NOT LISTED FOR SALE

161 Thompson Rd Arundel, ME 04046

Estimated Value: $578,000 - $667,000

2 Acres
$313,065 Price per Acre
87,120 Sq Ft Lot

Last Sold January 18, 2023

Last sale price $110,000

Est. 469% increase in value since last sale

Current estimated payment $3,898/month

2 Days on Market

About This Lot

As of January 2023

Large two acre lot surrounded by two upscale subdivisions. The lot an uninhabitable mobile home and has Power and Septic on Site. On a paved Public Road Minutes to Biddeford Crossing and Kennebunk.

Last Agent to Sell the Property

Casey Gray

RE/MAX Coastal Listed on: 12/13/2022

RE/MAX Coastal

Last Buyer's Agent

Christian Steppe

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $919

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Wooded Lot
  • Property is zoned r4

Parking

  • Gravel Driveway

Mobile Home

  • Mobile Home Allowed

Utilities

  • Natural Gas Not Available
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 9a
  • Assessor Parcel Number ARUN-000021-000000-000009A

Property Details

Property Type

Land

Est. Annual Taxes

$919

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Ownership: Conservator Deed
  • MLS Status: Closed
  • Directions: Route 111 to Thompson The lot is located between Timber ridge and Lochlannach Lane
  • Property Information:Lot Size Acres -: 2.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Electric:Circuit Breakers: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Neighborhood, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: ARUN-000021-000000-000009A
  • Zoning: r4

Tax Info

  • Tax Annual Amount: 919.0
  • Tax Book Number: 14463
  • Tax Lot: 9a
  • Tax Map Number: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Theriault Sylvain
Bought by
Marchis Alina and Artemyev Kirill
Current Estimated Value
$626,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$420,905
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,992

Purchase Details

Closed on
May 17, 2005
Sold by
Roberge Sharon and Roberge Roland
Bought by
Michaud Nancy D and Michaud Alve F
Source: Public Records

Similar Property in the area

  • Lot#00 Mills Rd, Kennebunkport, ME 04046

    $585,000

    • Land
    • 1.8 Acres
    • $325,000 per Acre
    • Lot#00 Mills Rd
    • Kennebunkport, ME

    Wonderfully located and rare building lot just a mile from one of Maines finest beaches. This 1.8 acre lot near Goose Rocks Beach has been surveyed ,and there is a perk test available. The dreamy piece of land consists of an open field and some forested areas just a few minutes walk to conservation trails and very near to the ocean.

    Susanne Wolff Kennebunk Beach Realty

    Section Image

Range of Values:

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Average Value
Not Available
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
Marchis Alina $594,040 None Available
Michaud Nancy D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchis Alina $427,000
Previous Owner Michaud Alve F $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $110,000 +27.9% --
12/15/2022 12/15/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $86,000 -- --
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 $4,922 $289,500 $46,700 $242,800
2023 $1,826 $107,400 $46,700 $60,700
2022 $919 $54,400 $46,700 $7,700
2021 $919 $54,400 $46,700 $7,700
2020 $910 $54,400 $46,700 $7,700
2019 $1,263 $77,500 $46,700 $30,800
2018 $1,234 $77,500 $46,700 $30,800
2017 $1,201 $77,500 $46,700 $30,800
2016 $1,172 $77,500 $46,700 $30,800
2015 $1,159 $77,500 $46,700 $30,800
2014 $1,124 $77,500 $46,700 $30,800
2013 $1,124 $77,500 $46,700 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1549666

Maine Listings

APN: ARUN-000021-000000-000009A