NOT LISTED FOR SALE

640 Salem Rd Phillips, ME 04966

Estimated Value: $266,939 - $432,000

4 Beds
2 Baths
1,654 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $168,000 $102 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,045/month

302 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Scenic Views
  • Wooded Lot
  • Home fronts a pond
  • Cape Cod Architecture
  • Vaulted Ceiling

About This Home

As of July 2016

Special property for sale that includes home with 4 beds & 2 baths. Has vaulted ceilings with hand hewn beams in living room. Full, walkout basement with high ceilings. Detached 4 car tandem garage with 2 carports. Includes 14 acres - or purchase MLS 1236279 with 50 acres of mostly wooded big pine, birch, spruce & cedar trees & abundant wildlife, a gorgeous 5-6 acre spring fed stocked trout pond with nice cabin, outhouse & waterwheel. Miles of gravel roads & possible building lot with views of Blue Mountains.

Last Agent to Sell the Property

Charmaine Raby

Fontaine Family-The Real Estate Leader Listed on: 09/07/2015

Last Buyer's Agent

Charmaine Raby

Fontaine Family-The Real Estate Leader Listed on: 09/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1978

Lot Details

  • 14 Acre Lot
  • Home fronts a pond
  • 350 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned rural,rp

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Chalet
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,654 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Great Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Detached Garage
  • Carport
  • Parking Storage or Cabinetry
  • Tandem Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Shed
  • Outbuilding
  • Outhouse

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Underground Utilities
  • Natural Gas Not Available
  • Private Water Source
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 640SalemRoadPhillipsMaine04966

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,232

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.0
  • Road Surface Type: Paved
  • Water Body Name: 1 acre trout pond
  • MLS Status: Closed
  • Directions: From Phillips, take 142 towards Salem approximately 5 miles. Property is on left. See sign.
  • Above Grade Finished Sq Ft: 1654.0
  • Architectural Style: Chalet, Cape, Other Style, Ranch
  • Garage Yn: Yes
  • Year Built: 1978
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 14.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1654.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 350.0
  • Water Info:Water Frontage Owned -: 350.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Satellite Dish: Yes
  • Vehicle Storage:Storage Above: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Water Heater:Tank: Yes
  • Vehicle Storage:Carport: Yes
  • Electric:Underground: Yes
  • Heat Fuel:Multi-Fuel System: Yes
  • Great Room Amenities:Vaulted Ceiling11: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Great Room Amenities:Wood Burning Fireplace11: Yes
  • Vehicle Storage:Tandem: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Other Structures:OuthousePrivy: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Rural
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Outhouse/Privy, Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Garage Door Opener, Carport, Detached, Storage, Tandem

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Other, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 609840.0
  • Parcel #: 640SalemRoadPhillipsMaine04966
  • Zoning: rural,rp

Tax Info

  • Tax Annual Amount: 3232.0
  • Tax Book Number: 3299
  • Tax Lot: 38
  • Tax Map Number: 4
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2015
Closed on
Jul 27, 2016
Sold by
Arms Daniel R
Bought by
Martinez Jose and Martinez Helga
Seller's Agent
Charmaine Raby
Fontaine Family-The Real Estate Leader
Buyer's Agent
Charmaine Raby
Fontaine Family-The Real Estate Leader
List Price
$225,000
Sold Price
$168,000
Premium/Discount to List
-$57,000
-25.33%
Current Estimated Value
$325,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,313
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jan 5, 2015
Sold by
Arms Daniel R
Bought by
Moreschi Todd R and Moreschi Leah M

Purchase Details

Closed on
Mar 19, 2014
Sold by
Arms Daniel R
Bought by
Arms Richard
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
Martinez Jose -- --
Moreschi Todd R -- --
Arms Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose $218,300
Closed Martinez Jose $75,000
Previous Owner Arms Daniel R $100,000
Previous Owner Arms Daniel R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $168,000 -25.3% $102 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
09/07/2015 09/07/15 For Sale $225,000 -- $136 / 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 $3,262 $146,265 $21,245 $125,020
2023 $2,818 $146,794 $21,774 $125,020
2022 $2,835 $146,888 $21,868 $125,020
2021 $3,012 $146,918 $21,898 $125,020
2020 $3,223 $147,160 $22,140 $125,020
2019 $3,281 $147,120 $22,100 $125,020
2018 $3,367 $147,020 $22,000 $125,020
2017 $3,186 $146,820 $21,800 $125,020
2016 $3,486 $162,918 $37,898 $125,020
2015 $3,448 $159,638 $34,618 $125,020
2013 $3,310 $159,154 $34,134 $125,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1236519

Maine Listings

APN: PHIS-000004R-000000-000038