NOT LISTED FOR SALE

127 Gray Meadow Rd Orland, ME 04472

Estimated Value: $242,000 - $327,000

3 Beds
3 Baths
1,360 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $130,000 $96 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,589/month

89 Days on Market

Highlights

  • Additional Residence on Property
  • Farmhouse Style Home
  • Mobile Home
  • Wood Flooring
  • No HOA
  • Level Lot

About This Home

As of October 2023

Unique opportunity to own 2 homes on one lot. This property consists of a spacious 3 bedroom farmhouse and 2 bedroom mobile home. One home can be lived in and the other rented out. All of this is situated on a beautiful lot just a short drive Castine and Maine Maritime Academy.

Last Agent to Sell the Property

Dan Patry

Patry Family Realty, Inc. Listed on: 05/17/2023

Last Buyer's Agent

Pat Dunham

Swan Agency Real Estate

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1900

Lot Details

  • 0.66 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • 1,360 Sq Ft Home
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • Additional Residence on Property
  • Single Wide

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 2
  • Assessor Parcel Number 127/129graymeadowroadorland04472

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$1,513

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.66
  • MLS Status: Closed
  • Directions: Rt. 1 to School House Rd., left on Gray Meadow Rd. Property is on the right.
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Farmhouse, Single Wide
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 99.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.66
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1360.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Wood Siding: Yes
  • Construction:Mobile: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: Yes
  • Style:Single Wide: Yes
  • Basement:Sump Pump: Yes
  • Heat System:No Heat System: Yes
  • Advertising Remarks:Advertising Remarks: Unique opportunity to own 2 homes on one lot. This property consists of a spacious 3 bedroom farmhouse and 2 bedroom mobile home. One home can be lived in and the other rented out. All of this is situated on a beautiful lot just a short drive Castine and Maine Maritime Academy.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Has Basement: None, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Mobile, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28749.6
  • Parcel #: 127/129graymeadowroadorland04472
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1513.0
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Oct 5, 2023
Sold by
Fnma
Bought by
Mckay Richard L and Mckay Betty J
Seller's Agent
Dan Patry
Patry Family Realty, Inc.
Buyer's Agent
Pat Dunham
Swan Agency Real Estate
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%
Current Estimated Value
$270,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,783
Avg. Annual Appreciation
39.17%
Original Mortgage
$108,000
Outstanding Balance
$105,725
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,058

Purchase Details

Closed on
Feb 9, 2023
Sold by
Stapelfeldt Christopher D and Federal Natl Mtg Assn
Bought by
Federal Natl Mtg Assn
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
Mckay Richard L $130,000 None Available
Federal Natl Mtg Assn $121,197 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Richard L $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $130,000 -18.7% $96 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $159,900 -- $118 / 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 $1,992 $163,560 $56,870 $106,690
2023 $1,927 $163,560 $56,870 $106,690
2022 $1,600 $163,560 $56,870 $106,690
2021 $1,513 $98,890 $35,020 $63,870
2020 $1,513 $98,890 $35,020 $63,870
2019 $2,287 $98,890 $35,020 $63,870
2018 $355 $98,890 $35,020 $63,870
2017 $2,130 $98,890 $35,020 $63,870
2016 $2,275 $98,890 $35,020 $63,870
2015 $1,355 $98,890 $35,020 $63,870
2014 $1,404 $98,890 $35,020 $63,870
2013 $1,404 $98,890 $35,020 $63,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1559168

Maine Listings

APN: ORLA-000024-000000-000002