$305,000
SOLD MAY 23, 2025

1034 Olive St Veazie, ME 04401

3 Beds
2 Baths
1,372 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • Water Views
  • Nearby Water Access
  • Cape Cod Architecture
  • Veazie Community School Rated A+
  • Country Club
  • Main Floor Bedroom

About This Home

As of May 2025

Charming Veazie Bungalow with Penobscot River Views.
Wake up to the peaceful sights and sounds of the Penobscot River in this cozy and lovingly maintained 3-bedroom, 2-bath bungalow, nestled in the heart of Veazie, with its top-rated school and convenient public transportation. . With river views right from your backyard, this home offers a serene retreat just minutes from Bangor.
Inside you will find character and comfort throughout, from the built-in storage nooks to the sunny 3-season sunroom—ideal for relaxing with your morning coffee or unwinding at the end of the day. The eat-in kitchen is both functional and inviting, perfect for casual meals or entertaining friends and family.
Enjoy peace of mind with many updates already taken care of, including remodeled bathrooms, newer windows, flooring and updated shingles. A heat pump added in 2023 for economical heat and cooling. The detached garage features a workbench and overhead storage, perfect for hobbyists or extra gear.
With thoughtful touches throughout and a one-year home warranty included, this charming home blends classic character with modern comfort. Don't miss your chance to own a piece of riverside paradise!

Last Agent to Sell the Property

Linda Gardiner

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: lindagardiner@masiello.com Listed on: 04/24/2025

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Michelle Foss

NextHome Experience

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Open Lot
  • Sloped Lot

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Cape Cod Architecture
  • Cottage
  • Bungalow
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,372 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Enclosed Glass Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 49
  • Assessor Parcel Number VEAZ-000010-000000-000049

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Penobscot River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1372.0
  • Architectural Style: Cape Cod, Cottage, Bungalow
  • Garage Yn: Yes
  • Year Built: 1945
  • Attribution Contact: lindagardiner@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 215.01
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1372.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Style:Cottage: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Charming Veazie Bungalow with Penobscot River Views. Wake up to the peaceful sights and sounds of the Penobscot River in this cozy and lovingly maintained 3-bedroom, 2-bath bungalow, nestled in the heart of Veazie, with its top-rated school and convenient public transportation. With river views right from your backyard, this home offers a serene retreat just minutes from Bangor. Inside you will find character and comfort throughout, from the built-in storage nooks to the sunny 3-season sunroom—ideal for relaxing with your morning coffee or unwinding at the end of the day. The eat-in kitchen is both functional and inviting, perfect for casual meals or entertaining friends and family. Enjoy peace of mind with many updates already taken care of, including remodeled bathrooms, newer windows, flooring and updated shingles. A heat pump added in 2023 for economical heat and cooling. The detached garage features a workbench and overhead storage, perfect for hobbyists or extra gear. With thoughtful touches throughout and a one-year home warranty included, this charming home blends classic character with modern comfort. Don't miss your chance to own a piece of riverside paradise!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile, Other, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Window Features: Double Pane Windows
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Corner Lot, Intown, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Storage Above, 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: VEAZ-000010-000000-000049
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 3048.0
  • Tax Lot: 49
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 23, 2025
Sold by
Baker Nicholson and Brentano Margaret W
Bought by
Akerman Darren
Seller's Agent
Linda Gardiner
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Michelle Foss
NextHome Experience
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Views
20
Current Estimated Value
$300,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,970
Avg. Annual Appreciation
-2.94%
Original Mortgage
$240,000
Outstanding Balance
$238,928
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,102

Purchase Details

Listed on
Jul 12, 2017
Closed on
Oct 17, 2017
Sold by
Witmeyer Richard J and Godshall Sally L
Bought by
Baker Nicholson and Brentano Margaret W
Seller's Agent
Susan Grigsby
ERA Dawson-Bradford Co.
Buyer's Agent
Linda Gardiner
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$159,500
Sold Price
$141,900
Premium/Discount to List
-$17,600
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Listed on
May 21, 2012
Closed on
Jul 20, 2012
Sold by
Merrill Shellie J
Bought by
Witmeyer Richard J and Godshall Sally L
Seller's Agent
Joan Osler
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Warren Smith
ERA Dawson-Bradford Co.
List Price
$137,700
Sold Price
$135,000
Premium/Discount to List
-$2,700
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$108,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2005
Sold by
Williams Theodore S and Williams Lorna S
Bought by
Merrill Shellie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $305,000 None Available
Warranty Deed $305,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Purchase Money Mortgage
Closed $240,000 Purchase Money Mortgage
Previous Owner $108,000 Adjustable Rate Mortgage/ARM
Previous Owner $130,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Sold $305,000 +3.4% $222 / Sq Ft
04/24/2025 04/24/25 For Sale $295,000 +107.9% $215 / Sq Ft
10/13/2017 10/13/17 Sold $141,900 -11.0% $103 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $159,500 +18.1% $116 / Sq Ft
07/16/2012 07/16/12 Sold $135,000 -2.0% $115 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $137,700 -- $117 / 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 $3,048 $190,500 $23,200 $167,300
2023 $2,808 $172,800 $21,400 $151,400
2022 $2,655 $153,000 $21,400 $131,600
2021 $2,617 $144,600 $21,900 $122,700
2020 $2,552 $139,100 $21,900 $117,200
2019 $2,411 $131,400 $21,900 $109,500
2018 $1,962 $108,100 $21,900 $86,200
2017 $1,964 $108,200 $21,900 $86,300
2016 $1,940 $106,000 $21,500 $84,500
2015 $1,950 $106,000 $21,500 $84,500
2014 $1,882 $106,000 $21,500 $84,500
2012 $1,806 $88,100 $19,100 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1620141

Maine Listings

APN: VEAZ-000010-000000-000049