NOT LISTED FOR SALE

28 Lake Rd Norway, ME 04268

Estimated Value: $48,000 - $143,000

0.75 Acre
$116,919 Price per Acre
32,670 Sq Ft Lot

Last Sold February 12, 2019

Last sale price $19,350 $16 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $507/month

17 Days on Market

About This Lot

As of February 2019

This unique in-town lot is a very convenient location for a small retirement home/mobile OR even potential( w/town approval )for a business/commercial use. Town water/sewer/sidewalk avail. Within an easy walk to Downtown Norway amenities and offers high visibility to local commuters, visitors and tourists. Norway Lake Park & Beach, hiking trails, medical facilities, Cafe's/Bakery/Bookstore/Post Office/Library/Bank/Hospital and other shops & restaurants all within an easy walk or very quick drive. Don't overlook the possibilities and opportunities with this lot. More lot improvements will be continuing soon. New survey available.

Last Agent to Sell the Property

Janet Truman

Mahoosuc Realty, Inc. Listed on: 01/03/2019

Last Buyer's Agent

Eileen Gleason

Bean Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $350

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Additional Features

  • City Lot
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 28lakeroadnorwaymaine04268

Property Details

Property Type

Land

Est. Annual Taxes

$350

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.75
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Utility Info Electric On Site: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Intown, Near Shopping, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 28lakeroadnorwaymaine04268
  • Zoning: none

Tax Info

  • Tax Annual Amount: 350.0
  • Tax Book Number: 5270
  • Tax Lot: 21
  • Tax Map Number: 24
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 12, 2019
Sold by
Trs Timber Properties Llc
Bought by
Brown Justin and Brown Heather
Seller's Agent
Janet Truman
Mahoosuc Realty, Inc.
Buyer's Agent
Eileen Gleason
Bean Group
List Price
$22,500
Sold Price
$19,350
Premium/Discount to List
-$3,150
-14%
Current Estimated Value
$89,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,930
Avg. Annual Appreciation
26.13%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Tuominen Kim
Bought by
Wells Fargo Bank Na
Source: Public Records

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
Brown Justin -- --
Wells Fargo Bank Na -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $19,350 -14.0% $16 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $22,500 +60.7% $18 / Sq Ft
02/29/2016 02/29/16 Sold $14,000 -26.3% $11 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $19,000 +216.7% $15 / Sq Ft
07/06/2015 07/06/15 Sold $6,000 -39.4% $5 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $9,900 -- $8 / 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 $400 $22,429 $22,429 $0
2023 $329 $22,400 $22,400 $0
2022 $316 $22,400 $22,400 $0
2021 $356 $20,400 $20,400 $0
2020 $358 $20,400 $20,400 $0
2019 $358 $20,400 $20,400 $0
2018 $351 $20,400 $20,400 $0
2017 $351 $20,400 $20,400 $0
2015 $423 $26,600 $26,600 $0
2013 $1,564 $106,400 $26,600 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1401538

Maine Listings

APN: NORY-000024-000000-000021