NOT LISTED FOR SALE

72 Settlers Way Orrington, ME 04474

Estimated Value: $264,000 - $366,000

3 Beds
1 Bath
1,500 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $245,000 $163 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,981/month

220 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Cape Cod Architecture
  • Mud Room
  • 200 Feet of Waterfront
  • Wood Flooring
  • No HOA

About This Home

As of April 2023

STUNNING RIVER VIEWS in one of the best Riverfront Locations in Orrington! Settlers Way is a peaceful, village-type setting with only local traffic. This Charming 1800's cape has been lovingly maintained by the same family since 1961, & enjoys Spectacular Southern Views of the Penobscot River, as well as 200' of river frontage. There are blackberry & raspberry bushes on the property and the public boat landing is only a short distance away. This solid home has undergone many important updates, while maintaining much of its original charm. Make this YOUR new home!

Last Agent to Sell the Property

Terri Prescott

ERA Dawson-Bradford Co. Listed on: 01/30/2023

ERA Dawson-Bradford Co.

Last Buyer's Agent

Sasha Werner

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1850

Lot Details

  • 1.66 Acre Lot
  • 200 Feet of Waterfront
  • River Front
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Mud Room
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number ORRI-000011-000000-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.66
  • Road Surface Type: Paved
  • Water Body Name: Penobscot River
  • MLS Status: Closed
  • Directions: Rte 15 South to Blake Road - turn left on Settlers Way - property on right.
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.66
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Foundation Materials:Granite2: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 72309.6
  • Parcel #: ORRI-000011-000000-000001
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2079.0
  • Tax Book Number: 1787
  • Tax Lot: 1
  • Tax Map Number: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 5, 2023
Sold by
Vachon Robert A and Vachon Nancy J
Bought by
Riedel Michael M
Seller's Agent
Terri Prescott
ERA Dawson-Bradford Co.
Buyer's Agent
Sasha Werner
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$350,000
Sold Price
$245,000
Premium/Discount to List
-$105,000
-30%
Total Days on Market
220
Current Estimated Value
$326,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,908
Avg. Annual Appreciation
8.52%
Original Mortgage
$232,750
Outstanding Balance
$227,373
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,277
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
Riedel Michael M $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedel Michael M $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $245,000 -2.0% $163 / Sq Ft
10/25/2022 10/25/22 Price Changed $249,900 -28.6% $167 / Sq Ft
07/28/2022 07/28/22 For Sale $350,000 -- $233 / 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 $2,401 $220,300 $84,400 $135,900
2023 $2,114 $192,200 $78,500 $113,700
2022 $2,290 $179,600 $81,200 $98,400
2021 $2,544 $169,600 $81,200 $88,400
2020 $2,581 $162,300 $81,200 $81,100
2019 $2,568 $161,500 $81,200 $80,300
2018 $2,245 $161,500 $81,200 $80,300
2017 $2,245 $161,500 $81,200 $80,300
2016 $2,065 $143,900 $48,600 $95,300
2015 $2,065 $143,900 $48,600 $95,300
2014 $1,963 $136,800 $48,600 $88,200
2013 $1,840 $136,800 $48,600 $88,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1538021

Maine Listings

APN: ORRI-000011-000000-000001