NOT LISTED FOR SALE

307 Ossipee Trail Limington, ME 04049

Estimated Value: $438,000 - $488,451

3 Beds
2.5 Baths
1,920 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2023

Last sale price $417,500 $217 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,850 / mo

38 Days on Market

Highlights

  • Barn
  • 7 Acre Lot
  • Wood Flooring
  • Scenic Views
  • Colonial Architecture
  • No HOA

About This Home

As of October 2023

Unique opportunity to own a 7-acre farm property/Gentleman's farm with multiple outbuildings, a farm stand(negotiable), 3-story barn with multiple stalls and open field pasture. The main house has 3 bedrooms and 2.5 baths with a primary bedroom on the second floor with an ensuite bathroom. Most rooms in the house have wood floors. The 3-story barn has running water and electricity. 4-6 stalls plus holding areas and a milking room. Equipment is negotiable. Just off the barn is a processing room known as the 'cheese room' or pantry, cooking area. Perfect for making cheeses, jams, jellies, or processing farm produce. On the corner of the driveway and main road is a farmstand building complete with water and power (this building will not convey unless negotiated into the offer). Equipment in both the cheese house and farm stand are negotiable. There are also areas for gardens and animals as well as a chicken coop. Property is being sold-as-is. Showings begin on Friday, June 30th.

Last Agent to Sell the Property

Brandon Elsemore

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 06/30/2023

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Kathleen McClelland

Krainin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1920

Lot Details

  • 7 Acre Lot
  • Property is zoned Rural

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • Wood Flooring
  • Scenic Vista Views
  • Interior Basement Entry
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed
  • Outbuilding

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number LIMI-000011R-000000-000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,532

Year Built

Built in 1920

Lot Details

7 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.0
  • MLS Status: Closed
  • Directions: From Limington town center, head north west on Rt 11/Sokokis Ave, take left onto Ossipee Trail/Rt 25. House will be on your right.
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 234.32
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Bonus Room:Bonus Room: Bonus Room
  • Office:Office: Office
  • Den:Den: Den
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • View: Scenic
  • Waterfront: No
  • Other Structures: Outbuilding, Shed(s), Barn(s)
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Stove
  • 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: 304920.0
  • Parcel #: LIMI-000011R-000000-000016
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3532.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Oct 2, 2023
Sold by
Wright Edward J and Wright Deborah J
Bought by
Kennedy Christopher A and Kennedy Lindsay L
Seller's Agent
Brandon Elsemore
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Kathleen McClelland
Krainin Real Estate
List Price
$449,900
Sold Price
$417,500
Premium/Discount to List
-$32,400
-7.2%
Current Estimated Value
$460,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,613
Avg. Annual Appreciation
3.88%
Original Mortgage
$375,750
Outstanding Balance
$366,921
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,192

Purchase Details

Closed on
Jan 9, 2008
Sold by
Wright Edward J
Bought by
Wright Edward J and Wright Deborah J

Purchase Details

Closed on
Dec 6, 2005
Sold by
Adams Marie F
Bought by
Wright Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.14%
Mortgage Type
Commercial
Source: Public Records
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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
Kennedy Christopher A $417,500 None Available
Wright Edward J -- --
Wright Edward -- --
Wright Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Christopher A $375,750
Previous Owner Wright Edward $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $417,500 -7.2% $217 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $449,900 -- $234 / Sq Ft
Source: Maine Listings

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
2025 $4,926 $439,820 $117,450 $322,370
2024 $4,939 $439,820 $117,450 $322,370
2023 $4,499 $439,820 $117,450 $322,370
2022 $3,532 $239,485 $78,300 $161,185
2021 $3,161 $239,485 $78,300 $161,185
2020 $1,638 $239,485 $78,300 $161,185
2019 $2,946 $239,485 $78,300 $161,185
2017 $2,545 $239,485 $78,300 $161,185
2016 $2,694 $239,485 $78,300 $161,185
2015 $2,610 $239,485 $78,300 $161,185
2014 $2,610 $239,485 $78,300 $161,185
2013 $2,515 $239,485 $78,300 $161,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1563236

Maine Listings

APN: LIMI-000011R-000000-000016

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