NOT LISTED FOR SALE

1399 Level Hill Rd Palermo, ME 04354

Estimated Value: $387,000 - $409,071

1 Bed
1 Bath
945 Sq Ft
$421/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $380,000 $402 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,214/month

3 Days on Market

Highlights

  • 2,200 Feet of Waterfront
  • Wood Flooring
  • No HOA
  • Deck
  • 1 Fireplace
  • Camp Architecture

About This Home

As of December 2024

Escape to a one-of-a-kind retreat with this unique cottage nestled on over 12 acres and more than 2,200 feet of private frontage on spring-fed, pristine Bowler Pond. Tucked away in a secluded setting with only a few homes on the water, this property offers the ultimate in peace, privacy, and natural beauty. The cozy cottage with a guest studio and a traditional sauna is perfect as a weekend getaway, a family retreat, or an income-generating rental. But the real opportunity lies in the expansive land, which offers plenty of room to build your dream year-round lake home. A large point on the northern end of the pond with an established, sandy swimming hole provides an excellent location for a new build. Imagine designing a custom waterfront residence with stunning panoramic views of the pond with its eagles and beavers, while still preserving the charm and privacy of this incredible location. Additionally, five of the twelve acres sit on the other side of the road and would make another great, elevated building lot with water views. Whether you want to enjoy the cottage as-is or take advantage of the potential to build a larger home, this property gives you the flexibility to create your ideal lakeside lifestyle. Don't miss out on this rare opportunity to own a unique piece of Maine real estate, with the perfect blend of tranquility and development potential. Set up a showing today and make your vision a reality on Bowler Pond!

Last Agent to Sell the Property

Dave Demeo

RE/MAX Riverside Listed on: 11/10/2024

RE/MAX Riverside

Last Buyer's Agent

Courtney Olson

Tim Dunham Realty

Tim Dunham Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1985

Lot Details

  • 12.1 Acre Lot
  • 2,200 Feet of Waterfront
  • Seasonal Access to Property
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Camp Architecture
  • Shingle Roof

Interior Spaces

  • 945 Sq Ft Home
  • 1 Fireplace
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Doghouse Basement Entry
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31F
  • Assessor Parcel Number PALE-000007-000000-000031F-R000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

Built in 1985

Lot Details

12.1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 12.1
  • Water Body Name: Bowler Pond
  • MLS Status: Closed
  • Directions: GPS Friendly. Sign on Property. Head north on Level Hill Road past cottage to get to pull off for northern section of property.
  • Above Grade Finished Sq Ft: 945.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 402.12
  • Property Information:Seasonal: Yes
  • Water Info:Water View2: Yes
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Water Info:Waterfront Amount -: 2200.0
  • Water Info:Water Frontage Owned -: 2200.0
  • Water Info:Water Frontage Shared -: 15.0
  • Special Features: None

Interior Features

  • Has Basement: Doghouse, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • View: Scenic, Trees/Woods
  • Waterfront: Yes
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch, Porch-Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 527076.0
  • Parcel #: PALE-000007-000000-000031F-R000000
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2408.0
  • Tax Lot: 31F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2024
Closed on
Nov 27, 2024
Sold by
Thacker Therion
Bought by
Sugg William C and Sugg Heather E
Seller's Agent
Dave Demeo
RE/MAX Riverside
Buyer's Agent
Courtney Olson
Tim Dunham Realty
List Price
$380,000
Sold Price
$380,000
Views
6
Current Estimated Value
$385,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,035
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 29, 2023
Sold by
Socea Dorothea M
Bought by
Thacker Therion
Seller's Agent
Samuel Mehorter
Home Town Real Estate & Property Management
Buyer's Agent
Marjorie Turner
True North Realty, Inc.
List Price
$395,000
Sold Price
$345,000
Premium/Discount to List
-$50,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Sugg William C $380,000 None Available
Sugg William C $380,000 None Available
Thacker Therion $345,000 None Available
Thacker Therion $345,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $380,000 0.0% $402 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/10/2024 11/10/24 For Sale $380,000 +10.1% $402 / Sq Ft
09/29/2023 09/29/23 Sold $345,000 -12.7% $365 / Sq Ft View Prior Sale
07/21/2022 07/21/22 For Sale $395,000 -- $418 / Sq Ft
Source: Maine Listings

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 $2,517 $218,900 $150,100 $68,800
2023 $2,408 $218,900 $150,100 $68,800
2022 $2,277 $218,900 $150,100 $68,800
2021 $2,717 $196,900 $150,100 $46,800
2020 $2,658 $196,900 $150,100 $46,800
2019 $2,619 $196,900 $150,100 $46,800
2018 $2,501 $196,900 $150,100 $46,800
2017 $2,578 $192,400 $145,600 $46,800
2016 $2,540 $192,400 $145,600 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1609099

Maine Listings

APN: PALE-000007-000000-000031F-R000000

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