NOT LISTED FOR SALE

380 Hoffman Shore Palermo, ME 04354

Estimated Value: $494,000 - $653,166

4 Beds
3 Baths
1,680 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $393,000 $234 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,420/month

363 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Chalet
  • 330 Feet of Waterfront
  • Finished Room Over Garage
  • Deck

About This Home

As of June 2020

AN EXCEPTIONAL PROPERTY. Well landscaped, year round, one owner contemporary, 7 rooms, 4 bedrooms, 3 full baths, with 330' owned frontage on beautiful, deep water, Sheepscot Lake, 180 degree water views, spectacular in all seasons. First floor bedroom & laundry, decks front & rear, daylight walk-out basement, newer maintenance free standing seam metal roof, private road. Two car garage w/finished workshop above, wired RV pad. Generator, 2 docks, large Quonset hut convey. Wall mounted lamps in master bedroom do not convey.

Last Agent to Sell the Property

Robert Lombardo

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/20/2019

Last Buyer's Agent

Sarah Allari Amy Tartaglia

Hoang Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,679

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • 330 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Finished Room Over Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Dining Room
  • Bonus Room
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Power Generator
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12-8
  • Assessor Parcel Number PALE-000003-000000-000012-000008-D

Community Details

Overview

  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,679

Year Built

Built in 1990

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot
  • MLS Status: Closed
  • Directions: From Route 3, take Turner Ridge Road, and turn left onto Hoffman Shore. House is on the left, almost at the end.
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Chalet, Contemporary
  • Garage Yn: Yes
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1680.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 310.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Room Features:Skylight32: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 330.0
  • Water Info:Water Frontage Owned -: 330.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Vehicle Storage:Storage Above: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Room Features:Above Garage28: Yes
  • Bonus Room Amenities:Above Garage6: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Right of Way, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 310.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: PALE-000003-000000-000012-000008-D
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4679.0
  • Tax Book Number: 909
  • Tax Lot: 12-8
  • Tax Map Number: D3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 30, 2020
Sold by
Blomquist Roger and Blomquist Carol
Bought by
Wills Sean A
Seller's Agent
Robert Lombardo
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Sarah Allari Amy Tartaglia
Hoang Realty
List Price
$419,900
Sold Price
$393,000
Premium/Discount to List
-$26,900
-6.41%
Current Estimated Value
$557,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,542
Avg. Annual Appreciation
6.87%
Original Mortgage
$203,500
Outstanding Balance
$180,785
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$376,757

Purchase Details

Closed on
Sep 2, 2014
Sold by
Blomquist Roger and Blomquist Carol
Bought by
Keefer Karl O and Keefer Susan R
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
Wills Sean A -- None Available
Keefer Karl O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Sean A $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $393,000 -6.4% $234 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/20/2019 05/20/19 For Sale $419,900 -- $250 / 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 $5,253 $456,800 $146,500 $310,300
2023 $5,025 $456,800 $146,500 $310,300
2022 $4,751 $456,800 $146,500 $310,300
2021 $5,084 $368,400 $146,500 $221,900
2020 $4,973 $368,400 $146,500 $221,900
2019 $4,900 $368,400 $146,500 $221,900
2018 $4,679 $368,400 $146,500 $221,900
2017 $4,887 $364,700 $146,500 $218,200
2016 $4,814 $364,700 $146,500 $218,200
2015 $4,831 $363,200 $146,500 $216,700
2013 $4,183 $363,700 $146,500 $217,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Lombardo

    Better Homes & Gardens Real Estate/The Masiello Group

  • S

    Buyer's Agent in 2020

    Sarah Allari Amy Tartaglia

    Hoang Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1415196

Maine Listings

APN: PALE-000003-000000-000012-000008-D

Maine Waldo County Palermo 04354

380 Hoffman Shore, Palermo, ME

This home is located at 380 Hoffman Shore, Palermo, ME 04354 since 20 May 2019 and is currently estimated at $557,542, approximately $331 per square foot. This property was built in 1990. 380 Hoffman Shore is a home located in Waldo County.

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