NOT LISTED FOR SALE

8 Edgewater Ln Hermon, ME 04401

Estimated Value: $93,000 - $248,000

2 Beds
1 Bath
900 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $70,000 $78 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,166/month

4 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Main Floor Bedroom
  • Cottage
  • Home fronts a pond
  • No HOA
  • Porch

About This Home

As of March 2021

Cozy Cottage with 75 feet of frontage on Hermon Pond. Enjoy the views from the lakeside porch, sheltered by a concrete wall. A bedroom on the first floor with full loft sleeping area. There is also a shed for storage of the toys and tools.

Last Agent to Sell the Property

David Caliendo

CENTURY 21 Queen City Real Estate Listed on: 03/04/2021

CENTURY 21 Queen City Real Estate

Last Buyer's Agent

Nicole Bartholomew

Realty of Maine

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1938

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a pond
  • 75 Feet of Waterfront
  • Rural Setting
  • Seasonal Access to Property
  • Open Lot
  • Property is zoned Limited RE Shoreland

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Space Heater
  • Natural Gas Not Available
  • The lake is a source of water for the property

Community Details

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 017
  • Assessor Parcel Number HERM-000012-000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,454

Year Built

Built in 1938

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Water Body Name: Hermon Pond
  • MLS Status: Closed
  • Subdivision Name: none
  • Directions: From the intersection of Route # 2 and Bog Road in Hermon, west onto Bog Road for about a mile, then right onto Smith Road, then Right onto Greek Landing, then right onto Edgewater, home is the first on your left.
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1938
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 77.78
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 900.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: Yes
  • Heat System:Space Heater: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: HERMON - 4 Room 2 Bedroom 1 Bath -Cozy Cottage with 75 feet of frontage on Hermon Pond. Enjoy the views from the lakeside porch, sheltered by a concrete wall. A bedroom on the first floor with full loft sleeping area. There is also a shed for storage of the toys and tools.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Partial, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hermon Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: HERM-000012-000017
  • Zoning: Limited RE Shoreland

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Lot: 017
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 24, 2021
Sold by
Fnma
Bought by
Nutter Scott F and Linscott Laurie L
Seller's Agent
David Caliendo
CENTURY 21 Queen City Real Estate
Buyer's Agent
Nicole Bartholomew
Realty of Maine
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$192,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,849
Avg. Annual Appreciation
22.47%

Purchase Details

Closed on
Jan 2, 2007
Sold by
Doak Mary E
Bought by
Doak Amie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nutter Scott F $70,000 None Available
Doak Amie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doak Amie $84,000
Previous Owner Doak Amie $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $70,000 0.0% $78 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $70,000 -- $78 / Sq Ft
Source: Maine Listings

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 $1,712 $157,100 $27,400 $129,700
2023 $1,915 $163,000 $25,500 $137,500
2022 $1,521 $127,800 $22,700 $105,100
2021 $1,488 $124,100 $22,000 $102,100
2020 $1,454 $121,300 $21,400 $99,900
2019 $1,414 $117,900 $20,900 $97,000
2018 $1,136 $117,900 $20,900 $97,000
2017 $902 $93,900 $28,200 $65,700
2016 $1,099 $91,600 $27,200 $64,400
2015 $1,072 $89,300 $26,100 $63,200
2014 $1,046 $87,193 $26,143 $61,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1483467

Maine Listings

APN: HERM-000012-000017

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