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55 Summit Road

55 Summit Road, Bar Harbor, ME 04609
Property in Mount Desert
Sold Sep 29, 2014
$175,000
$140,000 by Bar Harbor Bk & Tr
Mortgage Due Sep 29, 2044
55 Summit Road in Bar Harbor, ME was first built in 1935 and is 89 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 55 Summit Road has 1,297 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. In total, the area measurement of the land is 11,970 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. 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. The property was last sold in Jan 1, 1970 for $175,000. That's $134.93 per sqft. 55 Summit Road was last assessed in 2023. The total value of the property was assessed at $474,300. Specifically, the land the property is located on was valued at $217,200. While improvements on the property were assessed at a total of $257,100. 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 $4,136. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 264
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,970
  • Total Building Area: 1,297
  • Gross Building Area: 2,646
  • Building Area: 1,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,297
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALLACE THOMAS W
  • Previous Owner : MARSHALL DONALD M
  • Previous Owner 2: MARSHALL DEBORAH

Neighborhood

  • School District Name: Mount Desert Community School District
  • Census Tract: 966000

Zoning

  • Zoning: VC

Geography

  • Account Number: 2016
  • Parcel: MTDS M:025 L:097
  • Lot: 97
  • Municipality: MOUNT DESERT
  • Latitude: 44.2952
  • Longitude: -68.2947

    Address

  • Full Address: 55 Summit Rd
  • Address - House Number: 55
  • Address - Street Name: Summit
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Mount Desert
  • Zip Code: 04660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,136

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 633,548
  • High Value: 804,073
  • Low Value: 463,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: BAR HARBOR BK & TR
  • First Open Lien Mortgage Recording Date: Sep 29, 2014
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 29, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,300
  • Assessed Land Value: $217,200
  • Assessed Improvements Value: $257,100

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Transaction ID: 1106895899
  • Current Sale Price: $175,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 000000015036

    Last Sale Mortgage

  • First Mortgage Lender: BAR HARBOR BK & TR
  • First Mortgage Transaction Date: Sep 29, 2014
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Hancock



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Frequently Asked Questions

What neighborhood is 55 Summit Road located in?
The 55 Summit Road is a located in the neighborhood of Mount Desert in Hancock, Bar Harbor.
What is the average sales price for listings in 55 Summit Road?
The average sales price for units in 55 Summit Road is $0 currently.

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