NOT LISTED FOR SALE

Estimated Value: $2,104,000 - $3,300,000

4 Beds
3.5 Baths
3,958 Sq Ft
$659/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $1,000,000 $253 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $15,378/month

224 Days on Market

Highlights

  • Additional Residence on Property
  • 319 Feet of Waterfront
  • Public Beach
  • Deeded Waterfront Access Rights
  • Docks
  • Boat Slip

About This Home

As of October 2016

Classic shingle style home located prominently on Bailey Island, less than an hour from Portland. Long ocean and island views combined with deep-water dockage on sheltered Water Cove. Quality main residence of 10 rooms including 4 beds and 3.5 baths with attached garage. Design plans for first floor master bedroom suite. Separate 1 bed and 1.75 baths guest/rental or studio cottage included. Must see property situated on Maine's rugged coastline with established gardens, stone walls and privacy.

Last Agent to Sell the Property

Dennis Duggan

Legacy Properties Sotheby's International Realty Listed on: 01/20/2016

Last Buyer's Agent

Jeanne Parker

RE/MAX Riverside

RE/MAX Riverside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 1900

Lot Details

  • 1.86 Acre Lot
  • 319 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,958 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Screened Porch
  • Attic

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors

Parking

  • Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Boat Slip
  • Docks
  • Deck

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 121

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,264

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.86
  • Water Body Name: Water Cove
  • MLS Status: Closed
  • Directions: Route 24 south. Cross cribstone bridge to Bailey Island, left on Briar Ledge to top of hill, property is located on the left.
  • Above Grade Finished Sq Ft: 3958.0
  • Architectural Style: Cottage, Shingle Style
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Energy Star Appliances, Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.86
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3958.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Heat System:Heat Pump: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 319.0
  • Water Info:Water Frontage Owned -: 319.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Equipment:Generator: Yes
  • Transportation:Deep Water Access: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Dock: Yes
  • Washer/Dryer Other Location: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:Shingle Style: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Recreational Water:Boat Mooring: Yes
  • Recreational Water:Boat Slip: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Attic, Other, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Public Beach, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Patio And Porch Features: Deck, Glass Enclosed, Screened
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Stove, Hot Water, Heat Pump, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 81021.6
  • Parcel #: 999999
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 8264.0
  • Tax Book Number: 20971
  • Tax Lot: 121
  • Tax Map Number: 25
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Oct 31, 2016
Sold by
Blain Laurie A and Blain Edward J
Bought by
Anderson Jeffrey D and Anderson Joan C
Seller's Agent
Dennis Duggan
Legacy Properties Sotheby's International Realty
Buyer's Agent
Jeanne Parker
RE/MAX Riverside
List Price
$1,395,000
Sold Price
$1,000,000
Premium/Discount to List
-$395,000
-28.32%
Current Estimated Value
$2,606,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,766
Avg. Annual Appreciation
10.88%
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2012
Sold by
Blain Laurie A and Blain Edward J
Bought by
Maggies Farm Llc
Source: Public Records

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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 Buyer Sale Price Title Company
Anderson Jeffrey D -- --
Maggies Farm Llc -- --
Anderson Jeffrey D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey D Anderson T D $685,000
Closed Jeffrey D Anderson T D $705,000
Closed Anderson Jeffrey D $750,000
Previous Owner Blain Laurie $585,000
Previous Owner Blain Laurie $484,400
Previous Owner Brian Laurie A $675,000
Previous Owner Brian Laurie A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $1,000,000 -28.3% $253 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $1,395,000 -- $352 / 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 $10,278 $1,616,000 $670,400 $945,600
2023 $9,770 $1,601,700 $670,400 $931,300
2022 $9,450 $1,601,700 $670,400 $931,300
2021 $9,100 $1,346,100 $685,300 $660,800
2020 $9,063 $1,344,700 $685,300 $659,400
2019 $8,455 $1,262,000 $685,300 $576,700
2018 $8,387 $1,294,300 $685,300 $609,000
2017 $8,361 $1,294,300 $685,300 $609,000
2016 $8,734 $1,364,700 $685,300 $679,400
2015 $8,516 $1,364,700 $685,300 $679,400
2013 $7,888 $1,364,700 $685,300 $679,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1248894

Maine Listings

APN: HARP-000025-000000-000121