NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,588,000

3 Beds
2 Baths
1,482 Sq Ft
$966/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $300,000 $202 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $8,259/month

676 Days on Market

Highlights

  • 420 Feet of Waterfront
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Access to Tidal Water
  • Living Room with Fireplace
  • No HOA

About This Home

As of March 2012

Bailey Island - Unique waterfront log home with westerly water frontage on Harpswell Sound and protected gravel beach frontage on Garrison Cove. Detached 2 car garage. Spectacular sunsets, cathedral ceilings, massive stone fireplace, waterview deck.

Last Agent to Sell the Property

Robert Williams

Rob Williams Real Estate Brokers Listed on: 04/01/2010

Last Buyer's Agent

Blaine Carver

Rob Williams Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1980

Lot Details

  • 0.55 Acre Lot
  • 420 Feet of Waterfront
  • Ocean Front
  • Lot Has A Rolling Slope
  • Property is zoned Com Fishing 1

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Pitched Roof
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,482 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Access to Tidal Water
  • Deep Water Access

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 57Garrison Cove RoadHarpswel2545

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,771

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Water Body Name: Merriconeag, Garrison
  • MLS Status: Closed
  • Directions: Route 24 to Bailey Island. Turn right onto Garrison Cove Road. Property is the last house on the left.
  • Above Grade Finished Sq Ft: 1482.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1482.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 420.0
  • Water Info:Water Frontage Owned -: 420.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Vehicle Storage:Heated: Yes
  • Washer/Dryer Other Location: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Partial, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • 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: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Right of Way, Rolling Slope, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle
  • Exterior:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Detached, Heated Garage, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other, Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 57Garrison Cove RoadHarpswel2545
  • Zoning: Com Fishing 1

Tax Info

  • Tax Annual Amount: 2771.0
  • Tax Book Number: 12525
  • Tax Lot: 45
  • Tax Map Number: 25
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2014
Sold by
Macadam James J and Macadam Mary J
Bought by
Flying Lobster Llc
Current Estimated Value
$1,431,897

Purchase Details

Listed on
Apr 1, 2010
Closed on
Apr 3, 2012
Sold by
Cook T
Bought by
Macadam James J and Macadam Mary J
Seller's Agent
Robert Williams
Rob Williams Real Estate Brokers
Buyer's Agent
Blaine Carver
Rob Williams Real Estate Brokers
List Price
$450,000
Sold Price
$300,000
Premium/Discount to List
-$150,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$210,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Flying Lobster Llc -- --
Macadam James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macadam James J $430,000
Previous Owner Macadam James J $475,000
Previous Owner Macadam James J $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $300,000 -33.3% $202 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
04/01/2010 04/01/10 For Sale $450,000 -- $304 / 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 $6,219 $977,800 $389,300 $588,500
2023 $5,965 $977,800 $389,300 $588,500
2022 $5,769 $977,800 $389,300 $588,500
2021 $5,004 $740,300 $293,300 $447,000
2020 $4,990 $740,300 $293,300 $447,000
2019 $4,960 $740,300 $293,300 $447,000
2018 $4,780 $737,600 $290,600 $447,000
2017 $4,765 $737,600 $290,600 $447,000
2016 $4,721 $737,600 $290,600 $447,000
2015 $4,603 $737,600 $290,600 $447,000
2013 $4,263 $737,600 $290,600 $447,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 969054

Maine Listings

APN: HARP-000025-000000-000045