NOT LISTED FOR SALE

487 Pigeon Hill Rd Mechanic Falls, ME 04256

Estimated Value: $330,000 - $405,674

6.5 Acres
$57,834 Price per Acre
283,140 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $20,000

Est. 1,780% increase in value since last sale

Current estimated payment $2,330/month

59 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Level Lot
  • 6.5 Acre Lot
  • No HOA

About This Lot

As of January 2021

Spacious lot for your new home on 6.5+/- acres that offers 250+/- feet of frontage and its just over 1 mile from Oxford Casino. Prime visibility with over 10,000 cars per day... DOT approval already in place with a solid access road all established...to the right side of the lot and current location of the sign. See map in attachments

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 11/19/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 11/19/2020

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Property Type

  • Land

Lot Details

  • 6.5 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Highway Commercial

Parking

  • Gravel Driveway

Property Views

  • Views of Woods

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number MECH-000006-000000-000009

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 6.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading North on Rt 26 pass the intersection of Rt 11, see Austin Rd on the left and the Land is on the right side just past Austin Rd. See sign From the Oxford Casino head south just over a mile on the left side.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.5
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Rolling Slope, Wooded, Near Shopping, Rural
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, Other, None

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 283140.0
  • Parcel #: MECH-000006-000000-000009
  • Zoning: Highway Commercial

Tax Info

  • Tax Annual Amount: 2731.0
  • Tax Book Number: 1808
  • Tax Lot: 9
  • Tax Map Number: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Parsons Lendall H Est and Howard
Bought by
Lane Road Investments Llc
Total Days on Market
59
Current Estimated Value
$375,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$260,610
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,674

Purchase Details

Closed on
Aug 20, 2009
Sold by
Parsons Lendall H
Bought by
Parent Richard H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lane Road Investments Llc $360,000 None Available
Parent Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Road Investments Llc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $20,000 -42.9% --
01/04/2021 01/04/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $35,000 -- --
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 $3,565 $231,494 $129,540 $101,954
2023 $3,241 $231,494 $129,540 $101,954
2022 $2,792 $125,494 $63,826 $61,668
2021 $2,711 $125,494 $63,826 $61,668
2020 $6 $130,369 $68,701 $61,668
2019 $2,731 $130,369 $68,701 $61,668
2018 $1,276 $130,369 $68,701 $61,668
2017 $2,868 $130,369 $68,701 $61,668
2016 $2,669 $130,369 $68,701 $61,668
2015 $2,790 $130,369 $68,701 $61,668
2014 $2,764 $130,369 $68,701 $61,668
Source: Public Records

Agents Affiliated with this Home

  • Renee Roy

    Seller's Agent in 2021

    Renee Roy

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 212-3134

    6 in this area

    207 Total Sales

    Renee Roy
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Map

Source: Maine Listings

MLS Number: 1475218

Maine Listings

APN: MECH-000006-000000-000009

Maine Androscoggin County Mechanic Falls 04256

487 Pigeon Hill Rd, Mechanic Falls, ME

This home is located at 487 Pigeon Hill Rd, Mechanic Falls, ME 04256 since 19 November 2020 and is currently estimated at $375,919. 487 Pigeon Hill Rd is a home located in Androscoggin County with nearby schools including Elm Street School - Mechanic Falls.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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