$550,000
SOLD MAY 23, 2016
3 Beds
1 Bath
682 Sq Ft
0.68 Acres

Recently Sold

$806 Per Sq Ft

31% Below List Price

313 Days on Market

Highlights

  • 169 Feet of Waterfront
  • Wood Flooring
  • No HOA
  • William H. Rowe School Rated A-
  • Main Floor Bedroom
  • Cottage

About This Home

As of December 2018

169 feet of owned ocean frontage on Cousins Island! This quaint Cottage features a gas stove, three bedrooms and covered porch with gorgeous ocean views!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 07/27/2015

RE/MAX By The Bay

Last Buyer's Agent

Susan Girouard

L&S Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,963

Year Built

  • Built in 1950

Lot Details

  • 0.68 Acre Lot
  • 169 Feet of Waterfront
  • Ocean Front
  • Dirt Road
  • Street terminates at a dead end
  • Seasonal Access to Property
  • Open Lot
  • Property is zoned 15

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 682 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Private Water Source
  • Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number YMTH-000053-000000-000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,963

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Surface Type: Gravel
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Gilman Road to Cousins Street, turn right onto Madeleine Point Road, turn right onto Hamilton Way continue to number 72 on left.
  • Above Grade Finished Sq Ft: 682.0
  • Architectural Style: Cottage
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.68
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 682.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 169.0
  • Water Info:Water Frontage Owned -: 169.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Washer/Dryer Other Location: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29620.8
  • Parcel #: YMTH-000053-000000-000030
  • Zoning: 15

Tax Info

  • Tax Annual Amount: 9963.0
  • Tax Book Number: 10566
  • Tax Lot: 30
  • Tax Map Number: 53
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 1, 2018
Sold by
Maine Property Inv Inc
Bought by
Bohrmann Braden M and Bohrmann Martha S
Seller's Agent
Linda MacDonald
Legacy Properties Sotheby's International Realty
Buyer's Agent
Karen Reiche
LandVest, Inc.
List Price
$2,495,000
Sold Price
$2,325,000
Premium/Discount to List
-$170,000
-6.81%
Current Estimated Value
$3,096,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,297
Avg. Annual Appreciation
6.23%
Original Mortgage
$1,860,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 24, 2016
Sold by
Garrett Susan H and Hopkinson Matthew H
Bought by
Maine Property Inv Inc
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Susan Girouard
L&S Realty
List Price
$800,000
Sold Price
$550,000
Premium/Discount to List
-$250,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.61%
Original Mortgage
$412,500
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,482,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,860,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,860,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,860,000 Purchase Money Mortgage
Previous Owner $412,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $2,325,000 -6.8% $488 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $2,495,000 +353.6% $523 / Sq Ft
05/23/2016 05/23/16 Sold $550,000 -31.3% $806 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $800,000 -- $1,173 / 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 $40,733 $1,586,800 $553,200 $1,033,600
2023 $37,353 $1,586,800 $553,200 $1,033,600
2022 $34,298 $1,586,400 $553,200 $1,033,200
2021 $31,411 $1,586,400 $553,200 $1,033,200
2020 $31,093 $1,586,400 $553,200 $1,033,200
2019 $38,525 $2,042,700 $553,200 $1,489,500
2018 $12,444 $699,100 $553,200 $145,900
2017 $10,220 $595,600 $553,200 $42,400
2016 $10,161 $595,600 $553,200 $42,400
2015 $9,963 $462,100 $433,600 $28,500
2014 $9,981 $462,100 $433,600 $28,500
2013 $10,166 $462,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1216421

Maine Listings

APN: YMTH-000053-000000-000030