NOT LISTED FOR SALE

204 Washburn Rd Presque Isle, ME 04769

Estimated Value: $107,000 - $287,000

0.6 Acre
$368,910 Price per Acre
26,136 Sq Ft Lot

Last Sold May 10, 2022

Last sale price $64,000

Est. 245% increase in value since last sale

Current estimated payment $1,626/month

Highlights

  • 150 Feet of Waterfront
  • No HOA
  • Level Lot
  • River Nearby

About This Lot

As of May 2022

Have you been dreaming about a place to build a new home or maybe set up your camper for the summer? What does this spot look like for you? Maybe something country-like yet not too far from town, perhaps already has a well and septic on it? What if I told you that you could get all of that AND that there is already a garage on it that was just rebuilt in 2020. The garage is 28x28 with a metal roof and new vinyl siding, walls are closed in and painted, ample storage overhead, cabinets and a workbench! Seems almost too good to be true right? Go ahead and pinch yourself, it is for real! Just one more thing about this property that you will want to know is that it is also located on the Aroostook River! Imagine owning 150+/- feet of waterfront! You would be able to walk through your own backyard, down to the river and maybe do a little fishing or just enjoy the peace that the river has to offer! In the backyard there are some trees that would be perfect for a hammock or a swing where you can take in the beautiful sunsets! The options don't end there, the current owners had plans of building and have the (high quality) framing lumber and building plans for a small cabin that they would be willing to sell to the new owners for an additional $6K. With the rising cost of building materials this is a great option! If you have always wanted to own some waterfront property, now could be the time!

Last Agent to Sell the Property

Tracy Ostlund

NextHome Discover Listed on: 04/14/2022

NextHome Discover

Last Buyer's Agent

Tracy Ostlund

Big Bear Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $693

Lot Details

  • 0.6 Acre Lot
  • 150 Feet of Waterfront
  • River Front
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Agricultural

Property Views

  • Water Views

Parking

  • Driveway
  • Paved Parking

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number PREE-000017-000419-000204

Community Details

Overview

  • No Home Owners Association

Recreation

  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$693

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Road Surface Type: Paved
  • Water Body Name: Aroostook River
  • MLS Status: Closed
  • Directions: from Presque Isle cross the bridge by the mall and then turn left onto the Washburn Rd, property is about 2 miles up on the left. Sign on property
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.6
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Near Town, Rural
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 79/MSAD 01

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: PREE-000017-000419-000204
  • Zoning: Agricultural

Tax Info

  • Tax Annual Amount: 693.0
  • Tax Book Number: 5992
  • Tax Lot: 204
  • Tax Map Number: 017-419
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Feb 19, 2020
Sold by
Us Bank Na Tr
Bought by
Kinney Michael R and Kinney Wendy J
Seller's Agent
Daniel Amero Daniel Castle
SG Realty
Buyer's Agent
Daniel Amero Daniel Castle
SG Realty
List Price
$19,900
Sold Price
$11,900
Premium/Discount to List
-$8,000
-40.2%
Current Estimated Value
$220,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,051
Avg. Annual Appreciation
65.20%

Purchase Details

Closed on
Dec 9, 2019
Sold by
Unknown
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Sep 26, 2008
Sold by
Rayner Danny L
Bought by
Rayner Danny L and Rayner Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,403
Interest Rate
6.57%
Mortgage Type
FHA
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
Kinney Michael R $11,900 None Available
Us Bank Na Tr -- None Available
Rayner Danny L -- --
Rayner Danny L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rayner Danny L $93,364
Previous Owner Rayner Danny L $93,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $64,000 0.0% --
04/15/2022 04/15/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $64,000 +437.8% --
02/20/2020 02/20/20 Sold $11,900 -40.2% --
01/24/2020 01/24/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $19,900 -- --
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 $5,067 $237,900 $16,900 $221,000
2023 $646 $28,600 $15,200 $13,400
2022 $679 $28,600 $15,200 $13,400
2021 $693 $27,900 $15,200 $12,700
2020 $566 $22,700 $14,700 $8,000
2019 $567 $22,700 $14,700 $8,000
2018 $2,639 $102,200 $14,700 $87,500
2017 $2,616 $102,200 $14,700 $87,500
2016 $2,527 $98,400 $14,700 $83,700
2015 $2,424 $95,200 $11,500 $83,700
2014 $2,420 $95,200 $11,500 $83,700
2013 $2,351 $95,200 $11,500 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1524731

Maine Listings

APN: PREE-000017-000419-000204