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387 Willow Lane

387 Willow Lane, Wiscasset, ME 04578
Property in Wiscasset
Sold Jul 15, 2022
$293,000
$278,350 by Homebridge Financial Services
Mortgage
Sold Dec 12, 2016
$104,000
$83,201 by First Fsla
Mortgage Due Dec 12, 2036
387 Willow Lane has been categorized by the local assessors in Wiscasset, ME as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 387 Willow Lane has 1,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 806 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 132,858 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of rock and stone. In terms of heating, it is utilizing a hot water heating system. 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, 387 Willow Lane was last sold in Jul 13, 2022 for $293,000. According to our calculations, that's $222.64 per sqft. Prior to that sales transaction, the property was sold for $104,000 in Jan 1, 1970. Current property owners are expected to pay $3,669 in taxes per year. The property on 387 Willow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $215,200. To break that down further, the land itself was valued at $54,600. While improvements to the property were assessed at a total of $160,600. 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. 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.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.

Building Features

Exterior

Block Exterior
Wood Siding

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Multifamily
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 806
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 132,858
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.05
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRAHAM THEODORE J
  • Current Owner 2: GRAHAM SAMANTHA L
  • Previous Owner : PIILANI REUBEN L
  • Previous Owner 2: PIILANI SHARON P
  • Owner Before Previous Owner: REED BRUCE
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Wiscasset Public Schools
  • School Tax School District: WISCASSET PS
  • Census Tract: 975500

Zoning

  • Zoning: RURAL

Geography

  • Parcel: WISC M:R02 L:031
  • Lot: 31
  • Municipality: WISCASSET
  • Latitude: 44.025
  • Longitude: -69.698

    Address

  • Full Address: 387 Willow Ln
  • Address - House Number: 387
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: ME
  • City Name: Wiscasset
  • Carrier Code: R004
  • 4-Digit Zip Code: 4404
  • Zip Code: 04578

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,669

    Appraisal Valuation

  • Standard Deviation: 0.2655
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 62
  • Final Value: 335,218
  • High Value: 424,242
  • Low Value: 246,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,350
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 15, 2022
  • First Open Lien Mortgage Loan Amount: $278,350
  • 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: 2023
  • Assessed Total Value: $215,200
  • Assessed Land Value: $54,600
  • Assessed Improvements Value: $160,600

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Transaction ID: 11892631408
  • Current Sale Price: $293,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 88987
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 15, 2022
  • First Mortgage Loan Amount: $278,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FSLA
  • Previous Mortgage Transaction Date: Dec 12, 2016
  • Previous Mortgage Loan Amount: $83,201
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 12, 2036

About Lincoln



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Frequently Asked Questions

What neighborhood is 387 Willow Lane located in?
The 387 Willow Lane is a located in the neighborhood of Wiscasset in Lincoln, Wiscasset.
What is the average sales price for listings in 387 Willow Lane?
The average sales price for units in 387 Willow Lane is $0 currently.

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