NOT LISTED FOR SALE

1889 Main St Fayette, ME 04349

Estimated Value: $268,000 - $769,537

5 Beds
4 Baths
4,000 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $510,000 $128 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,922/month

77 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Barn
  • 10 Acre Lot
  • 25 Feet of Waterfront
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of May 2021

A blue moon is how often a property like this becomes available. Farmhouse with acreage, large barn, carriage house with an apartment and rental income in both the house and apartment. Imagine this picturesque setting that could be a great place for horses, dogs, livestock or agricultural endeavors. Built in 1825 makes this property one for the history books during the times when John Quincy Adams was the 6th president, the completion of the Erie Canal, the Battle of the Alamo, and the first years of Maine becoming a state. The farmhouse is divided into two very large apartments, has gleaming hardwood floors, wood stoves, custom kitchen, total of 5 bedrooms and 3 bathrooms, screened porch, laws, gardens and more. Across the yard is the Carriage house featuring vaulted ceilings, propane heat and a great rental history. The barn was painted in 2020 and completes the historic aspect of the property and has stalls for horses or multiple other uses. The 10 acres has fields and woods and abuts conservation land PLUS a right of way to Echo Lake by way of nearby camp road.

Last Agent to Sell the Property

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/18/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Nate Laflin

McAllister Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1825

Lot Details

  • 10 Acre Lot
  • 25 Feet of Waterfront
  • Lake Front
  • Near Conservation Area
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Screened Porch
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed
  • Outbuilding

Farming

  • Barn
  • Farm
  • Pasture

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Heated On Demand
  • Oil Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number FAYE-000003-000000-000001U

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,960

Year Built

Built in 1825

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Road Surface Type: Paved
  • Water Body Name: Echo Lake
  • MLS Status: Closed
  • Directions: From Augusta - West on Route 202 to Manchester - Right on Route 17 to Readfield and onto Fayette. Go past Kents Hill School and the property is just after the Fayette town line, on the right.
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Cape, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1825
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.0
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 25.0
  • Water Info:Water Frontage Shared -: 25.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Water Heater:Oil2: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Water Info:Island3: No
  • Amenities:In-Law Apartment: Yes
  • Location:Abuts Conservation: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Partial, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Farm, Level, Open Lot, Landscaped, Wooded, Abuts Conservation, Pasture, Rural
  • View: Fields, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Porch, Screened
  • Roof: Metal, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: FAYE-000003-000000-000001U
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 6960.0
  • Tax Book Number: 6719
  • Tax Lot: 1
  • Tax Map Number: U-3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
May 12, 2021
Sold by
Dewolfe Lisa and Dewolfe Peter
Bought by
Lamb Carl J and Lamb Ellen D
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Nate Laflin
McAllister Real Estate
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Current Estimated Value
$622,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,134
Avg. Annual Appreciation
4.62%
Original Mortgage
$528,360
Outstanding Balance
$482,877
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,657
Source: Public Records

Range of Values:

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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
Lamb Carl J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Carl J $528,360
Previous Owner Dewolfe Peter $144,000
Previous Owner Dewolfe Peter $72,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $510,000 -7.3% $128 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $550,000 -- $138 / 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 $6,699 $495,100 $63,300 $431,800
2023 $6,610 $495,100 $63,300 $431,800
2022 $6,580 $495,100 $63,300 $431,800
2021 $6,748 $358,000 $59,000 $299,000
2020 $6,997 $371,200 $59,000 $312,200
2019 $6,960 $371,200 $59,000 $312,200
2018 $6,700 $371,200 $59,000 $312,200
2017 $6,125 $371,200 $59,000 $312,200
2016 $5,706 $368,100 $59,000 $309,100
2015 $5,558 $368,100 $59,000 $309,100
2014 $5,522 $368,100 $59,000 $309,100
2013 $5,061 $368,100 $59,000 $309,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478441

Maine Listings

APN: FAYE-000003-000000-000001U