NOT LISTED FOR SALE

54 Promise Ln New Gloucester, ME 04260

Estimated Value: $420,000 - $786,841

3.84 Acres
$146,344 Price per Acre
167,270 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $88,000

Est. 541% increase in value since last sale

Current estimated payment $3,709/month

81 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Property is near a golf course
  • 3.84 Acre Lot
  • No HOA
  • Open Lot

About This Lot

As of December 2021

Beautiful and cleared lot at the end of a dead end road. Private, peaceful and just waiting to have your dream home built on it!

This Property has been soiled tested and has a septic design available. Section of lot was cut about 5-6 years ago as a potential build site and was recently bush hogged the end of September. Gorgeous spot!

Minutes from Pineland Farms, local schools, Freeport, Spring Meadows Golf Course and the turnpike.

Within 30-minutes or less of Portland, Lewiston, Auburn and Windham.

Last Agent to Sell the Property

Elizabeth Splane

Keller Williams Realty Listed on: 09/02/2021

Co-Listed By

Belinda Desmond

Keller Williams Realty

Keller Williams Realty

Last Buyer's Agent

Belinda Desmond

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $912

Lot Details

  • 3.84 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural Residential

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Septic Design Available
  • Sewer Not Available

Additional Features

  • Views of Woods
  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14 P
  • Assessor Parcel Number NEWG-000004-000000-000014-P000000

Property Details

Property Type

Land

Est. Annual Taxes

$912

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.84
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • Ownership: Statutory Warranty Deed
  • MLS Status: Closed
  • Directions: About 1 mile down Morse Rd from rt 100 on your left. Promise Lane is a private lane that has 7 homes on it right now. This lot is at the end of the dead end rd.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.84
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Near Golf Course, Near Turnpike/Interstate, Rural
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

  • Electric: No Electric
  • Sewer: None, Septic Design Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 15/MSAD 15

Lot Info

  • Lot Size Sq Ft: 167270.4
  • Parcel #: NEWG-000004-000000-000014-P000000
  • Zoning: Rural Residential

Tax Info

  • Tax Annual Amount: 911.79
  • Tax Book Number: 32363
  • Tax Lot: 14 P
  • Tax Map Number: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Cj Ventures Llc
Bought by
Hibbard Jason and Hibbard Laurie
Current Estimated Value
$564,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$620,028
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$99,962

Purchase Details

Closed on
May 26, 2022
Sold by
Hibbard Jason
Bought by
Cj Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.27%
Mortgage Type
Construction
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
Hibbard Jason $680,000 None Available
Hibbard Jason $680,000 None Available
Cj Ventures Llc -- None Available
Hibbard Jason -- None Available
Cj Ventures Llc -- None Available
Hibbard Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbard Jason $640,000
Closed Hibbard Jason $640,000
Previous Owner Cj Ventures Llc $560,000
Previous Owner Hibbard Jason $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $88,000 -16.2% --
11/23/2021 11/23/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $105,000 -- --
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 $7,427 $498,792 $102,072 $396,720
2023 $8,766 $613,441 $102,072 $511,369
2022 $1,022 $74,072 $74,072 $0
2021 $912 $66,072 $66,072 $0
2020 $902 $66,072 $66,072 $0
2019 $902 $53,400 $53,400 $0
2018 $844 $53,400 $53,400 $0
2017 $833 $53,400 $53,400 $0
2016 $785 $53,400 $53,400 $0
2015 $782 $53,400 $53,400 $0
2014 $774 $53,400 $53,400 $0
2013 $718 $53,400 $53,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507534

Maine Listings

APN: NEWG-000004-000000-000014-P000000