$125,000
SOLD MAR 9, 2018

279 New Settlement Rd Hiram, ME 04041

3 Beds
2 Baths
2,016 Sq Ft
2 Acres

Recently Sold

$62 Per Sq Ft

17% Below List Price

143 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Detached Garage
  • Wooded Lot
  • No HOA
  • Baseboard Heating

About This Home

As of February 2021

Peaceful setting for this 3 bdr / 2 bath cape with distant vistas. The property is in need of TLC but structurally sound and a lot of upside for the buyer. Recent inspection of the septic system has determined it will need to be replaced. Sale can only be a Cash Buyer or 203K loan. FANNIE MAE will not escrow money for work to be completed.

Last Agent to Sell the Property

Ridge York

Blue Lobster Real Estate Listed on: 09/11/2017

Last Buyer's Agent

Bradley Perkins

Century 21 First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • 2,016 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Detached Garage
  • Gravel Driveway

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Sale
  • Legal Lot and Block A-1 / 89
  • Assessor Parcel Number 33315-R01-0089-A1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Route 25, take right onto S. Hiram Road, right onto New Settlement Road, House is on the right, second home on gravel right of way.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1998
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 87120.0
  • Parcel #: 33315-R01-0089-A1
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 2318.0
  • Tax Block: 89
  • Tax Book Number: 501
  • Tax Lot: A-1
  • Tax Map Number: R1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Feb 3, 2021
Sold by
Hicks Amy L and Hicks Joshua M
Bought by
Hill Bruce A
Seller's Agent
Monica LaVerdiere
Bearfoot Realty
Buyer's Agent
Theresa Cawood
Keller Williams Realty
List Price
$269,900
Sold Price
$274,000
Premium/Discount to List
$4,100
1.52%
Current Estimated Value
$351,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,272
Avg. Annual Appreciation
4.69%
Original Mortgage
$269,037
Outstanding Balance
$242,421
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$93,815

Purchase Details

Closed on
Sep 4, 2020
Sold by
Hoagland Shawn R
Bought by
Hicks Amy L and Hicks Joshua M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,827
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 15, 2018
Sold by
Wyman Jeffrey D and Wyman Carol B
Bought by
Hoagland Shawn R
Seller's Agent
Bradley Perkins
Bean Group
Buyer's Agent
Joyce Veroneau
RE/MAX Realty One
List Price
$214,500
Sold Price
$205,000
Premium/Discount to List
-$9,500
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$211,765
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2017
Closed on
Mar 14, 2018
Sold by
Leonard Donald H and Leonard Amy S
Bought by
Wyman Carol B and Wyman Jeffrey D
Seller's Agent
Ridge York
Blue Lobster Real Estate
Buyer's Agent
Bradley Perkins
Century 21 First Choice Realty
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
570.38%

Purchase Details

Closed on
Sep 8, 2005
Sold by
Sanborn Amy S
Bought by
Sanborn Amy S and Leonard Donald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,706 FHA
Closed $25,403 FHA
Open $269,037 FHA
Previous Owner $230,827 New Conventional
Previous Owner $211,765 New Conventional
Previous Owner $197,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $274,000 +1.5% $174 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $269,900 +31.7% $172 / Sq Ft
06/11/2018 06/11/18 Sold $205,000 -4.4% $102 / Sq Ft
04/25/2018 04/25/18 For Sale $214,500 +71.6% $106 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/09/2018 03/09/18 Sold $125,000 -16.7% $62 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
09/11/2017 09/11/17 For Sale $150,000 -- $74 / 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 $2,672 $245,580 $46,880 $198,700
2023 $2,618 $211,850 $37,500 $174,350
2022 $2,388 $162,240 $31,250 $130,990
2021 $2,370 $162,240 $31,250 $130,990
2020 $2,359 $162,240 $31,250 $130,990
2019 $2,359 $162,240 $31,250 $130,990
2018 $2,364 $162,240 $31,250 $130,990
2017 $2,318 $162,240 $31,250 $130,990
2016 $2,383 $162,240 $31,250 $130,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1325735

Maine Listings

APN: R01-0089-A1