NOT LISTED FOR SALE

12 University Place Orono, ME 04473

Orono Neighborhood

Estimated Value: $454,000 - $536,000

2 Beds
2 Baths
1,912 Sq Ft
$251/Sq Ft Est. Value

Last Sold November 21, 2024

Last sale price $474,000 $248 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,115/month

50 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 216 Feet of Waterfront
  • Spa
  • Orono Middle School Rated A
  • Docks
  • 0.83 Acre Lot

About This Home

As of November 2024

There aren't many opportunities to own an architect designed mid-century home in our marketplace but here it is! The home was designed by noted Bangor architect Eaton Tarbell and built in 1950. In 1990 another architect designed thoughtful additions which expanded the dining room, living room, master bedroom, and master bath. The big bonus here is the .83 acre park-like waterfront lot which offers expansive views of the Stillwater River. Imagine morning coffee or happy hour drinks overlooking all of this. The living room is very spacious with highlights to include hardwood floors, a fireplace, a wall of built-in bookshelves/ storage cabinets, and views through a wall of windows. The dining room also has hardwood floors in addition to original wood paneling and built-ins. The kitchen provides ample cabinet space and probably enough space for a small work island to be added. You won't want to leave the master bedroom with a master bath to keep you there. The bath is large and offers the rest and relaxation feature of an in-floor hot tub/spa. Enjoy that with a view of the yard and river through floor to ceiling windows. A metal dock with wood planks will also convey. University Place provides a tucked away neighborhood feel but is just a short walk to in-town Orono or UMaine. This home has been in the same family since 1976 and will be a showplace once again with your personal design inspiration and cosmetics. So much potential here to have a one of a kind property.

Last Listed By

Russell Harrington

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 09/16/2024

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,404

Year Built

  • Built in 1950

Lot Details

  • 0.83 Acre Lot
  • 216 Feet of Waterfront
  • River Front
  • Landscaped
  • Property is zoned Limited Res/Shore

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,912 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Docks
  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number ORON-019004-000000-000075

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,404

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Road Surface Type: Paved
  • Water Body Name: Stillwater
  • MLS Status: Closed
  • Directions: Main Street in Orono to College Avenue. Left at light onto College Avenue. University Place is the 1st and 2nd left off College Aveneue.
  • Above Grade Finished Sq Ft: 1912.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.83
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1912.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 216.0
  • Water Info:Water Frontage Owned -: 216.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Water Heater:Heat Pump2: Yes
  • Recreational Water:Dock: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Amenities:Hot Tub: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Dining Room Amenities:Formal: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Roof:TarGravel: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Partial, Sump Pump, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor 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: Landscaped, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Tar/Gravel
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 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: 36154.8
  • Parcel #: ORON-019004-000000-000075
  • Zoning: Limited Res/Shore

Tax Info

  • Tax Annual Amount: 5404.0
  • Tax Book Number: 17154
  • Tax Lot: 75
  • Tax Map Number: 19-4
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Barbara D Clark Ret and Td Bank Na Tr
Bought by
Clark John H and Clark Catherine E
Total Days on Market
50
Current Estimated Value
$480,787

Purchase Details

Closed on
Sep 25, 2015
Sold by
Clark Barbara D
Bought by
Barbara D Clark Ret

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
Clark John H -- None Available
Clark John H -- None Available
Barbara D Clark Ret -- --
Barbara D Clark Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartek Joseph R $379,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $474,000 -4.8% $248 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $498,000 -- $260 / 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 $5,404 $253,100 $67,500 $185,600
2023 $5,384 $230,100 $61,400 $168,700
2022 $5,429 $228,100 $61,400 $166,700
2021 $5,417 $228,100 $61,400 $166,700
2020 $7,228 $257,300 $141,700 $115,600
2019 $6,806 $257,300 $141,700 $115,600
2018 $6,245 $257,300 $141,700 $115,600
2017 $6,690 $257,300 $141,700 $115,600
2016 $6,394 $257,300 $141,700 $115,600
2015 $6,278 $257,300 $141,700 $115,600
2014 $6,137 $257,300 $141,700 $115,600
2013 $5,969 $257,300 $141,700 $115,600
Source: Public Records

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Source: Maine Listings

MLS Number: 1603957

Maine Listings

APN: ORON-019004-000000-000075