NOT LISTED FOR SALE

52 E Madrid Rd Phillips, ME 04966

Estimated Value: $57,000 - $116,000

2 Acres
$44,119 Price per Acre
87,120 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $80,000

Est. 10% increase in value since last sale

Current estimated payment $579/month

1 Day on Market

Highlights

  • Scenic Views
  • No HOA
  • Open Lot
  • Wooded Lot
  • Shed

About This Lot

As of September 2023

This 2-acre lot is ready for establishing a potential new residence or getaway. This rural lot presents with an existing drilled well, septic system, two telephone poles and a shed. The property is currently being used with a camper but is ready for potential construction with the necessary permissions and permits from the town. The property's proximity to the ATV and Snowmobile trails leading to the Maines Interconnected Trail System (ITS) provides excellent recreational opportunities for outdoor enthusiasts. The property's location near Saddleback Ski Area & Bike Park and Sugarloaf Mountain offers easy access to skiing and outdoor activities. The property boasts picturesque views of various mountains, including Mount Blue, Little Jackson, Big Jackson, and Tumbledown, along with the opportunity to hike the mountains and trails, and enjoy the beauty of what Maine has to offer. The mature apple and pear trees, as well as the availability of berries when in season. The property's proximity to recreational areas, ski resorts, and natural attractions makes it an appealing choice for those seeking both relaxation and adventure. Camper not included in sale, but is negotiable. Prospective buyers are encouraged to schedule a viewing to fully appreciate the property's features and potential.

Last Agent to Sell the Property

Cynthia Powell

Realty ONE Group - Compass Listed on: 08/31/2023

Last Buyer's Agent

Kim McManus

Tim Dunham Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $423

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural.

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods
  • Mountain

Mobile Home

  • Mobile Home Allowed

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number PHIS-000004R-000000-000027

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$423

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • View:Mountain(s): Yes
  • Utility Info Electric On Site: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Wooded, Near Town, Rural
  • View: Mountain(s), Scenic, Trees/Woods
  • Waterfront: No
  • Other Structures: Shed

Garage/Parking

  • Parking Features: 11 - 20 Spaces, Gravel, Other

Utilities

  • Electric: On Site
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On, Pole
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: PHIS-000004R-000000-000027
  • Zoning: Rural.

Tax Info

  • Tax Annual Amount: 423.0
  • Tax Book Number: 3497
  • Tax Lot: 27
  • Tax Map Number: 4R
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Sep 22, 2023
Sold by
Smith Leroy and Smith Marie
Bought by
Vaccaro Joseph and Deangelo-Vaccaro Marni R
Seller's Agent
Cynthia Powell
Realty ONE Group - Compass
Buyer's Agent
Kim McManus
Tim Dunham Realty
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$88,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,238
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Sweatt Georgia and Sweetser Georgia
Bought by
Smith Leroy and Smith Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.39%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Vaccaro Joseph -- None Available
Vaccaro Joseph -- None Available
Smith Leroy -- --
Smith Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Leroy $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $80,000 0.0% --
09/01/2023 09/01/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $80,000 -- --
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 $1,180 $52,900 $18,700 $34,200
2023 $420 $21,900 $18,700 $3,200
2022 $423 $21,900 $18,700 $3,200
2021 $449 $21,900 $18,700 $3,200
2020 $480 $21,900 $18,700 $3,200
2019 $462 $18,725 $18,725 $0
2018 $429 $18,725 $18,725 $0
2017 $406 $18,725 $18,725 $0
2016 $401 $18,725 $18,725 $0
2015 $404 $18,725 $18,725 $0
2013 $389 $18,725 $18,725 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1570492

Maine Listings

APN: PHIS-000004R-000000-000027