NOT LISTED FOR SALE

23 College Ave Orono, ME 04473

Estimated Value: $323,133 - $388,000

2 Beds
1.5 Baths
1,560 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $235,000 $151 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,276/month

77 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • 2 Fireplaces
  • Orono Middle School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of September 2021

This Orono home is 40 years loved by only the third owner. This sunny, light & bright home with half an acre is located in perfect proximity to the University & lovely downtown Orono. Have you ever seen a cape home with a 390 square foot living room? Tremendous space. The oriental rug is believed to be original to the home & has been conveyed to each subsequent owner. This is a 2 bedroom home but with vision (& a dustpan dormer added to the second floor), a primary suite would be a super add. Though perfectly livable as is, a few updates would add to the appeal. Large backyard with many possibilities

Last Agent to Sell the Property

Emily Ellis

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 07/15/2021

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Scott Thomas

Maine Discount Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,703

Year Built

  • Built in 1957

Lot Details

  • 0.54 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 23CollegeAvenueOrono04473

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,703

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt2 Through Orono Center, left onto College Avenue. Take 2nd left onto University Place. Home is on the left
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.54
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1560.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Appliances Included:Wall Oven: Yes
  • Roof:Pitched: Yes
  • Site:Wooded: Yes
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23522.4
  • Parcel #: 23CollegeAvenueOrono04473
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 5703.0
  • Tax Book Number: 3197, 3406
  • Tax Lot: 68
  • Tax Map Number: 19-004
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 15, 2021
Sold by
Munsey William J
Bought by
Welch Payson
Seller's Agent
Emily Ellis
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Scott Thomas
Maine Discount Realty
List Price
$215,000
Sold Price
$235,000
Premium/Discount to List
$20,000
9.3%
Current Estimated Value
$345,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,033
Avg. Annual Appreciation
6.67%
Original Mortgage
$223,250
Outstanding Balance
$207,274
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,877
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
Welch Payson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Payson $223,250
Previous Owner Munsey William J $100,000
Previous Owner Munsey William J $100,000
Previous Owner Munsey William J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $235,000 +9.3% $151 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $215,000 -- $138 / 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 $4,441 $208,000 $40,200 $167,800
2023 $4,423 $189,000 $36,500 $152,500
2022 $4,498 $189,000 $36,500 $152,500
2021 $4,489 $189,000 $36,500 $152,500
2020 $6,056 $215,600 $62,400 $153,200
2019 $5,703 $215,600 $62,400 $153,200
2018 $5,821 $215,600 $62,400 $153,200
2017 $5,606 $215,600 $62,400 $153,200
2016 $5,358 $215,600 $62,400 $153,200
2015 $5,261 $215,600 $62,400 $153,200
2014 $5,142 $215,600 $62,400 $153,200
2013 $5,002 $215,600 $62,400 $153,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1492143

Maine Listings

APN: ORON-019004-000000-000068