NOT LISTED FOR SALE

577 Arnold Ln Palermo, ME 04354

Estimated Value: $604,000 - $712,000

3 Beds
2.5 Baths
2,513 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $650,000 $259 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,809/month

14 Days on Market

Highlights

  • Water Views
  • 91 Acre Lot
  • Fireplace in Bedroom
  • Home fronts a pond
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of November 2024

Here's a 1830's cape with all the charm you'd expect, and structural integrity. Enjoy the indoor space, or sit on the screened porch and enjoy nature with the pond and expansive sunsets! Nice backyard for gardening plus 90 wooded acres with old paths. The porch leads to the cathedral ceiling living room and open kitchen. The beautiful updated kitchen offers plenty of cabinets, granite counters and new appliances, plus a great walk-in pantry with laundry. Separate formal dining room, family room, media room and den with plenty of space to live. Three bedrooms, 2.5 baths. A first floor primary bedroom suite has plenty of natural light, cathedral ceiling, walk-in closet and updated bath. This tiled bath offers double sinks, custom walk-in shower and soaking tub. First floor half bath for guest. Upstairs are two more bedrooms and full bath. The home has been loving restored with the help of Les Fossil of Restoration Resources in Alna. Less than 10 minutes to Tobey's General Store, convenient to Hannaford in China.

Last Agent to Sell the Property

Ann Castonguay

Sprague & Curtis Real Estate Brokerage Email: ann@spragueandcurtis.com Listed on: 09/10/2024

Last Buyer's Agent

Nicholas Avery

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1830

Lot Details

  • 91 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Landscaped
  • Open Lot
  • Wooded Lot
  • Property is zoned rural

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,513 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Den
  • Bonus Room
  • Screened Porch
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • High-Efficiency Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38A
  • Assessor Parcel Number PALE-000004-000000-000038A-R000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,849

Year Built

Built in 1830

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 91.0
  • Road Surface Type: Paved
  • Water Body Name: Spring fed pond
  • MLS Status: Closed
  • Directions: From Rt. 3 in Palermo- take Branch Mills Rd by Tobey's General Store, to N. Palermo Rd. - left on Rowe Road- continue straight to 577 Arnold Lane. ( do not take left on Martin Woods Rd) . Property on left.
  • Above Grade Finished Sq Ft: 2513.0
  • Architectural Style: Cape, Farmhouse
  • Garage Yn: Yes
  • Efficiency: Storm Doors, High Efficiency Water Heater
  • Year Built: 1830
  • Attribution Contact: ann@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 258.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 91.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2513.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Energy Efficiency:Ceiling Fans: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Bedroom Amenities 2:Wood Burning Fireplace2: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Foundation Materials:Granite2: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Dining Room Amenities:Heat Stove11: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Advertising Remarks:Advertising Remarks: Here's a 1830's cape with all the charm you'd expect, and structural integrity. Enjoy the indoor space, or sit on the screened porch and enjoy nature with the pond and expansive sunsets! Nice backyard for gardening plus 90 wooded acres with old paths. The porch leads to the cathedral ceiling living room and open kitchen. The beautiful updated kitchen offers plenty of cabinets, granite counters and new appliances, plus a great walk-in pantry with laundry. Separate formal dining room, family room, media room and den with plenty of space to live. Three bedrooms, 2.5 baths. A first floor primary bedroom suite has plenty of natural light, cathedral ceiling, walk-in closet and updated bath. This tiled bath offers double sinks, custom walk-in shower and soaking tub. First floor half bath for guest. Upstairs are two more bedrooms and full bath. The home has been loving restored with the help of Les Fossil of Restoration Resources in Alna. Less than 10 minutes to Tobey's General Store. Convenient to Hannaford grocers in China.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Pantry, Primary Bedroom w/Bath
  • 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
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, On Site, Detached

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3963960.0
  • Parcel #: PALE-000004-000000-000038A-R000000
  • Zoning: rural

Tax Info

  • Tax Annual Amount: 3849.0
  • Tax Lot: 38A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 15, 2024
Sold by
Jonelis John S and Heil Matthew F
Bought by
Hine Sarah and Hine George D
Seller's Agent
Ann Castonguay
Sprague & Curtis Real Estate
Buyer's Agent
Nicholas Avery
Real Broker
List Price
$650,000
Sold Price
$650,000
Views
12
Current Estimated Value
$660,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,978
Avg. Annual Appreciation
1.53%
Original Mortgage
$650,000
Outstanding Balance
$643,529
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$17,449

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 30, 2020
Sold by
Campbell Steven H
Bought by
Heil Matthew F and Jonelis John S
Seller's Agent
Lori Dube
Sprague & Curtis Real Estate
Buyer's Agent
Ann Castonguay
Sprague & Curtis Real Estate
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hine Sarah -- None Available
Hine Sarah -- None Available
Heil Matthew F -- None Available
Heil Matthew F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hine Sarah $650,000
Closed Hine Sarah $650,000
Previous Owner Heil Matthew F $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $650,000 0.0% $259 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $650,000 +75.7% $259 / Sq Ft
10/30/2020 10/30/20 Sold $370,000 -7.3% $150 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $399,000 -- $162 / 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 $4,030 $350,400 $71,800 $278,600
2023 $3,849 $349,900 $71,300 $278,600
2022 $3,638 $349,800 $71,200 $278,600
2021 $4,646 $336,700 $71,200 $265,500
2020 $4,560 $337,800 $72,300 $265,500
2019 $4,490 $337,600 $72,100 $265,500
2018 $4,301 $338,700 $73,200 $265,500
2017 $4,536 $338,500 $73,000 $265,500
2016 $4,431 $335,700 $74,700 $261,000
2015 $4,372 $328,700 $68,100 $260,600
2013 $4,232 $368,000 $98,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1603271

Maine Listings

APN: PALE-000004-000000-000038A-R000000