NOT LISTED FOR SALE

2224 N Palermo Rd Palermo, ME 04354

Estimated Value: $275,000 - $404,000

3 Beds
2 Baths
1,344 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $119,500 $89 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,879/month

96 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Living Room
  • Ranch Style House
  • Double Pane Windows
  • Tankless Water Heater

About This Home

As of December 2014

Lovely and spacious 3BR, 2BA Ranch on pleasant, rural lot. Freshly painted, new kitchen appliances, great condition. Open interior, MBR w/bath in floor radiant heat, propane heat & hot water. Lots to offer, move in condition!

Last Agent to Sell the Property

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 07/29/2014

Last Buyer's Agent

Susan Dube

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 2008

Lot Details

  • 0.88 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Radiant Heating System
  • Hot Water Heating System
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6A
  • Assessor Parcel Number 2224North Palermo RoadPalermoR86A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From China, East on Rt 3. Just before Tobey's LEFT on Branch Mills Road. 2nd LEFT on North palermo Rd. House approx 4.5 miles on LEFT.
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Ranch
  • Efficiency: Tankless Water Heater, High Efficiency Water Heater, Double Pane Windows
  • Year Built: 2008
  • Attribution Contact: bill@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.88
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1344.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Rural, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water
  • 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: 38332.8
  • Parcel #: 2224North Palermo RoadPalermoR86A
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1674.0
  • Tax Book Number: 3864
  • Tax Lot: 6A
  • Tax Map Number: R8
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2014
Closed on
Dec 31, 2014
Sold by
Cowing Paul A
Bought by
Cushing Joel E
Seller's Agent
William Sprague Jr
Sprague & Curtis Real Estate
Buyer's Agent
Susan Dube
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$124,900
Sold Price
$119,500
Premium/Discount to List
-$5,400
-4.32%
Current Estimated Value
$319,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,738
Avg. Annual Appreciation
9.44%
Original Mortgage
$119,500
Outstanding Balance
$93,342
Interest Rate
3.99%
Mortgage Type
Commercial
Estimated Equity
$222,054

Purchase Details

Closed on
May 28, 2014
Sold by
Bank Of Maine
Bought by
Cowing Paul A

Purchase Details

Closed on
Jun 27, 2007
Sold by
Spencer Anne M
Bought by
Spencer Anne M and Spencer John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
6%
Mortgage Type
Commercial
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
Cushing Joel E -- --
Cowing Paul A -- --
Spencer Anne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushing Joel E $119,500
Previous Owner Spencer Anne M $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $119,500 -4.3% $89 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $124,900 -- $93 / 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 $2,233 $194,200 $29,100 $165,100
2023 $2,136 $194,200 $29,100 $165,100
2022 $2,020 $194,200 $29,100 $165,100
2021 $1,815 $131,500 $29,100 $102,400
2020 $1,775 $131,500 $29,100 $102,400
2019 $1,749 $131,500 $29,100 $102,400
2018 $1,670 $131,500 $29,100 $102,400
2017 $1,762 $131,500 $29,100 $102,400
2016 $1,736 $131,500 $29,100 $102,400
2015 $1,749 $131,500 $29,100 $102,400
2013 $1,541 $134,000 $29,400 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1147764

Maine Listings

APN: PALE-000008-000000-000006A-R000000