Estimated payment $2,014/month
Highlights
- 1.42 Acre Lot
- Colonial Architecture
- No HOA
- Orono Middle School Rated A-
- Main Floor Bedroom
- Forced Air Heating System
About This Home
Spacious 4-Bed, 2-Bath Home with Bonus Rooms & Income Potential - Just 5 Minutes from UMaine!
Orono, Maine | 4 Bed | 2 Bath | 2 Bonus Rooms | 1.42 Acres | 1,599 Sq Ft Located just 5 minutes from the University of Maine in Orono, this spacious and versatile home offers strong investment potential, a flexible layout, and a rare 1.42-acre lot. Whether you're looking to expand your rental portfolio or settle into a well-positioned residence, this property has the features and location to deliver. Property Highlights:
4 Bedrooms & 2 Full Bathrooms: Generous bedroom space ideal for student housing, roommates, or family living. 2 Additional Bonus Rooms: Use as home offices, workout spaces, media rooms, or private study areas — plenty of options to suit your lifestyle or rental setup. 1,599 Sq Ft of Living Space: Functional layout that balances private and communal areas for comfortable everyday use. Large 1.42-Acre Lot: A rare find in-town with room for outdoor living, privacy, or possible future improvements. Established Rental Use: Currently utilized as a rental property for UMaine students, offering excellent income potential for investors or owner-occupiers. Prime Location: Close to campus, downtown Orono, restaurants, and Route 2 — easy access for students, faculty, and professionals alike. Investment & Lifestyle Options:
Maintain as a reliable college rental with strong demand Live-in owner setup with space for roommates or family Whether you're seeking steady rental income or a flexible home base in a thriving university town, this Orono property delivers both opportunity and value. Schedule your showing today and see the potential for yourself!
Listing Agent
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 04/09/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,998
Year Built
- Built in 1960
Lot Details
- 1.42 Acre Lot
- Property fronts a freeway
Parking
- 1 Car Garage
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 1,599 Sq Ft Home
- Interior Basement Entry
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 029
- Assessor Parcel Number ORON-030000-000000-000029
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 |
|---|---|---|---|---|
| 2025 | $5,080 | $255,300 | $55,900 | $199,400 |
| 2024 | $4,998 | $234,100 | $51,200 | $182,900 |
| 2023 | $4,980 | $212,800 | $46,600 | $166,200 |
| 2022 | $5,065 | $212,800 | $46,600 | $166,200 |
| 2021 | $5,054 | $212,800 | $46,600 | $166,200 |
| 2020 | $4,267 | $151,900 | $37,500 | $114,400 |
| 2019 | $4,018 | $151,900 | $37,500 | $114,400 |
| 2018 | $4,101 | $151,900 | $37,500 | $114,400 |
| 2017 | $3,949 | $151,900 | $37,500 | $114,400 |
| 2016 | $3,775 | $151,900 | $37,500 | $114,400 |
| 2015 | $3,706 | $151,900 | $37,500 | $114,400 |
| 2014 | $3,847 | $161,300 | $46,900 | $114,400 |
| 2013 | $3,742 | $161,300 | $46,900 | $114,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $299,000 | 0.0% | $187 / Sq Ft | |
| 04/09/2026 04/09/26 | For Sale | $299,000 | -9.4% | $187 / Sq Ft | |
| 10/13/2025 10/13/25 | Off Market | $330,000 | -- | -- | |
| 08/22/2025 08/22/25 | Price Changed | $330,000 | -0.9% | $206 / Sq Ft | |
| 08/22/2025 08/22/25 | Price Changed | $333,000 | -3.5% | $208 / Sq Ft | |
| 08/05/2025 08/05/25 | Price Changed | $345,000 | -2.8% | $216 / Sq Ft | |
| 07/20/2025 07/20/25 | For Sale | $355,000 | +36.5% | $222 / Sq Ft | |
| 04/01/2024 04/01/24 | Sold | $260,000 | -5.5% | $163 / Sq Ft | View Prior Sale |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- | |
| 02/22/2024 02/22/24 | For Sale | $275,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1631188
APN: ORON-030000-000000-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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