NOT LISTED FOR SALE

631 W Burrough Rd Bowdoin, ME 04287

Estimated Value: $544,000 - $797,000

3 Beds
2 Baths
3,000 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $540,000 $180 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,083/month

21 Days on Market

Highlights

  • Scenic Views
  • Colonial Architecture
  • No HOA
  • 56.7 Acre Lot
  • Wooded Lot
  • 2 Car Detached Garage

About This Home

As of June 2022

Excellent location for living or development. This private home in a country setting will provide you with peace and quiet, while also maintaining close proximity to Portland and Lewiston/Auburn. 56.7 acres of Privacy has the homestead you seek with room for expansion and just a short drive to either I-95 or I-295. The large two story 1500 SF barn has a dedicated onsite transformer with a 600 amp service and separately drilled well. There is a natural pond surrounding property, with lots of forest and pastures. Come check out the potential this property has to offer!

Last Agent to Sell the Property

Brent Maurice

F.O. Bailey Real Estate Listed on: 03/18/2022

Last Buyer's Agent

Roslyn Fine

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 2008

Lot Details

  • 56.7 Acre Lot
  • Dirt Road
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 03 / 39
  • Assessor Parcel Number BOWD-000003-000000-000039-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 56.7
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Coming from Portland, Maine: -Get on I-295 N/US-1 N -Follow I-295 N to ME-196 W/Lewiston Rd in Topsham. Take exit 31 from I-295 N -Continue on ME-196 W. Drive to Burrough Rd in Bowdoin
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2008
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 56.7
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3000.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Dining Room:Dining Room: Yes
  • Floors:Laminate: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Open Lot, Wooded, Near Town
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 2469852.0
  • Parcel #: BOWD-000003-000000-000039-000003
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 943.0
  • Tax Block: 39
  • Tax Book Number: 2018R
  • Tax Lot: 03
  • Tax Map Number: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jun 17, 2022
Sold by
Podd Kevin
Bought by
Mcavoy Marjorie and Mcavoy Timothy
Seller's Agent
Brent Maurice
F.O. Bailey Real Estate
Buyer's Agent
Roslyn Fine
Portside Real Estate Group
List Price
$615,000
Sold Price
$540,000
Premium/Discount to List
-$75,000
-12.2%
Current Estimated Value
$645,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,310
Avg. Annual Appreciation
6.79%
Original Mortgage
$432,000
Outstanding Balance
$413,940
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,146

Purchase Details

Closed on
Feb 21, 2018
Sold by
Lilly Darren A
Bought by
Podd Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2016
Sold by
Lilly Kelly L
Bought by
Lilly Darren

Purchase Details

Closed on
Jun 12, 2008
Sold by
Lilly Darren A
Bought by
Lilly Darren A and Lilly Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Mcavoy Marjorie $540,000 None Available
Mcavoy Marjorie $540,000 None Available
Podd Kevin P -- --
Lilly Darren -- --
Lilly Darren A -- --
Podd Kevin P -- --
Lilly Darren -- --
Lilly Darren A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcavoy Marjorie $175,000
Open Mcavoy Marjorie $432,000
Closed Mcavoy Marjorie $432,000
Previous Owner Podd Kevin P $256,500
Previous Owner Lilly Darren A $214,030
Previous Owner Lilly Darren A $215,115
Previous Owner Lilly Darren A $210,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $540,000 -12.2% $180 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $615,000 -- $205 / 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 $6,596 $680,000 $233,800 $446,200
2023 $6,616 $363,500 $105,000 $258,500
2022 $6,374 $377,160 $105,000 $272,160
2021 $5,079 $305,980 $45,700 $260,280
2020 $4,896 $305,980 $45,700 $260,280
2019 $4,834 $305,980 $45,700 $260,280
2018 $4,620 $305,980 $45,700 $260,280
2017 $4,583 $305,560 $45,280 $260,280
2016 $4,492 $305,560 $45,280 $260,280
2015 $4,461 $305,560 $45,280 $260,280
2014 $4,247 $305,560 $45,280 $260,280
2013 $3,972 $305,560 $45,280 $260,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1521920

Maine Listings

APN: BOWD-000003-000000-000039-000003