NOT LISTED FOR SALE

390 Hoffman Shore Palermo, ME 04354

Estimated Value: $901,406 - $1,037,000

3 Beds
2.5 Baths
1,980 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $715,000 $361 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,645/month

75 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Country Club
  • 118 Feet of Waterfront
  • Public Beach
  • Home fronts a pond

About This Home

As of July 2022

Once in a long while a waterfront property like this becomes avaiable.One that is perfect in every way! A stunning 3bedroom 2.5 bath contemporary saltbox with 118 feet of pristine waterfront on Shepscot Pond on .92 acres. This year round home has it all. With a flat and level approach you enter the home in the cathedral ceiling entry living room with wood paneled ceilings and skylights.Water views from every direction. as enter to the spacious kitchen with white cabinets and stainless appliances . The countertops are granite as is the island with seating ,beverage cooler, and double ovens. As you overlook the 12 person dining area with panoramic view of the peninsula of waterfront.. When you add the adjacent yet separate sunroom there is over 25 feet of glass sliding doors to look out. A centrally located wood stove warms the whole house.Of course there is a first floor primary bedroom suite complete with a soaking jet tub shower and bath .A separate laundry room with 1/2 bath truly makes one floor living ! A dramatic staircase leads to the second floor where you will find a large bedroom with skylights , a full bath and loft area that is 25 feet by 30 and has additional bedding . To top this floor off there is another bedroom with wood paneled walls and built in cabinetry that overlooks the lake. This home sleep's 10 people comfortably.. No expense has been spared to make this waterfront home exceptional, inviting and wonderous. There is over 80 feet of composite decking and beautiful railings to enjoy the views to the water.The home is bathed in natural light throughout the day and at night there are lighted walkways to the water and docks and lighted steps for your return. Sit in the swing down by the dock and relax. Dive off the end of the dock. with plenty of water.Two firepit locations to choose from This home comes completely furnished and everything is included that is here .You also have the ability to add on as you see fit for whatever else you imagine

Last Agent to Sell the Property

John Blouin

LAER Listed on: 04/29/2022

LAER

Last Buyer's Agent

Allyson Karter

Vallee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 2002

Lot Details

  • 0.92 Acre Lot
  • Home fronts a pond
  • 118 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Saltbox Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Jetted Soaking Tub and Separate Shower in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Dehumidifier
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Generator Hookup
  • Natural Gas Not Available
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12-9
  • Assessor Parcel Number PALE-000003-000000-000012-000009-D

Community Details

Overview

  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,142

Year Built

Built in 2002

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot Pond
  • MLS Status: Closed
  • Directions: From Route 3 in Palermo head south on Turne Ridge Road and go 1.2 miles and turn left on Hoffman Shore and follow 7/10 mile and home is on left .Next to last one in
  • Above Grade Finished Sq Ft: 1980.0
  • Architectural Style: Chalet, Saltbox
  • Garage Yn: No
  • Efficiency: Dehumidifier
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.92
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1980.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: 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:Skylight31: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Soaking Tub17: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 118.0
  • Water Info:Water Frontage Owned -: 118.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Electric:Generator Hookup: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Style:Saltbox: Yes
  • Location:Near Railroad: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Room Features:Jetted Tub17: 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: Refrigerator, Microwave, Electric Range, Dryer, Dishwasher, Cooktop
  • Accessibility Features: Level Entry
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • 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

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.2
  • Parcel #: PALE-000003-000000-000012-000009-D
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5142.0
  • Tax Book Number: 4244
  • Tax Lot: 12-9
  • Tax Map Number: D-3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 15, 2022
Sold by
Oclair Brandon R and Doyon Paul R
Bought by
Betts R Cameron R and Betts Heather A
Seller's Agent
John Blouin
LAER
Buyer's Agent
Allyson Karter
Vallee Real Estate
List Price
$850,000
Sold Price
$715,000
Premium/Discount to List
-$135,000
-15.88%
Current Estimated Value
$969,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,203
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Keefer Karl O and Keefer Susan R
Bought by
Oclair Brandon R and Doyon Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 18, 2014
Closed on
Sep 2, 2014
Sold by
Keefer Karl O and Keefer Susan R
Bought by
Oclair Brandon R and Doyon Paul R
Seller's Agent
Jean Kirkpatrick
Rizzo Mattson
Buyer's Agent
Scott Baker
Kennecook Real Estate
List Price
$345,000
Sold Price
$302,500
Premium/Discount to List
-$42,500
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$242,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Betts R Cameron R -- None Available
Betts R Cameron R -- None Available
Oclair Brandon R -- --
Oclair Brandon R -- --
Oclair Brandon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oclair Brandon R $250,000
Previous Owner Oclair Brandon R $242,000
Previous Owner Oclair Brandon R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $715,000 -15.9% $361 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $850,000 +181.0% $429 / Sq Ft
08/18/2014 08/18/14 Sold $302,500 -12.3% $149 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $345,000 -- $170 / 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 $5,786 $503,100 $120,500 $382,600
2023 $5,534 $503,100 $120,500 $382,600
2022 $5,232 $503,100 $120,500 $382,600
2021 $5,142 $372,600 $120,500 $252,100
2020 $5,030 $372,600 $120,500 $252,100
2019 $4,956 $372,600 $120,500 $252,100
2018 $4,732 $372,600 $120,500 $252,100
2017 $4,993 $372,600 $120,500 $252,100
2016 $4,918 $372,600 $120,500 $252,100
2015 $4,956 $372,600 $120,500 $252,100
2013 $4,348 $378,100 $120,500 $257,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526365

Maine Listings

APN: PALE-000003-000000-000012-000009-D