$302,500
SOLD AUG 18, 2014

390 Hoffman Shore Palermo, ME 04354

3 Beds
2.5 Baths
2,028 Sq Ft
0.92 Acres

Recently Sold

$149 Per Sq Ft

12% Below List Price

87 Days on Market

Highlights

  • 118 Feet of Waterfront
  • Wooded Lot
  • Cathedral Ceiling
  • Deck
  • Saltbox Architecture
  • Main Floor Bedroom

About This Home

As of July 2022

Striking year round waterfront home in quality area. Open layout, 3-season room. East and south facing wrap-around deck. 1st floor master suite, generous sized rooms. Large loft & 2 BR on 2nd floor. Very useful shed. Ramped entrance to main level.

Last Agent to Sell the Property

Jean Kirkpatrick

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 04/18/2014

Last Buyer's Agent

Scott Baker

Kennecook Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 2002

Lot Details

  • 0.92 Acre Lot
  • 118 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned shoreland

Home Design

  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,028 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Gravel Driveway
  • On-Site Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 12-9
  • Assessor Parcel Number 390Hoffman Shore RoadPalermoD312-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,620

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot
  • MLS Status: Closed
  • Directions: From Rt 3 in Palermo turn south onto Turner Ridge Rd, go 1.2 miles to left on Hoffman Shore, go 1/2 mile to home on left. next to last on road.
  • Above Grade Finished Sq Ft: 2028.0
  • Architectural Style: Saltbox
  • Year Built: 2002
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.92
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2028.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Bonus Room:Bonus Room: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 118.0
  • Water Info:Water Frontage Owned -: 118.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Style:Saltbox: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Partial, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 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: Second

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural, Subdivided
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.2
  • Parcel #: 390Hoffman Shore RoadPalermoD312-9
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4620.0
  • Tax Book Number: 2201
  • Tax Lot: 12-9
  • Tax Map Number: D3
  • Tax Year: 13

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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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Adjustable Rate Mortgage/ARM
Previous Owner $242,000 New Conventional
Previous Owner $0 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $715,000 -15.9% $361 / Sq Ft View Prior Sale
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: 1130059

Maine Listings

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