NOT LISTED FOR SALE

470 N Palermo Rd Freedom, ME 04941

Estimated Value: $235,000 - $377,979

2 Beds
2 Baths
1,300 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $159,000 $122 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,124/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Main Floor Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of July 2020

Charming home that sits off the road... Quality features that consist of hardwood floors, spiral staircase to the upstairs and cathedral ceilings...Great basement that has rooms separated for your use. Very well insulated. Grounds galore to enjoy the chickens and gardens. Patio area outside to enjoy the breeze. Two car garage with a lean too to keep your lawn mower under.. This is a gem and a must see...

Last Agent to Sell the Property

Michelle Ridley

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/22/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Linda Gardiner

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1983

Lot Details

  • 5.1 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned 2-2

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Woods
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Electric Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number FREM-000005-000000-000002-000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,325

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS..From Freedom, Depart ME-137 / Belfast Rd toward Carey Ln, Turn left onto N Palermo Rd for 2.2 Mile
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1300.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Foundation Materials:Granite2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Slab
  • Patio And Porch Features: Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Multi-Zones, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Unknown, Septic Existing on Site
  • Water Source: Private, Unknown, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 222156.0
  • Parcel #: FREM-000005-000000-000002-000002
  • Zoning: 2-2

Tax Info

  • Tax Annual Amount: 3325.0
  • Tax Book Number: 4160
  • Tax Lot: 5
  • Tax Map Number: 26420
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 26, 2017
Sold by
Us Bank Na Tr
Bought by
Joutov Alex
Seller's Agent
Edna Delano
Realty of Maine
Buyer's Agent
Douglas Erickson
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%
Current Estimated Value
$332,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,613
Avg. Annual Appreciation
26.02%

Purchase Details

Closed on
Sep 2, 2016
Sold by
Kekac Catherine A
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Feb 14, 2006
Sold by
Kekae Catherine A
Bought by
Kekae Catherine A and Staren Yvonne C
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
Joutov Alex -- --
Us Bank Na Tr -- --
Kekae Catherine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Dixie D $158,365
Closed Barone Dixie D $159,000
Closed Joutov Alex N $29,500
Closed Jouyov Alex N $91,300
Previous Owner Kekac Catherine A $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $159,000 0.0% $122 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $159,000 +245.7% $122 / Sq Ft
04/25/2017 04/25/17 Sold $46,000 -8.0% $35 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $50,000 -- $38 / 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 $3,747 $251,484 $45,154 $206,330
2023 $4,061 $198,117 $35,554 $162,563
2022 $3,705 $190,970 $28,407 $162,563
2021 $3,357 $176,659 $28,407 $148,252
2019 $3,325 $151,116 $25,480 $125,636
2018 $2,273 $114,244 $25,480 $88,764
2017 $2,125 $114,244 $25,480 $88,764
2016 $2,079 $114,244 $25,480 $88,764
2015 $2,096 $114,244 $25,480 $88,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1453278

Maine Listings

APN: FREM-000005-000000-000002-000002