NOT LISTED FOR SALE

222 Pierce Rd Blaine, ME 04734

Estimated Value: $364,000 - $497,000

-- Bed
4.5 Baths
4,176 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $392,700 $94 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,818/month

224 Days on Market

Highlights

  • Additional Residence on Property
  • Ski Resort
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Country Club
  • Scenic Views

About This Home

As of September 2022

Secluded 75 acre Magic Pond vacation compound with 4176 sf living space, incl. waterfront 4-bed /1.5-bath house. Mars
Hill mountain views plus 4 largely furnished 1 bdrm apartments on Magic Pond. Pristine Maine woods, tillable organic fields, meandering trails, skiing 5 min. away & a turnkey year-round hospitality business. Only 3 min. to town for essentials & 20 min. to the County's commercial hub in Presque Isle. Laundry, 2 workshops, 3 garages, barn, 2 large storage units with negotiable ATV, kayak, canoe, tractor, riding mowers & grounds equip. 3 new high-efficiency heat pumps, largely steel roofing and fenced yard for pets. 11 of the 75 acres previously designated federal conservation land for upland bird nesting, the property is also home to a large variety of waterfowl & almost every species of wildlife indigenous to Maine. Would make a wonderful nature education facility, conference center or vacation compound. One apartment is a large open, artist's loft with skylights & bank of south-facing windows overlooking the pond. Three units consistently rent for $790 each (inc. utilities) & one unit for $740 with steady flow of tenants. One unit has separate electric meter and, in the past, has provided housing for Caretaker in exchange for maintaining the property. Additional income opportunities might include seasonal campground & B&B in the main house. Main house expanded & totally remodeled, rewired, and re plumbed in 2001 with studio building constructed in 2006.Two separate, well-maintained septic systems and deep high-pressure well. Dirt-floor garage at the road is supplied with separate electric and could also be rented out or used as farm/craft stand. Maine's trail system for ATV's and snowmobiles accessible just 1/4 away. Northern lights visible in night sky perfect for astronomy buffs. County balloon festival, potato blossom celebration & harvest suppers make Magic Pond the perfect place for settling down. Seller to consider helping buyer's down payment

Last Agent to Sell the Property

Stephanie Beaulieu

Fields Realty LLC Brokerage Phone: (207) 551-5835 Listed on: 05/15/2022

Last Buyer's Agent

Lisa Reehl

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,491

Lot Details

  • 75 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 4,176 Sq Ft Home
  • Ranch Style House
  • Steel Frame
  • Wood Frame Construction
  • Fiberglass Roof
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • In-Law or Guest Suite

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Farming

  • Agricultural
  • Pasture

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Additional Features

  • Washer and Dryer Hookup
  • Additional Residence on Property
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 222PierceRoadBlaine04734

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club
  • Ski Resort

Building Details

  • Operating Expense $15,320
  • Gross Income $51,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,491

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 75.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Magic Pond
  • MLS Status: Closed
  • Directions: Traveling South on Main Street in Mars Hill, Turn Left onto Robbinson Road. Turn Left onto Pierce Road. 222 Pierce Road is on the Left. *Some interior images from occupancy of previous tenant.
  • Above Grade Finished Sq Ft: 4176.0
  • Architectural Style: Multi-Level, Other Style, Ranch
  • Garage Yn: Yes
  • Year Built: 9999
  • Attribution Contact: (207) 551-5835
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 75.0
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4176.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 51720.0
  • Income Expenses Operating Expenses: 15320.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Site:Agriculture: Yes
  • Site:PastureField: Yes
  • Amenities:In-Law Apartment: Yes
  • Construction:Steel Frame: Yes
  • Location:Ski Resort: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Roof:Fiberglass: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Crawl Space, Exterior Only
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan, One-Floor Living, Other, Storage

Exterior Features

  • Lot Features: Agriculture, Level, Open Lot, Rolling Slope, Landscaped, Wooded, Pasture, Near Golf Course, Near Shopping, Rural, Ski Resort
  • View: Trees/Woods, Scenic, Fields
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Steel Frame, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch
  • Roof: Fiberglass, Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 11 - 20 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3267000.0
  • Parcel #: 222PierceRoadBlaine04734
  • Zoning: 53A

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 51720.0
  • Annual Operating Expense: 15320.0

Tax Info

  • Tax Annual Amount: 4491.0
  • Tax Book Number: 3937
  • Tax Lot: 5
  • Tax Map Number: 5-53A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Sep 22, 2022
Sold by
Griffith Linda
Bought by
Evans Jeffrey T and Evans Maureen T
Seller's Agent
Stephanie Beaulieu
Fields Realty LLC
Buyer's Agent
Lisa Reehl
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$449,900
Sold Price
$392,700
Premium/Discount to List
-$57,200
-12.71%
Current Estimated Value
$439,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,207
Avg. Annual Appreciation
3.92%
Original Mortgage
$231,000
Outstanding Balance
$221,259
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,648
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
Evans Jeffrey T $392,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Jeffrey T $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $392,700 -12.7% $94 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $449,900 -- $108 / 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
2022 $4,656 $227,130 $55,300 $171,830
2021 $4,883 $227,130 $55,300 $171,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1515110

Maine Listings

APN: BLAI M:5 L:53A