$17,000
SOLD MAR 28, 2022

50 Snowberry Ln Palermo, ME 04354

1.01 Acres
$16,832 Price per Acre
43,996 Sq Ft Lot

Recently Sold

10% Below List Price

1,351 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Level Lot

About This Lot

As of August 2022

Wooded 1.01 acre lot in rural subdivision! Lot has been fully surveyed & pinned. Paved lane with power already running past this lot. Close to schools, Sheepscot Lk, LK St. George & recreational trails. Restrictions exist to protect your investment!

Last Agent to Sell the Property

Lucas Adams

Adams Realty Listed on: 06/10/2021

Last Buyer's Agent

Lucas Adams

Adams Realty Listed on: 06/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $101

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Community Details

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

Listing and Financial Details

  • Tax Lot 10-6
  • Assessor Parcel Number PALE-000002-000000-000010-000006-R

Property Details

Property Type

Land

Est. Annual Taxes

$101

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.01
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Augusta take Rt. 3 east to Palermo, just after Palermo school turn right onto Snowberry Lane, this is the 3rd lot on left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.01
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Rural, Subdivided
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: PALE-000002-000000-000010-000006-R
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 101.0
  • Tax Book Number: 3757
  • Tax Lot: 10-6
  • Tax Map Number: R2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 29, 2022
Sold by
Sherman Judy L and Sherman Kirk A
Bought by
Houghton Jacob M
Seller's Agent
Lucas Adams
Adams Realty
Buyer's Agent
Mitchell Donar
Keller Williams Realty
List Price
$399,900
Sold Price
$406,000
Premium/Discount to List
$6,100
1.53%
Current Estimated Value
$501,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,372
Avg. Annual Appreciation
7.04%
Original Mortgage
$324,800
Outstanding Balance
$310,944
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,428
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 Type Sale Price Title Company
Warranty Deed $406,000 None Available
Warranty Deed $406,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,800 Purchase Money Mortgage
Closed $324,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $406,000 +1.5% $181 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $399,900 +2252.4% $179 / Sq Ft
03/28/2022 03/28/22 Sold $17,000 -10.1% --
02/23/2022 02/23/22 Pending -- -- --
06/12/2018 06/12/18 For Sale $18,900 -- --
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 $4,733 $411,600 $30,000 $381,600
2023 $4,528 $411,600 $30,000 $381,600
2022 $156 $15,000 $15,000 $0
2021 $104 $7,500 $7,500 $0
2020 $101 $7,500 $7,500 $0
2019 $100 $7,500 $7,500 $0
2018 $95 $7,500 $7,500 $0
2017 $101 $7,500 $7,500 $0
2016 $99 $7,500 $7,500 $0
2015 $100 $7,500 $7,500 $0
2013 $86 $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Adams

    Seller's Agent in 2022

    Lucas Adams

    Adams Realty

    (207) 649-7981

    151 Total Sales

    Lucas Adams
    Section Image

  • M

    Buyer's Agent in 2022

    Mitchell Donar

    Keller Williams Realty

    Section Image
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Map

Source: Maine Listings

MLS Number: 1355504

Maine Listings

APN: PALE-000002-000000-000010-000006-R

Maine Waldo County Palermo 04354

50 Snowberry Ln, Palermo, ME

This home is located at 50 Snowberry Ln, Palermo, ME 04354 and is currently priced at $17,000. 50 Snowberry Ln is a home located in Waldo County.

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