NOT LISTED FOR SALE

8 University Place Orono, ME 04473

Estimated Value: $496,000 - $576,000

3 Beds
2 Baths
1,812 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $515,000 $284 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,571/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 133 Feet of Waterfront
  • Cape Cod Architecture
  • Orono Middle School Rated A
  • 1.17 Acre Lot
  • Wood Flooring

About This Home

As of July 2024

Here's your little piece of heaven on the Stillwater River in the heart of Orono! It's close to downtown and a short walk to the UM campus but once you're on the property you'll feel like you've found your sanctuary. The home is loaded with character and charm and outside you're surrounded by mature trees, shrubs, and gardens. This would be a great work from home property. As you enter the foyer/mud room you'll have a wall of closets to handle all your coat storage needs. This space is heated with a Rinnai propane unit. The living room is large and has a beamed ceiling, a fireplace with a woodstove insert, built-in bookcases on each side of the fireplace, and French doors leading out to a screened room for those warm summer nights. The dining room and the kitchen have tin ceilings. The kitchen also has stainless appliances including a dual-fuel gas range, refrigerator, dishwasher, tile flooring, and recessed LED lighting. A large first floor bedroom and a full bath create convenience if one floor living is ever needed. As you go up the stairs to the second floor you'll enter a room with versatility. Think den, office, studio etc. There are two pleasant bedrooms and a second full bath too. Hardwood floors through most of the house add to the charm. Three heat pumps added in 2023 provide versatility to heating and cooling. All that's left to do is to grab your canoe or kayak and get out on the river and enjoy life!

Last Agent to Sell the Property

Russell Harrington

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/30/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Pauline Rock

ERA Dawson-Bradford Co.

ERA Dawson-Bradford Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 1927

Lot Details

  • 1.17 Acre Lot
  • 133 Feet of Waterfront
  • River Front
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is zoned MDR

Parking

  • 1 Car Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,812 Sq Ft Home
  • Built-In Features
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Den
  • Screened Porch

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shed

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number ORON-019004-000000-000071

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,607

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • Water Body Name: Stillwater River
  • MLS Status: Closed
  • Directions: From Main Street in Orono bear left onto College Avenue. University Place is the first left off College Avenue. #8 is on the left. House isn't very visible from the street.
  • Above Grade Finished Sq Ft: 1812.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: Yes
  • Year Built: 1927
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1812.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Heat System:Steam: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 133.0
  • Water Info:Water Frontage Owned -: 133.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Room Features:Built-Ins30: Yes
  • Exterior:Aluminum Siding: Yes
  • Den:Den: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Vehicle Storage:Under: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: 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: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Intown, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Composition, Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Steam, Heat Pump, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: ORON-019004-000000-000071
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 5607.0
  • Tax Lot: 71
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 2, 2024
Sold by
Jemison Shelley and Jemison John M
Bought by
Ross Jennifer L and Greeley Maxfield A
Seller's Agent
Russell Harrington
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Pauline Rock
ERA Dawson-Bradford Co.
List Price
$498,000
Sold Price
$515,000
Premium/Discount to List
$17,000
3.41%
Views
13
Current Estimated Value
$539,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,635
Avg. Annual Appreciation
3.60%
Source: Public Records

Range of Values:

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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
Ross Jennifer L $515,000 None Available
Ross Jennifer L $515,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $515,000 +3.4% $284 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $498,000 -- $275 / 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 $8,952 $419,300 $73,400 $345,900
2023 $5,607 $239,600 $66,700 $172,900
2022 $5,655 $237,600 $66,700 $170,900
2021 $5,643 $237,600 $66,700 $170,900
2020 $7,421 $264,200 $150,800 $113,400
2019 $6,988 $264,200 $150,800 $113,400
2018 $7,133 $264,200 $150,800 $113,400
2017 $6,869 $264,200 $150,800 $113,400
2016 $6,565 $264,200 $150,800 $113,400
2015 $6,446 $264,200 $150,800 $113,400
2014 $6,301 $264,200 $150,800 $113,400
2013 $6,129 $264,200 $150,800 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591513

Maine Listings

APN: ORON-019004-000000-000071