NOT LISTED FOR SALE

492 Ridge Rd Monmouth, ME 04259

Estimated Value: $558,000 - $979,438

-- Bed
2 Baths
7,083 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $260,000 $37 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,805/month

230 Days on Market

Highlights

  • Home fronts a pond
  • 140 Acre Lot
  • Deck
  • Scenic Views
  • Colonial Architecture
  • Wooded Lot

About This Home

As of October 2019

Unique property! - Own your own family compound! 140 acres of mixed land. Some acreage was an apple orchard, some woods and frontage on Frost Pond. 1890's 5 bedroom Colonial with 3.5 baths, 2 fireplaces. Sunroom and deck at rear overlooking the fields and great sunsets. Above the attached 4 car garage are 2 apartments.

Last Agent to Sell the Property

Merrie Hanson

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 08/13/2019

Last Buyer's Agent

Merrie Hanson

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 08/13/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 140 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Open Lot
  • Wooded Lot

Parking

  • 4 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 7,083 Sq Ft Home
  • Scenic Vista Views

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Outbuilding
  • Enclosed Glass Porch

Farming

  • Pasture

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Water Heated On Demand
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number MONM-000002-000000-000003

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 140.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Sabattus Exit 80, get onto Rte. 126, head E, take Ridge Road on left in Wales, changes to Monmouth. Property is on the left.
  • Above Grade Finished Sq Ft: 7083.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1890
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 140.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 7083.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Heat System:Radiator: Yes
  • Exterior:Aluminum Siding: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Other
  • Interior Amenities: Bathtub, Other, Storage

Exterior Features

  • Lot Features: Open Lot, Wooded, Pasture, Near Turnpike/Interstate, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Stone, Other
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Other Heat System, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Unknown
  • Utilities: Utilities On
  • Water Source: Private, Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 02

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098400.0
  • Parcel #: MONM-000002-000000-000003
  • Zoning: multi houses

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 17300.0
  • Tax Book Number: 11677 prev
  • Tax Lot: 3
  • Tax Map Number: 2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Lamping Jean M
Bought by
Helmer Elizabeth K
Current Estimated Value
$694,163

Purchase Details

Closed on
May 12, 2022
Sold by
Brown Charmaine A
Bought by
Brown Caleb H and Helmer Elizabeth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2018
Sold by
Williams Donald J
Bought by
Bank Of America Na

Purchase Details

Closed on
May 2, 2014
Sold by
Williams Donald J
Bought by
Donald J Williams Ret and Williams

Purchase Details

Closed on
Aug 7, 2007
Sold by
Lamoreau John G and Lamoreau Diane H
Bought by
Lamoreau Christine L and Russell Lewis 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
Helmer Elizabeth K -- None Available
Brown Caleb H $360,000 None Available
Bank Of America Na -- --
Donald J Williams Ret -- --
Lamoreau Christine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Caleb H $360,000
Previous Owner Williams Donald J $700,000
Previous Owner Williams Donald J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $260,000 -48.6% $37 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $506,000 -- $71 / 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 $11,646 $569,500 $211,800 $357,700
2023 $10,308 $569,500 $211,800 $357,700
2022 $9,654 $495,100 $184,200 $310,900
2021 $9,308 $495,100 $184,200 $310,900
2020 $8,986 $495,100 $184,200 $310,900
2018 $17,287 $985,000 $185,300 $799,700
2017 $17,287 $985,000 $185,300 $799,700
2016 $15,219 $919,600 $148,400 $771,200
2015 $14,346 $919,600 $148,400 $771,200
2013 $13,380 $919,600 $148,400 $771,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1403553

Maine Listings

APN: MONM-000002-000000-000003