NOT LISTED FOR SALE

7 Summer St Bucksport, ME 04416

Estimated Value: $148,000 - $282,000

1 Bed
2 Baths
1,322 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $145,000 $110 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,273/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Corner Lot
  • In-Law or Guest Suite

About This Home

As of April 2024

A great place for a family with the Rec center, playground and ball fields right nearby. It features an apartment above the garage to supplement operating expenses. A short walk to downtown. and the river walk. It features a 2 car garage, nicely landscaped yard. Close to schools and hospital. Come and explore what Bucksport has to offer.

Last Agent to Sell the Property

Christopher Jones

Jones Real Estate Agency Listed on: 02/13/2024

Last Buyer's Agent

Hunter Clark

Vylla Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 1,322 Sq Ft Home
  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number BUCT-000033-000000-000079

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,917
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Ellsworth take route 1 to Bucksport at the light proceed straight and head downtown, in an 1/8 of a mile look for Elm St. on your right, turn and follow Elm St. to Summer St. House is on the left just through the intersection.
  • Above Grade Finished Sq Ft: 1322.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 120.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1322.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 19200.0
  • Income Expenses Operating Expenses: 4917.0
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Direct Vent Heater: Yes
  • Amenities:In-Law Apartment: Yes
  • Advertising Remarks:Advertising Remarks: A great place for a family with the Rec center, playground and ball fields right nearby. It features an apartment above the garage to supplement operating expenses. A short walk to downtown. and the river walk. It features a 2 car garage, nicely landscaped yard. Close to schools and hospital. Come and explore what Bucksport has to offer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Exterior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: In-Law Floorplan

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone
  • 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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: BUCT-000033-000000-000079
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Annual Operating Expense: 4917.0

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Lot: 079
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 23, 2024
Sold by
Jones Christopher C
Bought by
Kuhar Glenn E and Kuhar Mary E
Seller's Agent
Christopher Jones
Jones Real Estate Agency
Buyer's Agent
Hunter Clark
Vylla Home
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Views
13
Current Estimated Value
$216,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,896
Avg. Annual Appreciation
28.82%
Original Mortgage
$137,750
Outstanding Balance
$135,436
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,460

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 19, 2018
Sold by
Fnma
Bought by
Jones Harry S
Seller's Agent
David Caliendo
CENTURY 21 Queen City Real Estate
Buyer's Agent
Lisa Overlock
Jones Real Estate Agency
List Price
$54,900
Sold Price
$39,900
Premium/Discount to List
-$15,000
-27.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
May 8, 2017
Sold by
Alley Phyllis E Est and Atwood
Bought by
Fnma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kuhar Glenn E -- None Available
Kuhar Glenn E -- None Available
Jones Harry S $39,900 --
Jones Harry S $39,900 --
Jones Harry S $39,900 --
Fnma -- --
Fnma -- --
Fnma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhar Glenn E $137,750
Closed Kuhar Glenn E $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $145,000 -9.3% $110 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $159,900 +300.8% $121 / Sq Ft
10/16/2018 10/16/18 Sold $39,900 -27.3% $30 / Sq Ft View Prior Sale
10/05/2018 10/05/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $54,900 -- $42 / 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 $1,575 $118,900 $28,290 $90,610
2023 $1,516 $118,900 $28,290 $90,610
2022 $1,075 $63,420 $25,720 $37,700
2021 $1,031 $63,420 $25,720 $37,700
2020 $1,031 $63,420 $25,720 $37,700
2019 $1,034 $63,420 $25,720 $37,700
2018 $1,310 $80,380 $25,720 $54,660
2017 $1,333 $81,310 $27,110 $54,200
2016 $1,342 $81,310 $27,110 $54,200
2015 $1,385 $81,000 $27,000 $54,000
2014 $1,147 $81,313 $27,111 $54,202
2013 $1,103 $81,310 $27,110 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582168

Maine Listings

APN: BUCT-000033-000000-000079