$447,800
SOLD JUN 8, 2012

220 Cain Hill Palermo, ME 04354

4 Beds
2 Baths
2,700 Sq Ft
117 Acres

Recently Sold

$166 Per Sq Ft

10% Below List Price

126 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Cape Cod Architecture
  • 3,000 Feet of Waterfront
  • 117 Acre Lot
  • Deck

About This Home

As of July 2020

Restored 1850's cape, 117 private acres with over half a mile of Pond frontage, harvestable blueberry fields, open fields and woods, 24x40 workshop in the basement. Perfect for organic farm. Separate barn/garage.

Last Agent to Sell the Property

Joane Tait

Legacy Properties Sotheby's International Realty Listed on: 12/09/2011

Last Buyer's Agent

Sandy Ellsworth

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1850

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,700 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room
  • Home Security System
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Direct Access Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Outbuilding

Farming

  • Crops
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 220Cain Hill RoadPalermoR67

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 117.0
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Beach Pond
  • MLS Status: Closed
  • Directions: Take route 3 from the highway, turn left on Cain Hill in Palermo, approx 2+ miles from Tobeys.
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 117.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2700.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 3000.0
  • Water Info:Water Frontage Owned -: 3000.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Site:PastureField: Yes
  • Site:Harvestable Crops: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Harvestable Crops, Level, Open Lot, 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
  • Parking Features: Gravel, Inside Entrance

Utilities

  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5096520.0
  • Parcel #: 220Cain Hill RoadPalermoR67
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2969.0
  • Tax Book Number: 3154
  • Tax Lot: 7
  • Tax Map Number: R6
  • Tax Year: 2010

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: 1037138

Maine Listings

APN: PALE-000006-000000-000007-R000000