Closed

$427,000

1 Water Street, Searsport, ME 04974

5beds

3,000sqft

Multi Family

Built in 1960

-- sqft lot

$448,900 Zestimate^®

$142/sqft

$1,647 Estimated rent

Home value

$448,900

Estimated sales range

Not available

$1,647/mo

Zestimate^® history

Owner options

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$2,688/mo

Est. payment

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$2,688/mo

Est. payment

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What's special

Electric fireplacePrivate patioWide plank wood floorsSpacious large deckOpen concept modern kitchen

DOWNTOWN SEARSPORT UNIQUE MULTI UNIT COMMERCIAL ZONE PROPERTY COMPLETELY RENOVATED. Beautiful farm style ranch home features 3 bedrooms, 2 baths an open concept modern kitchen and living area. Lovely electric fireplace, bar area, wide plank wood floors and spectacular large butcher block kitchen island for all your entertaining. Spacious large deck right off the living area with views of harbor and downtown Searsport. The Lower level has a completely renovated walk out apartment features 2 bedrooms, 1 bath and a private patio to enjoy. Just short walk to the dead end street is the wonderful Mosman Park and Playground features, basketball courts, picnic tables and bbq grills to enjoy with the spectacular view of harbor. Great Air B&B opportunity. This pristine property will not last long. ALSO MLS 1600994

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Hot Water, Zoned

Cooling

Wall/Window Unit(s)

Features

Flooring: Carpet, Tile, Vinyl, Wood
Number of fireplaces: 1

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft
Finished area above ground: 1,500
Finished area below ground: 1,500

Property

Features

Levels: Multi/Split
Patio & porch: Deck, Patio, Porch
Body of water: OCEAN

Lot

Size: 0.27 Acres
Features: Business District

Details

Additional structures: Shed(s)
Parcel number: SEAPM012L067
Zoning: commercial

Construction

Type & style

Home type: MultiFamily
Architectural style: Other,Ranch
Property subtype: Multi Family

Materials

Roof: Shingle

Condition

Year built: 1960

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Searsport

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $214,100
Annual tax amount: $4,325
Date on market: 8/27/2024

Price history

Date	Event	Price
2/3/2025	Pending sale	$449,500+5.3%$150/sqft
Source: Maine Listings #1601792 Report a problem
1/31/2025	Sold	$427,000-5%$142/sqft
Source: Maine Listings #1601792 Report a problem
12/14/2024	Contingent	$449,500$150/sqft
Source: Maine Listings #1601792 Report a problem
8/27/2024	Listed for sale	$449,500+48.3%$150/sqft
Source: Maine Listings #1601792 Report a problem
5/14/2021	Sold	$303,000-1.3%$101/sqft
Source: Agent Provided Report a problem
1/31/2021	Listed for sale	$307,000$102/sqft
Source: Keller Williams Realty #1472152 Report a problem
1/24/2021	Pending sale	$307,000$102/sqft
Source: Keller Williams Realty #1472152 Report a problem
11/18/2020	Price change	$307,000-1.6%$102/sqft
Source: Keller Williams Realty #1472152 Report a problem
8/12/2020	Listed for sale	$312,000+96.2%$104/sqft
Source: Realty of Maine #1464225 Report a problem
1/5/2020	Listing removed	$159,000$53/sqft
Source: Berkshire Hathaway Home Services Northeast Real Estate #1434403 Report a problem
10/31/2019	Listed for sale	$159,000$53/sqft
Source: Berkshire Hathaway Home Services Northeast Real Estate #1434403 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,903 +13.4%	$214,100
2023	$4,325 +4.7%	$214,100
2022	$4,132 +2.1%	$214,100
2021	$4,046 +7.1%	$214,100 +5.9%
2020	$3,779 +2.4%	$202,100 +1.3%
2019	$3,691	$199,500
2018	$3,691 +1%	$199,500 +32.1%
2017	$3,654 +1.2%	$151,000
2016	$3,609 +0.8%	$151,000
2015	$3,579 +4.4%	$151,000
2014	$3,428	$151,000