NOT LISTED FOR SALE

949 Main Rd Islesboro, ME 04848

Estimated Value: $376,000 - $539,837

3 Beds
2 Baths
1,089 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $440,000 $404 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,755/month

215 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1,900 Feet of Waterfront
  • Island Location
  • Islesboro Central School Rated 9+
  • 34.8 Acre Lot
  • Cape Cod Architecture

About This Home

As of July 2021

In recent history known as TLC Farm, this circa 1870 Greek Revival farmhouse, with some original details remaining, is in need of complete renovation.
Meadows and woods, farm pond and easy access to the elevated house sites near the Ryder's Cove water frontage are accessed by existing Lois Lane. Lois Lane, the original woods road, continues through the woods of spruce and pine to the site of Mill Dam located on Mill Cove, which was used as saw and grist mill in the past, however no building remains.
This one of a kind property is suitable for a sub-division with several potential house sites taking advantage of water views and access to both coves as well as numerous suitable uses for a year round use such as family compound, farming, horse farm etc., Or just simply enjoying island living away from it all, but only 20 minutes ferry ride to mainland. Come and see this property with a great potential.

Last Listed By

Jarmila Volena

Lone Pine Real Estate Company Brokerage Email: camden@jaretcohn.com Listed on: 10/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,863

Year Built

  • Built in 1870

Lot Details

  • 34.8 Acre Lot
  • 1,900 Feet of Waterfront
  • Ocean Front
  • Near Conservation Area
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Water
  • Woods

Home Design

  • 1,089 Sq Ft Home
  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access
  • Property Near A Cove
  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course
  • Island Location

Farming

  • Farm
  • Agricultural
  • Pasture

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0020
  • Assessor Parcel Number ISBR-000025-000000-000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,863

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 34.8
  • Road Surface Type: Paved
  • Water Body Name: Ryder's Cove
  • MLS Status: Closed
  • Directions: From Ferry Road onto Main Road, number 949 on the right.
  • Above Grade Finished Sq Ft: 1089.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1870
  • Attribution Contact: camden@jaretcohn.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 34.8
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1089.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 1900.0
  • Water Info:Water Frontage Owned -: 1900.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • View:Fields: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Site:PastureField: Yes
  • Water Info:Island3: Yes
  • Transportation:Deep Water Access: Yes
  • Location:Abuts Conservation: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Farm, Agriculture, Level, Open Lot, Rolling Slope, Wooded, Abuts Conservation, Pasture, Near Golf Course, Rural
  • View: Fields, Trees/Woods
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Inside Entrance

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Radiant, Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1515888.0
  • Parcel #: ISBR-000025-000000-000020
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 6863.0
  • Tax Book Number: 1614
  • Tax Lot: 0020
  • Tax Map Number: 0025
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Jul 21, 2021
Sold by
Cowan James F
Bought by
Spaulding Caitlin and Spaulding Ethan
Seller's Agent
Jarmila Volena
Lone Pine Real Estate Company
Buyer's Agent
Charlotte Horovitz
The New England Real Estate Company, LLC
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Total Days on Market
215
Current Estimated Value
$450,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,459
Avg. Annual Appreciation
12.43%
Original Mortgage
$380,000
Outstanding Balance
$352,433
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,585

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
Spaulding Caitlin -- None Available
Spaulding Caitlin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spaulding Caitlin $380,000
Closed Spaulding Caitlin $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $440,000 -16.2% $404 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $525,000 -- $482 / 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 $3,084 $259,200 $133,900 $125,300
2023 $10,398 $945,300 $820,000 $125,300
2022 $7,407 $411,500 $279,800 $131,700
2021 $7,263 $411,500 $279,800 $131,700
2020 $7,007 $412,200 $280,500 $131,700
2019 $6,863 $412,200 $280,500 $131,700
2018 $6,739 $412,200 $280,500 $131,700
2017 $6,516 $412,400 $280,700 $131,700
2016 $6,491 $412,400 $280,700 $131,700
2015 $6,170 $412,400 $280,700 $131,700
2014 $5,830 $480,600 $327,100 $153,500
2012 $5,647 $480,600 $327,100 $153,500
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1471123

Maine Listings

APN: ISBR-000025-000000-000020