Check Availability

85 Bear Trap Highway

85 Bear Trap Highway, Brooks, ME 04921
Property in Brooks
Sold Nov 16, 2022
$221,000
Sold May 28, 2020
$174,400
$139,500 by Bangor Savings Bank
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 85 Bear Trap Highway was last sold in Nov 7, 2022 for $221,000. Prior to that sales transaction, the property was sold for $174,400 in May 13, 2020. Current property owners are expected to pay $2,098 in taxes per year. The property on 85 Bear Trap Highway was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $123,400. To break that down further, the land itself was valued at $63,400. While improvements to the property were assessed at a total of $60,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 43,560
  • 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: 1
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : SHEA ARTHUR
  • Current Owner 2: SHEA NATHAN M
  • Previous Owner : MORRISON CHRISTINE
  • Owner Before Previous Owner: CHAMPA SUSAN L
  • Owner Before Previous Owner 2: CHAMPA PETER J
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: School Administrative District 03
  • School Tax School District: RSU 03/MSAD 03
  • Census Tract: 047000

Geography

  • Parcel: BROS M:1&2 B:09
  • Block: 9
  • Municipality: BROOKS
  • Latitude: 44.4795
  • Longitude: -69.1452

    Address

  • Full Address: 85 Bear Trap Hwy
  • Address - House Number: 85
  • Address - Street Name: Bear Trap
  • Address - Suffix Type: Hwy
  • State: ME
  • City Name: Brooks
  • Carrier Code: R002
  • 4-Digit Zip Code: 3704
  • Zip Code: 04921

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,098

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 279,537
  • High Value: 344,074
  • Low Value: 215,001

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,400
  • Assessed Land Value: $63,400
  • Assessed Improvements Value: $60,000

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11899111872
  • Current Sale Price: $221,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 2022-10623
  • Previous Sale Recording Date: May 28, 2020
  • Previous Sale Contract Date: May 13, 2020
  • Previous Sale Amount: $174,400
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANGOR SAVINGS BANK
  • Previous Mortgage Transaction Date: May 28, 2020
  • Previous Mortgage Loan Amount: $139,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Waldo



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 85 Bear Trap Highway located in?
The 85 Bear Trap Highway is a located in the neighborhood of Brooks in Waldo, Brooks.
What is the average sales price for listings in 85 Bear Trap Highway?
The average sales price for units in 85 Bear Trap Highway is $0 currently.

Nearby Cities
Quantcast