NOT LISTED FOR SALE

281 Penney Rd New Gloucester, ME 04260

Estimated Value: $394,000 - $449,000

2 Beds
1 Bath
1,064 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $253,000 $238 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,470/month

73 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • Deck
  • Ranch Style House
  • 1 Car Detached Garage

About This Home

As of January 2021

Adorable ranch on a bountiful, private 2 acre lot. Off the beaten path and just a short drive to Portland, Auburn, and Freeport. The updates including the metal roof, vinyl siding and the 1 car garage make living and maintenance simple and give you more time to enjoy the serene backyard and multiple flowering gardens. In addition to space upstairs, there is a finished and heated bonus space in the basement to use as you wish! The floors are super durable throughout with tile in kitchen and bath and Dupont Laminate throughout the rest.
Don't miss out on this very well cared for home in New Gloucester!
See attached list for all the updates and property features.

Last Agent to Sell the Property

Gina Letourneau

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: ginaletourneau@masiello.com Listed on: 12/07/2020

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Sierra Lemieux

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: ginaletourneau@masiello.com

Last Buyer's Agent

Shannon Boyington

Locations Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural Residential

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Views of Woods

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

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

Additional Features

  • Deck
  • Crops

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29-C
  • Assessor Parcel Number NEWG-000004-000000-000029-C000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,399

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1066
  • Co List Office Phone: 207-782-8311
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1988
  • Attribution Contact: ginaletourneau@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 864.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Kitchen Countertop:Formica: Yes
  • Site:Harvestable Crops: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 200.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Harvestable Crops, Level, Open Lot, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: NEWG-000004-000000-000029-C000000
  • Zoning: Rural Residential

Tax Info

  • Tax Annual Amount: 2399.0
  • Tax Book Number: 22347
  • Tax Lot: 29-C
  • Tax Map Number: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 29, 2021
Sold by
Wildes Tena L
Bought by
Grant Nicole and Grant Travis
Seller's Agent
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Shannon Boyington
Locations Real Estate Group LLC
List Price
$235,000
Sold Price
$253,000
Premium/Discount to List
$18,000
7.66%
Current Estimated Value
$418,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,787
Avg. Annual Appreciation
11.40%
Original Mortgage
$248,417
Outstanding Balance
$222,066
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$196,721

Purchase Details

Closed on
Feb 23, 2005
Sold by
Beckwith Mark P
Bought by
Wildes Tena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Grant Nicole -- None Available
Wildes Tena L $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Nicole $248,417
Previous Owner Wildes Tena L $136,800
Previous Owner Wildes Tena L $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $253,000 +7.7% $238 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $235,000 -- $221 / 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 $2,990 $200,774 $84,000 $116,774
2023 $2,869 $200,774 $84,000 $116,774
2022 $2,771 $200,774 $84,000 $116,774
2021 $2,771 $200,774 $84,000 $116,774
2020 $2,741 $200,774 $84,000 $116,774
2019 $2,165 $128,100 $65,800 $62,300
2018 $1,708 $128,100 $65,800 $62,300
2017 $1,998 $128,100 $65,800 $62,300
2016 $1,883 $128,100 $65,800 $62,300
2015 $1,877 $128,100 $65,800 $62,300
2014 $1,857 $128,100 $65,800 $62,300
2013 $1,723 $128,100 $65,800 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1471300

Maine Listings

APN: NEWG-000004-000000-000029-C000000