Seller's Agent in 2021
Jeffrey Davis
Town & Shore Real Estate
(207) 233-9423
155 Total Sales
1560 Hostile Valley Rd Palermo, ME 04354
Estimated Value: $296,990 - $480,000
3
Beds
2
Baths
2,189
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Deck
- 1 Fireplace
- Cape Cod Architecture
- Wood Flooring
- No HOA
About This Home
As of November 2021First time on the open market in over 100 years! Looking for peace and quiet? This amazing property is 28.4 acres with extensive frontage on Hostile Valley Road. With an intriguing history, this was originally a hooper's mill which manufactured metal hoops for wooden barrels and was relocated to this location and became a residence with a firearms machine shop and store. The building has beautiful, historical features including dramatic woodwork, exposed beams, central cathedral ceiling, and a large fieldstone fireplace with a built-in BBQ designed by prominent mason Jeff Gammelin, who was featured in many magazines including Down East, This Old House, and Martha Stewart's Living. The house has 2 full baths including the first floor with updated plumbing and flooring, three bedrooms including a master suite, living room with new carpet, formal dining room with woodstove, large den (formally the store), rear deck, 3-bay garage, and outbuilding. New pump, water tank and well-cap 2016. Come discover this historic retreat. It may be possible to break off lot(s) in the future, please verify with Town. Centrally located between Augusta (23mi), Waterville (24mi), and Camden-Rockport (25m).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,350
Year Built
- Built in 1850
Lot Details
- 28.4 Acre Lot
- Dirt Road
- Rural Setting
- Lot Has A Rolling Slope
Parking
- 3 Car Garage
- Gravel Driveway
Home Design
- Cape Cod Architecture
- New Englander Architecture
- Farmhouse Style Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,189 Sq Ft Home
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Views of Woods
- Storm Windows
Kitchen
- Electric Range
- Stove
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Shed
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Kerosene
- Heating System Uses Oil
- Heating System Uses Wood
- Baseboard Heating
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number PALE-000011-000000-000005-R000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2021
Closed on
Nov 17, 2021
Sold by
Palermo Town Of
Bought by
Cail Jessica
Seller's Agent
Jeffrey Davis
Town & Shore Real Estate
Buyer's Agent
Shawn Knight
Hearth & Key Realty
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,503
Avg. Annual Appreciation
18.43%
Original Mortgage
$206,196
Outstanding Balance
$191,307
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$202,690
Purchase Details
Listed on
Sep 2, 2021
Closed on
Nov 15, 2021
Sold by
Cail Jessica
Bought by
Vashon Tammy
Seller's Agent
Jeffrey Davis
Town & Shore Real Estate
Buyer's Agent
Shawn Knight
Hearth & Key Realty
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$191,307
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$202,690
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cail Jessica | -- | None Available | |
| Vashon Tammy | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vashon Tammy | $7,781 | |
| Open | Cail Jessica | $206,196 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2021 11/16/21 | Sold | $210,000 | -4.1% | $96 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $219,000 | -- | $100 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,494 | $216,900 | $59,400 | $157,500 |
| 2023 | $2,386 | $216,900 | $59,400 | $157,500 |
| 2022 | $2,256 | $216,900 | $59,400 | $157,500 |
| 2021 | $2,271 | $164,600 | $59,400 | $105,200 |
| 2020 | $2,222 | $164,600 | $59,400 | $105,200 |
| 2019 | $2,189 | $164,600 | $59,400 | $105,200 |
| 2018 | $2,090 | $164,600 | $59,400 | $105,200 |
| 2017 | $2,602 | $194,200 | $89,000 | $105,200 |
| 2016 | $2,563 | $194,200 | $89,000 | $105,200 |
| 2015 | $2,583 | $194,200 | $89,000 | $105,200 |
| 2013 | $2,233 | $194,200 | $89,000 | $105,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2021
Shawn Knight
Hearth & Key Realty
(207) 312-9182
45 Total Sales
Map
Source: Maine Listings
MLS Number: 1507518
APN: PALE-000011-000000-000005-R000000
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