Seller's Agent in 2025
Peter McPheeters
OceanView Properties
(207) 468-1704
71 Total Sales
7 Basket Island Biddeford, ME 04005
3
Beds
0.5
Bath
1,255
Sq Ft
4,356
Sq Ft Lot
Highlights
- 60 Feet of Waterfront
- Public Beach
- Deck
- Access to Tidal Water
- Island Location
- Wood Flooring
About This Home
As of July 2025Rare opportunity to own a true Maine island cottage! Step back in time and into all the charm and character that this antique waterfront cottage has to offer. Situated on Basket Island in Wood Island Harbor, the cottage can be accessed by boat or by driving across the sandbar at low tide. Gas lamps, weathered shingles and thin curtains billowing in the salty breeze-- if these images spark joy in you, this summer retreat is worth a visit. With a sizeable footprint, there is also plenty of potential to create a modern summer home on this spectacular site.
Please help us respect the quiet and privacy of the other islanders. Showings are strictly by appointment only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,276
Year Built
- Built in 1880
Lot Details
- 4,356 Sq Ft Lot
- 60 Feet of Waterfront
- Ocean Front
- Public Beach
- Seasonal Access to Property
- Open Lot
- Property is zoned CR
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
Interior Spaces
- 1,255 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Crawl Space
Kitchen
- Eat-In Kitchen
- Gas Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 0.5 Bathroom
Outdoor Features
- Access to Tidal Water
- Deck
- Shed
- Porch
Location
- Island Location
Utilities
- No Cooling
- Heating Available
- Electricity Not Available
- Private Water Source
- No Water Heater
- Perc Test On File For Septic Tank
- Septic Needed
- Septic Design Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number BIDD-000010-000000-000007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2025
Closed on
Jul 29, 2025
Sold by
Eastman Gray Cottage Llc
Bought by
Livingston Lori J
Seller's Agent
Peter McPheeters
OceanView Properties
Buyer's Agent
Philippe Bourassa
Maine Real Estate Co
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.64%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $475,000 | -- | |
| Quit Claim Deed | $475,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $475,000 | +5.6% | $378 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $450,000 | -- | $359 / 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 | $5,276 | $371,000 | $339,900 | $31,100 |
| 2023 | $4,852 | $369,800 | $338,700 | $31,100 |
| 2022 | $5,714 | $348,200 | $297,900 | $50,300 |
| 2021 | $5,433 | $298,000 | $254,700 | $43,300 |
| 2020 | $5,586 | $278,600 | $237,500 | $41,100 |
| 2019 | $5,566 | $278,600 | $237,500 | $41,100 |
| 2018 | $5,488 | $278,600 | $237,500 | $41,100 |
| 2017 | $5,592 | $278,600 | $237,500 | $41,100 |
| 2016 | $5,533 | $278,600 | $237,500 | $41,100 |
| 2015 | $5,424 | $278,600 | $237,500 | $41,100 |
| 2014 | $5,291 | $278,600 | $237,500 | $41,100 |
| 2013 | -- | $350,100 | $300,600 | $49,500 |
Source: Public Records
Agents Affiliated with this Home
-
Peter McPheeters
-
Anne McPheeters
Seller Co-Listing Agent in 2025
Anne McPheeters
OceanView Properties
(207) 282-1732
74 Total Sales
-
Philippe Bourassa
Buyer's Agent in 2025
Philippe Bourassa
Maine Real Estate Co
(207) 939-4011
17 Total Sales
Map
Source: Maine Listings
MLS Number: 1623282
APN: BIDD-000010-000000-000007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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