NOT LISTED FOR SALE

40 Magnolia Hill Rd Bangor, ME 04401

Capehart Neighborhood

Estimated Value: $437,000 - $530,000

4 Beds
2.5 Baths
2,016 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $412,000 $204 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,183/month

3 Days on Market

Highlights

  • 1.5 Acre Lot
  • Deck
  • 2 Car Direct Access Garage
  • Colonial Architecture
  • Main Floor Bedroom
  • Cul-De-Sac

About This Home

As of August 2022

Immaculate colonial style NEW BUILD situated on 1.5 acres and a cul-de-sac street on the outskirts of Bangor, an ideal location! Built in 2021 with 4 bedrooms OR 3 bedrooms, 1 office and 2.5 bathrooms. The kitchen opens to a spacious dining area, grand living room and features a large center island, granite countertops, stainless steel appliances, large panty, and separate storage closet under the stairs. Direct access from the 2-car attached garage to a convenient mudroom area with closet and half bath makes for the perfect every-day entry. Master suite with a large walk-in closet and full bathroom, 2nd floor laundry, guest bathroom, linen closet, and two additional bedrooms achieve an ideal second floor. The Jotul propane stove, optional 1st floor bedroom, sweet farmers porch, and open yard perfectly complete this move-in ready home!

Last Agent to Sell the Property

Lewis Morrison Nicole Drake

NextHome Experience Listed on: 06/17/2022

NextHome Experience

Co-Listed By

Lewis Morrison

NextHome Experience

Last Buyer's Agent

Kimberly McPheters

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 2021

Lot Details

  • 1.5 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned RR&A

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • Magnolia Hill Hoa Subdivision

Listing and Financial Details

  • Tax Lot 2G
  • Assessor Parcel Number BANG-000014R-000000-000002-G000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 2021

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Subdivision Name: Magnolia Hill HOA
  • Directions: From Union St. turn right onto Davis Rd., then turn right onto Magnolia Hill Road. House will be on the left.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 197.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.5
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 540.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: 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
  • Site:Cul-De-Sac: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Immaculate colonial style NEW BUILD situated on 1.5 acres and a cul-de-sac street on the outskirts of Bangor, an ideal location! Built in 2021 with 4 bedrooms OR 3 bedrooms, 1 office and 2.5 bathrooms. The kitchen opens to a spacious dining area, grand living room and features a large center island, granite countertops, stainless steel appliances, large panty, and separate storage closet under the stairs. Direct access from the 2-car attached garage to a convenient mudroom area with closet and half bath makes for the perfect every-day entry. Master suite with a large walk-in closet and full bathroom, 2nd floor laundry, guest bathroom, linen closet, and two additional bedrooms achieve an ideal second floor. The Jotul propane stove, optional 1st floor bedroom, sweet farmers porch, and open yard perfectly complete this move-in ready home!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Open Lot, Near Town, Neighborhood, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 540.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: BANG-000014R-000000-000002-G000000
  • Zoning: RR&A

Tax Info

  • Tax Annual Amount: 805.0
  • Tax Lot: 2G
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jun 6, 2022
Sold by
Mclaughlin Arnold L
Bought by
Martin Abigail Y and Mccloskey Joseph
Seller's Agent
Lewis Morrison Nicole Drake
NextHome Experience
Buyer's Agent
Kimberly McPheters
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$399,000
Sold Price
$412,000
Premium/Discount to List
$13,000
3.26%
Current Estimated Value
$484,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,008
Avg. Annual Appreciation
4.93%
Original Mortgage
$364,500
Outstanding Balance
$346,305
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,703
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Abigail Y $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Abigail Y $364,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2022 08/02/22 Sold $412,000 +3.3% $204 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $399,000 -1.5% $198 / Sq Ft
06/06/2022 06/06/22 Sold $405,000 +1.3% $201 / Sq Ft View Prior Sale
05/08/2022 05/08/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $399,900 -- $198 / 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 $7,103 $382,900 $51,300 $331,600
2023 $6,249 $326,300 $48,400 $277,900
2022 $5,841 $286,300 $48,400 $237,900
2021 $805 $36,100 $36,100 $0
2020 $796 $34,300 $34,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1532776

Maine Listings

APN: R14-002-G