NOT LISTED FOR SALE

385 Leeman Arm Rd Palermo, ME 04354

Estimated Value: $320,018 - $462,000

2 Beds
1 Bath
784 Sq Ft
$499/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $210,000 $268 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,236/month

74 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Ranch Style House
  • 100 Feet of Waterfront
  • Home fronts a pond
  • Wood Flooring

About This Home

As of September 2019

Tremendous opportunity to own sunsets for a lifetime at this spectacular Sheepscot Lakefront home. This 2/3 of an acre lot features a move in ready home that is suitable for year-round use with hardwood floors, an open living area, 2 bedrooms, a full bath, separate laundry room and a large shed for ample storage. Located in between Augusta and the coast, this is a great location to unwind and enjoy all of what Maine has to offer!

Last Agent to Sell the Property

Matthew Pouliot

RE/MAX Riverside Listed on: 06/07/2019

Last Buyer's Agent

Kristina Stewart

Rizzo Mattson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,763

Year Built

  • Built in 1971

Lot Details

  • 0.67 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 784 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

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

Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Shed
  • Outbuilding

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number PALE-000004-000000-000081-D000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,763

Year Built

Built in 1971

Lot Details

0.67 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot
  • MLS Status: Closed
  • Directions: 385 Leeman Arm in Palermo. Stay left at fork for Leeman Arm East.
  • Above Grade Finished Sq Ft: 784.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1971
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 286.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.67
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 784.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Water Heater:Tankless: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Foundation Materials:Stone: Yes
  • Foundation Materials:Block3: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Cooling:AC Units: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Tremendous opportunity to own sunsets for a lifetime at this spectacular Sheepscot Lakefront home. This 2/3 of an acre lot features a move in ready home that is suitable for year-round use with hardwood floors, an open living area, 2 bedrooms, a full bath, separate laundry room and a large shed for ample storage. Located in between Augusta and the coast, this is a great location to unwind and enjoy all of what Maine has to offer! Call or text Matt for more information 207.441.9418
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Has Basement: Partial, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • 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: Landscaped, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Stone
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29185.2
  • Parcel #: PALE-000004-000000-000081-D000000
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2763.0
  • Tax Lot: 81
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 23, 2019
Sold by
Degrass Raymond J and Degrass Barbara E
Bought by
Roberts Mark E and Roberts Tammy A
Seller's Agent
Matthew Pouliot
RE/MAX Riverside
Buyer's Agent
Kristina Stewart
Rizzo Mattson
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Current Estimated Value
$391,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,009
Avg. Annual Appreciation
10.20%
Original Mortgage
$150,000
Outstanding Balance
$130,232
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$260,777

Purchase Details

Closed on
Aug 24, 2006
Sold by
Freeman Matthew
Bought by
Degrass Raymond J and Degraass Barbara E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Roberts Mark E -- --
Degrass Raymond J -- --
Degrass Raymond J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Mark E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $210,000 -8.7% $268 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $229,900 -- $293 / 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
2024 $2,661 $231,400 $115,100 $116,300
2023 $2,545 $231,400 $115,100 $116,300
2022 $2,407 $231,400 $115,100 $116,300
2021 $2,846 $206,200 $115,100 $91,100
2020 $2,784 $206,200 $115,100 $91,100
2019 $2,742 $206,200 $115,100 $91,100
2018 $2,619 $206,200 $115,100 $91,100
2017 $2,763 $206,200 $115,100 $91,100
2016 $2,722 $206,200 $115,100 $91,100
2015 $2,742 $206,200 $115,100 $91,100
2013 $2,528 $219,800 $115,100 $104,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matthew Pouliot

    RE/MAX Riverside

  • K

    Buyer's Agent in 2019

    Kristina Stewart

    Rizzo Mattson

    (207) 557-4644

    47 Total Sales

    Kristina Stewart
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Map

Source: Maine Listings

MLS Number: 1418578

Maine Listings

APN: PALE-000004-000000-000081-D000000

Maine Waldo County Palermo 04354

385 Leeman Arm Rd, Palermo, ME

Not Listed for Sale

Detached

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