NOT LISTED FOR SALE

243 Leeman Arm Palermo, ME 04354

Estimated Value: $366,000

1 Bed
0.5 Bath
715 Sq Ft
$512/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2019

Last sale price $167,500 $234 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,196 / mo

59 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wood Flooring
  • 186 Feet of Waterfront
  • Wooded Lot
  • 1 Fireplace

About This Home

As of September 2019

Rustic camp at waters edge that has been in the same family for generations. Camp sleeps many!! Large lot with 186 ft of water frontage, bunk house across the road, dock, swim float, wonderful stone walls throughout the property. Start making your family's memories at this wonderful lakefront retreat!

Last Agent to Sell the Property

Pamela Armour

Hoang Realty Listed on: 06/14/2019

Last Buyer's Agent

Brian York

Adams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1962

Lot Details

  • 1.2 Acre Lot
  • 186 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 715 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • The lake is a source of water for the property
  • No Water Heater

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number PALE-000004-000000-000091-D000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 1962

Lot Details

1.2 Acres

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot Lake
  • MLS Status: Closed
  • Directions: Route 3 in Palermo to Leeman Arm-bear right onto Leeman Arm West. Sign on property.
  • Above Grade Finished Sq Ft: 715.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 279.72
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 715.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Annually
  • Roof:Metal: Yes
  • Exterior:Wood Siding: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 186.0
  • Water Info:Water Frontage Owned -: 186.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Water Heater:None2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Rustic camp at waters edge that has been in the same family for generations. Large lot with 186 ft of water frontage, bunk house across the road, dock, swim float, wonderful stone walls throughout the property. Start making your family's memories at this wonderful lakefront retreat!
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52272.0
  • Parcel #: PALE-000004-000000-000091-D000000
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2516.0
  • Tax Lot: 91
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 18, 2019
Sold by
Bought by
Seller's Agent
Pamela Armour
Hoang Realty
Buyer's Agent
Brian York
Adams Realty
List Price
$200,000
Sold Price
$167,500
Premium/Discount to List
-$32,500
-16.25%
Current Estimated Value
$366,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,500
Avg. Annual Appreciation
12.14%
Original Mortgage
$67,500
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2008
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $167,500 -16.3% $234 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $200,000 -- $280 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,504 $217,700 $140,800 $76,900
2023 $2,395 $217,700 $140,800 $76,900
2022 $2,264 $217,700 $140,800 $76,900
2021 $2,734 $198,100 $137,800 $60,300
2020 $2,674 $198,100 $137,800 $60,300
2019 $2,635 $198,100 $137,800 $60,300
2018 $2,516 $198,100 $137,800 $60,300
2017 $2,655 $198,100 $137,800 $60,300
2016 $2,615 $198,100 $137,800 $60,300
2015 $2,635 $198,100 $137,800 $60,300
2013 $2,501 $217,500 $137,800 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1419767

Maine Listings

APN: PALE-000004-000000-000091-D000000

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