NOT LISTED FOR SALE

2547 Essex St Orono, ME 04473

Estimated Value: $76,000 - $121,000

2 Beds
1 Bath
785 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $75,000 $96 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $603/month

23 Days on Market

Highlights

  • 753 Feet of Waterfront
  • Wooded Lot
  • 1 Fireplace
  • Orono Middle School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2023

OFFER DEADLINE JULY 19, 2023 AT 5:00PM.
Calling all renovators and visionaries! Here is your chance to transform this distressed 2 Bedroom Bungalow into a magnificent lakeside retreat. Situated on a generous 3+- acre lot in one of the most sought-after lakes in the area, this property offers a prime real estate location that is not duplicable.

The large lot provides ample space to build your dream home, complete with all the amenities and features you desire. Imagine waking up to breathtaking walks along the tranquil lake, spending your afternoons exploring the expansive grounds, and ending your days on the boat watching sunsets cascading across the water.

Please note that the current home is in need of significant structural renovations for it to reach its full potential. Buyers should conduct thorough inspections and consult with professionals to assess the extent of the renovations needed.

Seize the opportunity to own a substantial piece of land in a highly desirable lake area and unleash your creativity to transform this distressed property into a one-of-a-kind lakeside haven. Act now and make your dream of lakeside living a reality.

Last Agent to Sell the Property

Nicholas Corrow

Your Home Sold Guaranteed Realty Listed on: 06/28/2023

Last Buyer's Agent

Corey Butterfield

EXP Realty

EXP Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 10.22 Acre Lot
  • 753 Feet of Waterfront
  • Lake Front
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Forest & Agriculture

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 785 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Home Office

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Accessible Home Design

  • Accessible Approach with Ramp

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 55 & 59
  • Assessor Parcel Number ORON-006004-000000-000055

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.22
  • Road Surface Type: Paved
  • Water Body Name: Pushaw Lake
  • MLS Status: Closed
  • Directions: While heading east on State Street in Bangor, turn left onto Essex Street, continue for approximately 6.4 miles, the house will be on your right--see sign.
  • Above Grade Finished Sq Ft: 785.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.22
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 785.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 753.0
  • Water Info:Water Frontage Owned -: 753.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: 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
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Den:Den: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Heat Fuel:Pellets: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Dirt Floor, Crawl Space, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Shower, Storage
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Near Shopping, Neighborhood
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Other, Pillar/Post/Pier
  • Roof: Membrane, Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Direct Vent Heater
  • 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: 445183.2
  • Parcel #: ORON-006004-000000-000055
  • Zoning: Forest & Agriculture

Tax Info

  • Tax Annual Amount: 3472.0
  • Tax Book Number: 16487; 16717
  • Tax Lot: 55 & 59
  • Tax Map Number: 6-4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2022
Sold by
Orono Town Of
Bought by
Clark Robert and Mitchell Sandy
Current Estimated Value
$90,522

Purchase Details

Closed on
May 16, 2022
Sold by
M2 T
Bought by
Mitchell Sandra G and Clark Robert A

Purchase Details

Closed on
Jun 26, 2020
Sold by
Acm Vision 5 Llc
Bought by
Jazz Up Indy Inc

Purchase Details

Closed on
Oct 14, 2014
Sold by
Jolek Llc
Bought by
Acm Vision 5 Llc

Purchase Details

Closed on
Feb 11, 2010
Sold by
Young Glenn A
Bought by
Gmac Mortgage Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clark Robert -- None Available
Clark Robert -- None Available
Mitchell Sandra G -- None Available
Mitchell Sandra G -- None Available
Jazz Up Indy Inc -- None Available
Jazz Up Indy Inc -- None Available
Acm Vision 5 Llc $102,600 --
Acm Vision 5 Llc $102,600 --
Gmac Mortgage Llc -- --
Gmac Mortgage Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Glenn A $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $75,000 -50.0% $96 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $150,000 -- $191 / 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 $1,287 $60,300 $60,300 $0
2023 $3,437 $146,900 $54,800 $92,100
2022 $3,472 $145,900 $54,800 $91,100
2021 $3,465 $145,900 $54,800 $91,100
2020 $2,882 $102,600 $42,800 $59,800
2019 $2,714 $102,600 $42,800 $59,800
2018 $2,770 $102,600 $42,800 $59,800
2017 $2,668 $102,600 $42,800 $59,800
2016 $2,550 $102,600 $42,800 $59,800
2015 $2,503 $102,600 $42,800 $59,800
2014 $2,447 $102,600 $42,800 $59,800
2013 $2,380 $102,600 $42,800 $59,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1563665

Maine Listings

APN: ORON-006004-000000-000055