NOT LISTED FOR SALE

540 Billings Rd Hermon, ME 04401

Estimated Value: $314,000 - $407,000

3 Beds
1.5 Baths
1,348 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $255,000 $189 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,132/month

5 Days on Market

Highlights

  • Country Club
  • Deck
  • Main Floor Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • Butcher Block Countertops

About This Home

As of July 2021

Meticulous, move in ready home. Completely renovated with modern, updated finishes and bright sunny rooms. This home feels like home the moment you step inside. Only a short commute to Bangor, yet a huge yard with beautiful gardens and a shed for all your tools and toys. Electric hot water heater inspected in 2021, new septic, UV filter installed, new heat pump, and full propane tanks. Hard Insulation Throughout the home and spray foam in the basement for awesome efficiency.

Last Agent to Sell the Property

Manda Stewart

RE/MAX Infinity Listed on: 06/17/2021

RE/MAX Infinity

Last Buyer's Agent

Ashley Sheehan

Realty of Maine

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Landscaped
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,348 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Butcher Block Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number HERM-000049-000035

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly. No sign. U driveway across from the horse farm.
  • Above Grade Finished Sq Ft: 1348.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: No
  • Efficiency: LED Light Fixtures, Insulated Foundation, Double Pane Windows
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1348.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Right of Way, Landscaped, Near Golf Course, Near Shopping, Near Town, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Other, Multi-Zones, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: HERM-000049-000035
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2074.0
  • Tax Book Number: 15425
  • Tax Lot: 35
  • Tax Map Number: 49
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 30, 2021
Sold by
Suffern Aleigh F
Bought by
Millay Erick J and Millay Amanda J
Seller's Agent
Manda Stewart
RE/MAX Infinity
Buyer's Agent
Ashley Sheehan
Realty of Maine
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
$356,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,556
Avg. Annual Appreciation
7.46%
Original Mortgage
$229,500
Outstanding Balance
$210,121
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,885

Purchase Details

Closed on
Jan 10, 2020
Sold by
Wood Andrew C
Bought by
Wood Aleigh F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,943
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 12, 2018
Sold by
Burnett Valerie
Bought by
Wood Aleigh F and Wood Andrew C
Seller's Agent
Manon DeCarlo
Realty of Maine
Buyer's Agent
Hilary Gotlieb
Bean Group
List Price
$174,500
Sold Price
$173,500
Premium/Discount to List
-$1,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$177,664
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2008
Sold by
Davis Velma G Est
Bought by
Burnett Valerie V
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
Millay Erick J -- None Available
Millay Erick J -- None Available
Wood Aleigh F -- None Available
Wood Aleigh F -- None Available
Wood Aleigh F -- --
Wood Aleigh F -- --
Burnett Valerie V -- --
Burnett Valerie V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millay Erick J $229,500
Closed Millay Erick J $229,500
Previous Owner Suffern Aleigh F $179,342
Previous Owner Wood Aleigh F $178,943
Previous Owner Wood Aleigh F $177,664
Previous Owner Burnett $50,000
Previous Owner Burnett Valerie V $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $255,000 +2.0% $189 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $249,900 +44.0% $185 / Sq Ft
04/09/2018 04/09/18 Sold $173,500 -0.6% $146 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $174,500 -- $147 / 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 $2,450 $224,800 $48,500 $176,300
2023 $2,768 $235,600 $45,100 $190,500
2022 $2,178 $183,000 $40,100 $142,900
2021 $2,126 $177,300 $38,900 $138,400
2020 $2,074 $173,000 $37,900 $135,100
2019 $2,011 $167,700 $37,000 $130,700
2018 $1,945 $167,700 $37,000 $130,700
2017 $1,823 $149,400 $40,000 $109,400
2016 $1,747 $145,600 $38,500 $107,100
2015 $1,704 $142,000 $37,000 $105,000
2014 $1,664 $138,665 $37,000 $101,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496415

Maine Listings

APN: HERM-000049-000035