D
Seller's Agent in 2022
David White
OwnerEntry.com
(617) 542-9300
790 Total Sales
867 Ludlow Rd Ludlow, ME 04730
Estimated Value: $491,000 - $522,258
4
Beds
2.5
Baths
4,600
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- 2,550 Feet of Waterfront
- Public Beach
- Finished Room Over Garage
- Mill Pond School Rated 10
- Country Club
- Scenic Views
About This Home
As of April 202280 acres with 2 separate houses: selling together as one property: 867 and 875 Ludlow Road, together: 2 independent residences with separate wells and septic systems. 1st house is a large 4000 sq.ft modern 2-story home that is 15 years old. Beautiful home with 5 bedrooms, 2.5 baths, and extra mother-in-laws kitchen area and overflow living room upstairs. Primary heat source is oil boiler that heats floor-slab on main floor and baseboard system for second floor. Oversized 2-car garage has heated floor for year-round usability. This home also has a detached secondary outbuilding that serves for equipment storage etc. 2nd home is the original farmhouse that has been remodeled and added onto to make a multi-family dwelling (3500 sq.ft. overall): currently 3 separate apartments: a 1-bedroom unit and two 2-bedroom units.....great income source to help with mortgage and expenses and/or residence for extended family members, etc. Each apartment has 1 bathroom + kitchen area......with a common laundry room facility that is shared by all. Attached 2-car garage is currently being used as storage. All three units share oil boiler for heat. Well for this triplex was recently drilled, Oct.2020. w/ new submersible pump. Associated with this triplex is also an outbuilding that functions as an insulated 4-season woodshop/workshop that has its own separate propane heat source. LAND ~ 80 acres which are bordered along backside by a year-round brook (Moose Brook). Land is 40 or so acres in fields, 40 acres in mixed woods/scrub. There is a patch of 100+ mature blueberry bushes that provide annual yield of berries. Excellent property for farming/ranching. Lots of possibilities here. Was a great homestead for raising 4 boys....with Grandma and Grandpa living next door. Great income producing setup.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,600
Year Built
- Built in 2007
Lot Details
- 80 Acre Lot
- Home fronts a stream
- 2,550 Feet of Waterfront
- Public Beach
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 4 Car Direct Access Garage
- Finished Room Over Garage
- Gravel Driveway
- Off-Street Parking
Property Views
- Scenic Vista
- Woods
- Mountain
Home Design
- Contemporary Architecture
- New Englander Architecture
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Concrete Fiber Board Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,600 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Double Pane Windows
- Mud Room
- Family Room
- Living Room
- Dining Room
- Sun or Florida Room
- Sink in Utility Room
- Home Gym
Kitchen
- Eat-In Kitchen
- Stove
- Gas Range
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Jetted Tub in Primary Bathroom
- Secondary Bathroom Jetted Tub
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Dirt Floor
- Crawl Space
Outdoor Features
- River Nearby
- Deck
- Outbuilding
Farming
- Farm
- Agricultural
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Heating System Uses Wood
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- Oil Water Heater
- Septic System
- Private Sewer
Additional Features
- Level Entry For Accessibility
- Property is near a golf course
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 41715-07-22
Community Details
Recreation
- Country Club
Additional Features
- No Home Owners Association
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Apr 1, 2022
Sold by
Lloyd John T and Lloyd Elaine R
Bought by
Smith Travis D and Cyr Jasmine M
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Becky Day
First Choice Real Estate
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,419
Avg. Annual Appreciation
-1.05%
Original Mortgage
$400,000
Outstanding Balance
$377,706
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$47,220
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Travis D | $400,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Travis D | $400,000 | |
| Previous Owner | Bond Christopher T | $251,000 | |
| Previous Owner | Lloyd John T | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $440,000 | -6.2% | $96 / Sq Ft |
| 12/23/2021 12/23/21 | Pending | -- | -- | -- |
| 04/03/2021 04/03/21 | For Sale | $469,000 | -- | $102 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,041 | $349,198 | $47,073 | $302,125 |
| 2023 | $5,587 | $349,198 | $47,073 | $302,125 |
| 2022 | $5,308 | $279,359 | $37,659 | $241,700 |
| 2021 | $4,665 | $241,700 | $0 | $241,700 |
| 2020 | $5,076 | $241,700 | $0 | $241,700 |
Source: Public Records
Agents Affiliated with this Home
-
David White
-
Becky Day
Buyer's Agent in 2022
Becky Day
First Choice Real Estate
(207) 521-7005
305 Total Sales
Map
Source: Maine Listings
MLS Number: 1486414
APN: LUDW M:7 L:22-LEASE
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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