NOT LISTED FOR SALE

186 & 164 Leeman Arm E Palermo, ME 04354

Estimated Value: $483,588

4 Beds
2 Baths
2,475 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $750,000 $303 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $2,758/month

40 Days on Market

Highlights

  • Additional Residence on Property
  • Tennis Courts
  • Contemporary Architecture
  • 200 Feet of Waterfront
  • Deck
  • Wooded Lot

About This Home

As of March 2021

Well cared for family waterfront compound. This property has been in the same family for decades. Property consists of 3 buildings, a shed, a tennis court and a bocce court!! It sits on 1.87 acres with 200 feet of frontage on Sheepscot Lake.
The 4 season main home is a 4bd/2 bath Lindal Cedar Home-exterior/interior cedar from the west coast! Remarkable spacious open concept floor plan with windows galore lakeside. There are 2 bedrooms on the first floor and 2 on the lower level, incredible stone fireplaces on both levels, recreation room, plentiful closets, 1st floor laundry, expansive deck, screened in porch and level front yard leading out to the lake.
The seasonal camp is also on the water. Built in 1979, 2 bd/1 bath with a loft. Open concept with well water , it's own laundry and large deck.
The garage is a great place for water toys and storage or perhaps a bunkhouse! There is a vintage sink in the garage for those outdoor projects. There is also a shed for more storage.
This property has a private natural feel to it with extraordinary stonewalls and steps.
Most contents will convey as well as the shoremaster dock.
Sheepscot Lake is a 1215 acre lake with a maximum depth of 132 feet and mean a depth of 42 feet.
It's roughly 30 minutes from Augusta and Belfast.
This is a WOW property!!
Come have your family make decades of memories of fabulous fun!!

Last Agent to Sell the Property

Pamela Armour

Bean Group Listed on: 12/01/2020

Last Buyer's Agent

Bridget King Jason Miller

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,586

Year Built

  • Built in 1991

Lot Details

  • 1.87 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Camp Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • 2 Fireplaces
  • Screened Porch
  • Water Views
  • Stove
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Tennis Courts
  • Deck
  • Shed

Additional Homes

  • Additional Residence on Property

Utilities

  • Central Air
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Power Generator
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56,56A & 57
  • Assessor Parcel Number 186/164LeemanArmEPalermo04354

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,586

Year Built

Built in 1991

Lot Details

1.87 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Road Frontage Type: Private
  • Water Body Name: Sheepscot Lake
  • MLS Status: Closed
  • Directions: Route 3 in Palermo onto Leeman Arm-bear left onto Leeman Arm East. Property on the left-sign in yard.
  • Above Grade Finished Sq Ft: 1475.0
  • Architectural Style: Camp, Contemporary
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 586.44
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.87
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1475.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Cooling:Central Air: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Heat System:Space Heater: Yes
  • Amenities:Tennis Court: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Well cared for family waterfront compound. This property has been in the same family for decades. Property consists of 3 buildings, a shed, a tennis court and a bocce court!! It sits on 1.87 acres with 200 feet of frontage on Sheepscot Lake. The 4 season main home is a 4bd/2 bath Lindal Cedar Home-exterior/interior cedar from the west coast! Remarkable spacious open concept floor plan with windows galore lakeside. There are 2 bedrooms on the first floor and 2 on the lower level, incredible stone fireplaces on both levels, recreation room, plentiful closets, 1st floor laundry, expansive deck, screened in porch and level front yard leading out to the lake. The seasonal camp is also on the water. Built in 1979, 2 bd/1 bath with a loft. Open concept with well water, it's own laundry and large deck. The garage is a great place for water toys and storage or perhaps a bunkhouse! There is a vintage sink in the garage for those outdoor projects. There is also a shed for more storage. This property has a private natural feel to it with extraordinary stonewalls and steps. Most contents will convey as well as the shoremaster dock. Sheepscot Lake is a 1215 acre lake with a maximum depth of 132 feet and mean a depth of 42 feet. It's roughly 30 minutes from Augusta and Belfast. This is a WOW property!! Come have your family make decades of memories of fabulous fun!!
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Finished, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Stove, Space Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 81457.2
  • Parcel #: 186/164LeemanArmEPalermo04354
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 8586.0
  • Tax Lot: 56,56A & 57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Diane M Knight T M and Diane Murray
Bought by
164 Leeman Arm East Llc
Current Estimated Value
$483,588
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
164 Leeman Arm East Llc -- None Available
164 Leeman Arm East Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $750,000 -13.3% $303 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $865,000 -- $349 / 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 $3,043 $264,600 $115,200 $149,400
2023 $2,911 $264,600 $115,200 $149,400
2022 $2,752 $264,600 $115,200 $149,400
2021 $3,127 $226,600 $115,200 $111,400
2020 $3,059 $226,600 $115,200 $111,400
2019 $3,014 $226,600 $115,200 $111,400
2018 $2,878 $226,600 $115,200 $111,400
2017 $3,036 $226,600 $115,200 $111,400
2016 $2,991 $226,600 $115,200 $111,400
2015 $3,014 $226,600 $115,200 $111,400
2013 $2,910 $253,000 $115,200 $137,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1477173

Maine Listings

APN: PALE-000004-000000-000056-D000000

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