$58,000
SOLD AUG 28, 2020

86 Quarry Rd Mechanic Falls, ME 04256

2 Beds
1 Bath
1,008 Sq Ft
5.5 Acres

Recently Sold

$58 Per Sq Ft

22% Below List Price

45 Days on Market

Highlights

  • 5.5 Acre Lot
  • No HOA
  • Hot Water Heating System
  • Ranch Style House
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of March 2021

Price Reduced! Wow, nice private lot with large detached garage. Much potential here. Come take a look!


FHA case #231-125452, SOLD AS IS. Prop Avail 01-23-2020, Bid deadline by 11:59 PM (CT) daily until sold. UK (Uninsured, Eligible for 203k financing)*Subject to an FHA appraisal, Buyer selects Closing Agent/Firm. Finance Terms: FHA203K, Cash, and Conv. *. See attachments for repair and flood zone information and other HUD forms and disclosures. * Please make an appointment to view this home with a Real Estate Agent or Broker of your choice. *Built prior to 1978 see LBP addendum

Last Agent to Sell the Property

Dan Bolling

Dan The Man Real Estate Listed on: 01/18/2020

Last Buyer's Agent

Gina Letourneau-Masiello

Berkshire Hathaway HomeServices Northeast Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 5.5 Acre Lot
  • Dirt Road
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • 1,008 Sq Ft Home
  • Ranch Style House
  • Wood Frame Construction
  • Pitched Roof
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 012
  • Assessor Parcel Number MECH-000015-000000-000012

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.5
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Long ROW / dirt driveway off North St, follow to end on left, ***Very rough road, need a large 4 wheel drive vehicle...
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1976
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1008.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Lot Features: Right of Way, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Pitched

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 239580.0
  • Parcel #: MECH-000015-000000-000012
  • Zoning: Unknown

Tax Info

  • Tax Annual Amount: 2391.0
  • Tax Book Number: 9581
  • Tax Lot: 012
  • Tax Map Number: 015
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 19, 2021
Sold by
Applewood Acres Llc
Bought by
Freund Eric P and Freund Jennifer P
Seller's Agent
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Nycole Greene
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$331,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,421
Avg. Annual Appreciation
8.78%
Original Mortgage
$184,000
Outstanding Balance
$167,426
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$163,995

Purchase Details

Listed on
Jan 18, 2020
Closed on
Sep 4, 2020
Sold by
Royal River Llc
Bought by
Applewood Acres Llc
Seller's Agent
Dan Bolling
Dan The Man Real Estate
Buyer's Agent
Gina Letourneau-Masiello
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$74,000
Sold Price
$58,000
Premium/Discount to List
-$16,000
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1070.56%
Original Mortgage
$80,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
1St Alliance Lending Llc
Bought by
Usa Hud

Purchase Details

Closed on
Apr 20, 2017
Sold by
1St Alliance Lending Llc
Bought by
1St Alliance Lending Llc

Purchase Details

Closed on
Jan 12, 2015
Sold by
Flanders Joseph Est
Bought by
Flanders Kelly and Flanders Rachel

Purchase Details

Closed on
Nov 15, 2011
Sold by
Flanders Joseph L and First Franklin Mtg Loan T
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Dec 9, 2008
Sold by
Flanders Joseph L and Flanders Rachel
Bought by
Flanders Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,112
Interest Rate
6.11%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Foreclosure Deed $132,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 Stand Alone Refi Refinance Of Original Loan
Closed $184,000 Purchase Money Mortgage
Previous Owner $80,000 New Conventional
Previous Owner $109,112 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $230,000 -4.1% $152 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $239,900 +313.6% $159 / Sq Ft
08/28/2020 08/28/20 Sold $58,000 -21.6% $58 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $74,000 -- $73 / 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 $3,820 $248,036 $66,600 $181,436
2023 $3,473 $248,036 $66,600 $181,436
2022 $2,586 $116,212 $30,900 $85,312
2021 $2,465 $114,114 $30,900 $83,214
2020 $2,448 $114,114 $30,900 $83,214
2019 $2,391 $114,114 $30,900 $83,214
2018 $2,488 $114,114 $30,900 $83,214
2017 $2,511 $114,114 $30,900 $83,214
2016 $2,433 $114,114 $30,900 $83,214
2015 $2,442 $114,114 $30,900 $83,214
2014 $2,419 $114,114 $30,900 $83,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1440753

Maine Listings

APN: MECH-000015-000000-000012