NOT LISTED FOR SALE

134 Temples Way Palermo, ME 04354

Estimated Value: $494,000 - $641,407

5 Beds
2 Baths
2,076 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $440,000 $212 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,934/month

76 Days on Market

Highlights

  • Additional Residence on Property
  • River Front
  • Scenic Views
  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • 72.19 Acre Lot

About This Home

As of November 2022

Welcome yourself to Palermo with this breathtaking property! On 72.19 acres of fields, woods with land that goes all the way down to the Sheepscot River and gorgeous views of the mountains, this gem has it all and then some! The main house comes well equipped with a whole house generator, potential for solar power as the components are already in place, five or more bedrooms, two full bathrooms, full basement that can be heated and has plenty of space for a workshop, and a two car attached garage with another massive oversized bay out back for all your farming equipment, tractors, or other toys! Would also make for a fantastic mechanics garage! In need of some TLC, just bring your ideas to make your dream a reality! There was also a chicken coop on the very back end of the large garage and a goat shed in between the house and four bay garage. Now just when you think the main house has it all, there are also two rentable units located over the four bay garage! The first unit has an open concept kitchen and living room, two bedrooms, full bathroom with laundry hookup. The second unit has a similar layout, with two bedrooms, full bathroom and laundry hookup downstairs. Well situated in central Maine, you have the best of both worlds here...privacy and the ability to see many Maine treasures in thirty minutes or less! An easy commute to the capital for shopping and dining or head to the ocean for a relaxing beach day with just a thirty minute drive to Augusta, Waterville and Belfast. Boasting farms, hills, blueberry fields, friendly people and more, Palermo is also home to 9 beautiful ponds, including Sheepscot Pond which is one of the largest and you can enjoy fishing for landlocked salmon, bass, perch, trout and more! Also, RSU 12 students when they reach high school have a choice to attend Erskine Academy, a highly rated private school that provides students with a high quality education! What more can you ask for? You won't want to let this one slip by!

Last Agent to Sell the Property

Alisha Gillespie

Summit Real Estate Brokerage Email: office@surette-realestate.com Listed on: 08/22/2022

Last Buyer's Agent

Steven Chicoine

Rizzo Mattson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1985

Lot Details

  • 72.19 Acre Lot
  • Home fronts a pond
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 4 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,076 Sq Ft Home
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Stove
  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer

Additional Features

  • Additional Residence on Property
  • Pasture

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number PALE-000010-000000-000029-R000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,266

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 72.19
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot
  • MLS Status: Closed
  • Directions: Off Route 3, take Banton Road. Temples Way is first road on the right #134 is at the very end.
  • Above Grade Finished Sq Ft: 2076.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1985
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 72.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2076.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Mud Room:Mud Room: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • View:Mountain(s): Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:Gambrel: Yes
  • Amenities:In-Law Apartment: Yes
  • Heat Fuel:Pellets: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer
  • Has Basement: Bulkhead, Walk-Out Access, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • 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
  • Laundry Room Laundry Room Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Pasture, Rural
  • View: Fields, Mountain(s), Scenic, Trees/Woods
  • Waterfront Features: Pond, River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Gravel, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3144596.4
  • Parcel #: PALE-000010-000000-000029-R000000
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5266.0
  • Tax Book Number: 1710
  • Tax Lot: 29
  • Tax Map Number: R10
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Jan 19, 2023
Sold by
Mckenney Dale and Mckenney Pamela
Bought by
Raeder Mark
Seller's Agent
Alisha Gillespie
Summit Real Estate
Buyer's Agent
Steven Chicoine
Rizzo Mattson
List Price
$585,900
Sold Price
$440,000
Premium/Discount to List
-$145,900
-24.9%
Current Estimated Value
$624,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,143
Avg. Annual Appreciation
10.12%
Original Mortgage
$363,750
Outstanding Balance
$354,306
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,546

Purchase Details

Closed on
Aug 22, 2017
Sold by
Edward Robert Temple Lt and Temple
Bought by
Palermo Library Guild

Purchase Details

Closed on
May 16, 2005
Sold by
Vortriede Valerie J
Bought by
Edward Robert Temple Lt
Source: Public Records

Range of Values:

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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
Raeder Mark $485,000 None Available
Raeder Mark $485,000 None Available
Palermo Library Guild -- --
Palermo Library Guild -- --
Edward Robert Temple Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raeder Mark $363,750
Closed Raeder Mark $363,750
Previous Owner Edward Robert Temple Lt $112,500
Previous Owner Temple Edward R $75,000
Previous Owner Edward Robert Temple Lt $25,000
Previous Owner Edward Robert Temple Lt $205,000
Previous Owner Robert Edward Temple Lt $60,000
Previous Owner Edward Robert Temple Lt $40,000
Previous Owner Robert Edward Temple Lt $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $440,000 -11.8% $212 / Sq Ft
11/04/2022 11/04/22 Price Changed $499,000 -5.0% $240 / Sq Ft
10/28/2022 10/28/22 Price Changed $525,000 -10.4% $253 / Sq Ft
08/22/2022 08/22/22 For Sale $585,900 -- $282 / 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 $6,203 $539,400 $82,000 $457,400
2023 $5,933 $539,400 $82,000 $457,400
2022 $5,882 $565,600 $109,100 $456,500
2021 $5,383 $390,100 $109,100 $281,000
2020 $5,266 $390,100 $109,100 $281,000
2019 $5,176 $389,200 $109,100 $280,100
2018 $4,947 $389,500 $109,400 $280,100
2017 $5,221 $389,600 $109,500 $280,100
2016 $5,143 $389,600 $109,500 $280,100
2015 $5,182 $389,600 $109,500 $280,100
2013 $4,557 $396,300 $109,500 $286,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1540739

Maine Listings

APN: PALE-000010-000000-000029-R000000