NOT LISTED FOR SALE

140 Sandy Cove Palermo, ME 04354

Estimated Value: $371,808 - $430,000

3 Beds
1.5 Baths
2,290 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2020

Last sale price $218,000 $95 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,438 / mo

33 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Flooring
  • View of Trees or Woods
  • Deck
  • 1 Fireplace

About This Home

As of July 2020

PALERMO - Recently updated 3 bedroom, 1.5 bath Cape home on a fantastic lot with deeded access to Sheepscot Lake. New flooring and fresh paint throughout the house with extensive renovations done to the kitchen and bathroom. With summertime just around the corner this is a great time to buy this home. Enjoy 100' of a sandy beach getaway just a short walk from your own driveway without the waterfront property taxes!

Last Agent to Sell the Property

Tony Loiko

Coldwell Banker Realty Listed on: 04/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Johnny Swan

Brookewood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1996

Lot Details

  • 34,848 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property is zoned Rural

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 1 Fireplace
  • Views of Woods
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Well
  • Private Sewer

Listing and Financial Details

  • Tax Lot 69-15
  • Assessor Parcel Number PALE-000002-000000-000069-000015-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1996

Lot Details

0.8 Acres

HOA Fees

$29 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Water Body Name: Sheepscot Lake
  • MLS Status: Closed
  • Directions: From Route 3 - Turn onto Turner Ridge Rd. Sandy Cove is approximately 2 miles down Turner Ridge Rd on the left.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1996
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 133.33
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 490.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood

Exterior Features

  • View: Trees/Woods
  • Waterfront: Yes
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: PALE-000002-000000-000069-000015-D
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1955.0
  • Tax Lot: 69-15
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jul 15, 2020
Sold by
Tozier Katrina M and Tozier Justin K
Bought by
Tinkham Mark A
Seller's Agent
Tony Loiko
Coldwell Banker Realty
Buyer's Agent
Johnny Swan
Brookewood Realty
List Price
$259,999
Sold Price
$218,000
Premium/Discount to List
-$41,999
-16.15%
Current Estimated Value
$412,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,702
Avg. Annual Appreciation
11.72%
Original Mortgage
$130,000
Outstanding Balance
$113,982
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$298,720

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 12, 2019
Sold by
Sylvester Monte K
Bought by
Tozier Justin K and Tozier Katrina M
Seller's Agent
Tony Loiko
Coldwell Banker Realty
Buyer's Agent
Tony Loiko
AllMaineHomes, LLC
List Price
$194,900
Sold Price
$187,000
Premium/Discount to List
-$7,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.14%
Original Mortgage
$177,650
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tinkham Mark A -- None Available
Tozier Justin K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinkham Mark A $130,000
Previous Owner Tozier Justin K $177,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $218,000 -16.2% $95 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $259,999 +39.0% $114 / Sq Ft
08/13/2019 08/13/19 Sold $187,000 -4.1% $82 / Sq Ft View Prior Sale
07/23/2019 07/23/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $194,900 -- $85 / 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 $2,829 $246,000 $39,000 $207,000
2023 $2,706 $246,000 $39,000 $207,000
2022 $2,558 $246,000 $39,000 $207,000
2021 $2,124 $153,900 $39,000 $114,900
2020 $2,078 $153,900 $39,000 $114,900
2019 $2,047 $153,900 $39,000 $114,900
2018 $1,955 $153,900 $39,000 $114,900
2017 $2,062 $153,900 $39,000 $114,900
2016 $2,031 $153,900 $39,000 $114,900
2015 $2,047 $153,900 $39,000 $114,900
2013 $1,801 $156,600 $39,000 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1450153

Maine Listings

APN: PALE-000002-000000-000069-000015-D

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