NOT LISTED FOR SALE

No Number Reed Island T1 R8 Wels, ME 04462

2 Beds
-- Bath
391 Sq Ft
0.6 Acres

Last Sold March 06, 2020

Last sale price $55,000 $141 Per Sq Ft

237 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Island Location
  • Wood Flooring
  • Deep Water Access
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of March 2020

Reed Island on Millinocket Lake has a lot going for it, including a million dollar view of Katahdin. There is an existing small 2 bedroom camp on the island which has not been used in recent years. The previous owner approved plans for a 1,500-2000 sq ft building on the island.
Other key features include it's proximity to the New England Outdoor Center Resort which has the River Driver's Restaurant a short paddle or boat ride away. Also Katahdin Area Trails Mountain Bike trail development is happening on Hammond Ridge. If you follow the neoc web cam - it is the island on the front center of the starcam. The Island itself is 0.6 acres and offers spectacular views of Katahdin from inside the camp and from the shoreline.
Deeded access via Loon Lane or the public boat launch.

Last Agent to Sell the Property

ELizabeth Keating

North Woods Real Estate, LLC Listed on: 07/02/2019

Last Buyer's Agent

ELizabeth Keating

North Woods Real Estate, LLC Listed on: 07/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1955

Lot Details

  • 0.6 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Seasonal Access to Property
  • Open Lot
  • Wooded Lot

Parking

  • No Driveway

Property Views

  • Water
  • Mountain

Home Design

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

Interior Spaces

  • 391 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Electricity Not Available
  • Water Not Available
  • The lake is a source of water for the property
  • No Water Heater
  • Septic Design Available
  • Sewer Not Available

Additional Features

  • Deep Water Access
  • Island Location

Community Details

  • No Home Owners Association
  • Road Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 92/ML 896 / 7
  • Assessor Parcel Number NoNumberReedIslandT1R8WELS04462

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Water Body Name: Millinocket Lake
  • MLS Status: Closed
  • Subdivision Name: Road Association
  • Directions: This is an Island - accessed by boat only on Millinocket Lake
  • Above Grade Finished Sq Ft: 391.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.6
  • Property Information:SqFt Finished Above Grade: 391.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Exterior:Wood Siding: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Design Available: Yes
  • View:Mountain(s): Yes
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Parking Other Parking: Yes
  • Water Info:Island3: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Open Lot, Wooded, Rural
  • View: Mountain(s)
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: No Electric
  • Sewer: None, Septic Design Available
  • Water Source: Lake Drawn, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: NoNumberReedIslandT1R8WELS04462
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 627.55
  • Tax Block: 7
  • Tax Lot: 92/ML 896
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $55,000 -52.2% $141 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
07/02/2019 07/02/19 For Sale $115,000 -- $294 / 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 $2,067 $227,400 $123,160 $104,240
2023 $2,037 $226,530 $120,620 $105,910
2022 $1,871 $226,530 $120,620 $105,910
2021 $2,043 $226,530 $120,620 $105,910
2020 $2,014 $226,530 $120,620 $105,910
2019 $1,324 $150,590 $86,810 $63,780
2018 $985 $150,590 $86,810 $63,780
2017 $1,217 $150,590 $86,810 $63,780
2016 $1,107 $142,480 $84,810 $57,670
2015 $813 $97,630 $44,240 $53,390
2014 $845 $97,630 $44,240 $53,390
2010 -- $93,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    ELizabeth Keating

    North Woods Real Estate, LLC

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Map

Source: Maine Listings

MLS Number: 1422786

Maine Listings

APN: U191 M:1980 B:70094 L:1

Maine Penobscot County 04462

No Number Reed Island, ME

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