NOT LISTED FOR SALE

TBD Merganser Way Freeport, ME 04032

Freeport Neighborhood

Estimated Value: $1,097,000 - $1,189,000

0.61 Acre
$1,891,579 Price per Acre
26,572 Sq Ft Lot

Last Sold August 07, 2018

Last sale price $395,000

Est. 192% increase in value since last sale

Current estimated payment $7,225/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 248 Feet of Waterfront
  • Level Lot
  • Mast Landing School Rated A
  • Wooded Lot

About This Lot

As of August 2018

Rare opportunity to start from scratch and build your dream home or a lovely cottage on an incredibly unique piece of Westerly exposed oceanfront property. Located close the end of Flying Point peninsula and facing pristine Wolfe Neck State Park, this potential for a year round home doesn't come along often and will not exist for long. Surveyed, septic design on file and a comfortable building envelope. Tidal shore frontage and a deeper water channel allows for many of the recreating delights; paddle boarding, sailing, kayaking, swimming, water skiing, fishing, bird watching and/or simply enjoying the dramatic sunsets at the end of the day!

Last Listed By

Leanne Barschdorf Nichols

Keller Williams Realty Listed on: 06/27/2018

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,986

Year Built

  • 1965

Lot Details

  • 0.61 Acre Lot
  • 248 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Property is zoned MDR-1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Septic Design Available

Listing and Financial Details

  • Tax Lot 16,17,18
  • Assessor Parcel Number FPRT-000005A-000018

Community Details

Overview

  • Merganser Subdivision

Recreation

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,986

Year Built

1965

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.61
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maquoit Bay
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Merganser
  • Directions: From downtown Freeport on Route 1 turn onto Bow St. Follow Bow St. until it changes to Flying Point Rd. Follow Flying Point Rd. and take right onto Lower Flying Point Rd. Follow Lower Flying Point Rd. to end. Continue onto Merganser Way. Lot on right.
  • Property Information:Lot Size Acres -: 0.61
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 248.0
  • Water Info:Water Frontage Owned -: 248.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Sewer:Septic Needed: Yes
  • Water Info:Island3: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1965

Exterior Features

  • Lot Features: Level, Wooded, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Perc Test On File, Septic Design Available, Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 26571.6
  • Parcel #: FPRT-000005A-000018
  • Zoning: MDR-1

Tax Info

  • Tax Book Number: 34154
  • Tax Lot: 16,17,18
  • Tax Map Number: 5A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2022
Sold by
Bubar Brian G and Bubar Therresa A
Bought by
Bubar Therresa A
Total Days on Market
4
Current Estimated Value
$1,153,863

Purchase Details

Closed on
Nov 23, 2018
Sold by
Shepards Seaside Llc
Bought by
Bubar Thersa A and Bubar Brain G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Shepard Harvey
Bought by
Harvey E & H Shepard Lt and Shepard

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
Bubar Therresa A -- None Available
Bubar Thersa A -- --
Harvey E & H Shepard Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bubar Thersa A $375,000
Previous Owner Shepard Harvey $240,000
Previous Owner Shepard Harvey E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $395,000 -7.9% --
07/02/2018 07/02/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $429,000 -- --
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 $8,986 $653,500 $539,300 $114,200
2022 $8,021 $587,600 $481,500 $106,100
2021 $7,844 $587,600 $481,500 $106,100
2020 $7,701 $550,100 $445,900 $104,200
2019 $7,435 $519,900 $420,600 $99,300
2018 $6,592 $538,700 $446,100 $92,600
2017 $5,515 $368,900 $284,500 $84,400
2016 $5,315 $336,400 $258,100 $78,300
2015 $5,077 $302,200 $228,500 $73,700
2014 $4,775 $302,200 $228,500 $73,700
2013 $4,817 $303,900 $228,500 $75,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Leanne Barschdorf Nichols

    Keller Williams Realty

    (207) 653-4353

    16 in this area

    68 Total Sales

    Leanne Barschdorf Nichols
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jonathan Nichols

    Keller Williams Realty

    (207) 879-9800

    2 in this area

    8 Total Sales

    Jonathan Nichols
    Section Image

  • P

    Buyer's Agent in 2018

    Patrick Powers

    Portside Real Estate Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1355990

Maine Listings

APN: FPRT-000005A-000018

Maine Cumberland County Freeport 04032 Freeport

TBD Merganser Way, Freeport, ME

Homes for Sale in Freeport, ME

This home is located at TBD Merganser Way, Freeport, ME 04032 since 27 June 2018 and is currently estimated at $1,153,863. This property was built in 1965. TBD Merganser Way 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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