NOT LISTED FOR SALE

431 Leeman Arm Rd Palermo, ME 04354

Estimated Value: $312,834 - $317,000

2 Beds
1 Bath
480 Sq Ft
$656/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $160,000 $333 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,834/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Eat-In Kitchen
  • 100 Feet of Waterfront
  • No HOA
  • Interior Lot

About This Home

As of October 2014

Sheepscot Lake- Lots of family fun to be had. Lovely 2BR Cottage, wonderful Westerly lake views, excellent frontage, fairly flat lot with gentle water access, boat house at water's edge, large back lot. Open interior, well maintained, year round access.

Last Agent to Sell the Property

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 08/04/2014

Last Buyer's Agent

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 08/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Seasonal Access to Property
  • Interior Lot
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 480 Sq Ft Home
  • Living Room
  • Water Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Seasonal Water
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 431Leeman Arm RoadPalermoD-477

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,779

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Surface Type: Gravel
  • Water Body Name: Sheepscot
  • MLS Status: Closed
  • Directions: East Augusta- Route 3 to Palermo. RIGHT on Leeman Arm Road- 0.8 miles to Cottage on RIGHT.
  • Above Grade Finished Sq Ft: 480.0
  • Architectural Style: Ranch
  • Year Built: 1960
  • Attribution Contact: bill@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 480.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Transportation:Deep Water Access: Yes
  • Water:Seasonal4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Interior Lot, Neighborhood, Suburban
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Seasonal

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 431Leeman Arm RoadPalermoD-477
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1779.0
  • Tax Book Number: 1629
  • Tax Lot: 77
  • Tax Map Number: D-4
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 4, 2014
Sold by
Richardson Kay E and Richardson Barry E
Bought by
Prosser Rodney and Prosser Barbara
Seller's Agent
William Sprague Jr
Sprague & Curtis Real Estate
Buyer's Agent
William Sprague Jr
Sprague & Curtis Real Estate
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$314,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,917

Purchase Details

Closed on
Oct 16, 2008
Sold by
Gregory Charlie C
Bought by
Richardson Kay E
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
Prosser Rodney -- --
Richardson Kay E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $160,000 -3.0% $333 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $165,000 -- $344 / 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 $2,049 $178,200 $112,200 $66,000
2023 $1,960 $178,200 $112,200 $66,000
2022 $1,853 $178,200 $112,200 $66,000
2021 $2,172 $157,400 $112,200 $45,200
2020 $2,125 $157,400 $112,200 $45,200
2019 $2,093 $157,400 $112,200 $45,200
2018 $1,999 $157,400 $112,200 $45,200
2017 $2,109 $157,400 $112,200 $45,200
2016 $2,078 $157,400 $112,200 $45,200
2015 $2,093 $157,400 $112,200 $45,200
2013 $2,118 $184,200 $112,200 $72,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    William Sprague Jr

    Sprague & Curtis Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1148670

Maine Listings

APN: PALE-000004-000000-000077-D000000

Maine Waldo County Palermo 04354

431 Leeman Arm Rd, Palermo, ME

This home is located at 431 Leeman Arm Rd, Palermo, ME 04354 since 04 August 2014 and is currently estimated at $314,917, approximately $656 per square foot. This property was built in 1960. 431 Leeman Arm Rd is a home located in Waldo County.

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