Seller's Agent in 2024
Michael Hamilton
Keller Williams Realty
(207) 570-8998
261 Total Sales
186 Leeman Arm E Palermo, ME 04354
Estimated Value: $538,000 - $805,000
4
Beds
2
Baths
2,475
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Tennis Courts
- Property Near A Cove
- Docks
- Home fronts a pond
- Chalet
About This Home
As of June 2024Welcome to 186 Leeman Arm E on the shores of beautiful Sheepscot Pond. Just 25 minutes off the highway in Augusta, this stunning Lindal Cedar Home is the perfect weekend getaway or year round oasis. Step through the front door and you are greeted by the expansive open concept floor plan, flooded with light and water views floor to ceiling and wall to wall. Your eyes are drawn up toward the vaulted red cedar plank ceilings which perfectly frame your landscape view of the water. Exquisite craftsmanship and attention to detail can be found throughout this immaculate home from the broad stone fireplace to the exposed wood beams. Step out onto the massive, new deck to soak in the sun or step into your screened in porch for fresh air, bug free! Down below, you'll find more floor to ceiling, wall to wall water views from the expansive living space with another stone fireplace and drybar. Your guests will enjoy walkout access below, out to the fenced in yard and steps to the dock. Single garage bay built in below to keep your car from the elements, large outbuilding to store your lake toys, and flat level blacktop out back for open boat storage, additional parking or activities. On Demand whole house generator so you never have to lose your creature comforts when weather hits. All of this and much much more rolled into one incredible property. You have to see this one in person, come sample life on the lake for yourself!
Property is being sold fully furnished.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,882
Year Built
- Built in 1991
Lot Details
- 0.98 Acre Lot
- Home fronts a pond
- 100 Feet of Waterfront
- Dirt Road
- Rural Setting
- Fenced
- Landscaped
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Chalet
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Furnished
- 2 Fireplaces
- Mud Room
- Family Room
- Living Room
- Dining Room
- Screened Porch
Kitchen
- Electric Range
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Interior Basement Entry
Outdoor Features
- Property Near A Cove
- Docks
- Tennis Courts
- Deck
- Outbuilding
Utilities
- No Cooling
- Heating System Uses Oil
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Well
- Septic System
- Private Sewer
Community Details
- Community Storage Space
Listing and Financial Details
- Tax Lot 57
- Assessor Parcel Number PALE-000004-000000-000057-D000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2021
Sold by
Weich Rosemary J
Bought by
Wallace Lauren K and Wallace Robert M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Wallace Lauren K | -- | None Available | |
| Wallace Lauren K | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wallace Lauren K | $440,000 | |
| Closed | Wallace Lauren K | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $732,000 | +8.4% | $296 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $675,000 | -- | $273 / 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 | $6,149 | $534,700 | $115,200 | $419,500 |
| 2023 | $5,882 | $534,700 | $115,200 | $419,500 |
| 2022 | $5,561 | $534,700 | $115,200 | $419,500 |
| 2021 | $5,650 | $409,400 | $115,100 | $294,300 |
| 2020 | $5,527 | $409,400 | $115,100 | $294,300 |
| 2019 | $5,445 | $409,400 | $115,100 | $294,300 |
| 2018 | $5,199 | $409,400 | $115,100 | $294,300 |
| 2017 | $5,486 | $409,400 | $115,100 | $294,300 |
| 2016 | $5,404 | $409,400 | $115,100 | $294,300 |
| 2015 | $5,445 | $409,400 | $115,100 | $294,300 |
| 2013 | $4,758 | $413,700 | $115,100 | $298,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Hamilton
-
Ian Dixon
I
Seller Co-Listing Agent in 2024
Ian Dixon
Keller Williams Realty
(207) 615-4377
72 Total Sales
-
Ashley Lutko Donna Galluzzo
A
Buyer's Agent in 2024
Ashley Lutko Donna Galluzzo
Signature Homes Real Estate Group, LLC
(207) 885-0500
250 Total Sales
Map
Source: Maine Listings
MLS Number: 1588631
APN: PALE-000004-000000-000057-D000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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