NOT LISTED FOR SALE

816 Route 3 Palermo, ME 04354

Estimated Value: $350,000 - $446,000

4 Beds
2.5 Baths
2,395 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $301,000 $126 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,541/month

108 Days on Market

Highlights

  • Cape Cod Architecture
  • 3 Car Direct Access Garage
  • Tile Flooring
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of June 2023

What a great opportunity to build equity and have tenants help pay your mortgage. This well maintained 4 bedroom 2.5 bath home has so much flexibility to be used as a single home or split into a two unit with separate garage space and entrance. Set upon just under an acre of land this home boasts two bedrooms and an office space in the main house with an open concept kitchen and dining area, washer and dryer on the second floor. The auxiliary unit has its own garage area and separate entrance to the two bedroom apartment with full kitchen and bath.

Last Agent to Sell the Property

Max Ross

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 12/29/2022

Last Buyer's Agent

Lori Dube

Sprague & Curtis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 2004

Lot Details

  • 0.9 Acre Lot
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 3 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,395 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43-4
  • Assessor Parcel Number PALE-000002-000000-000043-000004-R

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2395.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2004
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.9
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2395.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 3.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Other, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: PALE-000002-000000-000043-000004-R
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2764.0
  • Tax Book Number: 2586
  • Tax Lot: 43-4
  • Tax Map Number: R2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jun 23, 2023
Sold by
Jennings Douglas Est and Jennings
Bought by
Robbins Calvin W and Waterhouse Christine S
Seller's Agent
Max Ross
Pouliot Real Estate
Buyer's Agent
Lori Dube
Sprague & Curtis Real Estate
List Price
$395,000
Sold Price
$301,000
Premium/Discount to List
-$94,000
-23.8%
Current Estimated Value
$413,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,997
Avg. Annual Appreciation
15.00%
Original Mortgage
$291,500
Outstanding Balance
$285,491
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,757
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
Robbins Calvin W $301,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbins Calvin W $291,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $301,000 -23.8% $126 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $395,000 -- $165 / 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 $3,416 $297,000 $29,500 $267,500
2023 $3,267 $297,000 $29,500 $267,500
2022 $3,089 $297,000 $29,500 $267,500
2021 $2,764 $200,300 $29,500 $170,800
2020 $2,704 $200,300 $29,500 $170,800
2019 $2,664 $200,300 $29,500 $170,800
2018 $2,544 $200,300 $29,500 $170,800
2017 $2,684 $200,300 $29,500 $170,800
2016 $2,644 $200,300 $29,500 $170,800
2015 $2,664 $200,300 $29,500 $170,800
2013 $2,367 $205,800 $29,500 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1550176

Maine Listings

APN: PALE-000002-000000-000043-000004-R