Check Availability

348 East Main Street

348 East Main Street, Searsport, ME 04974
Property in Searsport
Sold Nov 12, 2019
$50,000
$106,200 by Seaboard Federal Credit Union
Mortgage Due Oct 01, 2032
Sold Nov 02, 2011
$74,900
$59,950 by Brewer Fcu
Mortgage Due Nov 18, 2031
This has been categorized as a residential property type. In total, the area measurement of the land is 87,120 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 348 East Main Street sold most recently in Nov 7, 2019 for a total of $50,000. Before that, the property was also sold for $74,900 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,098 in taxes each year. 348 East Main Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,900. If we break it down further, the land itself was valued at $41,500. Improvements to the property, however, were assessed at a total of $15,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • 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
  • Land Acres: 2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MACE CLIFFORD A
  • Current Owner 2: WOOD MICHELLE L
  • Previous Owner : GOTT STEPHEN A
  • Owner Before Previous Owner: REED PATRICIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Regional School Unit 20
  • School Tax School District: RSU 20
  • Census Tract: 042000

Geography

  • Parcel: SEAP M:007 L:097-A
  • Lot: 97-A
  • Municipality: SEARSPORT
  • Latitude: 44.476
  • Longitude: -68.8815

    Address

  • Full Address: 348 E Main St
  • Address - House Number: 348
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: ME
  • City Name: Searsport
  • Carrier Code: R002
  • 4-Digit Zip Code: 3103
  • Zip Code: 04974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,098

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 140,957
  • High Value: 173,499
  • Low Value: 108,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,200
  • First Open Lien Mortgage Lender: SEABOARD FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 12, 2022
  • First Open Lien Mortgage Loan Amount: $106,200
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2032

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,900
  • Assessed Land Value: $41,500
  • Assessed Improvements Value: $15,400

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11678364975
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11010
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Amount: $74,900
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: SEABOARD FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 12, 2019
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BREWER FCU
  • Previous Mortgage Transaction Date: Nov 02, 2011
  • Previous Mortgage Loan Amount: $59,950
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 18, 2031

About Waldo



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 348 East Main Street located in?
The 348 East Main Street is a located in the neighborhood of Searsport in Waldo, Searsport.
What is the average sales price for listings in 348 East Main Street?
The average sales price for units in 348 East Main Street is $0 currently.

Quantcast