NOT LISTED FOR SALE

5 Grindstone Rd Grindstone, ME 04460

Estimated Value: $63,337

1.46 Acres
$43,382 Price per Acre
63,598 Sq Ft Lot

Last Sold May 24, 2023

Last sale price $55,000

Est. 15% increase in value since last sale

Current estimated payment $409/month

2 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Corner Lot
  • Public Beach
  • Wooded Lot
  • No HOA

About This Lot

As of May 2023

Do not miss out on a very rare chance to own land to develop a business on in Medway located on the corner of two busy Routs, Rt. 157 and Rt 11. This
property has seen different businesses over the years and is now vacant. There is power at the pole and a drilled well. There is also a gravel pad where a green house recently stood. Medway is known as ''The Gateway to Baxter State Park'' and sees a lot of traffic coming through the area and this lot is only half a mile off exit 244. Bangor is only 45 minutes away and the Canadian boarder is north an hour. If you considered relocating a business to the Katahdin region and wanted quick access to the interstate come take a look. A bonus to the property, the recreational trails run right next to this land and the local boat landing is right down the road.

Last Listed By

Lena Fiske

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 04/18/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $657

Year Built

  • 1971

Lot Details

  • 1.46 Acre Lot
  • Public Beach
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Commercial

Parking

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

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Sewer Not Available

Additional Features

  • Scenic Vista Views
  • City Lot
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 826

Community Details

Overview

  • No Home Owners Association

Recreation

  • Nearby Water Access
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$657

Year Built

1971

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ex. 244 half mile heading west on Rt 157 Medway Road. Property is on the right on the corner of Rt 157 and Rt 11 Grindstone Road.
  • Attribution Contact: 207-794-6164
  • Property Information:Lot Size Acres -: 1.46
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Parking:Off Street: Yes
  • Driveway:Paved2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Sewer:None4: Yes
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1971

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Rolling Slope, Wooded, Intown, Near Public Beach, Near Turnpike/Interstate, Rural
  • View: Scenic
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Other, Paved, On Site, Off Street

Utilities

  • Electric: On Site
  • Sewer: None
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Medway Public Schools

Lot Info

  • Lot Size Sq Ft: 63597.6
  • Parcel #: 826
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 656.88
  • Tax Book Number: 13894
  • Tax Lot: 035
  • Tax Map Number: 016
  • Tax Year: 2023

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

Mortgage History

Date Status Borrower Loan Amount
Closed Hayes Dale F $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $55,000 0.0% --
04/20/2023 04/20/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $55,000 0.0% --
06/22/2022 06/22/22 Sold $55,000 0.0% --
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $55,000 -- --
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
2023 $668 $27,600 $27,600 $0
2022 $657 $27,600 $27,600 $0
2019 $738 $27,100 $20,600 $6,500
2017 $778 $27,100 $20,600 $6,500
2016 $811 $27,100 $20,600 $6,500
2015 $643 $24,100 $20,600 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556477

Maine Listings

APN: MEDY-000016-000000-000035