NOT LISTED FOR SALE

1006 Colby Palermo, ME 04354

Estimated Value: $90,000 - $342,000

4 Beds
1 Bath
1,549 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $50,000 $32 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,004/month

78 Days on Market

Highlights

  • Nearby Water Access
  • Wooded Lot
  • Main Floor Bedroom
  • View of Trees or Woods
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of December 2021

Check out this old farmhouse in need of upgrades and repairs. It is nicely situated on 17 acres of land that is mostly wooded, and located on a quiet country road, with no other houses in sight. It's only minutes from Turner Mill Pond, Sheepscot Lake, and the Sheepscot River, which all offer great recreational and fishing opportunities. Go walking in the woods, cut your own firewood or go hunting in your back yard on your own piece of Maine vacation land.

Last Agent to Sell the Property

Brian York

Adams Realty Listed on: 08/12/2021

Last Buyer's Agent

Brian York

Adams Realty Listed on: 08/12/2021

Home Details

Home Type

  • Single Family

Lot Details

  • 17 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,549 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number PALE-000001-000000-000012-R000000

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 17.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From South China, take Rte. 32 South, turn left onto Weeks Mills Rd., stay on on it through the village, continue onto Deer Hill Rd. which becomes Lane Rd., then becomes Winding Hill Rd., then becomes Colby Rd. Property is on right, look for sign.
  • Above Grade Finished Sq Ft: 1549.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 17.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1549.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Laundry Room:Laundry Room: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Dirt Floor, Partial, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Glass Enclosed
  • Roof: Metal, Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 740520.0
  • Parcel #: PALE-000001-000000-000012-R000000
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1516.0
  • Tax Book Number: 4351
  • Tax Lot: 12
  • Tax Map Number: R 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Dec 22, 2021
Sold by
Libby Cole
Bought by
Ski House 141 Llc
Seller's Agent
Brian York
Adams Realty
Buyer's Agent
Brian York
Adams Realty
List Price
$105,000
Sold Price
$50,000
Premium/Discount to List
-$55,000
-52.38%
Current Estimated Value
$174,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,840
Avg. Annual Appreciation
39.14%
Original Mortgage
$47,000
Outstanding Balance
$43,152
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,688

Purchase Details

Closed on
Oct 14, 2017
Sold by
Holyoke Scott
Bought by
Libby Cole
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ski House 141 Llc -- None Available
Libby Cole -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ski House 141 Llc $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $50,000 -52.4% $32 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $105,000 -- $68 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $886 $77,000 $40,900 $36,100
2023 $847 $77,000 $40,900 $36,100
2022 $808 $77,700 $40,900 $36,800
2021 $1,550 $112,300 $40,900 $71,400
2020 $1,516 $112,300 $40,900 $71,400
2019 $1,494 $112,300 $40,900 $71,400
2018 $1,426 $112,300 $40,900 $71,400
2017 $1,505 $112,300 $40,900 $71,400
2016 $1,482 $112,300 $40,900 $71,400
2015 $1,494 $112,300 $40,900 $71,400
2013 $1,194 $103,800 $40,900 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1504897

Maine Listings

APN: PALE-000001-000000-000012-R000000