Back 38 Varney Lane
Off Market

38 Varney Lane

South Eliot ME 03903

3
3
5
2621 sq. ft.
223027 sq. ft.
Single-Family
Last sold for $577,500
Paul McInnisPaul McInnis, last sold this property on 26 September 2017 after -2968 days on market.

Overview

Waterfront Estate Auction 5± Acre Piscataqua Riverfront Home.Saturday, August 12th at 10:00 a.m. (The listed Price is merely the assessed value being used as a place holder and not the auction price) 38 Varney Lane is a private drive off Rte. 103 (Main Street) in Eliot, the right of way leads to an open 5 acre lot with 220± ft. of direct frontage on the Piscataqua River. The property is improved with a split-level home built in 1956 offering 2621 sq. ft. of living area in 8 rooms with 3 bedrooms. In addition there is a legal one bedroom apartment in the lower level. There is also a 5 car garage. This most unusual 5± acre lot in the village district zone has an open field that gently slopes to the river front, and was once used as a personal golf course. There are remnants of the dock, piers, and stairs in addition to a launching ramp leading to the Piscataqua River with ocean access. This property is just 2 minutes from Exit 1 on Rte. 95. The Real Estate will be offered at 11:00 a.m. on Saturday, August 12th. A $25,000 cashier's check is required to register to bid, and will be refundable to unsuccessful bidders. The successful bidder must increase their deposit to a total of 10% at the time and place of auction by way of a personal check. A 10% Buyer's Premium will be added to the bid price to become the total Purchase Price. The Personal Representative of the Estate has the right to accept or reject the high bid.

Features

3 bedrooms
3 bathrooms
5 carspaces
5 garage spaces
2621 sq. ft. floor area
223027 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in South Eliot over the last 12 months, the estimated median property value of 38 Varney Lane is $767.5k.

Median value
$767.5k
Estimated value range
$409.9k - $2m
Median days on market
7
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Eliot. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Varney Lane

2017
Sold
$577,500
26 Sep 2017 by Paul McInnis, of Paul McInnis LLC

Happy sellers in South Eliot

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We have insufficient information to provide an overview of customer satisfaction for South Eliot. Viewing the agent profiles, reviews and sales for South Eliot can provide insights for this location.

Local market activity for 3 bedroom single-family properties in South Eliot

In the last 12 months, 7 three-bedroom single-family properties similar to 38 Varney Lane, have been sold.

This represents a 70% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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