NOT LISTED FOR SALE

127 Payson Path Hope, ME 04847

Estimated Value: $1,063,265 - $1,366,000

5 Beds
3 Baths
2,184 Sq Ft
$565/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,275,000 $584 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,294/month

Highlights

  • 303 Feet of Waterfront
  • Docks
  • Wooded Lot
  • Hope Elementary School Rated A
  • Home fronts a pond
  • Wood Flooring

About This Home

As of May 2024

In a premium location on coveted Hobbs Pond, this idyllic waterfront property offers 1.84± acres and excellent broad views of the pond. The five-bedroom residence is a charming cottage in very good condition with comfortable living spaces, appealing character, and thoughtful updates. It features an open great room with a cathedral-style ceiling, wood-paneled walls, and exposed wood beams. A year-round sunporch has plenty of windows offering wonderful views of the pond and there are two well-integrated decks. The landscape has been professionally maintained with areas of lawn, established perennial gardens, rock walls and a walking path that leads to additional land for outdoor recreation. The property includes a cozy, versatile bunkhouse, a practical shed/garage, and 303± feet of frontage on the pond with a dock, float and a pebble beach area.

Last Agent to Sell the Property

Joseph Sortwell

LandVest, Inc. Listed on: 04/29/2024

Co-Listed By

Lewis Wheelwright

LandVest, Inc.

Last Buyer's Agent

Alex Cohen

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1995

Lot Details

  • 1.84 Acre Lot
  • Home fronts a pond
  • 303 Feet of Waterfront
  • Property fronts a private road
  • Road Access Is Seasonal
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural Res

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Docks
  • Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 25 and 26
  • Assessor Parcel Number HPPE-000019-000000-000025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 1995

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Hobbs Pond
  • Co List Office Mls Id: 1668
  • Co List Office Phone: 207-236-3543
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1584.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 1.84
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1584.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 303.0
  • Water Info:Water Frontage Owned -: 303.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Roads:Seasonal3: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 600.0
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80150.4
  • Parcel #: HPPE-000019-000000-000025
  • Zoning: Rural Res

Tax Info

  • Tax Annual Amount: 5095.0
  • Tax Book Number: 5575
  • Tax Lot: 25 and 26
  • Tax Map Number: 19
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 13, 2024
Sold by
Whitaker David M
Bought by
Limerock Union Llc
Seller's Agent
Joseph Sortwell
LandVest, Inc.
Buyer's Agent
Alex Cohen
RE/MAX JARET & COHN
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%
Views
12
Current Estimated Value
$1,233,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,934
Avg. Annual Appreciation
-5.70%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Limerock Union Llc $1,075,000 None Available
Limerock Union Llc $1,075,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,275,000 +2.0% $584 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $1,250,000 +66.7% $572 / Sq Ft
07/09/2020 07/09/20 Sold $750,000 +7.9% $343 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
09/06/2019 09/06/19 For Sale $695,000 -- $318 / 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 $6,101 $316,100 $133,300 $182,800
2023 $5,595 $316,100 $133,300 $182,800
2022 $5,095 $297,100 $133,300 $163,800
2021 $5,036 $297,100 $133,300 $163,800
2019 $4,962 $297,100 $133,300 $163,800
2018 $4,783 $297,100 $133,300 $163,800
2017 $4,397 $297,100 $133,300 $163,800
2016 $4,041 $297,100 $133,300 $163,800
2015 $3,981 $297,100 $133,300 $163,800
2014 $3,993 $295,800 $132,000 $163,800
2013 $3,816 $295,800 $132,000 $163,800
Source: Public Records

Agents Affiliated with this Home

  • Joseph Sortwell

    Seller's Agent in 2024

    Joseph Sortwell

    LandVest, Inc.

    (207) 236-3543

    109 Total Sales

    Joseph Sortwell
    Section Image
  • Lewis Wheelwright

    Seller Co-Listing Agent in 2024

    Lewis Wheelwright

    LandVest, Inc.

    (207) 232-3951

    94 Total Sales

    Lewis Wheelwright
    Section Image

  • A

    Buyer's Agent in 2024

    Alex Cohen

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1587280

Maine Listings

APN: HPPE-000019-000000-000025

Maine Knox County Hope 04847

127 Payson Path, Hope, ME

This home is located at 127 Payson Path, Hope, ME 04847 since 29 April 2024 and is currently estimated at $1,233,066, approximately $564 per square foot. This property was built in 1995. 127 Payson Path is a home located in Knox County with nearby schools including Hope Elementary School and Camden Hills Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes