NOT LISTED FOR SALE

541 Hio Ridge Rd Bridgton, ME 04009

Estimated Value: $521,788 - $793,000

4 Beds
2.5 Baths
2,600 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $311,000 $120 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,807/month

87 Days on Market

Highlights

  • Ski Resort
  • 24.55 Acre Lot
  • Farm
  • Nearby Water Access
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of February 2019

Absolutely lovely farmhouse in idyllic setting high on Hio Ridge Rd. Large acreage with several large fields and separate lot across the road to ensure privacy. Potential to bring back westerly views of Pleasant Mountain and Mt. Washington. Connecting barn and detached 2 car garage. Remodeled kitchen with separate pantry and radiant heat. Extensive custom remodel added tiled mudroom, utility room with high efficiency multi zone gas furnace, electrical, 2 story family room addition with large windows overlooking fields, 1/2 bath and 2nd story with 2 add'l rooms. First floor bedroom with large updated master bath. RARE. Potential to add furnishings.

Last Agent to Sell the Property

Eileen Rounds

Chalmers Realty Listed on: 09/06/2018

Last Buyer's Agent

Kristine Triglione

Heritage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1920

Lot Details

  • 24.55 Acre Lot
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,600 Sq Ft Home
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Unfinished Basement
  • Interior Basement Entry
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Smart Grid Meter

Outdoor Features

  • Nearby Water Access
  • Outbuilding
  • Enclosed Glass Porch

Farming

  • Farm
  • Agricultural
  • Pasture

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Septic Design Available
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 21F,22C
  • Assessor Parcel Number BRGT-000008-000000-000021F

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,514

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24.55
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 302 to Hio Ridge Rd. 2nd home on the right after Stone Rd.
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Cape, Farmhouse, New Englander
  • Garage Yn: Yes
  • Efficiency: Storm Windows, Smart Electric Meter, Programmable Thermostat
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 24.55
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2600.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Site:PastureField: Yes
  • Amenities:Furniture Included: Yes
  • Location:Ski Resort: Yes
  • Washer/Dryer Other Location: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Style:New Englander: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Family Room Amenities:Skylight18: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Other, Pantry, Shower, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Farm, Agriculture, Open Lot, Rolling Slope, Wooded, Pasture, Other, Rural, Ski Resort
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1069398.0
  • Parcel #: BRGT-000008-000000-000021F
  • Zoning: res

Tax Info

  • Tax Annual Amount: 4514.0
  • Tax Lot: 21F,22C
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Jan 14, 2019
Sold by
Thomas John
Bought by
Colarusso Thomas P and Colarusso Stacey W
Seller's Agent
Eileen Rounds
Chalmers Realty
Buyer's Agent
Kristine Triglione
Heritage Realty
List Price
$329,900
Sold Price
$311,000
Premium/Discount to List
-$18,900
-5.73%
Current Estimated Value
$655,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,263
Avg. Annual Appreciation
11.77%
Original Mortgage
$155,500
Outstanding Balance
$135,379
Interest Rate
4.13%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$519,884
Source: Public Records

Range of Values:

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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
Colarusso Thomas P -- --
Colarusso Thomas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colarusso Thomas P $155,500
Closed Colarusso Thomas P $155,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $311,000 -5.7% $120 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $329,900 -- $127 / 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 $4,534 $265,938 $78,660 $187,278
2023 $4,574 $265,938 $78,660 $187,278
2022 $4,042 $265,938 $78,660 $187,278
2021 $3,936 $265,938 $78,660 $187,278
2020 $3,933 $263,065 $78,660 $184,405
2019 $3,946 $263,065 $78,660 $184,405
2018 $3,893 $263,065 $78,660 $184,405
2017 $4,025 $263,065 $78,660 $184,405
2016 $3,907 $263,065 $78,660 $184,405
2015 $3,899 $283,536 $77,720 $205,816
2014 $3,987 $283,536 $77,720 $205,816
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eileen Rounds

    Chalmers Realty

    (207) 838-0000

    42 in this area

    72 Total Sales

    Eileen Rounds
    Section Image

  • K

    Buyer's Agent in 2019

    Kristine Triglione

    Heritage Realty

  • K

    Buyer's Agent in 2019

    Kris Triglione

    Keller Williams Realty

    Section Image
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Map

Source: Maine Listings

MLS Number: 1369236

Maine Listings

APN: BRGT-000008-000000-000021F

Maine Cumberland County Bridgton 04009

541 Hio Ridge Rd, Bridgton, ME

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