701 ROUTE 1
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Location
701 ROUTE 1
Mblu
038/ 024/ / /
Acct#
002741
Owner
PATRIOT INSURANCE CO
Total Market Value
$6,961,000
Appraisal
$6,961,000
PID
2711
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$5,741,800$1,219,200$6,961,000
Assessment
Valuation YearImprovementsLandTotal
2026$5,741,800$1,219,200$6,961,000

Owner of Record
OwnerPATRIOT INSURANCE CO
Co-Owner
Address701 US RT. 1, SUITE 1
YARMOUTH, ME 04096
Sale Price$1,800,000
Certificate
Book & Page 33523/0056
Sale Date10/14/2016
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PATRIOT INSURANCE CO$1,800,000 33523/00560010/14/2016
DOWN EAST VILLAGE$0 00000/00001N 

Building Information
Building 1 : Section 1
Year Built: 2017
Living Area: 28,536
Replacement Cost: $5,373,450
Building Percent Good: 92
Replacement Cost
Less Depreciation:
$4,943,600
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAbove Avg +20
Stories:2
Occupancy2.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOFFICE BLD
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:OFFICE
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUSP-CEIL ONLY
Rooms/PrtnsLIGHT
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,268 14,268
FUSFinished Upper Story 14,268 14,268
FBMFinished Basement 6,468 0
FOPOpen Porch 580 0
SLBSLAB 7,800 0
   43,384 28,536

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1PASS ELV2.00 STOPS$152,0001
ELV1PASS ELV3.00 STOPS$228,0001
SPR1SPRINKLERS-WET33892.00 S.F.$155,9001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD  
ZoneCD4-C1
NeighborhoodCI4
Category
Land Line Valuation
Size (Acres)7.1
Frontage
Total Market Land$1,219,200
Appraised Value$1,219,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR2GARAGE-GOOD  728.00 S.F.$43,7001
PAV1PAVING-ASPHALT  43560.00 S.F.$174,2001
LT10W/DOUBLE LIGHT  9.00 UNITS$32,4001
LT6W/DOUBLE LIGHT  4.00 UNITS$12,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,741,800$1,219,200$6,961,000
2024$4,580,600$843,800$5,424,400
2023$4,580,600$843,800$5,424,400

Assessment
Valuation YearImprovementsLandTotal
2025$5,741,800$1,219,200$6,961,000
2024$4,580,600$843,800$5,424,400
2023$4,580,600$843,800$5,424,400

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