NOT LISTED FOR SALE

704 State Highway 3 Bar Harbor, ME 04609

Estimated Value: $781,000 - $877,000

-- Bed
3 Baths
2,088 Sq Ft
$389/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $425,000 $204 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,827/month

931 Days on Market

Highlights

  • Nearby Water Access
  • 3.58 Acre Lot
  • Contemporary Architecture
  • Conners-Emerson School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2018

Great investment property! Three unit with solid rental history. First floor has a 1 bedroom unit and a two bedroom unit while 2nd floor has a 2 bedroom unit. Two car garage with 2nd story shop and additional storage building. Located on 6 acres, there is room to expand!

Last Agent to Sell the Property

Erin Leonardi

Portside Real Estate Group Listed on: 07/27/2015

Co-Listed By

Erica Brooks

Portside Real Estate Group

Last Buyer's Agent

William Burnett

The Knowles Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,717

Year Built

  • Built in 1999

Lot Details

  • 3.58 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot

Home Design

  • 2,088 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 040-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,717

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.58
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 1428
  • Co List Office Phone: 207-288-5818
  • MLS Status: Closed
  • Directions: Route 3 in Salisbury Cove between Bayview Drive and Ledgewood.
  • Above Grade Finished Sq Ft: 2088.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.58
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2088.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Composition, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 155944.8
  • Parcel #: 999999
  • Zoning: Salisbury Cove Rural

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5717.0
  • Tax Book Number: 2523
  • Tax Lot: 040-016
  • Tax Map Number: 207
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 7, 2018
Sold by
Roy Little Llc
Bought by
Bakalian Norma K
Seller's Agent
Erin Leonardi
Portside Real Estate Group
Buyer's Agent
William Burnett
The Knowles Company
List Price
$350,000
Sold Price
$425,000
Premium/Discount to List
$75,000
21.43%
Current Estimated Value
$811,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,570
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Heartwood Builders Llc
Bought by
Miele Michael
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bakalian Norma K -- --
Miele Michael -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $425,000 +21.4% $204 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
06/18/2015 06/18/15 For Sale $350,000 -- $168 / 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 $6,285 $626,000 $269,600 $356,400
2023 $5,435 $626,200 $269,800 $356,400
2022 $4,939 $529,900 $228,300 $301,600
2021 $4,701 $482,600 $207,500 $275,100
2020 $6,395 $537,400 $185,600 $351,800
2019 $6,304 $532,000 $183,700 $348,300
2018 $6,150 $532,000 $183,700 $348,300
2017 $5,831 $532,000 $183,700 $348,300
2016 $5,717 $532,800 $183,700 $349,100
2015 $7,588 $716,500 $367,400 $349,100
2014 $5,445 $532,800 $0 $0
2012 $3,806 $386,800 $37,700 $349,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1223954

Maine Listings

APN: 207 041 000