NOT LISTED FOR SALE

1240 Hostile Valley Rd Palermo, ME 04354

Estimated Value: $622,000 - $1,207,000

4 Beds
2 Baths
2,516 Sq Ft
$390/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $900,000 $358 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,623/month

116 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Home fronts a pond
  • Deck
  • Docks
  • 39.41 Acre Lot
  • Wooded Lot

About This Home

As of February 2024

Welcome to Belden Pond where Dale's Cabin & Lower Cabin reside on 39+ Acres of remarkable land with 800+/- feet of water frontage! See what this private and tranquil compound has to offer!
First there's the distinctive Dale's Cabin, built with exceptional craftsmanship leaving no detail left untouched. Truly a magnificent, one of a kind masterpiece. From the exterior to the interior, the bathroom's oasis to the children's climbing wall to the little bunk loft... to the stonework, the patio and the stairway to the dock and waters edge!
Then there's the rustic charm of Lower Cabin offering a serene setting with greenery all around! The live edge siding sets the stage as you enter and see the wooden built-ins, live edge trim and exposed stairway with a wall of windows offering an incredible view.
The remaining land offers another waterfront building site or it could be your deer plot as wildlife thrive throughout this property. The water is clean and great for swimming, boating, kayaking, fishing, etc. With only one other residence on Belden Pond you basically have this fabulous setting all to yourself.
Each Cottage is fully equipped with solar power, battery storage, generator backup, Propane Rinnai & Woodstove heat! Use year round or seasonally. Each cottage also has an outhouse incase you decide to turn the water off for the winter but still want to use the Cottage's for Snowmobiling & Ice Fishing. Each Cottage has it's own Drilled Well & Septic System.
Great Rental Property (with rental history), Family Compound, Vacation Getaway or build another waterfront cottage, subdivide the land and sell for profit! So many options but still one thing remains... every moment spent here is filled with joy & calmness!

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 09/24/2023

Keller Williams Realty

Last Buyer's Agent

Kiera Hatch

RE/MAX Infinity

RE/MAX Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 2010

Lot Details

  • 39.41 Acre Lot
  • Home fronts a pond
  • 800 Feet of Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Post and Beam
  • Cottage
  • Camp Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Stove
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Power Generator
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 1240HostileValleyRoadPalermo04354

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,840

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 39.41
  • Road Surface Type: Paved
  • Water Body Name: Belden Pond
  • MLS Status: Closed
  • Directions: From Level Hill Road turn onto Hostile Valley Road. Travel a couple miles and Property will be on Left. No Drive By's Allowed. Gated.
  • Above Grade Finished Sq Ft: 2516.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 2010
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 39.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2516.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Gas: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 800.0
  • Water Info:Water Frontage Owned -: 800.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Construction:Post Beam: Yes
  • Equipment:Generator: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Loft:Loft: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Log Siding, Post & Beam, Log, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1716699.6
  • Parcel #: 1240HostileValleyRoadPalermo04354
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4840.0
  • Tax Book Number: 2221
  • Tax Lot: 30
  • Tax Map Number: R11
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Feb 2, 2024
Sold by
Mckenney Dale A and Mckenney Pamela J
Bought by
Nachman Binyamin and Nachman Hagit H
Seller's Agent
Steven Chicoine
Keller Williams Realty
Buyer's Agent
Kiera Hatch
RE/MAX Infinity
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%
Views
2
Current Estimated Value
$981,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,079
Avg. Annual Appreciation
-6.14%
Source: Public Records

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
Nachman Binyamin $900,000 None Available
Nachman Binyamin $900,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $900,000 -8.6% $358 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
09/24/2023 09/24/23 For Sale $985,000 -- $391 / 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 $5,060 $440,000 $106,900 $333,100
2023 $4,840 $440,000 $106,900 $333,100
2022 $4,655 $447,600 $114,500 $333,100
2021 $4,219 $305,700 $114,500 $191,200
2020 $4,127 $305,700 $114,500 $191,200
2019 $4,066 $305,700 $114,500 $191,200
2018 $3,882 $305,700 $114,500 $191,200
2017 $4,096 $305,700 $114,500 $191,200
2016 $4,035 $305,700 $114,500 $191,200
2015 $4,050 $304,500 $114,500 $190,000
2013 $2,347 $204,100 $116,500 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1572940

Maine Listings

APN: PALE-000011-000000-000030-R000000