NOT LISTED FOR SALE

246 Pratt Rd Newport, ME 04953

Estimated Value: $375,000 - $516,000

5 Beds
2 Baths
3,000 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $350,000 $117 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,575/month

187 Days on Market

Highlights

  • Scenic Views
  • Chalet
  • Wooded Lot
  • 33.4 Acre Lot
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2024

Back on the market due to buyers moving plans changing! This is a must see property, situated on 33.4 acres of private woods, this home makes a perfect backwoods getaway or quiet home! Located only a short drive to downtown Newport and Sebasticook and Pleasant Lakes! The home has been tastefully updated and improved to provide a modern camp in a year round home. It is currently used as an Airbnb with a rental history, it is currently set up as with 5 bedrooms. There is also a 2 car detached garage with storage above.
Snowmobile and ATV trails are close by and easy to access!
Home Improvements:
- Installed new flooring throughout entire lower and middle levels including mud rooms
- Gutted & refinished all mudrooms
- Enlarged rear balcony
- New entry stairs at both entrances
- New doors at all entrances
- New stove
- New dishwasher
- Gutted and redid 2nd floor bath
- Installed pellet stove
- Installed 3 ductless units with transferable warranty to new owner
- Updated plumbing throughout
- Extensive yard cleanup- Large 2 story barn with electricity and wood burning stove is part of our property
- Land on right side of home was professionally surveyed within last year. Neighbor had this done, not us.
- Professionally cleaned after every rental
- Furniture is negotiable

Last Agent to Sell the Property

Adam Hedio

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 12/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Kristen Shirland

NextHome Experience

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1994

Lot Details

  • 33.4 Acre Lot
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Chalet
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Finished Basement

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

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number NEPT-000012-000000-000033

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,140

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 33.4
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Out Union St (RT222) from the intersection of Griffin and Union go approx 10 miles, bear left at Ollie's Store in west Levant and follow RT 222 another 11 miles to Pratt Rd on right. Go to end of Pratt Rd house will be on the left.
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Chalet
  • Garage Yn: Yes
  • Year Built: 1994
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 140.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 33.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Den:Den: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: This is a must see property, situated on 33.4 acres of private woods, this home makes a perfect backwoods getaway or quiet home! Located only a short drive to downtown Newport and Sebasticook and Pleasant Lakes! The home has been tastefully updated and improved to provide a modern camp in a year round home. It is currently used as an Airbnb with a rental history, it is currently set up as with 5 bedrooms. Snowmobile and ATV trails are close by and easy to access!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 500.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Basement
  • Bedroom 3 Level: Basement
  • 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: Open Lot, Rolling Slope, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Detached, Storage

Utilities

  • Cooling: None, Heat Pump
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1454904.0
  • Parcel #: NEPT-000012-000000-000033
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 4140.0
  • Tax Lot: 33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Aug 9, 2024
Sold by
Leach Charles A
Bought by
Doyen Joseph W and Doyen Angela
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Kristen Shirland
NextHome Experience
List Price
$510,000
Sold Price
$350,000
Premium/Discount to List
-$160,000
-31.37%
Views
98
Current Estimated Value
$410,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,668
Avg. Annual Appreciation
13.44%
Original Mortgage
$290,000
Outstanding Balance
$286,449
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,548

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 12, 2021
Sold by
Watson Levi A and Watson Caitlyn M
Bought by
Leach Charles A
Seller's Agent
Tammy Nelson
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%
Original Mortgage
$150,400
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2018
Sold by
Wagner Thomas M
Bought by
Watson Levi A and Watson Caitlyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doyen Joseph W $350,000 None Available
Doyen Joseph W $350,000 None Available
Leach Charles A -- None Available
Leach Charles A -- None Available
Watson Levi A -- --
Watson Levi A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyen Joseph W $290,000
Closed Doyen Joseph W $290,000
Previous Owner Leach Charles A $150,400
Previous Owner Watson Levi A $130,000
Previous Owner Watson Levi A $122,000
Previous Owner Watson Levi A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $350,000 0.0% $117 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $350,000 -11.4% $117 / Sq Ft
05/29/2024 05/29/24 Price Changed $395,000 -1.3% $132 / Sq Ft
04/15/2024 04/15/24 Price Changed $400,000 -11.1% $133 / Sq Ft
01/24/2024 01/24/24 Price Changed $450,000 -7.2% $150 / Sq Ft
01/09/2024 01/09/24 Price Changed $485,000 -4.9% $162 / Sq Ft
12/08/2023 12/08/23 For Sale $510,000 +168.4% $170 / Sq Ft
03/12/2021 03/12/21 Sold $190,000 -2.6% $95 / Sq Ft View Prior Sale
01/31/2021 01/31/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $195,000 -- $98 / 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 $5,003 $285,900 $59,800 $226,100
2023 $4,355 $267,200 $55,900 $211,300
2022 $4,140 $211,200 $44,200 $167,000
2021 $4,157 $201,800 $42,200 $159,600
2020 $4,079 $198,000 $41,400 $156,600
2019 $3,981 $186,900 $39,100 $147,800
2018 $3,981 $186,900 $39,100 $147,800
2017 $3,738 $186,900 $39,100 $147,800
2016 $3,626 $186,900 $39,100 $147,800
2015 $3,346 $186,900 $39,100 $147,800
2014 $3,215 $186,900 $39,100 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578870

Maine Listings

APN: NEPT-000012-000000-000033