NOT LISTED FOR SALE

487 Penobscot Ave Millinocket, ME 04462

Estimated Value: $148,000 - $177,000

3 Beds
2 Baths
1,509 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2023

Last sale price $142,000 $94 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,069 / mo

31 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Mud Room
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of September 2023

Spacious colonial home with 3 bedrooms, 2 bathrooms, and a large back yard on a quarter acre lot. Property is being sold with both lots 18 & 18A (see documents) making this a waterfront property on Millinocket Stream. 0.5 miles from downtown, 0.2 miles from Stearns Jr./Sr. High School, 22 miles from Baxter State Park. Several ATV/snowmobile trails close-by. This home also has an unfinished third floor that opens up lots of potential for additional bedrooms and a bathroom.

Last Agent to Sell the Property

Kayli Morrow

NextHome Experience Listed on: 07/27/2023

Last Buyer's Agent

Kayli Morrow

NextHome Experience

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1940

Lot Details

  • 10,890 Sq Ft Lot
  • Home fronts a stream
  • 50 Feet of Waterfront
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,509 Sq Ft Home
  • Mud Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 050
  • Assessor Parcel Number MLNK-000003-000000-000050U

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,643

Year Built

Built in 1940

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: Millinocket Stream
  • MLS Status: Closed
  • Directions: Take exit 244, head toward Millinocket on State Route 157. Once at downtown lights take right onto Penobscot Avenue half a mile, house is on the right at the intersection of Penobscot and Aroostook Avenue.
  • Above Grade Finished Sq Ft: 1509.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 99.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1509.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: 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:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 49.6
  • Water Info:Water Frontage Owned -: 49.6
  • Site:RollingSloping: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Spacious colonial home with 3 bedrooms, 2 bathrooms, and a large back yard on a quarter acre lot. Property is being sold with both lots 18 & 18A (see documents) making this a waterfront property on Millinocket Stream. 0.5 miles from downtown, 0.2 miles from Stearns Jr./Sr. High School, 22 miles from Baxter State Park. Several ATV/snowmobile trails close-by. This home also has an unfinished third floor that opens up lots of potential for additional bedrooms and a bathroom.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Neighborhood
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: MLNK-000003-000000-000050U
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1643.0
  • Tax Lot: 050
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 29, 2023
Sold by
Bought by
Seller's Agent
Kayli Morrow
NextHome Experience
Buyer's Agent
Kayli Morrow
NextHome Experience
List Price
$174,900
Sold Price
$142,000
Premium/Discount to List
-$32,900
-18.81%
Current Estimated Value
$163,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,300
Avg. Annual Appreciation
5.25%
Original Mortgage
$143,434
Outstanding Balance
$139,928
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$23,372

Purchase Details

Closed on
Jan 6, 2023
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$142,000 None Available
-- None Available
-- None Available
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $143,434
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $142,000 -18.8% $94 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $174,900 -- $116 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,263 $98,400 $12,200 $86,200
2024 $2,222 $80,500 $6,200 $74,300
2023 $1,763 $62,500 $3,100 $59,400
2022 $1,643 $55,700 $3,100 $52,600
2021 $1,654 $50,900 $3,100 $47,800
2020 $1,639 $48,200 $3,100 $45,100
2019 $1,591 $48,200 $3,100 $45,100
2018 $1,567 $48,200 $3,100 $45,100
2017 $1,557 $48,200 $3,100 $45,100
2016 $1,509 $48,200 $3,100 $45,100
2015 $1,430 $48,200 $3,100 $45,100
2014 $1,427 $48,200 $3,100 $45,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kayli Morrow

    NextHome Experience

  • K

    Buyer's Agent in 2023

    Kayli Peterson

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1558250

Maine Listings

APN: MLNK-000003-000000-000050U

Maine Penobscot County Millinocket 04462

487 Penobscot Ave, Millinocket, ME

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