NOT LISTED FOR SALE

1133 N Palermo Rd Freedom, ME 04941

Estimated Value: $330,000 - $427,396

3 Beds
2 Baths
2,570 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $320,000 $125 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,418/month

15 Days on Market

Highlights

  • 2,551 Feet of Waterfront
  • View of Trees or Woods
  • Wooded Lot
  • Barn
  • 77.87 Acre Lot
  • Saltbox Architecture

About This Home

As of July 2023

This is an opportunity to create something special. With cathedral ceilings and exposed beams due to its pillar and post construction, this home already shows a lot of character and with some finishing touches could present so much more. The main home offers an open plan concept with a first floor bedroom and bathroom, the 24'6 x 20' second floor balcony area could remain as an additional living sapce, or to for additional bedrooms/bathroom. The home already has plumbing and electrics in place and is mostly finished with knotty pine to complement the build, what isn't finished has the materials onsite to help with its completion. The basement has been converted into an in-law apartment. The main home kitchen has a storage cupboard intended to build a stairwell to connecting the units, but this will be a decision for the new owner, currently they are separate entities, ideal for guest lodgings, additional family members or potentially an office space for those working from home. The property features do not stop there...... the lot has maple trees towards the road which the owner had tapped and worked as a business; there is also a brook with trout that runs through the lot from front to back. Being an 77.87 acre lot, there are both cleared and wooded areas. The wooded areas have a mix of trees with trails throughout, great for the hunting enthusiast. The cleared areas include large fields due to previous cattle farming. There are still gates and fencing in situe as well as a gambrel cattle shed measuring approximately 46'x26', and is again a post and beam construction. It includes pens intended for the cattle, but could potentially be converted for horses, with runs behind them to help with cleaning out. The cattle shed is powered with circuit breakers, has electric fence controls and a frost-free tap. Attached are lean-to storage areas, with access to the attic storage, and a concrete manure pit. Due to not being finished, the property is sold in 'as is' condition.

Last Agent to Sell the Property

Ian Morphew

American Realty Company Listed on: 05/03/2023

Last Buyer's Agent

Laura Dionne

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,794

Year Built

  • Built in 2001

Lot Details

  • 77.87 Acre Lot
  • Home fronts a stream
  • 2,551 Feet of Waterfront
  • Rural Setting
  • Fenced
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned 11 Residential

Home Design

  • Saltbox Architecture
  • Post and Beam
  • Concrete Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Kitchen Island

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Outdoor Features

  • Balcony

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Wood
  • Generator Hookup
  • Natural Gas Not Available
  • Well
  • No Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Free 2-1, Albion 30
  • Assessor Parcel Number FREM-000001-000000-000002-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,794

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 77.87
  • Road Surface Type: Paved
  • Water Body Name: Local Stream
  • MLS Status: Closed
  • Directions: From Freedom, head towards Albion on Route 137. Turn left on to N Palermo Rd, ptoperty is on right after 5.4 miles From Palermo, take N Palermo Rd towards Freedom, property is oin the left after 5.5 miles. Property Signed.
  • Above Grade Finished Sq Ft: 1530.0
  • Architectural Style: Saltbox
  • Garage Yn: No
  • Year Built: 2001
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 77.87
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1530.0
  • Property Information:SqFt Finished Below Grade: 1040.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Percent Basement Finished: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Fence: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 2550.5
  • Water Info:Water Frontage Owned -: 2550.5
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Vehicle Storage:Storage Above: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Site:PastureField: Yes
  • Construction:Post Beam: Yes
  • Electric:Generator Hookup: Yes
  • Amenities:In-Law Apartment: Yes
  • Floors:Concrete2: Yes
  • Room Features:BalconyDeck17: Yes
  • Style:Saltbox: Yes
  • Basement Entry:Exterior Only: Yes
  • Water Heater:None2: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Finished, Full, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1040.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Basement
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open Lot, Rolling Slope, Wooded, Pasture, Rural
  • View: Trees/Woods
  • Waterfront Features: Brook, Stream
  • Waterfront: Yes
  • Construction Type: Other, Post & Beam
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3392017.2
  • Parcel #: FREM-000001-000000-000002-000001
  • Zoning: 11 Residential

Tax Info

  • Tax Annual Amount: 3793.76
  • Tax Book Number: 6449
  • Tax Lot: Free 2-1, Albion 30
  • Tax Map Number: Free 1, Albion 2
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gombos Craig A $549,556
Closed Gombos Craig A $410,101
Closed Gombos Craig A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $320,000 -8.6% $125 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $350,000 -- $136 / 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 $4,249 $285,152 $91,094 $194,058
2023 $3,917 $191,089 $79,968 $111,121
2022 $3,568 $183,942 $72,821 $111,121
2021 $3,208 $168,853 $72,821 $96,032
2019 $3,300 $149,983 $68,600 $81,383
2018 $2,985 $149,983 $68,600 $81,383
2017 $2,790 $149,983 $68,600 $81,383
2016 $2,730 $149,983 $68,600 $81,383
2015 $2,752 $149,983 $68,600 $81,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1557804

Maine Listings

APN: FREM-000001-000000-000002-000001