NOT LISTED FOR SALE

Estimated Value: $318,000 - $366,000

40 Acres
$8,676 Price per Acre
1,728,461 Sq Ft Lot

Last Sold June 01, 2023

Last sale price $330,000

Est. 4% increase in value since last sale

Current estimated payment $2,337/month

191 Days on Market

Highlights

  • View of Trees or Woods
  • 39.68 Acre Lot
  • No HOA
  • Orono Middle School Rated A
  • Wooded Lot
  • Interior Lot

About This Lot

As of June 2023

40 acres in the heart of Orono. This property is perfect to be subdivided. Located between Spencer Street and Westwood Drive, this property had been formerly subdivided and was never actually developed. This could be revisited or subdivided to your choosing. A truly great investment opportunity.

Last Agent to Sell the Property

Michael Cole

Keller Williams Realty Listed on: 04/18/2023

Keller Williams Realty

Last Buyer's Agent

Jennifer Khavari

NextHome Experience

NextHome Experience

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,966

Lot Details

  • 39.68 Acre Lot
  • Street terminates at a dead end
  • Interior Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned MDR

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near a golf course
  • Suburban Location

Additional Features

  • Views of Woods
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number Map27Lot6offSpencerStreet

Property Details

Property Type

Land

Est. Annual Taxes

$4,966

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 39.68
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main Street in Orono, turn onto Spencer Street. The property starts at the end of Spencer Street.
  • Property Information:Lot Size Acres -: 39.68
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Parking:On Site2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: Unknown
  • Utility Info Electric On Site: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Interior Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Suburban
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, On Site

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 26

Lot Info

  • Lot Size Sq Ft: 1728460.8
  • Parcel #: Map27Lot6offSpencerStreet
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 12222
  • Tax Lot: 6
  • Tax Map Number: 27
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2008
Sold by
Cote Cheryll F
Bought by
Kurbatov Andrei and Wilson Tiffany A
Current Estimated Value
$344,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.22%
Mortgage Type
FHA
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
Kurbatov Andrei -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurbatov Andrei $167,900
Closed Kurbatov Andrei $175,750
Previous Owner Cote Cheryll F $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $330,000 -15.2% --
10/15/2022 10/15/22 For Sale $389,000 -- --
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 $4,966 $232,600 $60,400 $172,200
2023 $4,949 $211,500 $54,900 $156,600
2022 $5,034 $211,500 $54,900 $156,600
2021 $5,023 $211,500 $54,900 $156,600
2020 $4,792 $170,600 $59,500 $111,100
2019 $4,512 $170,600 $59,500 $111,100
2018 $4,606 $170,600 $59,500 $111,100
2017 $4,436 $170,600 $59,500 $111,100
2016 $4,239 $170,600 $59,500 $111,100
2015 $4,163 $170,600 $59,500 $111,100
2014 $4,069 $170,600 $59,500 $111,100
2013 $3,958 $170,600 $59,500 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1545998

Maine Listings

APN: ORON-027004-000000-000018