NOT LISTED FOR SALE

18 Memory Ln Hermon, ME 04401

Estimated Value: $220,000 - $279,173

3 Beds
1 Bath
1,064 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $100,000 $94 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,492/month

52 Days on Market

Highlights

  • Barn
  • Property is near public transit
  • Ranch Style House
  • Country Club
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of April 2016

Commercial or Residential! Great location for a single family home and/or business opportunity! Home offers 3 bedrooms, 1 bathroom, 2-car detached garage plus barn on .96 acres.

Last Agent to Sell the Property

Tammy Nelson

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 02/04/2016

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Robert Marcoux

NextHome Experience

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1957

Lot Details

  • 0.96 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Comm/Res (RC)

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Central Vacuum
  • Living Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • Property is near a golf course

Farming

  • Barn

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,405

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From intersection of I-395 and Hammond Street, go out Route 2 (Hammond Street) 2.26 miles to Memory Lane on right. First home on left.
  • Above Grade Finished Sq Ft: 1064.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 93.98
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.96
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1064.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Sunroom:Sunroom: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Exterior:Aluminum Siding: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Electric:Fuses: Yes
  • Equipment:Central Vacuum: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Commercial or Residential! Great location for a single family home and/or business opportunity! Home offers 3 bedrooms, 1 bathroom, 2-car detached garage plus barn on .96 acres.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Industrial Park, Near Golf Course, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41817.6
  • Parcel #: 999999
  • Zoning: Comm/Res (RC)

Tax Info

  • Tax Annual Amount: 1405.0
  • Tax Lot: 13
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 2, 2016
Sold by
Ross-Carver Julie
Bought by
Jipson Tony D and Jipson Courtney E
Seller's Agent
Tammy Nelson
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Robert Marcoux
NextHome Experience
List Price
$124,500
Sold Price
$100,000
Premium/Discount to List
-$24,500
-19.68%
Current Estimated Value
$252,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,543
Avg. Annual Appreciation
10.08%
Original Mortgage
$102,827
Outstanding Balance
$82,044
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$170,499
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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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
Jipson Tony D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jipson Tony D $102,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $100,000 -19.7% $94 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $124,500 -- $117 / 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 $1,973 $181,000 $43,600 $137,400
2023 $1,947 $165,700 $40,600 $125,100
2022 $1,735 $145,800 $36,100 $109,700
2021 $1,704 $142,100 $35,000 $107,100
2020 $1,670 $139,300 $34,100 $105,200
2019 $1,617 $134,900 $33,300 $101,600
2018 $1,565 $134,900 $33,300 $101,600
2017 $1,492 $122,300 $36,000 $86,300
2016 $1,414 $117,800 $34,600 $83,200
2015 $1,405 $117,100 $33,300 $83,800
2014 $1,371 $114,270 $33,313 $80,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1250258

Maine Listings

APN: HERM-000022-000063