NOT LISTED FOR SALE

500 Elm St Limerick, ME 04048

Estimated Value: $582,000 - $622,669

3 Beds
2.5 Baths
3,150 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $490,000 $156 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,638/month

3 Days on Market

Highlights

  • Public Beach
  • 16.82 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2022

Welcome Home! This custom built, gambrel style house just turned 1 and has a multitude of great features. Want low maintenance? Crushed rock driveway offers great drainage and keeps the dirt outside. Upgraded siding looks like wood but is vinyl. Metal roof with good angles for the snow to slide off easily. The side entry keeps the cold out when entering the house and is great for packages to be left. The home has over 3,000 square feet of living area with easy to clean tile and wood floors throughout. Dedicated laundry room with washer & gas dryer. Full 2nd bath with tile floors, bidet toilet and tile shower with glass doors. The 2nd bedroom has a barn door closet and wood accent wall. The current dining room with closet could be converted to another bedroom. Kitchen features wood counters, island with storage, gas stove with hood, walk in pantry with built in shelves, including a spice rack & wall to hang pots and pans. Living room boasts cathedral ceiling, gas fireplace and door to the back yard. Primary bedroom with large walk in closet and built ins, plus full bath with tile floors, a bidet and a clawfoot soaking tub. That's all on the main level!! Upstairs there are two open rooms connected by a catwalk with built ins and is open to the downstairs. 2nd open room leads to a 900 square foot bedroom with a 1/2 bath, open closet/clothing rack and the door to your 320 sq foot screened in porch. like bird watching? Two access 'doors' open to the bird feeders for easy refilling. Sit and enjoy nature without the bugs. Stairs leading down from your porch go to your backyard and carport/patio/storage area that's open on 3 sides and covered. Basement is a clean crawlspace with concrete floor, sump pump and walk mounted propane boiler. The garage is 30x30 and has 2 bays with auto door openers and a man door. Rural location, lots of space and close to great restaurants! Not a drive by, this is a must see!

Last Agent to Sell the Property

Kimberly Cochran

Wild Moon Realty, LLC Listed on: 12/02/2022

Last Buyer's Agent

Heather Kelly

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 2021

Lot Details

  • 16.82 Acre Lot
  • Public Beach
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Residence, Farm

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Views of Woods

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Accessible Home Design

  • Doors are 36 inches wide or more
  • Level Entry For Accessibility

Utilities

  • No Cooling
  • Radiator
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Private Water Source
  • Well
  • Septic Design Available
  • Private Sewer
  • Internet Available

Additional Features

  • Patio
  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number LIME-000032-000000-000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,685

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.82
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly- Elm Street is also Route 11
  • Above Grade Finished Sq Ft: 3150.0
  • Architectural Style: Contemporary, Dutch Colonial, Other
  • Garage Yn: Yes
  • Efficiency: Ceiling Fans, LED Light Fixtures, Thermostat
  • Year Built: 2021
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 148.54
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Bonus Room:Bonus Room: Bonus Room
  • Office:Office: Office
  • Laundry Room:Laundry Room: Laundry
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Other Equipment: Cable, Dial-Up, DSL, Generator, Internet Access Available
  • Accessibility Features: 36+ Inch Doors, Level Entry
  • Has Basement: Interior Entry, Crawl Space, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Near Golf Course, Near Public Beach, Near Town, Rural, Level, Open Lot, Wooded
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, 11 - 20 Spaces, On Site, Off Street, Garage Door Opener, Carport

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Zoned, Radiator
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers, Generator Hookup
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 732679.2
  • Parcel #: LIME-000032-000000-000012
  • Zoning: Residence, Farm

Tax Info

  • Tax Annual Amount: 6684.74
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 1, 2022
Sold by
Mckinnon Cole M and Mckinnon Ivan D
Bought by
Smyser Jennifer M and Smyser Walter G
Seller's Agent
Kimberly Cochran
Wild Moon Realty, LLC
Buyer's Agent
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$467,900
Sold Price
$490,000
Premium/Discount to List
$22,100
4.72%
Current Estimated Value
$603,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,667
Avg. Annual Appreciation
7.25%
Original Mortgage
$340,000
Outstanding Balance
$329,370
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,297
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smyser Jennifer M $490,000 None Available
Smyser Jennifer M $490,000 None Available
Smyser Jennifer M $490,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smyser Jennifer M $340,000
Closed Smyser Jennifer M $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $490,000 0.0% $156 / Sq Ft
10/06/2022 10/06/22 Off Market $490,000 -- --
09/27/2022 09/27/22 For Sale $467,900 -- $149 / 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
2025 $5,669 $596,746 $141,060 $455,686
2024 $5,669 $596,746 $141,060 $455,686
2023 $7,155 $470,756 $84,550 $386,206
2022 $6,685 $470,756 $84,550 $386,206
2021 $4,270 $257,209 $67,640 $189,569
2020 $847 $51,640 $51,640 $0
2019 $779 $49,440 $49,440 $0
2018 $798 $49,440 $49,440 $0
2017 $779 $49,440 $49,440 $0
2016 $744 $49,440 $49,440 $0
2015 $722 $49,440 $49,440 $0
2014 $700 $49,440 $49,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1544276

Maine Listings

APN: LIME-000032-000000-000012