NOT LISTED FOR SALE

2599 Route 3 Palermo, ME 04354

Estimated Value: $376,000 - $511,000

3 Beds
2 Baths
2,967 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $171,000 $58 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,481/month

13 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • Wood Flooring
  • Scenic Views
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2020

Awesome opportunity to own a completely renovated home with easy access to Augusta, Waterville and the Coast. This 3 bedroom, 2 full bath home will allow you to own a home without any of the worry because of its new roof, deck, bathrooms, exterior and interior paint and redone driveway.

The vaulted great room will welcome you with its massive stone chimney and beautiful beams while giving you the open concept feel to the dining room and kitchen. The kitchen has all new stainless steel appliances and an island that will easily allow stools for company. The first floor bedroom and full bath finish off the first floor.

The second floor holds a large Master bedroom with a private entrance to the bath and a third bedroom. The entire house has beautiful wood floors and
updated fixtures.

The finished daylight basement is fully heated with a wood stove for added comfort. Plenty of room for storage, play and more! Private location...Won't last long.

Last Agent to Sell the Property

Katrina Smith

Realty of Maine Listed on: 12/11/2019

Realty of Maine

Last Buyer's Agent

Jake Hewett

LAER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1994

Lot Details

  • 1.3 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Property is zoned rural

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34F
  • Assessor Parcel Number PALE-000010-000000-000034F-R000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Traveling on Route 3 WEST the driveway is the first on the left after the Palermo Library. Traveling Route 3 EAST the driveway is on the right immediately after passing Plummer Road. Proceed straight up driveway and veer left
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Property Information:SqFt Finished Below Grade: 1967.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1967.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rural
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: PALE-000010-000000-000034F-R000000
  • Zoning: rural

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Book Number: 4408
  • Tax Lot: 34F
  • Tax Map Number: R10
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Feb 7, 2020
Sold by
Smith Michael
Bought by
Risch Nicholle E and Morse Noah G
Seller's Agent
Katrina Smith
Realty of Maine
Buyer's Agent
Jake Hewett
LAER
List Price
$175,500
Sold Price
$171,000
Premium/Discount to List
-$4,500
-2.56%
Current Estimated Value
$419,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,673
Avg. Annual Appreciation
15.01%
Original Mortgage
$172,727
Outstanding Balance
$154,933
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$221,960
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
Risch Nicholle E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Risch Nicholle E $172,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $171,000 -2.6% $58 / Sq Ft
12/25/2019 12/25/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $175,500 -- $59 / 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 $3,074 $267,300 $30,100 $237,200
2023 $2,940 $267,300 $30,100 $237,200
2022 $2,780 $267,300 $30,100 $237,200
2021 $2,215 $160,500 $30,100 $130,400
2020 $2,167 $160,500 $30,100 $130,400
2019 $2,135 $160,500 $30,100 $130,400
2018 $2,038 $160,500 $30,100 $130,400
2017 $2,151 $160,500 $30,100 $130,400
2016 $2,119 $160,500 $30,100 $130,400
2015 $2,135 $160,500 $30,100 $130,400
2013 $1,899 $165,100 $30,100 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1440720

Maine Listings

APN: PALE-000010-000000-000034F-R000000