$512,500
SOLD NOV 2, 2018

7 Penobscot Ave Camden, ME 04843

2 Beds
2.5 Baths
1,868 Sq Ft
0.45 Acres

Recently Sold

$274 Per Sq Ft

21% Above List Price

102 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Wooded Lot
  • Camden-Rockport Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of July 2022

If LOCATION continues to be a driving component of value, then this 2+ bedroom ranch with its manageable back deck and yard epitomizes the upside potential from living right within the village. Update and renovate this home to secure your foothold in town. Separate abutting building lot may also be purchased.

Last Agent to Sell the Property

George Wheelwright

Legacy Properties Sotheby's International Realty Listed on: 06/07/2018

Last Buyer's Agent

George Wheelwright

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1979

Lot Details

  • 0.45 Acre Lot
  • Property Fronts a Bay or Harbor
  • Wooded Lot
  • Property is zoned Village

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,868 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 7PenobscotAveCamden04843

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,491

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Water Body Name: Camden Harbor nearby
  • MLS Status: Closed
  • Directions: Located between Chestnut and Bay View Streets in Camden
  • Above Grade Finished Sq Ft: 1868.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1979
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1868.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Office:Office: Yes
  • Recreational Water:Nearby: Yes
  • Site:Wooded: Yes
  • Den:Den: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Bedroom w/Bath
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Wooded, Near Town
  • Waterfront Features: Harbor
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 7PenobscotAveCamden04843
  • Zoning: Village

Tax Info

  • Tax Annual Amount: 6491.0
  • Tax Book Number: 3292
  • Tax Lot: 35
  • Tax Map Number: 126
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 18, 2022
Sold by
Mortlock David H and Mortlock Samantha E
Bought by
Lam Lyh P and Bailey Stuart M
Seller's Agent
George Wheelwright
Legacy Properties Sotheby's International Realty
Buyer's Agent
Lewis Wheelwright
LandVest, Inc.
List Price
$945,000
Sold Price
$945,000
Current Estimated Value
$1,115,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,438
Avg. Annual Appreciation
4.43%
Original Mortgage
$648,000
Outstanding Balance
$620,938
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,072

Purchase Details

Listed on
Jun 7, 2018
Closed on
Nov 2, 2018
Sold by
Sirchio Wendy M and Sirchio John K
Bought by
Mortlock Samantha E and Mortlock 3Rd David H
Seller's Agent
George Wheelwright
Legacy Properties Sotheby's International Realty
Buyer's Agent
George Wheelwright
RE/MAX JARET & COHN
List Price
$425,000
Sold Price
$512,500
Premium/Discount to List
$87,500
20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Original Mortgage
$406,500
Interest Rate
4.6%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $945,000 None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 Purchase Money Mortgage
Previous Owner $493,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $406,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $945,000 0.0% $411 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $945,000 +84.4% $411 / Sq Ft
11/02/2018 11/02/18 Sold $512,500 +20.6% $274 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $425,000 -- $228 / 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 $8,887 $846,400 $499,400 $347,000
2023 $6,333 $458,900 $316,900 $142,000
2022 $6,057 $458,900 $316,900 $142,000
2021 $6,473 $421,700 $288,700 $133,000
2020 $6,338 $421,700 $288,700 $133,000
2019 $6,288 $421,700 $288,700 $133,000
2018 $6,671 $448,300 $287,100 $161,200
2017 $6,491 $451,400 $287,100 $164,300
2016 $6,086 $390,400 $239,100 $151,300
2015 $5,907 $390,400 $239,100 $151,300
2014 $5,633 $390,400 $239,100 $151,300
2013 $5,481 $390,400 $239,100 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1354653

Maine Listings

APN: CAMD-000126-000035