NOT LISTED FOR SALE

27 Loon Ln Palmyra, ME 04965

Estimated Value: $297,000 - $422,000

3 Beds
1 Bath
952 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $272,000 $286 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,167/month

1 Day on Market

Highlights

  • 101 Feet of Waterfront
  • Home fronts a pond
  • Wood Flooring
  • Public Beach
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of September 2022

If finding your home away from home has been a problem and unaffordable in the past, 27 Loon Lane in Palmyra is your spot. Located an easy drive up route 95 from all points, a waterfront property can finally be yours. Only a 4 minute drive away from Walmart and Hannaford in Newport, you can be close enough to civilization, but really be at camp. Fogg Brook Resort for Golf is right across the street!
You have to see the home in person to appreciate all of the fine intricacies and details that were put into remodeling this camp and to be made into a Maine Lake Vacation home. From the custom Made Cabinets with Birch handles, to the Mason Jar Chandelier above the Table. There are also Sunset views right off the deck.
The Camp does have 3 bedrooms including a very large Master bedroom that boasts an oversized closet. The closet space could be removed and could allow a master suite bathroom that could easily be connected to current plumbing on the other side of the wall.
Home is currently heated with 2 propane monitor heaters and does have a gas fireplace. Also has a drilled well for year round access to water. Along with the 3 bedrooms, there is a 64 square foot 'Crows Nest' that currently has 2 twin beds. As the home sits now, you could easily sleep 8 without using the living room.
Whites Pond is a 195 acre pond that is open to fishing all year round including ice fishing. There is easy access to the snowmobile Trails directly from Camp as ITS 84 runs very close to the back of the Pond. The swimming in the lake is great, and with it being shallow, it is perfect for children. Flood insurance is not required. The beachfront includes a 'point' that juts out into the water and also includes a sandy bottom of shallow water for numerous feet. Don't miss this chance to own a Maine Lake House!

Last Listed By

Matthew Mocciola

The Maine Real Estate Experience Listed on: 08/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Home fronts a pond
  • 101 Feet of Waterfront
  • Property fronts a private road
  • Public Beach
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard
  • Stucco

Interior Spaces

  • 952 Sq Ft Home
  • 1 Fireplace
  • Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number PALA-000014-000000-000025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,251

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Frontage Type: Private
  • Water Body Name: Whites Pond
  • Co List Office Mls Id: 3148
  • Co List Office Phone: 207-312-9182
  • MLS Status: Closed
  • Directions: From Newport Exit take Route 2 until Lang Hill Road on Right. Take White Pond road on left. Loon Lane veers to left, then home is on the right.
  • Above Grade Finished Sq Ft: 952.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 952.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 101.0
  • Water Info:Water Frontage Owned -: 101.0
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Equipment:DSL: Yes
  • Roof:Fiberglass: Yes
  • Exterior:Stucco: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Mountain(s), Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stucco, Clapboard, Wood Frame
  • Roof: Fiberglass

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: PALA-000014-000000-000025
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1251.0
  • Tax Book Number: 2975
  • Tax Lot: 25
  • Tax Map Number: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 16, 2022
Sold by
Nute James H and Nute Diane J
Bought by
Stevens Leah M and Stevens Stephen S
Seller's Agent
Matthew Mocciola
The Maine Real Estate Experience
Buyer's Agent
Ian Morphew
American Realty Company
List Price
$250,000
Sold Price
$272,000
Premium/Discount to List
$22,000
8.8%
Total Days on Market
1
Current Estimated Value
$346,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,025
Avg. Annual Appreciation
9.55%
Original Mortgage
$217,600
Outstanding Balance
$210,143
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,882

Purchase Details

Closed on
Nov 13, 2015
Sold by
Sweet Ronald W
Bought by
Nute Diane J and Nute James H

Range of Values:

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Average Value
Not Available
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
Stevens Leah M $272,000 None Available
Nute Diane J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Leah M $217,600
Previous Owner Sweet Ronald W $70,308
Previous Owner Sweet Ronald $12,082
Previous Owner Sweet Ronald $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $272,000 +8.8% $286 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $250,000 -- $263 / 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 $2,862 $260,190 $191,080 $69,110
2023 $2,862 $260,190 $191,080 $69,110
2022 $1,199 $70,500 $36,100 $34,400
2021 $1,251 $70,500 $36,100 $34,400
2020 $2,668 $70,500 $36,100 $34,400
2019 $2,640 $70,500 $36,100 $34,400
2018 $1,301 $69,400 $35,000 $34,400
2017 $1,249 $69,400 $35,000 $34,400
2016 $23 $66,300 $31,900 $34,400
2015 $1,101 $66,300 $31,900 $34,400
2012 $863 $57,500 $23,100 $34,400
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1538671

Maine Listings

APN: PALA-000014-000000-000025