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53 Marginal Way

53 Marginal Way, Newport, ME 04953
House in Newport
53 Marginal Way in Newport, ME was first built in 1976 and is 50 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 53 Marginal Way has 3,276 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 560 sqft and has been categorized as a . In total, the area measurement of the land is 63,162 square feet.

Learn more about the property and building on this page. The roof of the home is made of . For those who need parking, there is a . There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The condition of the building has been evaluated as . The exterior walls of the home are made of . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 53 Marginal Way sold most recently in Oct 24, 2023 for a total of $1,500,000. If you work out the math, that's approximately a cost of $457.88 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,030,800 in taxes each year. 53 Marginal Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $525,900. If we break it down further, the land itself was valued at $230,400. Improvements to the property, however, were assessed at a total of $295,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230705
07/05/2023
5 Bed
5 Bath
-
$1,800,000
bedrooms
5 Bed
bathrooms
5 Bath
$1,500,000 -16.67%
10/25/2023
Linda Schultz
Lakepoint Real Estate, LLC


Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 560
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001450
  • Standard Land Use Code: 1101
  • County Land Use Code: 104
  • State Land Use Code: 104

Neighborhood

  • School District Name: Regional School Unit 19
  • School Tax School District: RSU 19
  • Census Tract: 013000

Zoning

  • Zoning: IB

Geography

  • Parcel: NEPT M:019 L:013
  • Lot: 13
  • Municipality: NEWPORT
  • Latitude: 44.8428
  • Longitude: -69.2671

    Address

  • Full Address: 53 Marginal Way
  • Address - House Number: 53
  • Address - Street Name: Marginal
  • Address - Suffix Type: Way
  • State: ME
  • City Name: Newport
  • Carrier Code: R002
  • 4-Digit Zip Code: 3335
  • Zip Code: 04953

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,030,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $525,900
  • Assessed Land Value: $230,400
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25984
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Document Type: 34
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Newport



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Frequently Asked Questions

What neighborhood is 53 Marginal Way located in?
The 53 Marginal Way is a house located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 53 Marginal Way?
The average sales price for units in 53 Marginal Way is $1,690,000 currently.