Seller's Agent in 2021
Joseph Sortwell
LandVest, Inc.
(207) 236-3543
102 Total Sales
577 Ferry Rd Islesboro, ME 04848
Estimated Value: $1,283,515
3
Beds
2.5
Baths
1,768
Sq Ft
$726/Sq Ft
Est. Value
Highlights
- 2,403 Feet of Waterfront
- Country Club
- Spa
- Islesboro Central School Rated 9+
- Deep Water Access
- 4-minute walk to Warren Island State Park
About This Home
As of February 2021This private oceanfront Shingle-style cottage enjoys spectacular western views across Penobscot Bay to the Camden Hills. Built in 1993, the elegant three-bedroom residence was designed by architect John Silverio and features a light-filled open floor plan centered around an impressive Russian brick fireplace. A classic wraparound porch, a rooftop widow's-walk, and impeccable craftsmanship are among its distinguished details. The surrounding 11.64+/- acres of wooded property includes 2,403+/- feet of shorefront on Penobscot Bay with a private sand and pebble beach and a deep-water mooring. In addition to the main residence, there is also a newly built guest cottage/studio affectionately known as Two Nights, with a one-bedroom apartment on the second level and a two-vehicle garage and large open studio below. Additional 3.58+/- acres of abutting land is being offered separately.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,272
Year Built
- Built in 1992
Lot Details
- 11.64 Acre Lot
- 2,403 Feet of Waterfront
- Ocean Front
- Property Fronts a Bay or Harbor
- Property fronts a private road
- Landscaped
- Wooded Lot
- Property is zoned Shoreland
Parking
- 2 Car Detached Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Mountain
Home Design
- Cottage
- Wood Frame Construction
- Wood Roof
- Shingle Siding
Interior Spaces
- 1,768 Sq Ft Home
- 1 Fireplace
- Wood Flooring
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- In-Law or Guest Suite
Outdoor Features
- Spa
- Deep Water Access
Location
- Property is near golf course
- Island Location
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Hot Water Heating System
- Private Water Source
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 577FerryRoadIslesboroME04848
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2020
Closed on
Feb 15, 2021
Sold by
Periwinkle Associates Llc
Bought by
Swanson James R and Rapier-Swanson Marianne
Seller's Agent
Joseph Sortwell
LandVest, Inc.
Buyer's Agent
William Warren
Warren Realty
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,515
Avg. Annual Appreciation
8.76%
Original Mortgage
$680,000
Outstanding Balance
$607,659
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$675,856
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Swanson James R | -- | None Available | |
| Swanson James R | -- | None Available | |
| Swanson James R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Swanson James R | $680,000 | |
| Closed | Swanson James R | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2021 02/16/21 | Sold | $850,000 | -26.1% | $481 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 08/13/2018 08/13/18 | For Sale | $1,150,000 | -- | $650 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $20,485 | $1,721,400 | $1,154,200 | $567,200 |
| 2023 | $18,935 | $1,721,400 | $1,154,200 | $567,200 |
| 2022 | $19,753 | $1,097,400 | $610,600 | $486,800 |
| 2021 | $19,369 | $1,097,400 | $610,600 | $486,800 |
| 2020 | $18,656 | $1,097,400 | $610,600 | $486,800 |
| 2019 | $18,272 | $1,097,400 | $610,600 | $486,800 |
| 2018 | $17,942 | $1,097,400 | $610,600 | $486,800 |
| 2017 | $17,339 | $1,097,400 | $610,600 | $486,800 |
| 2016 | $17,273 | $1,097,400 | $610,600 | $486,800 |
| 2015 | $16,417 | $1,097,400 | $610,600 | $486,800 |
| 2014 | $15,508 | $1,278,500 | $711,400 | $567,100 |
| 2012 | $15,022 | $1,278,500 | $711,400 | $567,100 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Sortwell
-
William Warren
W
Buyer's Agent in 2021
William Warren
Warren Realty
(207) 734-8857
22 Total Sales
Map
Source: Maine Listings
MLS Number: 1365192
APN: ISBR-000014-000000-000003
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