$550,000
SOLD MAY 21, 2025

549 Main St Monmouth, ME 04259

-- Bed
4.5 Baths
4,340 Sq Ft
7.9 Acres

Recently Sold

$127 Per Sq Ft

8% Below List Price

84 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Barn
  • Post and Beam
  • Attic

About This Home

As of May 2025

Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.

Last Agent to Sell the Property

Jordan Stolt

Summit Real Estate Listed on: 01/06/2025

Co-Listed By

Grace STOCCO

Summit Real Estate

Last Buyer's Agent

Joshua Cousineau

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,587

Year Built

  • Built in 1905

Lot Details

  • 7.9 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Post and Beam
  • Farmhouse Style Home
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Aluminum Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4,340 Sq Ft Home
  • Water Views
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number MONM-000016-000000-000028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $32,143
  • Gross Income $61,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,587

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 7.9
  • Road Surface Type: Paved
  • Water Body Name: Cochnewagon
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 207-436-5555
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4340.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Structure Type: Post & Beam
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 7.9
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4340.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 61483.0
  • Income Expenses Operating Expenses: 32143.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Site:PastureField: Yes
  • Amenities:In-Law Apartment: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Walk-in Closets, In-Law Apartment, Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Pasture/Field, Level, Rural
  • Waterfront: No
  • Construction Type: Shingle Siding, Clapboard, Aluminum Siding, Other, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s), Barn(s), Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Heat Pump, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 344124.0
  • Parcel #: MONM-000016-000000-000028
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 61483.0
  • Annual Operating Expense: 32143.0

Tax Info

  • Tax Annual Amount: 4587.0
  • Tax Book Number: 13417
  • Tax Lot: 28
  • Tax Map Number: 16
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
May 21, 2025
Sold by
Guerrette Carlie and Guerrette Steven
Bought by
Peacock Gwyneth F and Peacock Isaac
Seller's Agent
Jordan Stolt
Summit Real Estate
Buyer's Agent
Joshua Cousineau
Real Broker
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$454,750
Outstanding Balance
$454,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,875

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 5, 2019
Sold by
Caissie Catina D and Caissie Elden A
Bought by
Guerrette Carlie N and Guerrette Steven L
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
James Pepin
Sprague & Curtis Real Estate
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%
Original Mortgage
$240,350
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2013
Sold by
Everett John S and Everett Jenny Jo
Bought by
Caissie Catina D and Cassine Elden A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 None Available
Warranty Deed $550,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,750 Purchase Money Mortgage
Closed $454,750 Purchase Money Mortgage
Previous Owner $75,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $240,350 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $550,000 -4.3% $127 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $575,000 -3.4% $132 / Sq Ft
01/06/2025 01/06/25 For Sale $595,000 +135.2% $137 / Sq Ft
12/05/2019 12/05/19 Sold $253,000 +1.2% $58 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $250,000 -- $58 / 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 $5,182 $253,400 $77,500 $175,900
2023 $4,587 $253,400 $77,500 $175,900
2022 $4,298 $220,400 $67,400 $153,000
2021 $4,144 $220,400 $67,400 $153,000
2020 $4,000 $220,400 $67,400 $153,000
2018 $3,868 $220,400 $67,400 $153,000
2017 $5,962 $339,700 $93,200 $246,500
2016 $6,036 $364,700 $90,000 $274,700
2015 $5,689 $364,700 $90,000 $274,700
2013 $5,306 $364,700 $90,000 $274,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1612072

Maine Listings

APN: MONM-000016-000000-000028