$75,000
SOLD JUN 18, 2024

404 Litchfield Rd Farmingdale, ME 04344

3 Acres
$25,000 Price per Acre
130,680 Sq Ft Lot

Recently Sold

12% Below List Price

3 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of January 2025

Tremendous opportunity here! This 3+/- acre parcel of land in Farmingdale has a drilled well and a septic system, both installed in 2003. The heated garage was also built in 2003, and has a new roof as of 2022. Although a portion of the garage has been set up to house pets or livestock, it could easily be converted back for vehicle storage. The mobile home on site is un-inhabitable as is, but could be fixed up or demolished for your new home. With 495 feet of frontage, there could also be a possibility of subdividing.

Last Agent to Sell the Property

Lori Dube

Sprague & Curtis Real Estate Brokerage Email: lori@spragueandcurtis.com Listed on: 05/16/2024

Last Buyer's Agent

Lori Dube

Sprague & Curtis Real Estate Brokerage Email: lori@spragueandcurtis.com Listed on: 05/16/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,233

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Gravel Driveway

Mobile Home

  • Mobile Home Allowed

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number FARE-000007-000000-000006

Property Details

Property Type

Land

Est. Annual Taxes

$1,233

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Attribution Contact: lori@spragueandcurtis.com
  • Property Information:Lot Size Acres -: 3.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Electric:Circuit Breakers: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Town, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: FARE-000007-000000-000006
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1233.0
  • Tax Book Number: 7687
  • Tax Lot: 6
  • Tax Map Number: 7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 3, 2025
Sold by
Mgw Consulting & Dev Llc
Bought by
Crise Fae E and Crise Kevin E
Seller's Agent
Lori Dube
Sprague & Curtis Real Estate
Buyer's Agent
Bill Corrigall
North Point Realty LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Total Days on Market
3
Views
18
Current Estimated Value
$237,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,935
Avg. Annual Appreciation
8.41%
Original Mortgage
$225,834
Outstanding Balance
$225,258
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$12,677

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 18, 2024
Sold by
Small Linda S
Bought by
Mgw Consulting & Dev Llc
Seller's Agent
Lori Dube
Sprague & Curtis Real Estate
Buyer's Agent
Lori Dube
Sprague & Curtis Real Estate
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
667.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $230,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $75,000 None Available
Warranty Deed $75,000 None Available
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,834 FHA
Closed $225,834 FHA
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $230,000 -2.1% $254 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $235,000 +213.3% $259 / Sq Ft
06/18/2024 06/18/24 Sold $75,000 -11.8% --
05/16/2024 05/16/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $85,000 0.0% --
05/13/2024 05/13/24 For Sale $85,000 -- --
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 $1,327 $55,300 $29,600 $25,700
2023 $1,233 $55,300 $29,600 $25,700
2022 $1,134 $55,300 $29,600 $25,700
2021 $962 $55,300 $29,600 $25,700
2020 $968 $55,300 $29,600 $25,700
2019 $948 $55,300 $29,600 $25,700
2018 $901 $55,300 $29,600 $25,700
2017 $888 $55,300 $29,600 $25,700
2016 $849 $55,300 $29,600 $25,700
2015 $788 $55,300 $29,600 $25,700
2014 $774 $55,300 $29,600 $25,700
2013 $730 $55,300 $29,600 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1589337

Maine Listings

APN: FARE-000007-000000-000006