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137 Island Avenue

137 Island Avenue, Long Island, ME 04050
House in Long Island
Sold Nov 18, 2020
$526,500
$519,533 by Newrez Llc
Mortgage
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. In total, the area measurement of the land is 20,778 square feet.

Learn more about the property and building on this page. The property was last sold in Nov 13, 2020 for $526,500. 137 Island Avenue was last assessed in 2022. The total value of the property was assessed at $352,622. Specifically, the land the property is located on was valued at $227,889. While improvements on the property were assessed at a total of $124,733. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $2,835. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Multifamily
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,778
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOUISA FLOYD EST
  • Land Acres: 0.477
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PEDRO SUSAN M
  • Current Owner 2: PEDRO RONALD L
  • Previous Owner : SHUSTA JENNEKE A
  • Previous Owner 2: SHUSTA JOHN D
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Island
  • School Tax School District: LONG ISLAND PS
  • Census Tract: 002400

Geography

  • Parcel: LISL 245-0
  • Municipality: LONG ISLAND
  • Latitude: 43.685
  • Longitude: -70.1706

    Address

  • Full Address: 137 Island Ave
  • Address - House Number: 137
  • Address - Street Name: Island
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Long Island
  • Carrier Code: R001
  • 4-Digit Zip Code: 3505
  • Zip Code: 04050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,835

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 676,512
  • High Value: 796,721
  • Low Value: 556,302

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $565,994
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $519,533
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 20, 2023
  • Second Open Lien Mortgage Loan Amount: $46,461
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $352,622
  • Assessed Land Value: $227,889
  • Assessed Improvements Value: $124,733

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11802652204
  • Current Sale Price: $526,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74946

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $519,533
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Cumberland



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 137 Island Avenue located in?
The 137 Island Avenue is a house located in the neighborhood of Long Island in Cumberland, Long Island.
What is the average sales price for listings in 137 Island Avenue?
The average sales price for units in 137 Island Avenue is $549,000 currently.

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