E
Seller's Agent in 2019
Emily Fontaine
Coldwell Banker Realty
(207) 944-4263
77 Total Sales
40 Main St Limerick, ME 04048
Estimated Value: $561,000 - $1,074,000
15
Beds
15
Baths
3,770
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Loft
- Greek Revival Architecture
- Main Floor Bedroom
- 9 Fireplaces
About This Home
As of October 2019Stately 1859 Greek Revival fully operating B & B built by Jeremiah Mason, a prominent 19th century banker and Maine legislator. This remarkable Inn has 10 guest rooms with private bathrooms in the Main house, and 3 apartments in the carriage house capable of generating +/- $1800 monthly. Nestled within south western Maine's hills and lakes, loaded with charm including floor-to-ceiling windows, chandeliers, decorative fireplaces, wood floors and tin ceilings, this property has many possibilities. New systems include 2 new furnaces that service the main house (2017 & 2018), and a new 78-gallon hot water heater (2018). Walking distance to town amenities, less than 1-hour drive to ski areas, beaches, state parks, Portland and North Conway, NH. See also MLS 1354313, 1354372
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 06/06/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,924
Year Built
- Built in 1859
Lot Details
- 1.2 Acre Lot
- Level Lot
- Suitable for Bed and Breakfast
Home Design
- Greek Revival Architecture
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Slate Roof
- Metal Roof
- Clap Board Siding
- Clapboard
- Masonry
Interior Spaces
- 9 Fireplaces
- Family Room
- Living Room
- Dining Room
- Den
- Loft
Kitchen
- Electric Range
- Stove
- Butcher Block Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 15 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- In-Law or Guest Suite
- Bathtub
Laundry
- Laundry Room
- Laundry on main level
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Accessible Home Design
- Doors are 32 inches wide or more
- Accessible Approach with Ramp
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- Air Conditioning
- Multiple cooling system units
- Forced Air Zoned Heating System
- Heating System Uses Kerosene
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Uses Wood
- Heating System Mounted To A Wall or Window
- Generator Hookup
- Power Generator
- Well
- Water Heated On Demand
- Oil Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 69
- Assessor Parcel Number LIME-000022-000000-000069
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2018
Closed on
Oct 3, 2019
Sold by
Osborne Thomas M and Osborne Kyle C
Bought by
Kessler Valerie L
Seller's Agent
Emily Fontaine
Coldwell Banker Realty
Buyer's Agent
Josephine Power
Coldwell Banker Realty
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,364
Avg. Annual Appreciation
11.50%
Original Mortgage
$300,000
Outstanding Balance
$261,652
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$482,712
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kessler Valerie L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kessler Valerie L | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2019 10/03/19 | Sold | $375,000 | -21.1% | $99 / Sq Ft |
| 08/12/2019 08/12/19 | Pending | -- | -- | -- |
| 06/06/2018 06/06/18 | For Sale | $475,000 | -- | $126 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,418 | $675,536 | $103,040 | $572,496 |
| 2024 | $6,418 | $675,536 | $103,040 | $572,496 |
| 2023 | $6,506 | $427,995 | $53,500 | $374,495 |
| 2022 | $6,078 | $427,995 | $53,500 | $374,495 |
| 2021 | $5,684 | $342,396 | $42,800 | $299,596 |
| 2020 | $5,615 | $342,396 | $42,800 | $299,596 |
| 2019 | $5,768 | $366,229 | $42,800 | $323,429 |
| 2018 | $4,024 | $249,173 | $42,800 | $206,373 |
| 2017 | $3,924 | $249,173 | $42,800 | $206,373 |
| 2016 | $3,750 | $249,173 | $42,800 | $206,373 |
| 2015 | $3,638 | $249,173 | $42,800 | $206,373 |
| 2014 | $3,526 | $249,173 | $42,800 | $206,373 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Fontaine
-
Josephine Power
Buyer's Agent in 2019
Josephine Power
Coldwell Banker Realty
(207) 205-4399
17 Total Sales
Map
Source: Maine Listings
MLS Number: 1354376
APN: LIME-000022-000000-000069
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