NOT LISTED FOR SALE

866 Princes Point Rd Yarmouth, ME 04096

Estimated Value: $1,173,000 - $1,407,000

6 Beds
4 Baths
3,158 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $560,000 $177 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,122/month

406 Days on Market

Highlights

  • Ocean Front
  • Docks
  • Wood Flooring
  • William H. Rowe School Rated A-
  • Deep Water Access
  • 1 Fireplace

About This Home

As of December 2018

Excellent Investment Potential! Incredible opportunity to enjoy ocean views each morning while living in this quaint seaside community. Bring your ideas to customize this shingle style home. One of the first on Princes Point (1885), this quintessential cottage offers endless possibilities with 6 bedrooms, 3+ bathrooms, two 3 season porches & Whitman designed addition. Open living room, pellet stove, and new 2nd floor bathroom. Third floor could be transformed into master en-suite with large closets, & stunning views. Runners, walkers & bikers will all enjoy the quiet roads and amazing sunsets in this neighborhood. Get ready to kayak, paddle board or boat steps away from your front door. Eligible to join the Princes Point Association, which allows access to deep water dock.

Last Agent to Sell the Property

Heather Shields

Legacy Properties Sotheby's International Realty Listed on: 10/04/2017

Legacy Properties Sotheby's International Realty

Co-Listed By

Kristina Keaney

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Wendy Harmon

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,972

Year Built

  • Built in 1885

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • Street terminates at a dead end
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 3,158 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deep Water Access
  • Docks

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 016
  • Assessor Parcel Number 866princespointroadyarmouth04096

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,972

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • Co List Office Phone: 207-780-8900
  • MLS Status: Closed
  • Directions: Gilman Rd to Princes Point. Follow Princes Point to the end of the point and bear left at fork in the road. #866 will be on your right.
  • Above Grade Finished Sq Ft: 3158.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • Year Built: 1885
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 213.74
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3158.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 1.0
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Mud Room:Mud Room: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Informal: Yes
  • Style:Shingle Style: Yes
  • Sewer:Quasi-Public: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Excellent Investment Potential! Incredible opportunity to enjoy ocean views each morning while living in this quaint seaside community. Bring your ideas to customize this shingle style home. One of the first on Princes Point (1885), this quintessential cottage offers endless possibilities with 6 bedrooms, 3+ bathrooms, two 3 season porches & Whitman designed addition. Open living room, pellet stove, and new 2nd floor bathroom. Third floor could be transformed into master en-suite with large closets, & stunning views. Runners, walkers & bikers will all enjoy the quiet roads and amazing sunsets in this neighborhood. Get ready to kayak, paddle board or boat steps away from your front door. Eligible to join the Princes Point Association, which allows access to deep water dock.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Dishwasher
  • Has Basement: Crawl Space, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 866princespointroadyarmouth04096
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 9972.0
  • Tax Lot: 016
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Dec 26, 2018
Sold by
Thompson Amy A
Bought by
Marcum Vernon W
Seller's Agent
Heather Shields
Legacy Properties Sotheby's International Realty
Buyer's Agent
Wendy Harmon
Keller Williams Realty
List Price
$925,000
Sold Price
$560,000
Premium/Discount to List
-$365,000
-39.46%
Current Estimated Value
$1,305,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,417
Avg. Annual Appreciation
12.95%
Original Mortgage
$420,000
Outstanding Balance
$371,480
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$933,937
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marcum Vernon W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcum Vernon W $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $560,000 -39.5% $177 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $925,000 -- $293 / 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 $15,055 $586,500 $240,400 $346,100
2023 $13,806 $586,500 $240,400 $346,100
2022 $12,680 $586,500 $240,400 $346,100
2021 $11,573 $584,500 $240,400 $344,100
2020 $11,456 $584,500 $240,400 $344,100
2019 $11,024 $584,500 $240,400 $344,100
2018 $10,404 $584,500 $240,400 $344,100
2017 $10,030 $584,500 $240,400 $344,100
2016 $9,972 $584,500 $240,400 $344,100
2015 $7,861 $364,600 $130,700 $233,900
2014 $7,875 $364,600 $130,700 $233,900
2013 $8,021 $364,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1326871

Maine Listings

APN: YMTH-000024-000000-000016