NOT LISTED FOR SALE

275 Bald Head Island Palermo, ME 04354

Estimated Value: $451,366 - $521,000

2 Beds
1 Bath
1,456 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $262,000 $180 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,833/month

40 Days on Market

Highlights

  • 117 Feet of Waterfront
  • Cape Cod Architecture
  • Wooded Lot
  • Home fronts a pond
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2020

This lovely cottage sits on the shores of beautiful Sheepscot Lake. Open concept, with spiral staircase to second floor. Gorgeous pine throughout. Sun room with westerly exposure. Large screened in porch overlooking several perennial gardens. The perfect spot to sit in the evening while listening to the loons or on your dock watching the sunset. Schedule your showing today. Lake overview click link

Last Agent to Sell the Property

Heidi Libby

NextHome Northern Lights Realty Listed on: 06/10/2020

NextHome Northern Lights Realty

Last Buyer's Agent

Anna Boucher

Surette Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,739

Year Built

  • Built in 1989

Lot Details

  • 0.6 Acre Lot
  • Home fronts a pond
  • 117 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Road Access Is Seasonal
  • Dirt Road
  • Street terminates at a dead end
  • Seasonal Access to Property
  • Landscaped
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Cape Cod Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Property is near a golf course

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 1-17
  • Assessor Parcel Number 275BaldHeadIslandPalermo04354

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,739

Year Built

Built in 1989

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot Pond
  • MLS Status: Closed
  • Directions: Exit 113 Augusta to Route 3 Follow Route 3 east A few miles after the Palermo School take a right onto Bushey Shore. Take this onto Bald Head Island. Bare right to west side. Then bare left up hill. Property is on the right.
  • Above Grade Finished Sq Ft: 1456.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1456.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 117.0
  • Water Info:Water Frontage Owned -: 117.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Roads:Seasonal3: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Shower
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Wooded, Near Golf Course
  • View: Trees/Woods
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 275BaldHeadIslandPalermo04354
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 3739.0
  • Tax Book Number: 1127 & 2779
  • Tax Lot: 1-17
  • Tax Map Number: D4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 23, 2020
Sold by
Fleming Stanley T and Fleming Virginia G
Bought by
Godleski Jay B
Seller's Agent
Heidi Libby
NextHome Northern Lights Realty
Buyer's Agent
Anna Boucher
Surette Real Estate
List Price
$279,900
Sold Price
$262,000
Premium/Discount to List
-$17,900
-6.4%
Current Estimated Value
$480,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,842
Avg. Annual Appreciation
12.74%
Original Mortgage
$95,000
Outstanding Balance
$85,318
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$406,980

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bald Head Island Inc
Bought by
Fleming Stanley T and Fleming Virginia G
Source: Public Records

Range of Values:

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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
Godleski Jay B -- None Available
Fleming Stanley T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godleski Jay B $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $262,000 -6.4% $180 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $279,900 -- $192 / 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 $3,413 $296,800 $119,200 $177,600
2023 $3,265 $296,800 $119,200 $177,600
2022 $3,087 $296,800 $119,200 $177,600
2021 $3,879 $281,100 $119,200 $161,900
2020 $3,795 $281,100 $119,200 $161,900
2019 $3,739 $281,100 $119,200 $161,900
2018 $3,570 $281,100 $119,200 $161,900
2017 $3,767 $281,100 $119,200 $161,900
2016 $3,711 $281,100 $119,200 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1450697

Maine Listings

APN: PALE M:D4 L:1-17