NOT LISTED FOR SALE

370 Hoffman Shore Palermo, ME 04354

Estimated Value: $334,000 - $438,000

2 Beds
1.5 Baths
1,100 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $218,500 $199 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,446/month

276 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • No HOA
  • 55 Feet of Waterfront
  • Ranch Style House
  • Direct Access Garage

About This Home

As of March 2017

Energy-efficient home overlooking Sheepscot Pond with 50’ shore frontage. 2 beds and one bath on upper level, 3-car garage with an auto lift and half bath on lower level. Washer and dryer. Structural insulated panel (SIP) exterior wall, propane-fired tankless water heater with in-floor radiant heat up and down. 10+/- acres. Approx. 5 acres cleared for building site has garden area, fire pit, and room for parking RVs and boats. Water filter and septic system sized for add'l house. Further development potential.

Last Agent to Sell the Property

Daniel Hildebrandt

AllMaineHomes, LLC Listed on: 03/04/2016

Last Buyer's Agent

Lori Dube

Sprague & Curtis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2007

Lot Details

  • 10 Acre Lot
  • 55 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned LR

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,100 Sq Ft Home
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Generator Hookup
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 370hoffmanshorepalermo04354

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Road Surface Type: Gravel
  • Water Body Name: Sheeptscot Pond
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 2007
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1100.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:On Demand: Yes
  • Foundation Materials:Slab: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Radiant: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 55.0
  • Water Info:Water Frontage Owned -: 55.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Heated: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance, Heated Garage, Off Street, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 370hoffmanshorepalermo04354
  • Zoning: LR

Tax Info

  • Tax Annual Amount: 2100.0
  • Tax Book Number: 03940
  • Tax Lot: 12
  • Tax Map Number: D-3
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Mar 6, 2017
Sold by
Healey Lee A
Bought by
Sedgwick Jeannette P and Peiper Robert W
Seller's Agent
Daniel Hildebrandt
AllMaineHomes, LLC
Buyer's Agent
Lori Dube
Sprague & Curtis Real Estate
List Price
$259,000
Sold Price
$218,500
Premium/Discount to List
-$40,500
-15.64%
Current Estimated Value
$403,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,339
Avg. Annual Appreciation
7.40%
Original Mortgage
$100,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2015
Sold by
Healey David
Bought by
Healey Lee A

Purchase Details

Closed on
Jan 20, 2005
Sold by
Hoffman Roger G and Hoffman Sally
Bought by
Healey David and Healey Lee A
Source: Public Records

Range of Values:

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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
Sedgwick Jeannette P -- --
Healey Lee A -- --
Healey David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sedgwick Jeannette P $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 Sold $218,500 -15.6% $199 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $259,000 -- $235 / 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 $3,568 $310,300 $105,200 $205,100
2023 $3,413 $310,300 $105,200 $205,100
2022 $3,227 $310,300 $105,200 $205,100
2021 $3,596 $260,600 $105,200 $155,400
2020 $3,518 $260,600 $105,200 $155,400
2019 $3,188 $239,700 $105,200 $134,500
2018 $2,678 $210,900 $105,200 $105,700
2017 $2,826 $210,900 $105,200 $105,700
2016 $2,784 $210,900 $105,200 $105,700
2015 $2,805 $210,900 $105,200 $105,700
2013 $2,699 $234,700 $105,200 $129,500
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hildebrandt

    Seller's Agent in 2017

    Daniel Hildebrandt

    AllMaineHomes, LLC

    (207) 215-5669

    27 Total Sales

    Daniel Hildebrandt
    Section Image
  • Lori Dube

    Buyer's Agent in 2017

    Lori Dube

    Sprague & Curtis Real Estate

    (207) 620-0886

    306 Total Sales

    Lori Dube
    Section Image
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Map

Source: Maine Listings

MLS Number: 1253220

Maine Listings

APN: PALE-000003-000000-000012-D000000

Maine Waldo County Palermo 04354

370 Hoffman Shore, Palermo, ME

This home is located at 370 Hoffman Shore, Palermo, ME 04354 since 04 March 2016 and is currently estimated at $403,839, approximately $367 per square foot. This property was built in 2007. 370 Hoffman Shore is a home located in Waldo County.

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