NOT LISTED FOR SALE

478 Island Falls Rd Sherman, ME 04776

Estimated Value: $174,000 - $241,000

3 Beds
1 Bath
1,301 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $185,000 $142 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,234/month

3 Days on Market

Highlights

  • Scenic Views
  • Farmhouse Style Home
  • Butcher Block Countertops
  • Main Floor Bedroom
  • Mud Room
  • No HOA

About This Home

As of December 2022

Welcome to 478 Island Falls Road. A beautifully renovated home located in the heart of Katahdin Region. This home is situated on 3.6 acres, in a quiet location, just a short distance from some of Maine's best ATV/snowmobiling trails. Close proximity to Baxter State Park and Katahdin Woods

This home has a strong Airbnb rental history and comes fully furnished.

Last Agent to Sell the Property

Anna Boucher

Summit Real Estate Brokerage Phone: 207-248-6044 Listed on: 11/03/2022

Last Buyer's Agent

James Spear

True North Realty, Inc.

True North Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1895

Lot Details

  • 3.6 Acre Lot
  • Rural Setting
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • Mud Room
  • Living Room
  • Vinyl Flooring
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Microwave
  • Butcher Block Countertops
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number SHEN-000009-000000-000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.6
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: I95 North exit 264 - Off exit take a right towards Sherman - From Woodbridge Corner Road take a left onto Island Falls Road. Home is 2.3 miles down on the left.
  • Above Grade Finished Sq Ft: 1301.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1895
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1301.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Foundation Materials:Granite2: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Interior, Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open, Rural
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 156816.0
  • Parcel #: SHEN-000009-000000-000013
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 2195.0
  • Tax Book Number: 6262
  • Tax Lot: 13
  • Tax Map Number: 9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 1, 2022
Sold by
Double Egale Prop Llc
Bought by
Klescewski Drew and Klescewski Raymond
Seller's Agent
Anna Boucher
Summit Real Estate
Buyer's Agent
James Spear
True North Realty, Inc.
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Current Estimated Value
$213,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,814
Avg. Annual Appreciation
5.15%
Original Mortgage
$150,590
Outstanding Balance
$146,071
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$67,743

Purchase Details

Closed on
Dec 2, 2021
Sold by
Daigle Angel H and Daigle Gregory S
Bought by
Double Eagle Prop Llc

Purchase Details

Closed on
Oct 9, 2020
Sold by
Jackins Ashley G and Jackins Sherri A
Bought by
Daigle Angel H and Daigle Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,555
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2018
Sold by
Strait Angeline E and Jackins Ashley G
Bought by
Long Timothy P and Long Trudy D

Purchase Details

Closed on
Oct 1, 2018
Sold by
Strait Angeline E and Jackins Sherri A
Bought by
Gould Sandra J
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
Klescewski Drew $185,000 None Available
Double Eagle Prop Llc -- None Available
Daigle Angel H -- None Available
Long Timothy P -- --
Gould Sandra J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klescewski Drew $150,590
Previous Owner Daigle Angel H $55,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $185,000 -7.5% $142 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $200,000 -- $154 / 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 $1,193 $49,900 $6,000 $43,900
2023 $898 $49,900 $6,000 $43,900
2022 $1,098 $49,900 $6,000 $43,900
2021 $1,153 $49,900 $6,000 $43,900
2020 $1,248 $49,900 $6,000 $43,900
2019 $1,322 $49,900 $6,000 $43,900
2018 $1,297 $49,900 $6,000 $43,900
2017 $1,198 $49,900 $6,000 $43,900
2016 $1,098 $49,900 $6,000 $43,900
2015 $998 $49,900 $6,000 $43,900
2014 $998 $49,900 $6,000 $43,900
Source: Public Records

Agents Affiliated with this Home

  • Anna Boucher

    Seller's Agent in 2022

    Anna Boucher

    Summit Real Estate

    (207) 248-6044

    136 Total Sales

    Anna Boucher
    Section Image
  • James Spear

    Buyer's Agent in 2022

    James Spear

    True North Realty, Inc.

    (207) 370-0559

    175 Total Sales

    James Spear
    Section Image
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Map

Source: Maine Listings

MLS Number: 1547412

Maine Listings

APN: SHEN-000009-000000-000013

Maine Aroostook County Sherman 04776

478 Island Falls Rd, Sherman, ME

This home is located at 478 Island Falls Rd, Sherman, ME 04776 since 03 November 2022 and is currently estimated at $213,814, approximately $164 per square foot. This property was built in 1895. 478 Island Falls Rd is a home located in Aroostook County.

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