Check Availability
Penobscot 04953
238 Palmer Road
$280,000
House - For Sale

238 Palmer Road

Newport, ME 04953
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1248 Sqft
$1,542
Estimated Monthly
7.54%
Cap Rate

About This Property

Nice raised ranch in a quiet country setting. This 3 bed 1 bath raised ranch is located in Newport and is close to town, but far enough so that you still have the country feel. The home has been well maintained with newer flooring and paint, and has a large garage with stalls. There is also a large yard. This garage could easily be converted into a barn for those of you with horses. There is also a large storage shed on site for your lawn mower or 4 Wheeler. The basement in this home is mostly finished.
The property is within a short drive or even walking distance to Sebasticook Lake. Sebasticook lake covers an area of 4,288 acres and reaches depths of 50 ft. Many species of fish can be fished from these waters a few being largemouth bass, white perch, and pickerel. There is a public boat landing in town.
Newport Maine with its approximate population of 3,133 has all the amenities one might be looking for such as the big stores like Walmart and Tractor Supply. There is also a large grocery store, several restaurants and a hotel. It is also only 20 min from Bangor with all it has to offer. Come take a look at this great property today!

The manager has listed the unit size as 1248 square feet.
Unit Size
1,248Ft²
Days on Market
325 days
Land Size
1.84 acres
Price per sqft
$224
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
-

Listed By

Emily Pond
United Country Lifestyle Properties of Maine
Last updated: 27 days ago (MREISME #1564552)

Price History

Date / Event Date Event Price
May 2, 2024 Relisted $280,000
Relisted
Feb 20, 2024 No longer available -
No longer available
Aug 29, 2023 Price Increased $280,000
↑ $21K (8.1%)
Price Increased
Aug 29, 2023 Relisted $259,000
Relisted
Jul 18, 2023 No longer available -
No longer available
Show More

Property Highlights

Exterior Details

Exterior Information

Vinyl Siding
Wood

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 80,150
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.84
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MANCHESTER STEPHEN
  • Previous Owner : URQUHART JASON E
  • Owner Before Previous Owner: GRAY CALVIN K
  • Owner Before Previous Owner 2: GRAY PAMELA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Regional School Unit 19
  • School Tax School District: RSU 19
  • Census Tract: 013000

Geography

  • Parcel: NEPT M:003 L:015-001-256
  • Lot: 15
  • Municipality: NEWPORT
  • Latitude: 44.8381
  • Longitude: -69.1853

    Address

  • Full Address: 238 Palmer Rd
  • Address - House Number: 238
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Newport
  • Carrier Code: R002
  • 4-Digit Zip Code: 3625
  • Zip Code: 04953

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,503

    Appraisal Valuation

  • Standard Deviation: 0.1301
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 277,379
  • High Value: 313,476
  • Low Value: 241,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,700
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $101,200

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 05, 2022
  • Current Sale Transaction ID: 11899596198
  • Current Sale Price: $234,900
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 34990
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Amount: $179,800
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 05, 2022
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST ALLIANCE LENDIN
  • Previous Mortgage Transaction Date: Jul 06, 2016
  • Previous Mortgage Loan Amount: $143,856
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 06, 2046

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Penobscot


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 238 Palmer Road built and last sold?
The property at 238 Palmer Road was built in and last sold on Nov 29, 2022 for $234,900.
How much is this home worth?
The estimated value of the home located at 238 Palmer Road is $261,590.
What are some comparable homes to 238 Palmer Road?
There are currently no comparable homes to 238 Palmer Road.

Quantcast