporary Cape inspires. This home is turnkey and Arrowsic is well known as mid-coast Maine's best kept secret! Step out of the kitchen onto an elevated deck and enjoy your meals as the sounds of hummingbirds, songbirds, geese and eagles become your favorite playlist. Marvel all year long over sunset views beyond the marsh from nearly every room of the home and guesthouse! Perennial gardens, vegetable garden & potting shed will delight the gardener in you. This home brings everything to the table.... automatic generator, hot water heat, heat pumps for AC and heat, full, daylight basement, endless storage, 1st floor master suite, office, eat-in kitchen with island, stone fireplace, and even a dog kennel. So close to Five Islands lobster shack, beaches at Reid State Park, Squirrel Point lighthouse, and the Josephine Newman Sanctuary trails, too. Just a short walk to Sewall Pond - boasting some of mid-coast Maine's best freshwater swimming and fishing! Explore the shipbuilding history of the Kennebec River and ecological wonder of the Merrymeeting Bay estuary. Everything is at your back door!

Last Agent to Sell the Property

S. Curtis Fish

Sharon Drake Real Estate, Inc. Brokerage Phone: 207-443-4444 Listed on: 06/03/2021

Last Buyer's Agent

Kathleen Gallant

RE/MAX Riverside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 1993

Lot Details

  • 5.63 Acre Lot
  • River Front
  • Public Beach
  • Rural Setting
  • Fenced
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding
  • Porch

Farming

  • Barn
  • Pasture

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 005 & 6
  • Assessor Parcel Number 551ArrowsicRaodArrowsic04530

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,248

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.63
  • Road Surface Type: Paved
  • Water Body Name: Spinney Marsh
  • MLS Status: Closed
  • Directions: From Route 1, south on Route 127 through Arrowsic to 551 on right.
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1993
  • Attribution Contact: 207-443-4444
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.63
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2600.0
  • Property Information:SqFt Finished Below Grade: 324.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Island2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Office:Office: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Office Amenities:Built-Ins16: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Heated: Yes
  • Equipment:Central Vacuum: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 324.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open Lot, Rolling Slope, Landscaped, Pasture, Near Public Beach, Near Town, Rural
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn, Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached, Heated Garage, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 245242.8
  • Parcel #: 551ArrowsicRaodArrowsic04530
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 4248.0
  • Tax Book Number: 2021R
  • Tax Lot: 005 & 6
  • Tax Map Number: 004
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 31, 2021
Sold by
Susan W Fenn Lt and Nickerson
Bought by
Spalding Mark J and Braestrup Angelica E
Seller's Agent
S. Curtis Fish
Sharon Drake Real Estate, Inc.
Buyer's Agent
Kathleen Gallant
RE/MAX Riverside
List Price
$675,000
Sold Price
$745,000
Premium/Discount to List
$70,000
10.37%
Current Estimated Value
$921,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,341
Avg. Annual Appreciation
5.28%
Original Mortgage
$625,000
Outstanding Balance
$567,855
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$353,486

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 22, 2016
Sold by
Wilson Lawrence A and Wilson Elizabeth J
Bought by
Fenn Susan and Nickerson William
Seller's Agent
Joane Tait
Legacy Properties Sotheby's International Realty
Buyer's Agent
Kelly Bernier
RE/MAX Shoreline
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$348,000
Interest Rate
3.41%
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
Spalding Mark J -- None Available
Spalding Mark J -- None Available
Spalding Mark J -- None Available
Fenn Susan -- --
Fenn Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalding Mark J $625,000
Closed Spalding Mark J $625,000
Previous Owner Fenn Susan $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $745,000 +10.4% $255 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $675,000 +55.2% $231 / Sq Ft
08/18/2016 08/18/16 Sold $435,000 -3.3% $149 / Sq Ft View Prior Sale
06/18/2016 06/18/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $450,000 -- $154 / 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 $6,146 $462,100 $77,000 $385,100
2023 $5,152 $462,100 $77,000 $385,100
2022 $4,829 $462,100 $77,000 $385,100
2021 $4,829 $462,100 $77,000 $385,100
2020 $4,413 $462,100 $77,000 $385,100
2019 $4,344 $462,100 $77,000 $385,100
2018 $4,296 $310,200 $63,800 $246,400
2017 $4,219 $310,200 $63,800 $246,400
2016 $4,160 $310,200 $63,800 $246,400
2015 $3,971 $310,200 $63,800 $246,400
2014 $3,971 $310,200 $63,800 $246,400
2013 $4,002 $310,200 $63,800 $246,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1494432

Maine Listings

APN: ARRO-000004-000000-000005