NOT LISTED FOR SALE

1058 Exeter Rd Exeter, ME 04435

Estimated Value: $143,738 - $178,000

3 Beds
1 Bath
1 Sq Ft
$164,246/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $118,000 $118,000 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $954/month

17 Days on Market

Highlights

  • 999 Feet of Waterfront
  • 59 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • Cape Cod Architecture
  • No HOA

About This Home

As of October 2023

Welcome to an exceptional opportunity in Exeter, ME just a short 15-minute drive from Newport, and 35 minutes from Bangor.
This property spans 59 acres and features an untouched wooded area that hasn't been cut since the 1990s. Footman Brook gracefully runs through the land, although there's no official record with the town specifying the length of the brook on the parcel.

The main building, constructed in 1850, offers approximately 1,300 sq.ft. if finished. While the building currently requires substantial renovation, it presents an exciting chance for creative transformation or alternative uses. Additionally, the property includes a private well and a private septic system, providing essential utilities for your future plans. Financing this property might be challenging due to its current condition.

Last Agent to Sell the Property

Mariya Doncheva

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 09/15/2023

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Gina Brunda

RE/MAX Infinity License #SA925791

RE/MAX Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1850

Lot Details

  • 59 Acre Lot
  • Home fronts a stream
  • 999 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Property Views

  • Views of Woods

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • No Water Heater
  • Septic System
  • Septic Design Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number EXER-000007-000000-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 59.0
  • Water Body Name: Footman Brook
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 149900.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 59.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 999.0
  • Water Info:Water Frontage Owned -: 999.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Fields: Yes
  • Foundation Materials:Granite2: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Welcome to an exceptional opportunity in Exeter, ME just a short 15-minute drive from Newport, and 35 minutes from Bangor. This property spans 59 acres and features an untouched wooded area that hasn't been cut since the 1990s. Footman Brook gracefully runs through the land, although there's no official record with the town specifying the length of the brook on the parcel. The main building, constructed in 1850, offers approximately 1,300 sq.ft. if finished. While the building currently requires substantial renovation, it presents an exciting chance for creative transformation or alternative uses. Additionally, the property includes a private well and a private septic system, providing essential utilities for your future plans. Financing this property might be challenging due to its current condition.
  • Special Features: None

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Not Applicable, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural
  • View: Fields, Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Other
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2570040.0
  • Parcel #: EXER-000007-000000-000004
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1022.0
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 13, 2023
Sold by
Gould Carl D
Bought by
Lupo Construction Inc
Seller's Agent
Mariya Doncheva
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Gina Brunda
RE/MAX Infinity
List Price
$149,900
Sold Price
$118,000
Premium/Discount to List
-$31,900
-21.28%
Current Estimated Value
$164,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,246
Avg. Annual Appreciation
15.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lupo Construction Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $118,000 -21.3% $118,000 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $149,900 -- $149,900 / 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 $1,153 $99,000 $56,000 $43,000
2023 $1,004 $81,000 $45,000 $36,000
2021 $1,022 $73,000 $45,000 $28,000
2020 $1,011 $73,000 $45,000 $28,000
2019 $1,044 $73,000 $45,000 $28,000
2018 $1,132 $73,000 $45,000 $28,000
2017 $1,253 $72,000 $45,000 $27,000
2016 $1,109 $72,000 $45,000 $27,000
2015 $1,112 $72,700 $45,300 $27,400
2014 $1,054 $72,700 $45,300 $27,400
2013 $1,091 $72,700 $45,300 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1572153

Maine Listings

APN: EXER-000007-000000-000004