NOT LISTED FOR SALE

CRA Crab Island Freeport, ME 04032

Estimated Value: $874,000 - $1,160,000

2 Beds
1 Bath
660 Sq Ft
$1,576/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $895,000 $1,356 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,640/month

27 Days on Market

Highlights

  • 1,848 Feet of Waterfront
  • Deep Water Access
  • Wooded Lot
  • Mast Landing School Rated A
  • Island Location
  • Wood Flooring

About This Home

As of October 2018

First time offered in 65 years this very special island has easy mainland and marina access with the protected harbor of South Freeport, just a 10-minute boat ride away. The island is over one acre in size, it's well vegetated with mature trees and plantings, cleared walking paths, and offers 2 sand beaches, one to the north and one to the south. There is an ideal location for a deep water dock with permitting. Just a 10-minute boat ride from the mainland, the camp consists of 2 bedrooms, 1 bath and a large stone fireplace in the family room off the kitchen. Other improvements include 2 wells and a septic system. Previously owned by Admiral Peary's daughter, he is best known for discovering the North Pole and lived on the well-known Eagle Island in Harpswell.

Last Listed By

Karen Reiche

LandVest, Inc. Listed on: 08/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1953

Lot Details

  • 1 Acre Lot
  • 1,848 Feet of Waterfront
  • Ocean Front
  • Rural Setting
  • Seasonal Access to Property
  • Wooded Lot
  • Property is zoned ID

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Composition Roof
  • Fiberglass Roof
  • Shingle Siding

Interior Spaces

  • 660 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating Available
  • Electricity Not Available
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Deep Water Access
  • Island Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot CRA
  • Assessor Parcel Number FPRT-000000I-S000000L-C000000RA

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,452

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Water Body Name: Casco Bay
  • Co List Office Mls Id: 1475
  • Co List Office Phone: 207-774-8518
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 660.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1953
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 660.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Water Heater:Gas: Yes
  • Roof:Composition2: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 1848.0
  • Water Info:Water Frontage Owned -: 1848.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Water Heater:Tank: Yes
  • Water Info:Island3: Yes
  • Transportation:Deep Water Access: Yes
  • Washer/Dryer Other Location: Yes
  • Roof:Fiberglass: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Wooded, Other, Rural
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: No Electric
  • Sewer: Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: FPRT-000000I-S000000L-C000000RA
  • Zoning: ID

Tax Info

  • Tax Annual Amount: 4452.0
  • Tax Book Number: 8884
  • Tax Lot: CRA
  • Tax Map Number: ISL
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 19, 2018
Sold by
Waterhouse Alden E and Waterhouse Virginia H
Bought by
Hewey Bartlett G and Hewey Kristina B
Seller's Agent
Karen Reiche
LandVest, Inc.
Buyer's Agent
Karen Reiche
LandVest, Inc.
List Price
$950,000
Sold Price
$895,000
Premium/Discount to List
-$55,000
-5.79%
Total Days on Market
27
Current Estimated Value
$1,040,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,333
Avg. Annual Appreciation
2.30%

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
Hewey Bartlett G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $895,000 -5.8% $1,356 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $950,000 -- $1,439 / 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 $9,809 $713,400 $687,900 $25,500
2022 $8,709 $638,000 $614,200 $23,800
2021 $8,517 $638,000 $614,200 $23,800
2020 $8,273 $590,900 $568,700 $22,200
2019 $7,972 $557,500 $536,500 $21,000
2018 $4,331 $305,300 $287,600 $17,700
2017 $4,452 $297,800 $280,900 $16,900
2016 $4,173 $264,100 $248,500 $15,600
2015 $4,067 $242,100 $227,400 $14,700
2014 $3,825 $242,100 $227,400 $14,700
2013 $3,668 $231,400 $216,800 $14,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Karen Reiche

    LandVest, Inc.

    (207) 874-6159

    55 Total Sales

    Karen Reiche
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    Elizabeth Ducas

    Waypoint Brokers Collective

    (207) 939-5095

    33 Total Sales

    Elizabeth Ducas
    Section Image
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Map

Source: Maine Listings

MLS Number: 1365856

Maine Listings

APN: FPRT-000000I-S000000L-C000000RA

Maine Cumberland County Freeport 04032

CRA Crab Island, Freeport, ME

Homes for Sale in Freeport, ME

This home is located at CRA Crab Island, Freeport, ME 04032 since 17 August 2018 and is currently estimated at $1,040,333, approximately $1,576 per square foot. This property was built in 1953. CRA Crab Island is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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