NOT LISTED FOR SALE

43 Main St Limerick, ME 04048

Estimated Value: $353,000 - $419,000

8 Beds
7 Baths
5,574 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $270,000 $48 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,408/month

31 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Loft
  • Federal Architecture
  • Main Floor Bedroom
  • 9 Fireplaces

About This Home

As of July 2022

Welcome to this majestic and historic 1793 Mansion situated in the quaint storybook village of Limerick, featuring landscape murals throughout the property's interior in the style of renowned folk artist, Rufus Porter. This home is a historical treasure that was originally designed and built by General McDonald boasting 9 fireplaces, 8 bedrooms, and 6 bathrooms. Years later, the General's son, Moses, commissioned the massive murals to depict Casco Bay, the village of Limerick with its breathtaking hillsides and expansive views, and the family tree weaving up the front staircase. Moses went on to hold elected Maine office in the House of Representatives, Senate, and Speaker of the House.
The home's foundation was built of granite stones hauled by horses from Augusta. Locally hewn posts and beams support the barn and the main structure with enormous brick arches in the basement. Beautifully maintained antique windows reveal the original seeds and waves from authentically blown glass of the late 1700's. Murals on the 3rd floor transform the Grand Ballroom into a Magical Hall ensconced in sepia landscape that encircles the glorious compass rose painted into the floor, undoubtedly the host of a multitude of weddings, meetings, and countless gatherings over the last 229 years!
This Village landmark is zoned for business, single residential, or multi residential use and has seen many transformations throughout the centuries. Its business endeavors hosted The Pineapple Inn, the Shade of the Elms antique shop, and more recently The Custom House Antiques. The current owner had grand plans for an Early American Pub House in addition to the set of a movie featuring the restoration needed at this spectacular diamond in the rough it is today.
43 Main Street seeks many updates and restoration. Bring your carpenters, vision, and creativity for your dream home or business. Come fall in love with this astounding gem located in the heart of Limerick Maine.

Last Agent to Sell the Property

Heather Linkin

Keller Williams Realty Listed on: 05/19/2022

Keller Williams Realty

Last Buyer's Agent

Heather Linkin

Keller Williams Realty Listed on: 05/19/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1793

Lot Details

  • 0.47 Acre Lot
  • Corner Lot
  • Property is zoned Res/Bus

Parking

  • Gravel Driveway

Home Design

  • Federal Architecture
  • Post and Beam
  • Stone Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 5,574 Sq Ft Home
  • Multi-Level Property
  • 9 Fireplaces
  • Great Room
  • Living Room
  • Dining Room
  • Library
  • Loft
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior and Exterior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • City Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 43MainStreetLimerick04048

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,324

Year Built

Built in 1793

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Follow Route 5 into the Village of Limerick. Turn onto Elm St/Route 11. Park in driveway in front of barn.
  • Above Grade Finished Sq Ft: 5574.0
  • Architectural Style: Federal, Multi-Level
  • Garage Yn: No
  • Year Built: 1793
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5574.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Great Room:Great Room: Yes
  • Construction:Post Beam: Yes
  • Parking Other Parking: Yes
  • Style:Federal: Yes
  • Library:Library: Yes
  • Foundation Materials:Granite2: Yes
  • Loft:Loft: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 9
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Brick/Mortar, Bulkhead, Dirt Floor, Full, Other, Exterior Entry, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplaces: 9
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Third
  • Bedroom 7:Bedroom 7 Level: Third
  • Bedroom 8:Bedroom 8 Level: Third

Exterior Features

  • Lot Features: Corner Lot, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Post & Beam
  • Foundation Details: Stone, Granite
  • Other Structures: Barn
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: 43MainStreetLimerick04048
  • Zoning: Res/Bus

Tax Info

  • Tax Annual Amount: 2324.28
  • Tax Book Number: 16646
  • Tax Lot: 71
  • Tax Map Number: 22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 12, 2022
Sold by
Berkeley Alexander H
Bought by
Angelopoulos John and Angelopoulos Jane
Seller's Agent
Heather Linkin
Keller Williams Realty
Buyer's Agent
Heather Linkin
Keller Williams Realty
List Price
$450,000
Sold Price
$270,000
Premium/Discount to List
-$180,000
-40%
Current Estimated Value
$389,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,166
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Dec 8, 2016
Sold by
Labbe Heather B and Smith Jackson C
Bought by
Rednax Inc

Purchase Details

Closed on
Jul 15, 2013
Sold by
New England Lab Rescue
Bought by
Labbe Heather B and Smith Jackson C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Angelopoulos John $270,000 None Available
Berkeley Alexander H -- None Available
Rednax Inc -- --
Labbe Heather B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labbe Heather B $82,000
Previous Owner New England Lab Rescue $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $270,000 -40.0% $48 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $450,000 +301.8% $81 / Sq Ft
04/27/2012 04/27/12 Sold $112,000 -66.0% $25 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
03/08/2010 03/08/10 For Sale $329,000 -- $74 / 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 $3,110 $327,414 $78,326 $249,088
2023 $2,355 $154,937 $38,748 $116,189
2022 $2,485 $175,022 $38,748 $136,274
2021 $2,324 $140,017 $30,998 $109,019
2020 $2,296 $140,017 $30,998 $109,019
2019 $2,205 $140,017 $30,998 $109,019
2018 $2,261 $140,017 $30,998 $109,019
2017 $2,205 $140,017 $30,998 $109,019
2016 $2,107 $140,017 $30,998 $109,019
2015 $2,044 $140,017 $30,998 $109,019
2014 $1,981 $140,017 $30,998 $109,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1528329

Maine Listings

APN: LIME-000022-000000-000071