NOT LISTED FOR SALE

346 Ridge Rd Addison, ME 04606

Estimated Value: $107,000 - $285,000

6 Beds
3 Baths
2,400 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 10, 2024

Last sale price $125,000 $52 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,039/month

115 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Bedroom
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Level Lot

About This Home

As of February 2024

A great investment opportunity. Duplex has 2 apartments with a kitchen/living combination. 2 mobile home lots to rent out. Possible mobile home to go with property. $300 lot rental- $600 per unit rental. Many new updates done to ''duplex''. Move your own home to one of the lots and reap the rental money to pay mortgage. Close to Addison town landing and many hiking trails.

Last Agent to Sell the Property

Mary Knapp

Realty of Maine Listed on: 08/07/2023

Realty of Maine

Last Buyer's Agent

Mary Knapp

Realty of Maine Listed on: 08/07/2023

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1950

Lot Details

  • 9 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • 2,400 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vertical Siding
  • Metal Siding

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number ADDI-000004-000000-000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,209

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.0
  • MLS Status: Closed
  • Directions: From US-1 turn onto Ridge Road, go approximately 1 mile. Property is on left, sign is up.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 9.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Style:Duplex: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Metal Clad: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vertical Siding, Metal Clad, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 392040.0
  • Parcel #: ADDI-000004-000000-000024
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Book Number: 4403
  • Tax Lot: 24
  • Tax Map Number: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Feb 9, 2024
Sold by
Merchant Bertram B
Bought by
Nauta Douglas P and Kaplan Margaret H
Seller's Agent
Mary Knapp
Realty of Maine
Buyer's Agent
Mary Knapp
Realty of Maine
List Price
$185,000
Sold Price
$125,000
Premium/Discount to List
-$60,000
-32.43%
Views
2
Current Estimated Value
$167,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,072
Avg. Annual Appreciation
5.35%
Original Mortgage
$93,750
Outstanding Balance
$92,546
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$42,483

Purchase Details

Closed on
Jan 20, 2017
Sold by
Grant Patricia N and Shaw Ryan D
Bought by
Merchant Bertram B

Purchase Details

Closed on
Jan 8, 2008
Sold by
Grant Donald M and Grant Jean S
Bought by
Grant Patricia N and Shaw Ryan D
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
Nauta Douglas P $125,000 None Available
Nauta Douglas P $125,000 None Available
Nauta Douglas P $125,000 None Available
Merchant Bertram B -- --
Merchant Bertram B -- --
Grant Patricia N -- --
Grant Patricia N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nauta Douglas P $93,750
Closed Nauta Douglas P $93,750
Previous Owner Grant Patricia $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2024 02/10/24 Sold $125,000 -32.4% $52 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $185,000 -- $77 / 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 $1,400 $74,800 $44,100 $30,700
2023 $2,883 $167,400 $76,000 $91,400
2022 $2,719 $163,800 $72,400 $91,400
2021 $1,237 $74,500 $47,600 $26,900
2020 $1,218 $76,100 $47,600 $28,500
2019 $1,210 $76,100 $47,600 $28,500
2018 $1,210 $76,100 $47,600 $28,500
2017 $779 $49,000 $16,600 $32,400
2016 $1,558 $106,700 $42,600 $64,100
2015 $1,531 $106,700 $42,600 $64,100
2014 $1,430 $106,700 $42,600 $64,100
2013 $1,334 $106,700 $42,600 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1567897

Maine Listings

APN: ADDI-000004-000000-000024