NOT LISTED FOR SALE

501 Bear River Rd Newry, ME 04261

Estimated Value: $247,804 - $407,000

3 Beds
2 Baths
1,200 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: December 26, 2017

Last sale price $80,000 $67 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $1,831 / mo

86 Days on Market

Highlights

  • Ski Resort
  • Wood Flooring
  • No HOA
  • Deck
  • Main Floor Bedroom
  • Bathtub

About This Home

As of December 2017

Rustic log cabin with wood frame addition located on 1.5+/- Acres off Bear River Road. Great opportunity to finish this cabin to your own needs. Only 12 minutes from Sunday River, convenient to Grafton Notch State Park, hiking, swimming and recreation all seasons!

Last Agent to Sell the Property

Cindy Hiebert

Mahoosuc Realty, Inc. Listed on: 09/01/2017

Last Buyer's Agent

Cindy Hiebert

Mahoosuc Realty, Inc. Listed on: 09/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1957

Lot Details

  • 1.5 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number NEWR-000010-000000-000007R

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1957

Lot Details

1.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt 2 east to Bear River Road (RT 26 North). Property is on the right approximately 2.5 miles.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Other Style
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 66.67
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Location:Ski Resort: Yes
  • Driveway:Reclaimed: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Rustic log cabin with wood frame addition located on 1.5+/- Acres off Bear River Road. Great opportunity to finish this cabin to your own needs. Only 12 minutes from Sunday River, convenient to Grafton Notch State Park, hiking, swimming and recreation all seasons!
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Rolling Slope, Rural, Ski Resort
  • Waterfront: No
  • Construction Type: Wood Siding, Log Siding, Log, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reclaimed

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: NEWR-000010-000000-000007R
  • Zoning: None

Tax Info

  • Tax Annual Amount: 880.0
  • Tax Lot: 7
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Jan 3, 2018
Sold by
Linnell Sean
Bought by
Lowe Michael T and Robinson Denyse J
Seller's Agent
Cindy Hiebert
Mahoosuc Realty, Inc.
Buyer's Agent
Cindy Hiebert
Mahoosuc Realty, Inc.
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Current Estimated Value
$327,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,451
Avg. Annual Appreciation
18.46%
Original Mortgage
$71,200
Outstanding Balance
$60,369
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$267,082
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Lowe Michael T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Michael T $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2017 12/26/17 Sold $80,000 -15.7% $67 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $94,900 -- $79 / Sq Ft
Source: Maine Listings

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 $1,270 $182,800 $64,100 $118,700
2024 $963 $181,700 $64,100 $117,600
2023 $945 $111,200 $51,300 $59,900
2022 $929 $111,200 $51,300 $59,900
2021 $890 $111,200 $51,300 $59,900
2020 $1,054 $98,500 $35,700 $62,800
2019 $1,054 $98,500 $35,700 $62,800
2018 $1,064 $98,500 $35,700 $62,800
2017 $917 $94,600 $35,700 $58,900
2016 $880 $94,600 $35,700 $58,900
2015 $884 $93,300 $35,700 $57,600
2014 $828 $91,500 $35,700 $55,800
2013 $783 $87,300 $35,700 $51,600
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1324719

Maine Listings

APN: NEWR-000010-000000-000007R

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