NOT LISTED FOR SALE

82 Ridge View Ln Westport Island, ME 04578

Estimated Value: $662,000 - $982,000

3 Beds
2 Baths
2,694 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $290,000 $108 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $5,262/month

156 Days on Market

Highlights

  • 544 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Flooring
  • Access to Tidal Water
  • Wooded Lot
  • Attached Garage

About This Home

As of June 2018

Enjoy sunset views from this beautiful Cape on the edge Montsweag Bay. Very private, nicely landscaped, gently sloping terrain with tidal frontage. Beautiful hardwood floors throughout, attached oversized 2-car garage with artist studio above. First floor living with bedroom and bath downstairs. Is priced way below assessed value.

Last Listed By

Susan Hill

River's Edge Realty Listed on: 12/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 2004

Lot Details

  • 2.98 Acre Lot
  • 544 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,694 Sq Ft Home
  • Water Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • Access to Tidal Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • Westport Island Estate Association Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 25-7
  • Assessor Parcel Number WPRR-000005-000000-000025-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,003

Year Built

Built in 2004

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.98
  • Road Surface Type: Gravel
  • Water Body Name: Montsweag Bay
  • MLS Status: Closed
  • Subdivision Name: Westport Island Estate Association
  • Directions: From Westport bridge go south on Route144 three miles turn right onto Ridge View Lane almost to the end on the left.
  • Above Grade Finished Sq Ft: 2694.0
  • Architectural Style: Cape
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.98
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2694.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 275.0
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 544.0
  • Water Info:Water Frontage Owned -: 423.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Roof:Fiberglass: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Rural, Subdivided
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 129808.8
  • Parcel #: WPRR-000005-000000-000025-000007
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4003.0
  • Tax Book Number: 4424
  • Tax Lot: 25-7
  • Tax Map Number: 5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2019
Sold by
Nowak Derrick R and Odonnell-Nowak Kelly
Bought by
Nowak Russell and Nowak Patricia R
Total Days on Market
156
Current Estimated Value
$876,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jun 29, 2018
Sold by
Wilmington Svgs Fund Soc
Bought by
Nowak Derrick R and Odonell-Nowak Kelly
Seller's Agent
Susan Hill
River's Edge Realty
Buyer's Agent
Miles Geisler
Legacy Properties Sotheby's International Realty
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.70%
Original Mortgage
$232,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2017
Sold by
Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Aug 3, 2011
Sold by
Birch George T
Bought by
Birch Magdalene I and Birch George T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Nowak Russell -- --
Nowak Derrick R $290,000 --
Wilmington Svgs Fund Soc -- --
Wilmington Svgs Fund Soc -- --
Birch Magdalene I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowak Russell $226,000
Closed Nowak Russell $180,000
Previous Owner Nowak Derrick R $232,000
Previous Owner Birch Magdalene I $540,000
Previous Owner Birch George T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $290,000 -17.1% $108 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $350,000 -- $130 / 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
2023 $4,520 $690,013 $414,135 $275,878
2022 $4,694 $565,584 $339,455 $226,129
2021 $4,468 $565,584 $339,455 $226,129
2020 $4,556 $562,448 $339,455 $222,993
2019 $4,153 $555,904 $339,455 $216,449
2018 $3,669 $555,904 $339,455 $216,449
2016 $4,003 $555,904 $339,455 $216,449
2014 $4,913 $654,145 $0 $0
2013 $5,070 $654,145 $483,490 $170,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1334501

Maine Listings

APN: WPRR-000005-000000-000025-000007