$57,000
SOLD NOV 18, 2020

75 Covenant Way Sedgwick, ME 04676

3 Beds
1 Bath
1,087 Sq Ft
1.03 Acres

Recently Sold

$52 Per Sq Ft

12% Below List Price

65 Days on Market

Highlights

  • Nearby Water Access
  • Saltbox Architecture
  • Dining Room
  • Wooded Lot
  • Main Floor Bedroom
  • Level Lot

About This Home

As of November 2020

This cozy 3 bedroom home is located on a private lot close to town and shopping. Property includes home & improvements but not the land which is leased by Covenant Community Land Trust. Restricted to low income buyers not to exceed 80% of Hancock County area median income set by HUD. First floor also has a room w/ washer /dryer hookup that could be an additional bedroom if needed.

Last Agent to Sell the Property

Kathy Coogan

Two Rivers Realty, LLC Listed on: 08/13/2020

Last Buyer's Agent

Sara Leighton

Downeast Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1995

Lot Details

  • 1.03 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Land Lease
  • Property is zoned Rural

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Saltbox Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,087 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Formica Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • Covenant Community Land Trust Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 044-10
  • Assessor Parcel Number SEDG-000007-000000-000044-000010-ON

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1995

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Ownership: Deed and Lease
  • MLS Status: Closed
  • Subdivision Name: Covenant Community Land Trust
  • Directions: From Mines Road turn onto Sedgwick Ridge Road and then turn left onto Covenant Way. Property is up about 1.3 mile on right. Sign is up.
  • Above Grade Finished Sq Ft: 1087.0
  • Architectural Style: Saltbox
  • Garage Yn: No
  • Year Built: 1995
  • Location Information:Leased Land: Yes
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1087.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 35.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Saltbox: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Shopping, Near Town, Rural
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Deer Isle-Stonington CSD

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 44866.8
  • Parcel #: SEDG-000007-000000-000044-000010-ON
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 449.0
  • Tax Book Number: 6734
  • Tax Lot: 044-10
  • Tax Map Number: 07
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2013
Sold by
Sedgwick Town Of
Bought by
Dyer David
Current Estimated Value
$274,000
Source: Public Records

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
Not Resolvable -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $57,000 -- --
11/18/2020 11/18/20 Sold $57,000 -12.3% $52 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $65,000 -- $60 / 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 $568 $37,800 $37,800 $0
2023 $533 $37,800 $37,800 $0
2022 $508 $37,800 $37,800 $0
2021 $497 $37,800 $37,800 $0
2020 $513 $37,800 $37,800 $0
2019 $498 $37,800 $37,800 $0
2018 $472 $39,000 $39,000 $0
2017 $454 $39,000 $39,000 $0
2016 $443 $39,000 $39,000 $0
2015 $401 $39,000 $39,000 $0
2014 -- $39,000 $39,000 $0
2013 $432 $42,100 $0 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1464285

Maine Listings

APN: 07-44-12-ON