NOT LISTED FOR SALE

9 Ledgewood Ln Freeport, ME 04032

Estimated Value: $480,000 - $498,000

2 Beds
1 Bath
983 Sq Ft
$499/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $77,500 $79 Per Sq Ft

Est. 533% increase in value since last sale

Current estimated payment $2,947/month

116 Days on Market

Highlights

  • 2.5 Acre Lot
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Mast Landing School Rated A
  • Wooded Lot
  • No HOA

About This Home

As of March 2019

Excellent investor or contractor opportunity! Nice 2.5 acre lot in well established area. Build your new home or renovate what is there! Property is being sold "as is" and in "as is" condition.

Last Agent to Sell the Property

Patrick Powers

Powers Real Estate Listed on: 12/08/2018

Co-Listed By

Heidi Hall

Powers Real Estate

Last Buyer's Agent

Patrick Powers

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 2.5 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned RR-1

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • 983 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Electric Range

Flooring

  • Brick
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 9ledgewoodlanefreeportmaine04032

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Surface Type: Paved
  • Co List Office Phone: 207-846-1200
  • MLS Status: Closed
  • Directions: Route 125 to right Baker Road, then left on Ledgewood Lane to #9
  • Above Grade Finished Sq Ft: 983.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 101.73
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 983.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Basement Entry:Exterior Only: Yes
  • Floors:Brick2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Excellent investor or contractor opportunity! Nice 2.5 acre lot in well established area. Build your new home or renovate what is there! Property is being sold "as is" and in "as is" condition.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Dirt Floor, Full, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: 108900.0
  • Parcel #: 9ledgewoodlanefreeportmaine04032
  • Zoning: RR-1

Tax Info

  • Tax Annual Amount: 2419.0
  • Tax Lot: 17
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Morin Robert J and Morin Renee P
Bought by
Wark Alison R and Wark Matthew T
Current Estimated Value
$490,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$202,040
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$288,772

Purchase Details

Listed on
Dec 8, 2018
Closed on
Feb 15, 2019
Sold by
Libby Mark S and Libby Cynthia G
Bought by
Morin Robert J and Morin Renee P
Seller's Agent
Patrick Powers
Powers Real Estate
Buyer's Agent
Patrick Powers
Portside Real Estate Group
List Price
$135,000
Sold Price
$77,500
Premium/Discount to List
-$57,500
-42.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.40%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wark Alison R -- Liberty Title & Escrow Compa
Morin Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wark Alison R $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $77,500 -42.6% $79 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
09/12/2018 09/12/18 For Sale $135,000 -- $137 / 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 $4,479 $335,500 $153,500 $182,000
2023 $4,096 $297,900 $139,500 $158,400
2022 $3,877 $284,000 $125,600 $158,400
2021 $3,791 $284,000 $125,600 $158,400
2020 $2,436 $174,000 $82,200 $91,800
2019 $1,207 $84,400 $77,600 $6,800
2018 $2,519 $167,400 $86,500 $80,900
2017 $2,419 $161,800 $84,600 $77,200
2016 $2,395 $151,600 $80,100 $71,500
2015 $2,434 $144,900 $76,700 $68,200
2014 $2,351 $148,800 $76,700 $72,100
2013 $2,366 $149,300 $75,500 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1366818

Maine Listings

APN: FPRT-000017-000017