NOT LISTED FOR SALE

138 Branch Mills Rd Palermo, ME 04354

Estimated Value: $453,000 - $527,000

5 Beds
3 Baths
2,488 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $451,000 $181 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,872/month

17 Days on Market

Highlights

  • Barn
  • Farmhouse Style Home
  • 1 Fireplace
  • Wood Flooring
  • Attic
  • No HOA

About This Home

As of August 2024

If you've been looking for an authentic antique farmhouse in pristine condition just 30 minutes to the beaches of Midcoast Maine, look no further. This spacious but cozy home will transport you to a simpler time. The majestic attached barn towers over the home and provides an abundance of space and storage. The reinforced wood floors also allow for 2 car storage so it conveniently doubles as a garage. The 1 acre manicured lot is adorned with fruit trees, lilacs, hydrangeas, day lilies, and so much more. The modest lot size is just enough to grow ample fruits and vegetables for your family, but remains easy to care for (and pay taxes on!) Stroll a few minutes down the road and you'll reach the quaint and clean Branch Pond, perfect for fishing or kayaking. Step inside and enjoy the benefit of an updated chef's kitchen with 36'' 6 burner Bluestar gas stove, Zephyr hood vent, oversized refrigerator, and butcher block center island. Both bathrooms have also been renovated to modern standards, so you won't have to worry about pricey cosmetic upgrades that are commonly seen in homes of this age. Almost all of the original interior woodwork has been preserved and maintained including gorgeous hardwood floors throughout. One of the best features of this home is the 4 mini split heat pump units installed throughout the home, which provide air conditioning on hot summer days and a supplemental heat source in the winter. The wood stove in the main living room is the perfect addition to your Maine winter lifestyle and is sure to be a centerpiece for gathering and reading during the holidays. The glassed-in sun porch on the side of the home is one of my favorite spaces - light, bright, airy, and peaceful. This home also features a separate 2 bedroom in-law apartment on the second floor that benefits from its own entrance. This space is perfect for extended family, guests, rental income, or a home office/business! Join us at the open house this Saturday July 13th from 10AM - 12PM

Last Agent to Sell the Property

Laura Dionne

Keller Williams Realty Listed on: 07/11/2024

Keller Williams Realty

Last Buyer's Agent

Corey Lee

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1922

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Landscaped
  • Open Lot
  • Sloped Lot
  • Property is zoned Rural

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,488 Sq Ft Home
  • Built-In Features
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Interior Basement Entry
  • Attic

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Enclosed Glass Porch
  • Barn

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 138branchmillsroadpalermo04354

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,292

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly, sign on property
  • Above Grade Finished Sq Ft: 2488.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1922
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2488.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Heat Stove29: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Den:Den: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Den Amenities:Built-Ins7: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Other Equipment: Cable
  • Has Basement: Interior, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: In-Law Apartment, Attic, Storage
  • Window Features: Double Pane Windows
  • 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: Second

Exterior Features

  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Storage Above, 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Heat Pump, Forced Air, Direct Vent Furnace
  • 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: 43560.0
  • Parcel #: 138branchmillsroadpalermo04354
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3292.3
  • Tax Book Number: 4872
  • Tax Lot: 11
  • Tax Map Number: D1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 29, 2024
Sold by
Rodriguez Dora L and Rodriguez Mark A
Bought by
Mcnab Danielle and Mcnab Nathan
Seller's Agent
Laura Dionne
Keller Williams Realty
Buyer's Agent
Corey Lee
Real Broker
List Price
$455,000
Sold Price
$451,000
Premium/Discount to List
-$4,000
-0.88%
Views
59
Current Estimated Value
$487,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,535
Avg. Annual Appreciation
7.41%
Original Mortgage
$360,800
Outstanding Balance
$356,969
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,566

Purchase Details

Closed on
Dec 12, 2022
Sold by
Wheatman Bridget K and Wheatman Brian D
Bought by
Rodriguez Mark A and Rodriguez Dora L

Purchase Details

Closed on
May 11, 2021
Sold by
Sprague Mary C and Sprague Dan
Bought by
Wheatman Brian D and Wheatman Bridget K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2016
Sold by
Williams Frederick K and Williams Nancy J
Bought by
Sprague Mary C and Sprague Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
2.88%
Mortgage Type
Commercial
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
Mcnab Danielle $451,000 None Available
Mcnab Danielle $451,000 None Available
Rodriguez Mark A $387,000 None Available
Rodriguez Mark A $387,000 None Available
Wheatman Brian D -- None Available
Wheatman Brian D -- None Available
Sprague Mary C -- --
Sprague Mary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnab Danielle $360,800
Closed Mcnab Danielle $360,800
Previous Owner Wheatman Brian D $248,000
Previous Owner Sprague Mary C $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $451,000 -0.9% $181 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $455,000 -- $183 / 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 $3,442 $299,300 $32,000 $267,300
2023 $3,292 $299,300 $32,000 $267,300
2022 $3,113 $299,300 $32,000 $267,300
2021 $2,687 $194,700 $32,000 $162,700
2020 $2,628 $194,700 $32,000 $162,700
2019 $2,590 $194,700 $32,000 $162,700
2018 $2,473 $194,700 $32,000 $162,700
2017 $2,609 $194,700 $32,000 $162,700
2016 $2,570 $194,700 $32,000 $162,700
2015 $2,590 $194,700 $32,000 $162,700
2013 $2,239 $194,700 $32,000 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596580

Maine Listings

APN: PALE-000001-000000-000011-D000000