NOT LISTED FOR SALE

14 Rileys Way Palermo, ME 04354

Estimated Value: $278,000 - $448,000

2 Beds
1.5 Baths
1,544 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $225,000 $146 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,978/month

177 Days on Market

Highlights

  • Nearby Water Access
  • Wooded Lot
  • Mud Room
  • View of Trees or Woods
  • Ranch Style House
  • Tile Flooring

About This Home

As of May 2023

Currently a daycare facility but could be easily converted to a 2-bedroom home. Kitchen is fully functional and property features 1 and a half baths.

Last Agent to Sell the Property

Richard Sutter Jr

LHI Realty, LLC Listed on: 03/26/2023

Last Buyer's Agent

Amy Tartaglia

Hoang Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 2010

Lot Details

  • 1.16 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned Commercial

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,544 Sq Ft Home
  • Mud Room
  • Views of Woods

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • Property has a Home Owners Association
  • Tbd With Survey Subdivision

Listing and Financial Details

  • Tax Lot 22A
  • Assessor Parcel Number PALE-000002-000000-000022A-R000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Subdivision Name: TBD with Survey
  • Directions: Route 3 from Augusta toward Belfast. Go past Tobey's store. Rileys Way is on left after Palermo Town Line.
  • Above Grade Finished Sq Ft: 1544.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 2010
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1544.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50529.6
  • Parcel #: PALE-000002-000000-000022A-R000000
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 1993.0
  • Tax Book Number: 3914
  • Tax Lot: 22A
  • Tax Map Number: R-2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
May 19, 2023
Sold by
Great Expectations For Ea
Bought by
Trent Eric P
Seller's Agent
Richard Sutter Jr
LHI Realty, LLC
Buyer's Agent
Amy Tartaglia
Hoang Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$335,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,841
Avg. Annual Appreciation
18.33%
Original Mortgage
$185,000
Outstanding Balance
$179,752
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,089

Purchase Details

Closed on
Nov 6, 2014
Sold by
Mckenney Dale A and Mckenney Pamela J
Bought by
Great Exp For Early Learn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.18%
Mortgage Type
New Conventional
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
Trent Eric P -- None Available
Trent Eric P -- None Available
Trent Eric P -- None Available
Great Exp For Early Learn -- --
Great Exp For Early Learn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trent Eric P $185,000
Closed Trent Eric P $185,000
Previous Owner Great Exp For Early Learn $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $225,000 -4.3% $146 / Sq Ft
11/07/2022 11/07/22 Price Changed $235,000 -6.0% $152 / Sq Ft
10/18/2022 10/18/22 For Sale $250,000 -- $162 / 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 $2,369 $206,000 $40,200 $165,800
2023 $2,266 $206,000 $40,200 $165,800
2022 $2,156 $207,300 $41,500 $165,800
2021 $1,993 $144,400 $41,500 $102,900
2020 $1,949 $144,400 $41,500 $102,900
2019 $1,854 $139,400 $36,500 $102,900
2018 $1,770 $139,400 $36,500 $102,900
2017 $1,868 $139,400 $36,500 $102,900
2016 $1,840 $139,400 $36,500 $102,900
2015 $1,854 $139,400 $36,500 $102,900
2013 $1,616 $140,500 $36,500 $104,000
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1546150

Maine Listings

APN: PALE-000002-000000-000022A-R000000