NOT LISTED FOR SALE

7 Terrace Way Stockton Springs, ME 04981

Estimated Value: $47,000 - $116,000

1 Acre
$71,065 Price per Acre
43,560 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $45,000

Est. 58% increase in value since last sale

Current estimated payment $463/month

18 Days on Market

Highlights

  • Water Views
  • Public Beach
  • Corner Lot
  • Nearby Water Access

About This Lot

As of June 2023

Beautiful, surveyed, one acre lot in a private subdivision. This lot offers the best of both worlds with fantastic views of Islesboro, Sears Island and across Penobscot Bay to Castine, Cape Jellison and the Camden Hills and yet provides plenty of privacy being the last lot furthest back in the subdivision. This lot has underground electric to the site and is ready for your Maine House plans !

Last Agent to Sell the Property

Karen Keuper

Dwelling In Maine Listed on: 04/23/2023

Last Buyer's Agent

Joseph Wardwell

The Christopher Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $979

Lot Details

  • 1 Acre Lot
  • Dirt Road
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R3

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Well Required
  • Septic Design Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 96-8
  • Assessor Parcel Number STOS-000004R-000000-000096-000008

Community Details

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$979

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Penobscot Bay
  • MLS Status: Closed
  • Subdivision Name: Yes
  • Directions: From Route 1 in Stockton Springs turn North on to Route 1A. Travel approx 1/2 mile, take right, Oceanview Drive. Take Oceanview to the end and Terrace Lane will be the last road on the left. The lot is on the right, last one at the top of tar.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Location Information:Association Fee: 450.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • Sewer:None4: Yes
  • Water:Well Needed on Site: Yes
  • Utility Info Electric On Site: Yes
  • Electric:Underground: Yes
  • Roads:Dirt: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Near Public Beach, Subdivided
  • View: Scenic
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, 1 - 4 Spaces

Utilities

  • Electric: Underground, On Site
  • Sewer: None, Septic Design Available
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: STOS-000004R-000000-000096-000008
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 979.0
  • Tax Book Number: 4621
  • Tax Lot: 96-8
  • Tax Map Number: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 15, 2023
Sold by
Mcdonnell Jeffrey and Drinkwater Wayne L
Bought by
Murphy Sharon M and Murphy Brad D
Seller's Agent
Karen Keuper
Dwelling In Maine
Buyer's Agent
Joseph Wardwell
The Christopher Group, LLC
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%
Current Estimated Value
$71,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,065
Avg. Annual Appreciation
21.36%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Mar 4, 2021
Sold by
Toste Leyza A and Toste Joseph P
Bought by
Mcdonnell Jeffrey and Drinkwater Wayne L
Seller's Agent
Karen Keuper
Dwelling In Maine
Buyer's Agent
Karen Keuper
Dwelling In Maine
List Price
$44,900
Sold Price
$41,500
Premium/Discount to List
-$3,400
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy Sharon M -- None Available
Mcdonnell Jeffrey -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $45,000 -6.3% --
05/11/2023 05/11/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $48,000 +15.7% --
03/12/2021 03/12/21 Sold $41,500 -7.6% -- View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
08/21/2020 08/21/20 For Sale $44,900 -- --
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 $623 $37,500 $37,500 $0
2023 $1,066 $48,000 $48,000 $0
2022 $979 $48,000 $48,000 $0
2021 $974 $48,000 $48,000 $0
2020 $989 $48,000 $48,000 $0
2019 $974 $48,000 $48,000 $0
2018 $970 $48,000 $48,000 $0
2017 $984 $48,000 $48,000 $0
2016 $941 $48,000 $48,000 $0
2015 $910 $48,000 $48,000 $0
2014 $1,247 $64,800 $64,800 $0
2013 $1,166 $64,800 $64,800 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Keuper

    Dwelling In Maine

    (207) 505-8360

    27 Total Sales

    Karen Keuper
    Section Image

  • J

    Buyer's Agent in 2023

    Joseph Wardwell

    The Christopher Group, LLC

    (207) 356-7117

    75 Total Sales

    Joseph Wardwell
    Section Image
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Map

Source: Maine Listings

MLS Number: 1556854

Maine Listings

APN: STOS-000004R-000000-000096-000008

Maine Waldo County Stockton Springs 04981

7 Terrace Way, Stockton Springs, ME

This home is located at 7 Terrace Way, Stockton Springs, ME 04981 since 23 April 2023 and is currently estimated at $71,065. 7 Terrace Way is a home located in Waldo County.

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