2875 N Palermo Rd Palermo, ME 04354
Estimated payment $2,427/month
Highlights
- Hot Property
- 1 Fireplace
- Tile Flooring
- Main Floor Bedroom
- No HOA
- Baseboard Heating
About This Home
Welcome to this well-maintained Cape-style home offering a rural feel while being just minutes from Augusta and the turnpike. Thoughtfully updated with vinyl siding, an architectural roof, and seamless gutters, this property is move-in ready. The modern kitchen flows into the dining room and sunken living room, complete with a heat pump for efficient heating and cooling. A first-floor bedroom with ensuite bath and a three-season porch overlooking the backyard and pond make for comfortable living. Upstairs you'll find three bedrooms and a full bath, providing flexibility for family, guests, or office space. The partial walkout basement offers potential for future finishing, while the oversized garage provides plenty of room for vehicles, storage, and toys. Outdoors, the property has supported gardens, goats, and chickens, giving it a versatile country feel. Add in friendly neighbors, nearby lakes, and access to hundreds of miles of snowmobile trails, and this home delivers the perfect balance of comfort, space, and lifestyle.
Listing Agent
Keller Williams Realty Brokerage Phone: (207) 232-8877 Listed on: 12/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,876
Year Built
- Built in 1985
Lot Details
- 8.91 Acre Lot
Parking
- 2 Car Garage
Home Design
- Shingle Roof
Interior Spaces
- 2,250 Sq Ft Home
- 1 Fireplace
- Basement
- Interior Basement Entry
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Utilities
- No Cooling
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Generator Hookup
- Private Water Source
- Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number PALE-000008-000000-000028-R000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,876 | $337,000 | $33,100 | $303,900 |
| 2023 | $3,707 | $337,000 | $33,100 | $303,900 |
| 2022 | $3,505 | $337,000 | $33,100 | $303,900 |
| 2021 | $4,281 | $310,200 | $45,100 | $265,100 |
| 2020 | $4,188 | $310,200 | $45,100 | $265,100 |
| 2019 | $4,126 | $310,200 | $45,100 | $265,100 |
| 2018 | $3,940 | $310,200 | $45,100 | $265,100 |
| 2017 | $4,157 | $310,200 | $45,100 | $265,100 |
| 2016 | $2,889 | $218,900 | $35,100 | $183,800 |
| 2015 | $2,911 | $218,900 | $35,100 | $183,800 |
| 2013 | $2,438 | $212,000 | $35,100 | $176,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $399,900 | 0.0% | $178 / Sq Ft | |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- | |
| 10/17/2025 10/17/25 | Price Changed | $399,900 | -5.9% | $178 / Sq Ft | |
| 09/22/2025 09/22/25 | Price Changed | $425,000 | -5.6% | $189 / Sq Ft | |
| 09/11/2025 09/11/25 | For Sale | $450,000 | +21.6% | $200 / Sq Ft | |
| 04/19/2024 04/19/24 | Sold | $370,000 | -7.3% | $164 / Sq Ft | View Prior Sale |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- | |
| 02/20/2024 02/20/24 | Price Changed | $399,000 | -6.1% | $177 / Sq Ft | |
| 01/27/2024 01/27/24 | Price Changed | $425,000 | -2.3% | $189 / Sq Ft | |
| 01/12/2024 01/12/24 | For Sale | $435,000 | +22.5% | $193 / Sq Ft | |
| 07/07/2022 07/07/22 | Sold | $355,000 | +2.9% | $158 / Sq Ft | View Prior Sale |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- | |
| 05/31/2022 05/31/22 | For Sale | $345,000 | -8.0% | $153 / Sq Ft | |
| 01/25/2021 01/25/21 | Sold | $375,000 | +34.0% | $167 / Sq Ft | View Prior Sale |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- | |
| 10/07/2020 10/07/20 | For Sale | $279,900 | -- | $125 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | None Available | |
| Warranty Deed | $370,000 | None Available | |
| Warranty Deed | $355,000 | None Available | |
| Warranty Deed | $355,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $363,298 | FHA | |
| Closed | $363,298 | FHA | |
| Previous Owner | $362,484 | FHA | |
| Previous Owner | $151,200 | Commercial |
Source: Maine Listings
MLS Number: 1637336
APN: PALE-000008-000000-000028-R000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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