501 ISLINGTON ST #1
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Location
501 ISLINGTON ST #1
Mblu
0157/ 0006/ 0001/ /
Acct#
37602
Owner
PARTNERS BANK OF NEW ENGLAND
PBN
Assessment
$2,646,000
Appraisal
$2,646,000
PID
37602
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,646,000$0$2,646,000
Assessment
Valuation YearImprovementsLandTotal
2025$2,646,000$0$2,646,000

Owner of Record
OwnerPARTNERS BANK OF NEW ENGLAND
Co-Owner
Address900 MAIN ST
SANFORD, ME 04073
Sale Price$6,925,000
Certificate
Book & Page 6510/106
Sale Date10/02/2023
Instrument21

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PARTNERS BANK OF NEW ENGLAND$6,925,000 6510/1062110/02/2023
SUMMIT 501 ISLINGTON LLC$3,900,000 5256/04412110/27/2011
SARNIA SEACOAST LLC$4,000,000 4925/12942106/11/2008

Building Information
Building 1 : Section 1
Year Built: 1986
Living Area: 6,322
Replacement Cost: $3,838,359
Building Percent Good: 66
Replacement Cost
Less Depreciation:

$2,533,300
Building Attributes
FieldDescription
Style:Condo Bank
ModelCom Condo
GradeC
GradeB+
Stories:1
Stories:0
Occupancy1
Interior Wall 1:Drywall/Sheet
Interior Wall 2: 
Interior Floor 1Carpet
Interior Floor 2 
Heat Fuel:Gas
Heat Type:Warm Air
AC Type:Central
Ttl Bedrms: 
Ttl Bathrms:None
Ttl Half Bths:2
Xtra Fixtres1
Total Rooms: 
Bath Style: 
Kitchen Style: 
WB Fireplaces 
WB Openings 
Mtl Fireplaces 
MTL Openings 
Kitchen Grd 
Cost/Design 
Class 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 5,970 5,970
SFBBase, Semi-Finished 503 352
   6,473 6,322

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
VLT2VAULT-GOOD128.00 S.F.$13,9001
DUW3W/PNEU TUBE1.00 UNITS$21,0001
VLT1VAULT-AVG32.00 S.F.$2,5001
CANECANOPY EXCEL594.00 S.F.$29,8001
NDPNITE DEPOSIT1.00 UNITS$14,7001

Land
Land Use
Use Code3401
DescriptionOFF CONDO MDL-06  
ZoneCD4-L2
Neighborhood305A
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Frontage
Depth
Assessed Value$0
Appraised Value$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
ATM1ATM DETACHED02DETACHED 1.00 UNITS$30,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,646,000$0$2,646,000
2024$2,646,000$0$2,646,000
2023$1,729,000$0$1,729,000

Assessment
Valuation YearImprovementsLandTotal
2025$2,646,000$0$2,646,000
2024$2,646,000$0$2,646,000
2023$1,729,000$0$1,729,000

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