$785,000
SOLD JUL 31, 2020

220 Cain Hill Palermo, ME 04354

4 Beds
2.5 Baths
3,304 Sq Ft
117 Acres

Recently Sold

$238 Per Sq Ft

2% Below List Price

137 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • 117 Acre Lot
  • Farm
  • Home fronts a pond
  • Deck
  • Wooded Lot

About This Home

As of July 2020

Old world charm meets modern amenities and energy efficiency in this unique French country-inspired organic farm and Equestrian Estate. Big Birch Farm is situated on 117 private, tranquil acres of organic pastures, gardens, a 22+/- acre wild blueberry field and 3,000 ft. of waterfront on Beech Pond! Built in 1850 with additions added in 1978 and 2015. This 4 bd/2 1/2 bath home has a tremendous amount to offer. The gourmet kitchen-with high ceilings is the highlight of the home, featuring salvaged hand hewn beams, distressed handmade Amish maple cabinets, Black walnut floors and island top and well as an antique slate sink from Paris, Bosch induction stove top and Electrolux oven and a wood burning cast iron cook stove. The dining room is sunken-fully windowed- with black bamboo floors opens out to an open air meditative Zen Garden. A large family room, cozy library, 1st floor master with bath,1st floor laundry as well as another full bath and an office round out the first floor. Upstairs there are 3 bedrooms and a half bath. There's a mud room, a tack room and attached 2 car garage. A covered patio overlooks a view of the horse pastures and duck pond. The horse property is fully fenced and cross fenced into 4 adjoining pastures with run-in shelters for horses. Fencing is a mix of wood board and post and wire horse-safe netting to contain smaller animals. Riding trails run throughout the property and nearby. A large level area lends itself to a future riding area or barn. There is also a chicken coop with rabbit runs adjacent to the old schoolhouse from when the property was used as a nature preserve. An organic blueberry field has become a popular summer destination for an income producing U-Pick Berries and farm stand business. The gardens are organic and bio-dynamically tended. The property has heirloom fruit trees, raspberries, blackberries and wild mushrooms to forage.
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Last Agent to Sell the Property

Heidi Witham

Hoang Realty Listed on: 01/17/2020

Last Buyer's Agent

William Rhea

Swift River Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1850

Lot Details

  • 117 Acre Lot
  • Home fronts a pond
  • 3,000 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 3,304 Sq Ft Home
  • Wood Flooring
  • Stove
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Farm
  • Crops
  • Agricultural
  • Pasture

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 220CainHillRoadPalermo04354

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 117.0
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Beech Pond
  • MLS Status: Closed
  • Directions: Route 3 to Cain Hill Road. Travel up the hill. Property on both side of road. Home is on the left. Sign in yard
  • Above Grade Finished Sq Ft: 3304.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 117.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3304.0
  • 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
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Basement:Unfinished: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 3000.0
  • Water Info:Water Frontage Owned -: 3000.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Site:Harvestable Crops: Yes
  • Heat Fuel:Pellets: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Harvestable Crops, Farm, Agriculture, Level, Open Lot, Rolling Slope, Landscaped, Wooded, Pasture, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Clapboard, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Stove, Other, Forced Air, Hot Air
  • 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: 5096520.0
  • Parcel #: 220CainHillRoadPalermo04354
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4058.0
  • Tax Book Number: 4432
  • Tax Lot: 7
  • Tax Map Number: R6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2012
Sold by
Grassi Michael D and Baird Ruth K
Bought by
Flowers Holly and Corpataux Eric A
Current Estimated Value
$1,121,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,240
Outstanding Balance
$166,448
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$967,297

Purchase Details

Listed on
Dec 9, 2011
Closed on
Jun 12, 2012
Sold by
Grassi Michael D and Baird Ruth K
Bought by
Flowers Holly and Corpataux Eric A
Seller's Agent
Joane Tait
Legacy Properties Sotheby's International Realty
Buyer's Agent
Sandy Ellsworth
RE/MAX JARET & COHN
List Price
$495,000
Sold Price
$447,800
Premium/Discount to List
-$47,200
-9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$357,240
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2007
Sold by
Michael F Grassi Ft and Grassi
Bought by
Grassi Michael D and Baird Ruth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,785
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,240 Commercial
Previous Owner $357,240 Commercial
Previous Owner $397,785 Commercial
Previous Owner $250,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $785,000 -1.9% $238 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $800,000 +78.7% $242 / Sq Ft
06/08/2012 06/08/12 Sold $447,800 -9.5% $166 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $495,000 -- $183 / 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 $14,099 $1,226,000 $163,400 $1,062,600
2023 $13,263 $1,205,700 $143,100 $1,062,600
2022 $12,333 $1,185,900 $143,100 $1,042,800
2021 $6,000 $434,800 $110,600 $324,200
2020 $4,389 $325,100 $91,400 $233,700
2019 $4,324 $325,100 $91,400 $233,700
2018 $4,138 $325,800 $92,100 $233,700
2017 $4,362 $325,500 $91,800 $233,700
2016 $4,310 $326,500 $92,800 $233,700
2015 $4,272 $321,200 $87,500 $233,700
2013 $3,084 $268,200 $82,700 $185,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1442651

Maine Listings

APN: PALE-000006-000000-000007-R000000