$328,055
SOLD SEP 28, 2018

495 Main Rd Eddington, ME 04428

-- Bed
17 Baths
6,800 Sq Ft
34 Acres

Recently Sold

$48 Per Sq Ft

12% Below List Price

62 Days on Market

Highlights

  • Additional Residence on Property
  • Home fronts a pond
  • 34 Acre Lot
  • 200 Feet of Waterfront
  • Scenic Views
  • River Nearby

About This Home

As of March 2019

Gateway to Acadia! High visibility property on busy Route 1A in HOLDEN. Lots of potential in this former golf course and now closed but iconic Woodland Terrace motel property. There's 30+ acres of gorgeous land for your business or development dreams. Office and attached 1 bedrooms owners unit, plus 14 motel rooms and efficiency units. Separate duplex building, cottage and storage garage. Buildings in need of repair but value of this property is in the land and ample road frontage. Bring your ideas for this one-of-a-kind property! Property sold "as-is". Abutting property on Church Rd is also offered for sale.

Last Agent to Sell the Property

Tara Roy

Realty of Maine Listed on: 06/13/2018

Last Buyer's Agent

Jay Peavey

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1950

Lot Details

  • 34 Acre Lot
  • Home fronts a pond
  • 200 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Duplex
  • Cottage
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 17 Full Bathrooms
  • 6,800 Sq Ft Home
  • 1 Fireplace

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Additional Features

  • River Nearby
  • Additional Residence on Property
  • Property is near a golf course
  • Pasture

Community Details

  • No Home Owners Association
  • 18 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 34.0
  • Road Surface Type: Paved
  • Water Body Name: Pond
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6800.0
  • Architectural Style: Duplex, Cottage, Other Style
  • Garage Yn: Yes
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 34.0
  • Property Information:Total Baths: 17.0
  • Property Information:SqFt Finished Above Grade: 6800.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Property Information:Number of Units: 18
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Duplex: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Heat System:Space Heater: Yes
  • Electric:Fuses: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Crawl Space, Walk-Out Access, Not Applicable
  • Full Bathrooms: 17
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Pasture, Near Golf Course, Rural
  • View: Trees/Woods, Scenic, Fields
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Block, Pillar/Post/Pier
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 21+ Spaces, Gravel, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1481040.0
  • Parcel #: 388
  • Zoning: Ltd Commercial

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 2860.0
  • Tax Book Number: 14511
  • Tax Lot: 18
  • Tax Map Number: 20
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $45,000 Stand Alone Refi Refinance Of Original Loan
Closed $44,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $51,000 -32.0% $53 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $75,000 -77.1% $78 / Sq Ft
09/28/2018 09/28/18 Sold $328,055 -11.6% $48 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $371,000 -- $55 / 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 $1,522 $77,073 $31,500 $45,573
2023 $1,337 $77,073 $31,500 $45,573
2022 $1,260 $77,073 $31,500 $45,573
2021 $1,265 $72,930 $31,500 $41,430
2020 $1,291 $72,930 $31,500 $41,430
2019 $1,218 $72,930 $31,500 $41,430
2018 $3,034 $72,930 $31,500 $41,430
2017 $2,933 $72,930 $31,500 $41,430
2016 $1,098 $72,930 $31,500 $41,430
2015 $1,041 $72,930 $31,500 $41,430
2014 $1,041 $72,930 $31,500 $41,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1355724

Maine Listings

APN: EDDI-000021-000000-000024