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261 Island Falls Road

261 Island Falls Road, Sherman, ME 04776
Property in Sherman
Sold Sep 29, 2006
$78,800
$63,000 by Maine State Cu
Mortgage
Local assessors in Sherman, ME have categorized 261 Island Falls Road as a residential type of property. The property's lot size has been calculated to be 130,680 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 261 Island Falls Road was last sold in Jan 1, 1970 for $78,800. Current property owners are expected to pay $1,082 in taxes per year. The property on 261 Island Falls Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $49,200. To break that down further, the land itself was valued at $12,300. While improvements to the property were assessed at a total of $36,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Multifamily
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • 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: 3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOMERS KEVIN J
  • Current Owner 2: SOMERS KELLY J
  • Previous Owner : PROVENCHER JOYCE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Aroostook Unorganized Territory
  • School Tax School District: RSU 89
  • Census Tract: 952700

Geography

  • Parcel: SHEN M:06 L:017
  • Lot: 17
  • Municipality: SHERMAN
  • Latitude: 45.8887
  • Longitude: -68.3299

    Address

  • Full Address: 261 Island Falls Rd
  • Address - House Number: 261
  • Address - Street Name: Island Falls
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Sherman
  • Carrier Code: R011
  • 4-Digit Zip Code: 3202
  • Zip Code: 04776

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,082

    Appraisal Valuation

  • Standard Deviation: 0.1391
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 72
  • Final Value: 104,266
  • High Value: 118,772
  • Low Value: 89,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,000
  • First Open Lien Mortgage Lender: MAINE STATE CU
  • First Open Lien Mortgage Recording Date: Sep 29, 2006
  • First Open Lien Mortgage Loan Amount: $63,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,200
  • Assessed Land Value: $12,300
  • Assessed Improvements Value: $36,900

    Sales

  • Current Sale Recording Date: Sep 29, 2006
  • Current Sale Transaction ID: 1611746908
  • Current Sale Price: $78,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 000000013338

    Last Sale Mortgage

  • First Mortgage Lender: MAINE STATE CU
  • First Mortgage Transaction Date: Sep 29, 2006
  • First Mortgage Loan Amount: $63,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Aroostook



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Frequently Asked Questions

What neighborhood is 261 Island Falls Road located in?
The 261 Island Falls Road is a located in the neighborhood of Sherman in Aroostook, Sherman.
What is the average sales price for listings in 261 Island Falls Road?
The average sales price for units in 261 Island Falls Road is $0 currently.

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