Check Availability

916 Island Avenue

916 Island Avenue, Long Island, ME 04050
House in Long Island
Sold Jul 30, 2021
$575,000
$460,000 by Academy Mortgage Corp
Mortgage
Sold Jan 18, 2018
Transfer
Local assessors in Long Island, ME have categorized 916 Island Avenue as a residential type of property. The property's lot size has been calculated to be 13,640 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 916 Island Avenue sold most recently in Jul 29, 2021 for a total of $575,000. 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 $3,245 in taxes each year. 916 Island Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $403,653. If we break it down further, the land itself was valued at $329,320. Improvements to the property, however, were assessed at a total of $74,333. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 13,640
  • 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: 0.313
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : BUGBEE REGINA M
  • Previous Owner : WOODMAN JAMES
  • Owner Before Previous Owner: EAST WEST PARADISE LLC

Neighborhood

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

Geography

  • Parcel: LISL 736-0
  • Municipality: LONG ISLAND
  • Latitude: 43.7006
  • Longitude: -70.1453

    Address

  • Full Address: 916 Island Ave
  • Address - House Number: 916
  • Address - Street Name: Island
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Long Island
  • Carrier Code: R001
  • 4-Digit Zip Code: 3104
  • Zip Code: 04050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,245

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 724,755
  • High Value: 853,536
  • Low Value: 595,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $403,653
  • Assessed Land Value: $329,320
  • Assessed Improvements Value: $74,333

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11846357953
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54664
  • Previous Sale Recording Date: Jan 18, 2018
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Long Island



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 916 Island Avenue located in?
The 916 Island Avenue is a house located in the neighborhood of Long Island in Long Island, Long Island.
What is the average sales price for listings in 916 Island Avenue?
The average sales price for units in 916 Island Avenue is $0 currently.

Quantcast