NOT LISTED FOR SALE

51 Meadow Ln New Gloucester, ME 04260

Estimated Value: $808,000 - $1,008,000

4 Beds
2.5 Baths
2,682 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $935,000 $349 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,420/month

183 Days on Market

Highlights

  • Barn
  • 8.4 Acre Lot
  • Contemporary Architecture
  • Scenic Views
  • Deck
  • Farm

About This Home

As of May 2024

Attention horse enthusiasts! Discover the rustic allure of this charming John Libby Post and Beam home featuring passive solar design, nestled within New Gloucester's exclusive equine community. This residence boasts two fully renovated bathrooms, upgraded flooring, fresh paint, kitchen enhancements, and newly installed hardwood flooring in a spacious family room and one bedroom. The extensive landscaping showcases local flora and fauna, enhancing the property's appeal.

A highlight of this property is its barn, complete with cement flooring and seven matted stalls, alongside a feed room and ample hay storage for over 280 bales. Outdoor amenities include two riding arenas, a round indoor arena, two pastures, and two sand paddocks with stone dust and lean-tos. Additionally, two outside paddocks feature automatic waterers, with over $50,000 invested in fencing and $10,000 dedicated to securing the arena footing and installing new garage doors.

Indulge in the luxury of the indoor riding arena equipped with a mirror and heated viewing room, which conveniently serves as a tack room. Unwind as you watch your horses graze from the spacious kitchen, or pursue your hobbies in the garage workshop. Delight in the serenity of the screened porch and revel in the privacy of a yard shielded from neighboring views.

Nature enthusiasts will appreciate the proximity to the Royal River trail, while equestrians can explore miles of trails at the nearby Big Falls Preserve. For additional recreational opportunities, Trio Farm, offering cross-country fields and lessons, is conveniently adjacent, with Tail Draggers Boarding & Horseback Riding Lessons just across the street.

Last Agent to Sell the Property

Cathleen Manchester

Keller Williams Realty Listed on: 10/06/2023

Keller Williams Realty

Last Buyer's Agent

Katie Hatch

RE/MAX Shoreline

RE/MAX Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1986

Lot Details

  • 8.4 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RR & FF

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,682 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Farming

  • Barn
  • Farm
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Underground Utilities
  • Generator Hookup
  • Private Water Source
  • Gas Water Heater
  • Water Heated On Demand
  • Private Sewer
  • Cable TV Available

Additional Features

  • Deck
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61-F
  • Assessor Parcel Number NEWG-000011-000000-000061-F000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,033

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.4
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2682.0
  • Architectural Style: Other, Contemporary
  • Garage Yn: Yes
  • Efficiency: Other/See Internal Remarks
  • Structure Type: Post & Beam
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 8.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2682.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Location:Suburban: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Room Features:Skylight32: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Electric:Generator Hookup: Yes
  • Electric:Underground: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Room Features:Gas Fireplace29: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Family Room Amenities:Gas Fireplace9: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Other Structures:Barn: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Structure Type:Post Beam: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Other Equipment: Cable
  • Has Basement: Interior, Walk-Out Access, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Third
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Pasture/Field, Open, Farm, Level, Wooded, Suburban
  • View: Fields, Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Other
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Gravel, Paved, Detached, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Underground, Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 365904.0
  • Parcel #: NEWG-000011-000000-000061-F000000
  • Zoning: RR & FF

Tax Info

  • Tax Annual Amount: 6033.0
  • Tax Book Number: 34893
  • Tax Lot: 61-F
  • Tax Map Number: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
May 31, 2024
Sold by
Moran John T and Moran Katie J
Bought by
Stanton Laurel A and Pratt Andrew B
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Katie Hatch
RE/MAX Shoreline
List Price
$960,000
Sold Price
$935,000
Premium/Discount to List
-$25,000
-2.6%
Views
43
Current Estimated Value
$919,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,222
Avg. Annual Appreciation
-2.97%
Original Mortgage
$701,250
Outstanding Balance
$693,049
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,230

Purchase Details

Closed on
Aug 13, 2021
Sold by
Gray Arthur R and Gray Jennifer B
Bought by
Hough Kenneth R and Hough Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2021
Sold by
Hough Kenneth R and Hough Teresa L
Bought by
Moran John T and Moran Katie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2019
Closed on
Nov 12, 2019
Sold by
Ritter Fletcher
Bought by
Hough Kenneth R and Hough Teresa L
Seller's Agent
Sandra Reid
Coldwell Banker Realty
Buyer's Agent
Sandra Reid
Keller Williams Realty
List Price
$549,900
Sold Price
$437,000
Premium/Discount to List
-$112,900
-20.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$393,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Fletcher-Ritter Sandra J and Ritter Sandra J
Bought by
Royal River Llc

Purchase Details

Closed on
May 6, 2011
Sold by
Ritter Jeffrey S
Bought by
Fletcher-Ritter Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Stanton Laurel A $935,000 None Available
Stanton Laurel A $935,000 None Available
Hough Kenneth R -- None Available
Hough Kenneth R -- None Available
Moran John T -- None Available
Moran John T -- None Available
Hough Kenneth R -- --
Royal River Llc -- --
Fletcher-Ritter Sandra J -- --
Royal River Llc -- --
Fletcher-Ritter Sandra J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Laurel A $701,250
Closed Stanton Laurel A $701,250
Previous Owner Hough Kenneth R $680,000
Previous Owner Moran John T $528,250
Previous Owner Hough Kenneth R $393,300
Previous Owner Fletcher-Ritter Sandra J $144,000
Previous Owner Fletcher-Ritter Sandra J $75,000
Previous Owner Fletcher-Ritter Sandra J $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 For Sale $960,000 +2.7% $358 / Sq Ft
05/31/2024 05/31/24 Sold $935,000 0.0% $349 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/05/2024 04/05/24 Off Market $935,000 -- --
02/06/2024 02/06/24 Price Changed $960,000 -19.5% $358 / Sq Ft
10/06/2023 10/06/23 For Sale $1,192,000 +172.8% $444 / Sq Ft
11/15/2019 11/15/19 Sold $437,000 -20.5% $147 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $549,900 -- $184 / 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
2024 $6,510 $437,174 $148,100 $289,074
2023 $6,247 $437,174 $148,100 $289,074
2022 $6,033 $437,174 $148,100 $289,074
2021 $6,033 $437,174 $148,100 $289,074
2020 $5,967 $437,174 $148,100 $289,074
2019 $4,634 $274,200 $78,100 $196,100
2018 $4,087 $278,700 $82,600 $196,100
2017 $4,348 $278,700 $82,600 $196,100
2016 $4,097 $278,700 $82,600 $196,100
2015 $5,264 $359,300 $82,600 $276,700
2014 $5,210 $359,300 $82,600 $276,700
2013 $3,749 $278,700 $82,600 $196,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1574126

Maine Listings

APN: NEWG-000011-000000-000061-F000000