NOT LISTED FOR SALE

587 Pine Tree Rd Hermon, ME 04401

Estimated Value: $262,610 - $289,000

4 Beds
2 Baths
1,732 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $180,000 $104 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,593/month

57 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • No HOA
  • Main Floor Bedroom
  • Sun or Florida Room
  • Living Room

About This Home

As of December 2021

Don't miss out on your chance at Hermon's newest AFFORDABLE listing! This farmhouse with welcoming updates sits on a quiet 1.17 acre lot just outside of town. With 4 bedrooms and 2 bathrooms there is room for the whole family. The attached barn and spacious yard can be used to fulfill are your homesteading dreams! This Hermon Farmhouse is ready to welcome it's new owners. Call today to set up your showing.

Last Agent to Sell the Property

Sarah Ryan

NextHome Experience Listed on: 09/22/2021

NextHome Experience

Last Buyer's Agent

Nancy Tracy

Coldwell Banker American Heritage

Coldwell Banker American Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1900

Lot Details

  • 1.17 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,732 Sq Ft Home
  • Living Room
  • Sun or Florida Room

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number 587PineTreeRdHermon04401

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,131

Year Built

Built in 1900

Lot Details

1.17 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From union street in Bangor, take a left onto Billings road, right onto fuller and a right onto pine tree road, house is on the right, sign is up.
  • Above Grade Finished Sq Ft: 1732.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 101.04
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1732.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Don't miss out on your chance at Hermon's newest AFFORDABLE listing! This farmhouse with welcoming updates sits on a quiet 1.17 acre lot just outside of town. With 4 bedrooms and 2 bathrooms there is room for the whole family. The attached barn and spacious yard can be used to fulfill are your homesteading dreams! This Hermon Farmhouse is ready to welcome it's new owners. Call today to set up your showing.
  • Special Features: None

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Rural
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Forced Air, Hot Air
  • 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: 50965.2
  • Parcel #: 587PineTreeRdHermon04401
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1130.66
  • Tax Lot: 01
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Dec 3, 2021
Sold by
Tarr Brett
Bought by
Segee Laurel J and Segee Jamie E
Seller's Agent
Sarah Ryan
NextHome Experience
Buyer's Agent
Nancy Tracy
Coldwell Banker American Heritage
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$272,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,403
Avg. Annual Appreciation
10.14%
Original Mortgage
$176,739
Outstanding Balance
$161,839
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$110,565

Purchase Details

Closed on
Jun 13, 2019
Sold by
Tarr Brett
Bought by
Tarr Brett

Purchase Details

Closed on
May 16, 2019
Sold by
Tarr Brett
Bought by
Tarr Brett

Purchase Details

Closed on
Aug 3, 2010
Sold by
Moore Angie C
Bought by
Tarr Brett E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,376
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segee Laurel J -- None Available
Tarr Brett -- --
Tarr Brett -- --
Tarr Brett E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segee Laurel J $176,739
Previous Owner Tarr Brett E $83,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $180,000 -9.5% $104 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $199,000 -- $115 / Sq Ft
Source: Maine Listings

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 $1,655 $151,800 $46,000 $105,800
2023 $1,759 $149,700 $42,900 $106,800
2022 $1,476 $124,000 $38,100 $85,900
2021 $1,453 $121,200 $36,900 $84,300
2020 $1,430 $119,300 $36,000 $83,300
2019 $1,403 $117,000 $37,000 $80,000
2018 $1,125 $117,000 $37,000 $80,000
2017 $869 $91,200 $38,900 $52,300
2016 $1,052 $87,700 $37,400 $50,300
2015 $1,025 $85,400 $36,000 $49,400
2014 $1,013 $84,383 $35,976 $48,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1504671

Maine Listings

APN: HERM-000046-000001

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