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2520 Trout Brook Lane

2520 Trout Brook Lane, Kingfield, ME 04947
Sold Nov 14, 2022
Transfer
$256,000 by Mortgage Network Inc
Mortgage
Sold Mar 25, 2021
$320,000
$256,000 by Mortgage Network Inc
Mortgage
2520 Trout Brook Lane has been categorized by the local assessors in Kingfield, ME as a residential type of property. The area measurement of the land has been determined as 33 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $320,000 in Mar 22, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,322 in taxes each year. 2520 Trout Brook Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $174,000. If we break it down further, the land itself was valued at $21,000. Improvements to the property, however, were assessed at a total of $153,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 33
  • 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
  • Subdivision: SNOWBROOK VLG CONDO
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : LORNA J HOLMES 2022 T
  • Previous Owner : HOLMES LORNA J
  • Owner Before Previous Owner: LOW KATHRYN G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Carrabassett Valley
  • School Tax School District: CARRABASSETT VY
  • Census Tract: 970101

Geography

  • Parcel: CRBV M:0103 L:0093
  • Lot: 93
  • Municipality: CARRABASSETT VALLEY
  • Latitude: 45.067
  • Longitude: -70.3096

    Address

  • Full Address: 2520 Trout Brook Ln
  • Address - House Number: 2520
  • Address - Street Name: Trout Brook
  • Address - Suffix Type: Ln
  • State: ME
  • City Name: Kingfield
  • Zip Code: 04947

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,322

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 428,718
  • High Value: 535,383
  • Low Value: 322,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,000
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $153,000

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Transaction ID: 11898849787
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9065
  • Previous Sale Recording Date: Mar 25, 2021
  • Previous Sale Contract Date: Mar 22, 2021
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Mar 25, 2021
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Franklin



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2520 Trout Brook Lane located in?
The 2520 Trout Brook Lane is a located in the neighborhood of Carrabassett Valley in Franklin, Kingfield.
What is the average sales price for listings in 2520 Trout Brook Lane?
The average sales price for units in 2520 Trout Brook Lane is $0 currently.

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