NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,066,000

2 Beds
1.5 Baths
720 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $655,000 $910 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,702/month

141 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 290 Feet of Waterfront
  • Public Beach
  • Horace Mitchell Primary School Rated A-
  • Docks
  • Country Club

About This Home

As of February 2019

Historic Gerrish Island, first settled in 1623 by some of the first seafarers in our area, is home to this charming 2 bedroom/1 bath home. This lovely cottage on the water has been passed down through generations and has been the sight of family fun, joyful moments, and large celebrations including weddings. Over 1 acre and 290 feet of waterfront on Chauncey Creek will allow you to enjoy all that such a location has to offer. Use your dock and float as a launching point for your boat, paddle board, kayak, or canoe. Take a dip on a hot summer day. A wood burning fireplace in the living room will bring warmth and coziness on those chilly Maine days. Enjoy the home as-is or use your imagination and build your dream home on the hill. This expansive lot can accommodate a much larger dwelling than currently exists. It is time for a new family to embrace the delights that this waterfront property has to offer.

Last Listed By

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 08/20/2018

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1952

Lot Details

  • 1.24 Acre Lot
  • 290 Feet of Waterfront
  • River Front
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned R-RLC

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 720 Sq Ft Home
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number KITT-000052-000000-000011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,245

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Road Surface Type: Paved
  • Water Body Name: Chauncey Creek
  • Co List Office Mls Id: 2865
  • Co List Office Phone: 207-475-0999
  • MLS Status: Closed
  • Directions: From York St/US-1 Alt N, turn right onto Lilac Ln/ME-103. Turn left onto Gerrish Island Ln. Turn right onto Pocahontas Rd. #6 is on the right.
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1952
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 290.0
  • Water Info:Water Frontage Owned -: 290.0
  • Recreational Water:Deeded: Yes
  • Site:RollingSloping: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Dock: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range
  • Has Basement: Daylight, Finished, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Golf Course, Near Public Beach, Near Town
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: KITT-000052-000000-000011
  • Zoning: R-RLC

Tax Info

  • Tax Annual Amount: 8245.0
  • Tax Book Number: 1216
  • Tax Lot: 11
  • Tax Map Number: 52
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Feb 1, 2019
Sold by
Raynes Lester M Est
Bought by
Budesheim Andrew and Clements Danielle
Seller's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Heather Feenstra-Kretschmar
RE/MAX Realty Centre
List Price
$725,000
Sold Price
$655,000
Premium/Discount to List
-$70,000
-9.66%
Total Days on Market
141
Current Estimated Value
$887,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,311
Avg. Annual Appreciation
4.97%
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2013
Sold by
Saltus Karen E
Bought by
Karen E Saltus Ret and Saltus Karen E

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
Budesheim Andrew -- --
Karen E Saltus Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budesheim Andrew $406,000
Closed Budesheim Andrew $407,000
Closed Budesheim Andrew $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $655,000 -9.7% $910 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
08/20/2018 08/20/18 For Sale $725,000 -- $1,007 / 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 $9,383 $660,800 $511,500 $149,300
2023 $8,993 $660,800 $511,500 $149,300
2022 $8,908 $660,800 $511,500 $149,300
2021 $8,590 $660,800 $511,500 $149,300
2020 $8,524 $660,800 $511,500 $149,300
2019 $8,695 $499,700 $383,300 $116,400
2018 $8,395 $499,700 $383,300 $116,400
2017 $8,245 $499,700 $383,300 $116,400
2016 $8,036 $500,700 $383,300 $117,400
2015 $7,846 $500,700 $383,300 $117,400
2014 $7,771 $500,700 $383,300 $117,400
2013 $7,621 $500,700 $383,300 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1361639

Maine Listings

APN: KITT-000052-000000-000011