Seller's Agent in 2024
Tracy Ostlund
NextHome Discover
(207) 551-5083
171 Total Sales
701 Ludlow Rd Ludlow, ME 04730
Estimated Value: $84,000 - $123,984
3
Beds
1
Bath
1,118
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Barn
- Wood Flooring
- No HOA
- Mill Pond School Rated 10
- New Englander Architecture
- Built-In Features
About This Home
As of June 2024Welcome to 701 Ludlow Road! Here you will find a classic 3 -4 bedroom farmhouse located just 5 minutes outside of town in Ludlow ME. This home is just waiting for someone to take advantage of all that it has to offer. Lets start with the big ticket items, foundation was updated in the 60's and is very solid, vinyl windows, metal roof put on in 2018 and a Thermopride FHA furnace as well as a woodstove installed in tandem so you can heat with either one or both!
Upon entering the home on the heated porch is the washer and dryer, from there you are in the dining room. The main floor of the home covers the Kitchen, Dining room, Living room, full bath and a room that could be a den/home office or potentially be a bedroom. The second floor offers 3 bedrooms as well as some unfinished space with a half bath set up.
The attached barn/shed offers a heated workshop area as well as an unfinished space that was originally intended to be an in law apartment. It will take some work but the possibilities are here for the adventure enthusiast! The property is being sold As Is and the home has been smoked in.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,423
Lot Details
- 0.44 Acre Lot
- Rural Setting
- Level Lot
- Open Lot
- Property is zoned Rural
Parking
- Gravel Driveway
Home Design
- New Englander Architecture
- Farmhouse Style Home
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 1,118 Sq Ft Home
- Built-In Features
- Living Room
- Dining Room
Kitchen
- Stove
- Gas Range
- <<microwave>>
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Wood
- Private Water Source
- Electric Water Heater
- Private Sewer
- Satellite Dish
Additional Features
- Shed
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 001670821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Jun 14, 2024
Sold by
Slauenwhite Melanie L
Bought by
Doughty Timothy and Corbin Denice
Seller's Agent
Tracy Ostlund
NextHome Discover
Buyer's Agent
Tracy Ostlund
NextHome Discover
List Price
$79,900
Sold Price
$90,000
Premium/Discount to List
$10,100
12.64%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,496
Avg. Annual Appreciation
15.60%
Original Mortgage
$81,000
Outstanding Balance
$80,347
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,057
Purchase Details
Closed on
Dec 27, 2017
Sold by
Davis Paul C
Bought by
Davis Paul C and Slauenwhite Melanie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Doughty Timothy | $90,000 | None Available | |
| Doughty Timothy | $90,000 | None Available | |
| Davis Paul C | -- | -- | |
| Davis Paul C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doughty Timothy | $81,000 | |
| Closed | Doughty Timothy | $81,000 | |
| Previous Owner | Davis Paul C | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $90,000 | +12.6% | $81 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | Price Changed | $79,900 | 0.0% | $71 / Sq Ft |
| 05/03/2024 05/03/24 | For Sale | $79,900 | -20.0% | $71 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 01/20/2024 01/20/24 | Price Changed | $99,900 | -16.7% | $89 / Sq Ft |
| 12/12/2023 12/12/23 | For Sale | $119,900 | -- | $107 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,538 | $88,925 | $13,250 | $75,675 |
| 2023 | $1,423 | $88,925 | $13,250 | $75,675 |
| 2022 | $1,352 | $71,140 | $10,600 | $60,540 |
| 2021 | $1,373 | $71,140 | $10,600 | $60,540 |
| 2020 | $1,494 | $71,140 | $10,600 | $60,540 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Ostlund
Map
Source: Maine Listings
MLS Number: 1579072
APN: LUDW M:7 L:3
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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