NOT LISTED FOR SALE

127 Payson Path Hope, ME 04847

Estimated Value: $1,078,000 - $1,428,000

5 Beds
3 Baths
2,184 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 15, 2024

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

Est. 7% decrease in value since last sale

Current estimated payment $6,750/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 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:Seasonal: No
  • 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
  • Roads:GravelDirt: 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
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Basement
  • Bedroom 5:Bedroom 5 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 Lot: 25 and 26
  • 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
$1,190,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,006
Avg. Annual Appreciation
-4.59%
Source: Public Records

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

    3 in this area

    105 Total Sales

    Joseph Sortwell
    Section Image
  • Lewis Wheelwright

    Seller Co-Listing Agent in 2024

    Lewis Wheelwright

    LandVest, Inc.

    (207) 232-3951

    8 in this area

    91 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

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