N
Seller's Agent in 2024
Nichole Cullen
Locations Real Estate Group LLC
(207) 705-1296
1 in this area
26 Total Sales
5 Iron Wood Rd New Gloucester, ME 04260
Estimated Value: $509,000 - $595,000
3
Beds
2.5
Baths
1,792
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Deck
- Butcher Block Countertops
- Colonial Architecture
- Wooded Lot
- No HOA
About This Home
As of August 2024Discover your own private sanctuary, perfectly nestled in a serene wooded setting yet conveniently close to essential amenities. This newly built, exquisite home features an open-concept floor plan on the first floor, including a half bath, an additional den, and a laundry room with a utility sink. The second floor boasts a spacious primary bedroom with a custom walk-in closet and en-suite bath, along with two additional bedrooms and a guest bath. The expansive walkout basement offers potential for additional living space, ready to be finished to your specifications. Enjoy unparalleled privacy and nature views from the wrap-around deck, overlooking a picturesque 2-acre park-like backyard. Whether you're watching breathtaking sunrises, birdwatching, stargazing, or unwinding by the firepit, this home provides the perfect retreat. Beautiful deer and wild turkey can often be seen grazing the property. Recent updates include all-new upgraded light fixtures and doorknobs throughout the entire home, newly painted floor to ceiling throughout, custom blinds, newly painted exterior doors, and a freshly stained deck. Additional features include a shed and a carport, perfect for storing a mower or tractor. Located just 4 minutes from Pineland Farms with its extensive trail systems and year-round outdoor activities, 12 minutes from I-95 access in Gray or Auburn, less than 20 minutes from Lewiston/Auburn/Freeport, and 30 minutes from Portland, this property combines tranquility with convenience. Don't miss the opportunity to make this exceptional home yours! Open House Sat. 7/13 10a-12:30p, offers requested by Mon. 7/15 6pm.
Last Agent to Sell the Property
Locations Real Estate Group LLC Listed on: 07/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,827
Year Built
- Built in 2020
Lot Details
- 2.01 Acre Lot
- Property fronts a private road
- Dirt Road
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned Rural Residential
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,792 Sq Ft Home
- Built-In Features
- Living Room
- Den
- Laminate Flooring
- Views of Woods
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Butcher Block Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Deck
- Shed
Utilities
- Cooling Available
- Heat Pump System
- Generator Hookup
- Natural Gas Not Available
- Private Water Source
- Well
- Private Sewer
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Exclusions: Chandelier in guest bedroom
- Tax Lot 28E
- Assessor Parcel Number 5IronWoodRoadNewGloucester04260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Aug 14, 2024
Sold by
Umlah Nichole L and Umlah Joshua C
Bought by
Bacon Cassandra L and Bacon Daniel G
Seller's Agent
Nichole Cullen
Locations Real Estate Group LLC
Buyer's Agent
Timothy Nolan
Pine Tree Realty of Maine
List Price
$549,000
Sold Price
$565,500
Premium/Discount to List
$16,500
3.01%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471
Avg. Annual Appreciation
0.07%
Original Mortgage
$327,000
Outstanding Balance
$323,356
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,615
Purchase Details
Closed on
Sep 25, 2023
Sold by
Umlah Nichole L
Bought by
Umlah Nichole L and Umlah Joshua C
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 24, 2022
Sold by
Plowman Ronald A
Bought by
Cullen Nichole L
Seller's Agent
Teri Allen Campbell
Fontaine Family-The Real Estate Leader
Buyer's Agent
Nichole Cullen
Portside Real Estate Group
List Price
$385,000
Sold Price
$505,000
Premium/Discount to List
$120,000
31.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$350,001
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bacon Cassandra L | $565,500 | None Available | |
| Bacon Cassandra L | $565,500 | None Available | |
| Bacon Cassandra L | $565,500 | None Available | |
| Umlah Nichole L | -- | None Available | |
| Umlah Nichole L | -- | None Available | |
| Umlah Nichole L | -- | None Available | |
| Cullen Nichole L | $505,000 | None Available | |
| Cullen Nichole L | $505,000 | None Available | |
| Cullen Nichole L | $505,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bacon Cassandra L | $327,000 | |
| Closed | Bacon Cassandra L | $327,000 | |
| Previous Owner | Cullen Nichole L | $350,001 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $565,500 | +3.0% | $316 / Sq Ft |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $549,000 | +8.7% | $306 / Sq Ft |
| 06/24/2022 06/24/22 | Sold | $505,000 | +31.2% | $282 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $385,000 | -- | $215 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,323 | $290,347 | $84,033 | $206,314 |
| 2023 | $4,149 | $290,347 | $84,033 | $206,314 |
| 2022 | $3,586 | $259,835 | $84,033 | $175,802 |
| 2021 | $3,586 | $259,835 | $84,033 | $175,802 |
| 2020 | $3,547 | $259,835 | $84,033 | $175,802 |
| 2019 | $909 | $53,800 | $53,800 | $0 |
| 2018 | $850 | $53,800 | $53,800 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nichole Cullen
-
Timothy Nolan
T
Buyer's Agent in 2024
Timothy Nolan
Pine Tree Realty of Maine
(207) 893-8006
2 in this area
41 Total Sales
-
Teri Allen Campbell
Seller's Agent in 2022
Teri Allen Campbell
Fontaine Family-The Real Estate Leader
(207) 576-4180
2 in this area
121 Total Sales
Map
Source: Maine Listings
MLS Number: 1596234
APN: 0004-0028-E
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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