NOT LISTED FOR SALE

12 Palmer Rd Westport Island, ME 04578

Estimated Value: $787,000 - $866,000

3 Beds
2 Baths
2,452 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $650,000 $265 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,945/month

8 Days on Market

Highlights

  • 315 Feet of Waterfront
  • Wooded Lot
  • Bonus Room
  • Deck
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of October 2022

Enjoy Maine life on the water with beautiful views! Lovely, year-round, executive ranch with over 300' of frontage on Back River in Westport. Relax by the new, outdoor stone fire pit overlooking the water - perfect for gathering with friends and family and taking in the wildlife. The 1 acre lot is conveniently situated just around the corner from Westport Island's public boat launch. The home boasts over 2,400sf of one level living with great room featuring cathedral ceilings, hearth and pellet stove. The primary suite includes a large, attached bathroom and sunroom to enjoy the view. There are two additional bedrooms and a 2nd bathroom as well for guests. Additional features include the attached 2 car garage, first floor laundry and on-demand generator. Westport Island is one of Maine's coastal treasures with Hiking trails and great Local Stops like Sasanoa Brewery, Squire Tarbox Inn and Westport Island Pottery. Great year-round home, vacation home or rental property. Located just minutes to Bath, Wiscasset, Boothbay and Damariscotta beaches, shops, restaurants & coastal Maine living. This home has great rental history. Note: Showings are limited as property is rented through Sept 30th.

Last Listed By

Marsha DeCosta

Tim Dunham Realty Brokerage Phone: 207-882-5020 Listed on: 08/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1987

Lot Details

  • 1.06 Acre Lot
  • 315 Feet of Waterfront
  • Ocean Front
  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned shoreland

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,452 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Tile Flooring
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 76.11
  • Assessor Parcel Number WPRR-000006-000000-000076-000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Back River
  • MLS Status: Closed
  • Directions: North on Rt. 1, right on Rt. 144. Right on Ferry Road. Right on Palmer Road. First home on left.
  • Above Grade Finished Sq Ft: 2452.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1987
  • Attribution Contact: 207-882-5020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2452.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Bonus Room:Bonus Room: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 315.0
  • Water Info:Water Frontage Owned -: 315.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Equipment:Generator: Yes
  • Vehicle Storage:Heated: Yes
  • Heat Fuel:Pellets: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Rural
  • Waterfront Features: Ocean, River
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Inside Entrance, Heated Garage, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46173.6
  • Parcel #: WPRR-000006-000000-000076-000011
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4048.0
  • Tax Book Number: 5406
  • Tax Lot: 76.11
  • Tax Map Number: 6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 7, 2022
Sold by
Difazio Marc P
Bought by
Walker Holly E and Walker Anthony B
Seller's Agent
Marsha DeCosta
Tim Dunham Realty
Buyer's Agent
Marsha DeCosta
Tim Dunham Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Total Days on Market
8
Current Estimated Value
$830,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,374
Avg. Annual Appreciation
10.92%

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 12, 2019
Sold by
Grant Donna E
Bought by
Difazio Marc P
Seller's Agent
Poe Cilley
Vitalius Real Estate Group
Buyer's Agent
Marsha DeCosta
Tim Dunham Realty
List Price
$460,000
Sold Price
$379,500
Premium/Discount to List
-$80,500
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%
Original Mortgage
$341,550
Interest Rate
3.9%
Mortgage Type
New Conventional

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
Walker Holly E $650,000 None Available
Walker Holly E $650,000 None Available
Difazio Marc P -- --
Difazio Marc P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Difazio Marc P $81,800
Previous Owner Difazio Marc P $343,000
Previous Owner Difazio Marc P $341,550
Previous Owner Grant Daryl L $341,900
Previous Owner Grant Daryl $358,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $650,000 -7.0% $265 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $699,000 +84.2% $285 / Sq Ft
07/15/2019 07/15/19 Sold $379,500 -17.5% $155 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
06/01/2018 06/01/18 For Sale $460,000 -- $188 / 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
2023 $4,094 $625,065 $399,087 $225,978
2022 $4,252 $512,347 $327,120 $185,227
2021 $4,048 $512,347 $327,120 $185,227
2020 $4,150 $512,347 $327,120 $185,227
2019 $3,827 $512,347 $327,120 $185,227
2018 $3,381 $512,347 $327,120 $185,227
2016 $3,689 $512,347 $327,120 $185,227
2014 $4,698 $625,599 $0 $0
2013 $4,848 $625,599 $424,760 $200,839
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1538798

Maine Listings

APN: WPRR-000006-000000-000076-000011