NOT LISTED FOR SALE

40 Hutchins St Norway, ME 04268

Estimated Value: $472,000 - $1,123,742

26.21 Acres
$27,974 Price per Acre
1,141,708 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $650,000

Est. 13% increase in value since last sale

Current estimated payment $4,764/month

230 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Country Club
  • Wooded Lot
  • 2,380 Feet of Waterfront
  • 26.21 Acre Lot
  • No HOA

About This Lot

As of May 2024

Looking for a private piece of paradise on the lake for your friends and family? Look no further than this wooded, 26 acres of land with 2,380 feet of water frontage on the south side of the lake. Only minutes from Norway's Main Street for all your dining and shopping needs. The property is in the process of being subdivided into 2 lots and each will have water frontage. Lots will be accessible by shared driveway. An established building sits approx. 1000' from Hutchins Rd. and has electric running along the existing driveway. There is potential to build in more than one location or even build more than one structure for your own lakefront compound. Lake Pennesseewassee (Norway Lake) is 5 miles long and has terrific fishing and boating. This land abuts conservation acreage making it a great spot for birding watching as well as enjoying nearby waling trails. Your private lakeside sanctuary awaits, schedule a showing to view this amazing property today!

Last Agent to Sell the Property

Tara Peirce

Badger Peabody & Smith Realty Listed on: 04/19/2023

Last Buyer's Agent

Michael Quinn

The Lakes Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,137

Lot Details

  • 26.21 Acre Lot
  • 2,380 Feet of Waterfront
  • Lake Front
  • Near Conservation Area
  • Wooded Lot
  • Property is zoned Shoreline

Parking

  • Gravel Driveway

Utilities

  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Water Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 40A
  • Assessor Parcel Number NORY-000001-000000-000040-A000000

Community Details

Overview

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

Recreation

  • Country Club
  • Deeded Waterfront Access Rights
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,137

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 26.21
  • Water Body Name: Penneseewassee Lake
  • MLS Status: Closed
  • Directions: From Main Street in Norway ME, right onto Pleasant Street, Left onto Hutchins Street, See sign on right. Loon Pond. Sign at gated entrance.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 26.21
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Water Info:Waterfront Amount -: 2380.0
  • Water Info:Water Frontage Owned -: 2380.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Location:Near Country Club: Yes
  • Water:Well Needed on Site: Yes
  • Utility Info Electric On Site: Yes
  • Sewer:Septic Needed: Yes
  • Location:Abuts Conservation: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Abuts Conservation, Near Golf Course
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: On Site
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1141707.6
  • Parcel #: NORY-000001-000000-000040-A000000
  • Zoning: Shoreline

Tax Info

  • Tax Annual Amount: 3137.0
  • Tax Book Number: 5637
  • Tax Lot: 40A
  • Tax Map Number: 01
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Corapi-Bolles Linda
Bought by
Firestine Timothy S and Firestine Holly C
Current Estimated Value
$733,186
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 Buyer Sale Price Title Company
Firestine Timothy S $985,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corapi-Bolles Linda $325,000
Previous Owner Corapi Rocco W $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $650,000 -13.3% --
12/05/2023 12/05/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $750,000 -- --
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 $9,229 $517,927 $295,240 $222,687
2023 $7,613 $517,900 $295,200 $222,700
2022 $7,302 $517,900 $295,200 $222,700
2021 $8,022 $459,700 $268,400 $191,300
2020 $7,829 $446,100 $268,400 $177,700
2019 $7,829 $446,100 $268,400 $177,700
2018 $7,673 $446,100 $268,400 $177,700
2017 $7,673 $446,100 $268,400 $177,700
2015 $7,093 $446,100 $268,400 $177,700
2013 $6,525 $443,900 $268,400 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556629

Maine Listings

APN: NORY-000001-000000-000040-000004