NOT LISTED FOR SALE

566 Warren Hill Rd Palmyra, ME 04965

Estimated Value: $80,838 - $104,000

69 Acres
$1,385 Price per Acre
2,986,038 Sq Ft Lot

Last Sold April 23, 2020

Last sale price $55,000

Est. 73% increase in value since last sale

Current estimated payment $579/month

18 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Lot Has A Rolling Slope
  • 68.55 Acre Lot
  • No HOA

About This Lot

As of April 2020

If you have been looking for land for sale that is easy to get to in central Maine this 68-acre surveyed lot in Palmyra is the one you have been waiting for.
This property has been recently surveyed with boundaries flagged. The land has been improved with a gravel pad, a drilled well, septic system and electricity brought on site. 2,000 +/- feet of road was built to gain access towards the center of the acreage.
The forest of this property is a mixture of hardwoods and softwoods. A timber harvest done this winter has thinned a portion of the land with many acres left untouched by harvesting. Dense areas of pine, cedar, ash and other species make great winter cover for the local deer herd. The elevations on site range from about 400 to 450 feet above sea level. Two small branches of Johonnett Brook start and run through the property on the way to the Sebasticook River. The waters are small but provide a water source for game animals year-round.
Located at 566 Warren Hill Road, the land is surrounded by open fields, forest lands and lightly populated rural homes. This is an ideal place to build a seasonal cabin or a year-round home. The service town of Newport is about 7 miles from the property. The city of Waterville and Bangor are about a half hour drive in either direction.
The town has a population just under 2,000. Highlights of Palmyra include Madawaska Bog Wildlife Preserve, Palmyra Town Park, and Veterans Memorial Monument. The Town Park is located on Main Street behind the Town Hall and it offers a picnic area, softball field, basketball court, and an ice-skating rink. Snowmobiling, cross-country skiing, hunting, fishing, hiking, and golfing are just a few of the outdoor activities that can be enjoyed in town.

Last Listed By

Philip McPhail II

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 03/10/2020

Property Details

Property Type

  • Land

Lot Details

  • 68.55 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Agriculture/Resident

Parking

  • Gravel Driveway

Utilities

  • Natural Gas Not Available
  • Well
  • Septic System

Additional Features

  • Views of Woods
  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number PALA-000009-000000-000043

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 68.55
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1299
  • Co List Office Phone: 207-794-6164
  • MLS Status: Closed
  • Directions: 44.868801, -69.400339 Location coordinates From I-95 Pittsfield exit Head northwest on ME-152 toward Gagne Rd 2.3 mi Turn right onto US-2 E 0.6 mi Turn left onto Raymond Rd 2.4 mi Turn right onto ME-151 S 9/10 mile destination will be on the right.
  • Attribution Contact: 207-794-6164
  • Property Information:Lot Size Acres -: 68.55
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: Yes
  • Utility Info Electric On Site: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: On Site
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 2986038.0
  • Parcel #: PALA-000009-000000-000043
  • Zoning: Agriculture/Resident

Tax Info

  • Tax Annual Amount: 1385.0
  • Tax Book Number: 5455
  • Tax Lot: 43
  • Tax Map Number: 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Aug 10, 2018
Sold by
Mcginnis Bruce L and Mcginnis Crystal M
Bought by
Miller Jacob D
Seller's Agent
Danielle Cray
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Danielle Cray
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Total Days on Market
18
Current Estimated Value
$94,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,960
Avg. Annual Appreciation
7.03%
Original Mortgage
$45,000
Outstanding Balance
$17,293
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$77,667

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
Miller Jacob D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jacob D $45,000
Previous Owner Mcginnis Bruce L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $55,000 -8.3% --
03/29/2020 03/29/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $60,000 0.0% --
08/23/2019 08/23/19 Sold $60,000 -29.4% --
07/29/2019 07/29/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $85,000 +41.7% --
08/03/2018 08/03/18 Sold $60,000 -20.0% $65 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
08/15/2017 08/15/17 For Sale $75,000 -- $81 / 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 $633 $57,500 $57,500 $0
2023 $633 $57,500 $57,500 $0
2022 $949 $55,800 $55,800 $0
2021 $990 $55,800 $55,800 $0
2020 $1,004 $55,800 $55,800 $0
2019 $1,385 $78,700 $63,300 $15,400
2018 $1,425 $76,000 $60,600 $15,400
2017 $1,368 $76,000 $60,600 $15,400
2016 $1,251 $70,500 $55,100 $15,400
2015 $1,170 $70,500 $55,100 $15,400
2012 $965 $64,300 $48,900 $15,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1446726

Maine Listings

APN: PALA-000009-000000-000043