NOT LISTED FOR SALE

562 Grimes Rd Caribou, ME 04736

Estimated Value: $186,000 - $245,000

3 Beds
1 Bath
2,340 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $145,000 $62 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,455/month

148 Days on Market

Highlights

  • Scenic Views
  • Cape Cod Architecture
  • Granite Countertops
  • 1.5 Acre Lot
  • Corner Lot
  • No HOA

About This Home

As of March 2022

Situated on 1.5 acres, this corner lot is well manicured and just a few minutes from town. The house contains 3 bedrooms and one bath. The recent addition is a large and open room, well insulated, with direct access to the two car garage. Other recent updates include new granite countertops, windows, roof, and flooring. There is lots of bonus space to spread out in this house, with opportunity to utilize the extra rooms for home office, gym, or rec room.

Last Agent to Sell the Property

Brianne Bubar

Fields Realty LLC Brokerage Email: bri.bubar@gmail.com Listed on: 08/27/2021

Last Buyer's Agent

Diane Belanger

RE/MAX Infinity

RE/MAX Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1940

Lot Details

  • 1.5 Acre Lot
  • Rural Setting
  • Corner Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Rural

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number CARI-000009-000000-000066

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the Van Buren Rd/Rte 1 intersection in Caribou, travel east towards Limestone for 1.5 miles, turn right onto Grimes Rd. Continue for 2.7 miles, 562 Grimes Rd is on the left.
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: bri.bubar@gmail.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2340.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Rolling Slope, Rural
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: CARI-000009-000000-000066
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2350.0
  • Tax Book Number: 5975
  • Tax Lot: 66
  • Tax Map Number: 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Mar 18, 2022
Sold by
Mitchell Jim and Mitchell Jing R
Bought by
Freeman Kevin A
Seller's Agent
Brianne Bubar
Fields Realty LLC
Buyer's Agent
Diane Belanger
RE/MAX Infinity
List Price
$170,000
Sold Price
$145,000
Premium/Discount to List
-$25,000
-14.71%
Current Estimated Value
$217,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,955
Avg. Annual Appreciation
11.22%
Original Mortgage
$145,000
Outstanding Balance
$137,230
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$73,822

Purchase Details

Listed on
Apr 13, 2018
Closed on
Oct 5, 2018
Sold by
Hale Evangeline M
Bought by
Mitchell Jim R
Seller's Agent
Roxanne Putnam
Key Realty
Buyer's Agent
Stephanie Beaulieu
Progressive Realty
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.14%
Original Mortgage
$15,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Freeman Kevin A $145,000 None Available
Mitchell Jim R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Kevin A $145,000
Previous Owner Mitchell Jim R $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $145,000 -14.7% $62 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
08/27/2021 08/27/21 For Sale $170,000 +183.3% $73 / Sq Ft
10/05/2018 10/05/18 Sold $60,000 -7.6% $48 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $64,900 -- $52 / 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 $3,595 $168,000 $21,700 $146,300
2023 $3,276 $168,000 $21,700 $146,300
2022 $2,532 $107,500 $18,900 $88,600
2021 $2,532 $107,500 $18,900 $88,600
2020 $2,350 $99,800 $18,900 $80,900
2019 $2,450 $99,800 $18,900 $80,900
2018 $1,891 $99,800 $18,900 $80,900
2017 $2,385 $99,800 $18,900 $80,900
2016 $2,285 $99,800 $18,900 $80,900
2015 $2,242 $99,800 $18,900 $80,900
2014 $2,226 $99,800 $18,900 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506880

Maine Listings

APN: CARI-000009-000000-000066